Gannon Real Estate

Jensen Auction (Story & Boone Co.) - 436 Acres m/l

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Displaying 6 Lots
#1

Tract 1 (Boone Co.) - 96.19 acres

CSR 2: 76.9

Taxable Acres: 96.19

Annual Real Estate Taxes : $3,004

Legal Description: N 1/2 SE 1/4 and the N 1/2 of the N 1/2 of the SE 1/4 of Section 36, T85N, R25W, Boone Co IA

Land Description: This tract lays well with a waterway in the NW corner with tile. Operator states there is a tile needing fixed in the waterway.

Jensen Tract 1 from Mark Gannon on Vimeo.

#2

Tract 2 (Boone Co.) - 63.11 acres

CSR 2: 86.2

Taxable Acres: 63.11

Annual Real Estate Taxes = $2,166

Legal Description: The S 1/2 of the NE 1/4 less acreage

exception in SE corner of 36-85-24, Boone Co IA

Excellent farmland along the west side of R38. The farm lays very well and would be a great addition to a farm in the area or investor portfolio.

Jensen Tract 2

#3

Tract 3 (Boone Co.) - 71.32 acres

CSR 2: 69.03 (this is a lower CSR2 but the operator says it is a good producer)

Taxable Acres: 71.32

Annual Real Estate Taxes = $1,994

Legal Description: The E 1/2 of the NW1/4 less acreage in 36-85-25, Boone County, IA

Land Description: Good quality land on the south side of 150th Street with a creek in the NW corner.

Jensen Tract 3

#4

Tract 4 (Story Co.) - 81.47 acres

CSR 2: 84.3

Taxable Acres: 79.24

Annual Real Estate Taxes = $3000 m/l

(Due to split with Tract 7)

Legal Description:  N 1/2 SW 1/4 of 31-85-24 less 4 acres to be surveyed. 

Land Description: Excellent quality farmland with a high CSR2. No drainage maps available.

Tract 7 is in the NW corner so this gives the buyer of Tract 4 an opportunity to keep it all together. Tract 7 will not be surveyed if Tract 4 and 7 sell to the same buyer. There are six older grain bins not in use. The driveway will be just south of the acreage driveway.

New own is allowed to widen the existing drive or add a drive to the south at least 300' from the existing drive.t

Jensen Tract 4

#5

Tract 5 (Story Co.) - 80 acres

CSR 2: 84.71

Taxable Acres: 76.77

Annual Real Estate Taxes = $2,580

Legal Description: N 1/2 of the NE 1/4 of Section 28, T85N, R24W, Story Co IA

Land Description: Another quality tract. Located at the SW corner of Gretten Ave and 140th Street. A

Jensen Tract 5

#6

Tract 6 (Story Co.) - 43.31 acres

CSR 2: 87.91

Taxable Acres: 41.2

Annual Real Estate Taxes = $1,048

Legal Description:  The SW 1/4 of the NW 1/4 of of 19-85-24 Story Co IA

Land Description: The highest CSR2 of all the Paul Jensen tracts. There is a county drainage tile that runs south to north near the N-S waterway. The land is on a correction line so the acres are higher than a typical 40 acres.

Jensen Tract 6