Today Smith Auction Marketing Company conducted an auction at Stanton Iowa for seller John Crofts Jr. The farm to be sold was 240 acres of Iowa farmland along with a farmstead consisting of a home and outbuildings. Tract #1: Total Acres 80 m/l , Cropland 75.6 acres according to FSA. Taxable Acres 76.96. Method of sale 76.96 X bid price to determine total sales price. CSR 77.2 Price realized was $4900 per acre Tract #2: This tract will be 155 acres more or less. Cropland 141.3 acres. Approximately 5 acres to be surveyed off at sellers expense for homesite at 2337 M Avenue. Taxable acres 149.09 m/l. Method of sale 149.09 X bid price to determine total sales price. 1.4 acres enrolled in CRP. CSR 73.2 Price realized was $4550 per acre Farmstead: Two story 3 bedroom home built...
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