(SOLD) The Young Farm

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Description: Download Informative PDF

 


The Young Farm is an agriculture 340 +/- acres of farmland with 330.67+/- acres or 98% of the land in cultivation. The farm is located in a 2.5 mile radius of the farm shop, located in Deckerville, Arkansas. The farm is being sold in 3 tracts, or as a whole to allow all investors an chance to purchase this farm. All tracts of the farm have access via an all weather road. This farm is an improved farm with irrigation and has very high quality soils for top yielding crops.


Location:
Tract 1
140 acres +/- Gilmore, Arkansas, Crittenden County, Northeast Arkansas. The NE 1/4 of the NE 1/4 of Section 10, the South 1/2 of the NW 1/4 of Section 11 and the
West 1/2 of the SW 1/4 of the NE 1/4 of Section 11 of Township 9 North, Range 7 East.
Center LAT/LON 35.48018, -90.3977

Tract 2
100 acres +/- Beasley, Arkansas, Poinsett County, Northeast Arkansas
The SE 1/4 of Section 22 of Township 10 North, Range 7 East, all lying Northeast of railroad.
Center LAT/LON: 35.4722, -90.32587

Tract 3
97 acres +/- Deckerville, Arkansas, Poinsett County, Northeast Arkansas
A tract located in the N 1/2 of Section 36 of Township 10 North, Range 7 East. Farm shop excluded from offering, but can be made available.
Center LAT/LON: 35.44729, -90.29643

 



Access:

 

Easily accessed via gravel or asphalt roads , a short drive from Highway 63 and Interstate 55.

Acreage Allocation:
Tract 1
139.34 +/- acres per Farm Service Agency
139.34 +/- acres in cultivation or 100%
Tract 2
101.07 +/- acres per Farm Service Agency
96.83 +/- acres in cultivation or 95.2%
Tract 3
99.43 +/- acres per Farm Service Agency
94.50 +/- acres in cultivation or 95.0%



Soils Allocation:
Tract 1
Dubbs Silt Loam - 65%
Sharkey Silty-Clay 10%
Forrestdale silty clay - 25%

 

Tract 2
Dubbs Silt Loam - 45%
Sharkey Silty-Clay 29%
Tunica clay - 26%

Tract 3
Alligator Clay - 60%
Sharkey Silty-Clay 11%
Tunica clay - 29%
Henry Silt Loan - 22.9%

 



Topography:
The farm is precision land formed with slopes of 0%.

 

Irrigation:
Tract 1
100% of the cultivated acres are land formed and irrigated (approx 20 acres is row watered).

Tract 2
Approximately 79% of the cultivated acres are center pivot irrigated.

Tract 3
59.5 +/- acres are precision leveled. 35 +/- are irrigated with row fall from a ridge.

 



Improvements:
Tract 1
2 - turbine irrigation wells powered by diesel power units
4 - risers for crop irrigation

 

Tract 2
1 - 1/4 mile (7 tower) T & L Hydraulic Center Pivot
1 - turbine irrigation well powered by diesel power unit

Tract 3
2 - electric irrigation wells with 75HP electric motors
4 - risers for crop irrigation

(Salient Facts continued next page)



FSA Acre Allocation:
Please note the Agriculture Act of 2014 will allow for the reallocation of the base acres. The information below is the current acre allocation per FSA.

 

FSA Farm #3178, Crittenden County, Arkansas
Wheat - 15.3 acres
Soybeans - 10.2 acres
Long Grain Rice - 33.8 acres
Medium Grain Rice - 1.5 acres
Cotton (generic base) - 170.7 acres
* This is total for all tracts for sale. Individual information available upon request.

 



Leases:
The farm has been owner/operated for years. The owner will offer the land for sale unencumbered by a lease until March 15, 2014.

 

Real Estate Taxes:
Tract 1 - $911.17 annually
Tract 2 - $511.00 annually
Tract 3 - $416.37 annually

 



Mineral Rights:
Any mineral rights in possession of the Seller will transfer to the Buyer at closing.

 

Offering Price:
The Young Farm is offered for sale at $1,625,000 or $4,780 per acre.

 



Contact Info:
For additional information regarding to this property or to schedule a showing, please contact Franklin Fogleman by calling 901-674-2840.