320th Street & Lakin's Grove Avenue, Stanhope, IA 50246

$1

Hamilton County, Iowa Land Auction – Mark your calendar for Thursday, February 5th, 2026, at 10:00 AM! Representing the Clifford L. Johnson Farm in the sale of 120.00 acres m/l located approximately 3 miles northeast of Stanhope, Iowa. This high-quality Hamilton County, Iowa farm consists of 117.14 Non-Highly Erodible FSA cropland acres, of which 99.70 are currently in row crop production carrying a CSR2 average of 71.1. The balance of the 17.44 FSA cropland acres are currently enrolled in CRP programs CP27 & CP28, producing an annual payment of $5,232. Farm Lease: The farm is leased for the 2026 crop season, and the Buyer will assume the 2026 farm lease. The total cash rent for the 2026 year is $26,919 and is paid in three equal payments. The first payment of $8,973 is paid on March 1st, 2026, and will appear as a credit to the Buyer at closing. The final two payments will be made directly to the Buyer with the second payment of $8,973 being made on September 1st, 2026, and the third payment of $8,973 being made on November 15th, 2026. Please reach out to the listing agent for more details. CRP Contracts: 2.02 acres enrolled in CP27 | Contract expires 9/30/32 | $300.00 Rental Rate per Acre | Annual Payment $606 3.03 acres enrolled in CP27 | Contract expires 9/30/32 | $300.00 Rental Rate per Acre | Annual Payment $909 12.39 acres enrolled in CP28 | Contract expires 9/30/32 | $300.00 Rental Rate per Acre | Annual Payment $3,717

Legal: Exact legal to be taken from abstract.