159.24 Acres Clay County, Iowa, IA - Gillett Grove Township

Sold

159.24 Acres Clay County, Iowa, IA - Gillett Grove Township

SOLD

Selling Price: Parcel A: $6,800 per acre; Parcel B: $7,450 per acre; Parcel C: $36,000

Sale Date: Thursday, July 15, 2010 10:00 AM

Sale Location: Royal Community Center located at 302 Main Street, Royal, IA.

Documents and Maps

Property Location

From Spencer, 2 miles east on Hwy 18 and 6 miles south on County Road M50.

Legal Description

Tract 1 & 2: The Northwest Quarter (NW 1/4) of Section Twenty-One (21) Township Ninety-Five (95) North, Range Thirty-Six (36) West of the 5th P.M., Clay County IA.

Tract 3: 4.94 surveyed acres located in the northwest corner of Parcel A.

Method of Sale

Parcels A and B will be sold first with successful bidder having choice of either or both parcels. Parcel C will be sold immediately following.

FSA Information

Tillable Acres: 154.3 surveyed acres

Corn Base: 72.5 ac.

Corn DD/CC Yield: 119/131 bu.

Soybean Base: 72.5 ac.

Soybean DD/CC Yield: 34/41 bu.

Surety/Agridata Avg. CSR1

Avg. CSR 80 combined (Parcel A-78.4, Parcel B-81.5)

Improvements

Parcel C Building Site: 1456 sq. ft two-story frame house with detached garage, 48' x 63' Morton machine shed, 30' grain bin

Real Estate Taxes

Taxable Acres: 154.6 (combined)

Taxes: Parcel A & B: Approx. $2,570 Parcel C: Approx. $1,360

Terms

10% earnest money down day of sale. Balance due at closing on or before December 31, 2010. Real estate taxes to be prorated to date of possession. Possession will be given upon closing. Owners reserve right to reject any and all bids on the day of the sale.

Listing Agent

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