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.
From Spencer, 2 miles east on Hwy 18 and 6 miles south on County Road M50.
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.
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.
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.
Avg. CSR 80 combined (Parcel A-78.4, Parcel B-81.5)
Parcel C Building Site: 1456 sq. ft two-story frame house with detached garage, 48' x 63' Morton machine shed, 30' grain bin
Taxable Acres: 154.6 (combined)
Taxes: Parcel A & B: Approx. $2,570 Parcel C: Approx. $1,360
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.