160 Acres Clay County, Iowa, IA - Douglas Township

Sold

160 Acres Clay County, Iowa, IA - Douglas Township

SOLD

Selling Price: $7,120 per acre

Sale Date: Thursday, August 19, 2010 10:00 AM

Sale Location: American Legion Community Center at 200 Main St., Sioux Rapids, IA

Documents and Maps

Property Location

From Spencer, 12 miles south on Hwy 71 and 3 miles west on 480th St., OR from Sioux Rapids, 4 miles north on Hwy 71 and 3 miles west on 480th St.

Legal Description

Tract 1 & 2: The Southwest Quarter (SW1/4) of Section Sixteen (16) Township Ninetyfour (94) North, Range Thirty-seven (37) West of the 5th P.M., Clay County, IA.

Tract 1: The North Half of the Southwest Quarter (N1/2 SW1/4) of Section Sixteen (16) Township Ninety-four (94) North, Range Thirty-seven (37) West of the 5th P.M., Clay County, IA. (80 ac. more or less)

Tract 2: The South Half of the Southwest Quarter (S1/2 SW1/4) of Section Sixteen (16) Township Ninety-four (94) North, Range Thirty-seven (37) West of the 5th P.M., Clay County, IA. (80 ac. more or less)

Method of Sale

Parcels A and B will be sold with successful bidder having choice of either or both parcels.

FSA Information

Tillable Acres: 155.1 ac. (Parcel A & B Combined)

Corn Base: 76.7 ac.

Corn DD/CC Yield: 125/168 bu.

Soybean Base: 76.7 ac.

Soybean DD/CC Yield: 41/49 bu.

Surety/Agridata Avg. CSR1

Tract 1 & 2 Combined: 76.2 combined (Parcel A - 75.1, Parcel B - 77.4)

Real Estate Taxes

Taxable Acres: 155.6 (combined)

Taxes: Approx. $3718 (combined)

Terms

10% earnest money down day of sale. Balance due at closing on or before November 1, 2010. Real estate taxes to be prorated to December 31, 2010. 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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