Selling Price: Parcel A: $9,275/acre; Parcel B: $8,600/acre
Sale Date: Wednesday, August 15, 2012 10:00 AM
Sale Location: Clay County Regional Events Center, 800 W 18th St., Spencer IA
From Spencer IA, 4 miles north on Hwy 71 and 1 mile east on blacktop B14.
Tract 1: North Half of the Northwest Quarter (N1/2 NW1/4) Section Eight (8), Township Ninety-seven (97) North, Range Thirty-six (36) West of the 5th P.M., Clay County, Iowa.
Tract 2: North Half of the Northeast Quarter (N1/2 NE1/4) Section Eight (8), Township Ninety-seven (97) North, Range Thirty-six (36) West of the 5th P.M., Clay County, Iowa.
Parcels A and B will be sold with successful bidder having choice of either or both parcels.
Tillable Acres: 152.1 acres
Corn Base: 90.7 acres
Corn DD/CC Yield: 123/123 bu.
Soybean Base: 61.3 acres
Soybean DD/CC Yield: 37/37 bu.
Tract 1: 72
Tract 2: 67
Taxable Acres: Parcel A: 76.5 acres; Parcel B: 75.8 acres
Taxes: Parcel A: $1498; Parcel B: $1420
10% earnest money down day of sale. Balance due at closing on or before closing November 1, 2012. Real estate taxes to be prorated to December 31, 2012. Possession will be given upon closing. All final bids are subject to approval of Seller.
Midwest Land Management is pleased to be selling these attractive 80 acre parcels in Clay County. Here is an excellent opportunity to purchase 80 or 160 acres of productive farmland within close proximity to local grain markets. We look forward to seeing you at the auction.