Selling Price: Parcel A: $7700/acre; Parcel B: $10,000/acre; Parcel C: $10,400/acre
Sale Date: Thursday, August 30, 2012 10:00 AM
Sale Location: Clay County Regional Events Center, 800 West 18th St., Spencer, IA
From Spencer IA, 2-1/2 miles south of Hwy 18E on 225th Ave. (Asher Road)
Tract 1: The North Half of the Southeast Quarter (N 1/2 SE 1/4) Section Thirty-one (31), Township Ninety-six (96) North, Range Thirty-six (36) West of the 5th P.M., Clay County, IA, except building site, to be determined by survey.
Tract 2: The South Half of the Southeast Quarter (S 1/2 SE 1/4) Section Thirty-one (31), Township Ninety-six (96) North, Range Thirty-six (36) West of the 5th P.M., Clay County, IA
Tract 3: The West Forty (40) acres of the Southwest Quarter (SW 1/4) Section Thirty-two (32), Township Ninety-six (96) North, Range Thirty-six (36) West of the 5th P.M., Clay County, IA
Parcels A, B, and C will be sold with successful bidder having choice of any or all parcels.
Cropland Acres: 186.0 ac.
Corn Base: 92.1 ac.
Corn DD/CC Yield: 123/138 bu.
Soybean Base: 92.4 ac.
Soybean DD/CC Yield: 36/43 bu.
Tract 1: 64.6
Tract 2: 70.5
Tract 3: 69.6
Taxable Acres: Parcel A: 72.3 ac. (est.); Parcel B: 75.8 ac. (est.); Parcel C: 39.3 ac. (est.)
Taxes: Parcel A: $1676; Parcel B: $1868; Parcel C: $944
10% earnest money down day of sale. Balance due at closing on or before closing November 15, 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 farms in Clay County. The successful bidder will have choice of 40 acres, 73 acres or 80 acres . The parcels will not be recombined. Here is an excellent opportunity to purchase productive farmland within close proximity to local grain markets.