227 Acres Clay County, Iowa, IA - Waterford Township

Sold

227 Acres Clay County, Iowa, IA - Waterford Township

SOLD

Selling Price: $8,300/acre

Sale Date: Thursday, November 1, 2012 10:00 AM

Sale Location: Hap Ketelsen Community Center, 203 N. Main St., Everly, IA

Documents and Maps

Property Location

1 mile north of Everly, IA on M27, 2 miles west on Hwy. 18 and 1/2 mile north on 110th Avenue.

Legal Description

Tract 1: The North Half of the Northwest Quarter (N 1/2 NW 1/4) and the North Half of the South Half of the Northwest Quarter (N 1/2 S 1/2 NW 1/4) in Section Twenty-nine (29), Township Ninety-seven (97) North, Range Thirty-eight (38), West of the 5th P.M., Clay County, IA.

Tract 2: The South Half of the South Half of the Northwest Quarter (S 1/2 S 1/2 NW 1/4) and the East Half of the Southwest Quarter (E 1/2 SW 1/4) in Section Twenty-nine (29), Township Ninety-seven (97) North, Range Thirty-eight (38), West of the 5th P.M., Clay County, IA, less the building site located on the East Half of the Southwest Quarter (E 1/2 SW 1/4).

Method of Sale

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

Combined FSA

Total Acres: Parcel A: 120.0 m/l; Parcel B: 107.0 m/l

Tillable Acres: 225.2 ac.

Corn Base: 111.0 ac

Corn DD/CC Yield: 117/143 bu.

Soybean Base: 110.9 ac.

Soybean DD/CC Yield: 38/46 bu.

Surety/Agridata Avg. CSR2

Parcel A: 69.0; Parcel B: 71.6

Surety/Agridata Avg. CSR1

Parcel A: 62.5; Parcel B: 57.1

Real Estate Taxes

Taxable Acres: Parcel A: 118.5 ac.; Parcel B: 106.5 ac.

Taxes: Parcel A: $2,437 (est); Parcel B: $2,191 (est)

Terms

10% earnest money down day of sale. Balance due at closing on or before December 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.

Comments

Midwest Land Management is pleased to selling this Clay County farm at public auction. Land buyers and investors, here is a great opportunity to purchase a nearly all-tillable farm in the Everly- Hartley area. We look forward to seeing you at the sale.

Listing Agent

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