237 Acres, Tract 5 of 5 (660 Acre Farm) Palo Alto County, Iowa - Booth Township

Sold

237 Acres, Tract 5 of 5 (660 Acre Farm) Palo Alto County, Iowa - Booth Township

SOLD

Selling Price: $9,025 per acre

Sale Date: Friday, April 26, 2013 10:00 AM

Sale Location: Laurens Golf & Country Club, 12582 Hwy. 10, Laurens, Iowa

Documents and Maps

Property Location

8 miles north of Laurens on N-28

Legal Description

Tract 5: The South Half of the Northwest Quarter (S 1/2 NW 1/4) and the Southwest Quarter (SW 1/4) of Section Eleven (11), Township Ninety-four (94) North, Range Thirty-four (34) West of the 5th P.M., Palo Alto County, Iowa excluding 3 acres in the southeast quarter of the southwest quarter

Method of Sale

Each tract will be sold individually.

FSA Information

Tillable Acres: 226.0 ac.

CRP Acres: 10.4 ac., Annual CRP payment $1,411, CRP Contract Expires in 2015

Corn Base: 191.4 ac.

Corn DD/CC Yield: 124/124 bu.

Soybean Base: 21.8 ac.

Soybean DD/CC Yield: 39/39 bu.

Surety/Agridata Avg. CSR1

66.1

Real Estate Taxes

Taxes: $5116

Terms

10% earnest money down day of sale. Balance due at closing on or before May 29, 2013. Real estate taxes to be prorated to December 31, 2012. Full possession will be given with 10% down on auction day. Buyer to reimburse previous tenant for 2 passes of fall tillage and manure application. All final bids are subject to approval of Seller.

Comments

Midwest Land Management is pleased to be selling at public auction the farms locally known as the Roger Baker farms. These farms are available to farm for the 2013 crop season and full possession will be given day of the auction with 10% down. What an excellent opportunity to own 80 to 660 acres of high quality Iowa farmland in the Laurens area. Please call with specific questions on any of these tracts. Soil maps and aerial photos are available on our website. We look forward to seeing you at the auction.

Listing Agent

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