Selling Price: Parcel A: $12,500 per acre; Parcel B: $4,275 per acre
Sale Date: Thursday, May 16, 2013 10:00 AM
Sale Location: Linn Grove Community Center, 110 Weaver St., Linn Grove, IA
1 mile north of Linn Grove, Iowa on M36, 1/2 mile north and west on Hill Road which turns into 510th Street in Clay County.
Tract 1: Part of the South Half (S 1/2) of Section Thirty-one (31), Township Ninety-four (94) North, Range Thirty-seven (37) West of the 5th P.M., Clay County, Iowa (tillable portion of the farm). Full legal to be taken from abstract.
Tract 2: Part of the South Half (S 1/2) of Section Thirty-one (31), Township Ninety-four (94) North, Range Thirty-seven (37) West of the 5th P.M. Clay County, Iowa (pasture, improved acreage, and outbuilding portion of the farm). Full legal to be taken from abstract.
Parcel A will be sold first with sale of Parcel B immediately following.
Total Acres: 191 ac. m/l
Tillable Acres: 183.1 ac. est.
Corn Base: 103.1 ac.
Corn DD/CC Yield: 117/143 bu.
Soybean Base: 79.2 ac.
Soybean DD/CC Yield: 40/48 bu.
Total Acres: 131 ac. m/l
Tract 1: 77.0
Tract 2: 41.1
Parcel A: 187.4 ac. est
Parcel B: 131 ac. m/l
Parcel A: $4761
Parcel B: $2423
10% earnest money down day of sale. Balance due at closing on or before June 14, 2013. Real estate taxes to be prorated to December 31, 2012. Possession is subject to a cash lease for 2013. Buyer receives 100% of 2013 cash rent. All final bids are subject to approval of Seller.
Midwest Land Management is pleased to be auctioning this Clay County farm for Dr. James D. Carlson. Parcel A features a nearly level, all-tillable tract of productive farmland with a 77 CSR in one large contiguous field. Parcel B features picturesque pasture hills, 1344 Sq. Ft. ranch style home and a 24'x60' utility shed. Bluebird Creek flows through the pasture providing a good source of water for livestock and recreational use. This is truly a unique opportunity to purchase tillable land and adjoining pasture land in the Linn Grove area. Both parcels to be surveyed prior to the auction and sold by surveyed acres.