322 Acres Clay County, Iowa, IA - Douglas Township

Sold

322 Acres Clay County, Iowa, IA - Douglas Township

SOLD

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

Documents and Maps

Property Location

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.

Video

Legal Description

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.

Method of Sale

Parcel A will be sold first with sale of Parcel B immediately following.

Tract 1 FSA Information

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.

Tract 2 FSA Information

Total Acres: 131 ac. m/l

Surety/Agridata Avg. CSR1

Tract 1: 77.0

Tract 2: 41.1

Real Estate Taxes

Taxable Acres:
Parcel A: 187.4 ac. est
Parcel B: 131 ac. m/l

Taxes:
Parcel A: $4761
Parcel B: $2423

Terms

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.

Comments

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.

Listing Agent

For More Information Contact:

Questions? Contact Us