Selling Price: Parcel A: $8,100 per acre; Parcel B: $7,775 per acre
Sale Date: Wednesday, July 8, 2015 10:00 AM
Sale Location: Ruthven Social Center, 1503 Rolling Street, Ruthven, Iowa
Tract 1: The South Half of the Northeast Quarter (S 1/2 NE 1/4) and the North Half of the Southeast Quarter (N 1/2 SE 1/4) except building site, Section Thirty-three (33), Township Ninety-seven (97) North, Range Thirty-five (35) West of the 5th P.M., Clay County, Iowa.
Tract 2: Lot Four (4) of Section Thirty-four (34), Township Ninety- seven (97) North, Range Thirty-five (35) West of the 5th P.M., Clay County, Iowa.
Parcel A will be sold first with sale of Parcel B immediately following.
Tillable Acres: 165.65 ac.
CRP Acres: Parcel B CRP Acres: 5.9 ac.; Annual CRP Contract Payment: $1,838
Corn Base: 85.30 ac.
Corn DD/CC Yield: 123/123 bu.
Soybean Base: 73.20 ac.
Soybean DD/CC Yield: 34/34 bu.
Tract 1: Webster, Canisteo, Nicollet, Clarion, Okoboji, Harps and Wadena
Tract 2: Canisteo, Nicollet, Okoboji, Clarion and Aquolls
Tract 1: 82.9
Tract 2: 78
Tract 1: 73.3
Tract 2: 69.6
Tract 1 Taxable Acres: 143
Tract 1 Taxes: $3260
Tract 2 Taxable Acres: 23.50
Tract 2 Taxes: $512
10% earnest money down day of sale. Balance due at closing on or before November 4, 2015. Real estate taxes to be prorated to December 31, 2015. Possession is subject to cash rent lease for 2015 crop year. Sellers to retain 100% of the 2015 cash rent. All final bids are subject to approval of seller.
Land buyers, here is an excellent opportunity to purchase 145 acres or 26 acres in Clay County, Iowa. Parcel A is a highly-tillable tract of productive farmland with very good soils. Parcel B contains a blend of row crop and CRP acres and adjoins the west side of Round Lake. Make plans to attend this auction!!