80 Acres, 73 Acres and 7 Acre Acreage Clay County, Iowa, IA - Riverton Township

Sold

80 Acres, 73 Acres and 7 Acre Acreage Clay County, Iowa, IA - Riverton Township

SOLD

Selling Price: Parcel A: $10,700 per acre; Parcel B $10,500 per acre Parcel C- $228,000

Sale Date: Wednesday, August 26, 2015 10:00 AM

Sale Location: Sale to be held at farm located at 3655 190th Avenue, Spencer, Iowa

Documents and Maps

Property Overview

Key Features


Dwelling:
  • 2074 Sq. Ft.
  • 1-1/2 story home
  • 5 bedrooms/
  • 1 3/4 baths
Outbuildings:
  • Detached 2 Car Garage
  • 54 x 80 Morton
  • 32 x 54 Utility Shed
  • 38 x 56 Barn

Legal Description

Tract 1: The South Half of the Southeast Quarter (S 1/2 SE 1/4) of Section Twenty-one (21), Township Ninety-six (96) North, Range Thirty-seven (37) West of the 5th P.M., Clay County, Iowa.

Tract 2: The North Half of the Southeast Quarter (N 1/2 SE 1/4) of Section Twenty-one (21), Township Ninety-six (96) North, Range Thirty-seven (37) West of the 5th P.M., Clay County, Iowa excluding building site.

Tract 3: 7 Acre Acreage Located In The Northeast Quarter of the Northeast Quarter of the Southeast Quarter (NE 1/4 NE 1/4 SE 1/4) of Section Twenty-one (21) in Township Ninety-six (96) North of Thirty-seven (37) West of the 5th P.M., Clay County, Iowa. Exact legal to be taken from survey.

Method of Sale

Choice of Parcel A & B. Parcel C to be sold after Parcel A & B.

Utilities

Iowa Lakes Regional Water, Iowa Lakes Electric Coop

School District

Spencer Community Schools

Combined FSA

Tillable Acres: 150.27 ac.

Corn Base: 74.4 ac.

PLC Corn Yield: 172

Soybean Base: 73.1 ac.

PLC Soybean Yield: 49

Soils

Tract 1: Everly, Rushmore and Ransom
Tract 2: Wilmonton, Everly, Ransom, Rushmore, Letri, Dickinson and Afton

Surety/Agridata Avg. CSR2

Tract 1: 91.7

Tract 2: 91.1

Surety/Agridata Avg. CSR1

Tract 1: 73.4

Tract 2: 73.6

Real Estate Taxes

Tract 1 Taxes: $2,044

Tract 2 Taxes: $2,148 (estimated)

Tract 3 Taxes: $900 (estimated)

Terms

10% earnest money down day of sale. Balance due at closing on or before October 5, 2015 for acreage and on or before November 9, 2015 for farmland. Real Estate Taxes will be prorated to January 1, 2016. Buyer to bring septic system to current Iowa code. Buyer to have full possession after the 2015 crop has been removed. All final bids are subject to approval of seller.

Comments

Attention Land Buyers & Acreage Buyers, here is an excellent opportunity to purchase 2 highly tillable, productive parcels of farmland and or classic farm acreage within 5 miles of Spencer, IA. The Clausen property is located on a hard surfaced road and has been very well cared for. The farmland is very productive and would make an excellent investment property. Make plans to attend this land auction.

Listing Agent

For More Information Contact:

Questions? Contact Us