Selling Price: Tract 1: $4,000 per acre; Tract 2: $1,750 per acre
Sale Date: Thursday, November 5, 2015 4:30 PM
Sale Location: Lake City Community Building, 120 E. Washington St., Lake City, Iowa
Tract 1: The Southwest Quarter of the Southeast Quarter (SW 1/4 SE 1/4) of Section Eight (8), Township Eighty-five (85) North, Range Thirty-three (33) West of the 5th P.M., Carroll County, IA. Exact legal to be taken from the abstract.
Tract 2: The West Half of the Northeast Quarter (W 1/2 NE 1/4) of Section Seventeen (17), Township Eighty-five (85) North, Range Thirty-three (33) West of the 5th P.M., Carroll County,Iowa. Exact legal to be taken from the abstract.
Total Acres: 40 acres m/l
Cropland Acres: 29.04 acres
Tillable Acres: 27 acres
Total Acres: 72 acres m/l
Cropland Acres: 18.57 acres
Tillable Acres: 13.3 acres
Corn Base: 20.22
PLC Corn Yield: 116
Soybean Base: 22.18
PLC Soybean Yield: 37
Tract 1: Cylinder, Wadena, Clarion, Dickman and Canisteo
Tract 2: Wadena and Cylinder
Tract 1: 61.2
Tract 2: 57.1
Tract 1 Taxes: $650
Tract 2 Taxes: $1254
10% earnest money down day of sale. Balance due at closing on or before Dec. 15, 2015. Real estate taxes to be prorated to Jan. 1, 2016. Sellers to keep 100% of the 2015 cash rent. All final bids are subject to approval of seller.
Investors and Outdoorsmen, here is an excellent opportunity to purchase two tracts of blended land. Tract 1 contains farmland and grassland. Tract 2 contains over 28 acres of water in 3 different ponds, providing for excellent fishing and recreation. Tract 2 also contains 18.57 acres of cropland. Don't miss your opportunity to purchase these tracts of hard-to-find land at public auction.