325 Acres m/l Selling in 3 Tracts Clay County, IA - Peterson Township

Land Auction

325 Acres m/l Selling in 3 Tracts Clay County, IA - Peterson Township

Sale Date: Tuesday, November 23, 2021 10:00 AM

Sale Location: Peterson Community Center, 101 2nd Street, Peterson, IA,

Documents and Maps

Property Location

Tract 1 is located 2¾ miles north of Peterson, Iowa on 120th Avenue. 
Tract 2 is located 2¼ miles north of Peterson, Iowa on 120th Avenue and ½ mile west on 480th Street.
Tract 3 is located ½ mile west of Peterson, Iowa on Highway 10.

Legal Description

Tract 1 (120 Acres m/l) - The North Half of the Northwest Quarter (N½ NW¼) AND the North Half of the South Half of the Northwest Quarter (N½ S½ NW¼) of Section Sixteen (16), Township Ninety-four (94) North, Range Thirty-five (35) West of the 5th P.M., Clay County, Iowa. Exact legal to be taken from abstract.

Tract 2 (141 Acres m/l) - The Northwest Quarter (NW¼) of Section Twenty (20), Township Ninety-four (94) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa EXCEPT a parcel of land in the Northwest Quarter of Section Twenty (20), Township Ninety-four North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa containing 18 acres more or less. Exact legal to be taken from abstract.

Tract 3 (64 Acres m/l) - Part of the Southeast Quarter of the Southwest Quarter (SE¼ SW¼) and Part of the Southwest Quarter of the Southeast Quarter (SW¼ SE¼) of Section Twenty-nine (29), Township Ninety-four (94) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa AND Part of the Northeast Quarter of the Northwest Quarter (NE¼ NW¼) and Part of the Northwest Quarter of the  Northeast Quarter (NW¼ NE¼) of Section Thirty-two (32), Township Ninety-four (94) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa. Exact legal to be taken from survey.

Soils

Tract 1: Gillett Grove & McCreath
Tract 2: Gillett Grove, McCreath, Sac & Annieville
Tract 3: Colo, Terril & Spillville

Surety/Agridata Avg

Tract 1 Avg. CSR2: 94.8 / Avg. CSR1: 79
Tract 2 Avg. CSR2: 95.6 / Avg. CSR1: 79.6
Tract 3 Avg. CSR2: 83.7 / Avg. CSR1: 73.6

Real Estate Taxes

Tract 1 - $4,012
Tract 2 - $4,716
Tract 3 - $1,428

Terms

10% earnest money due day of sale. Balance due at closing on or before January 14, 2022. All bids are subject to approval of seller.

Listing Agent

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