Auction Information
160 Acres, Riverton Twp, Clay County, Iowa
Auction Date: Wednesday, August 26, 2015 at 10:00 AM
Sale to be held at farm located at 3655 190th Avenue, Spencer, Iowa
Method of Sale: Choice of Tracts 1 & 2. Tract 3 to be sold after Tracts 1 & 2.
Acreage Open House: August 20 from 5-6 P.M.
Tract 1 - 80 Acres More or Less, Riverton Township, Clay County, Iowa
Tract 1 Legal Description: 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.
Surety/AgriData Avg. CSR2: 91.7
Surety/AgriData Avg. CSR1: 73.4
Primary Soils: Everly, Rushmore and Ransom
Annual Real estate Taxes: $2,044
Tract 2-73 Acres More or Less, Riverton Township, Clay County, Iowa
Tract 2 Legal Description: 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) ...
Tract 2 Legal Description: 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.
Surety/AgriData Avg. CSR2: 91.1
Surety/AgriData Avg. CSR1: 73.6
Primary Soils: Wilmonton, Everly, Ransom, Rushmore, Letri, Dickinson and Afton
Annual Real Estate Taxes: $2,148 (estimated)
Combined FSA Information for Tract 1 and 2:
Tillable Acres: 150.27 ac.
Corn Base 74.4 ac. PLC Yield: 172
Soybean Base: 73.1 ac. PLC Yield: 49
Tract 3-7 Acre Acreage, Riverton Township, Clay County, Iowa
Tract 3 Legal Description: 7 Acre Acreage located in the Northeast Quarter of the Northeast Quarter of the Southeast Quarter (NE1/4 NE1/4 SE1/4) of Section Twenty-one (21) in Township Ninety-six (96) North of the Thirty-seven (37) West of the 5th P.M., Clay County, Iowa. Exact legal to be taken from survey.
Property Features:
2074 square feet
1 1/2 story home
1 3/4 baths
Detached 2 Car Garage
54 x 80 Morton
32 x 54 Utility Shed
38 x 56 Barn
Real Estate Taxes: $900 Estimated
Utilities: Iowa Lakes Regional Water, Iowa Lakes Electric Coop
School District: Spencer Community Schools
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.