Des Moines County LAND AUCTION
Burlington, Iowa
Located 6 miles north of Burlington on Hwy 99, then 2 miles east on 170th Street, then 1 mile north on 40th Avenue then 1 mile east on 180th Street. (Watch for auction signs)
THURSDAY, AUGUST 30TH AT 10:02 AM
40 Acres, M/L Sells in One Tract
FSA Information: 37.66 acres tillable
CSR is 79.3!
129 bushel corn yield and 31.4 acre corn base
26 bushel bean yield and 24 acre bean base
39 bushel wheat yield and 5.1 acre wheat base
(Bases & Yields are combined with other land that is not selling)
Located in 17, Jackson Township, Des Moines County, Iowa.
TERMS: 20% down payment on August 30, 2012. Balance to be paid on or before September 27, 2012 upon delivery of merchantable abstract and deed.
POSSESSION: September 27, 2012 (Subject to the lease with the tenant)
REAL ESTATE TAXES: To be prorated to date of possession on the basis of the las...
REAL ESTATE TAXES: To be prorated to date of possession on the basis of the last available tax statement and all prior taxes. Seller shall pay any real estate taxes payable in prior years.
79.3 CSR!!!
The following taxes are approximate and will be used at closing.
Gross $564.47
Ag. Credit - -$16.84
Net - $548.00 (rounded)
Levy District + $230.00
Special Assessment +$126.00
Drainage +$640.00
Total Net Taxes $1544.00
Special Provisions:
The tenant has been served notice. The buyer will have fall tillage rights upon completion of the harvest of the 2012 crops.
It shall be the obligation of the buyer to report to the Des County FSA office and show filed deed in order to receive the following if applicable:
A. Allotted base acres. B. Future government programs.
The seller shall not be obligated to furnish a survey.
This real estate is selling subject to any and all covenants, restrictions and easements, as well as all applicable zoning laws.
There is a 16 easement across the SE1/4 of the SE1/4 of Section 17 which is used to access this farm.
The buyer shall be responsible for any fencing in accordance with Iowa state law.
If in the future a site clean up is required it shall be at the expense of the buyer.
The buyer acknowledges that he/she has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyer is buying this real estate in its as is condition and there are no expressed or implied warranties pertaining to the same.
Owner: Donna M. Martin
Steve Swanson Attorney for Seller
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