DES MOINES COUNTY LAND & REAL ESTATE AUCTION
DANVILLE, IOWA
Located 5 miles north of Danville on X31, then mile west on 180th Street.
Location address is 19493 180TH Street, New London, Iowa. Auction held onsite.
THURSDAY, NOVEMBER 21, 2013 at 10:00 A.M.
Open House on Wednesday, November 6 from 3-4pm
95 ACRES, M/L SELLING IN TWO TRACTS (Subject to final survey)
TRACT #1 - 85 ACRES, M/L (Subject to final survey)
2014 Cash Rent to Buyer! !
FSA information: Approx. 43 acres tillable
Approx. 23 acres are in CRP as follows: 23 acres at $116.80 = $2,686.40 and expires on 9-30-2017
Approx. 20 tillable acres are rented for the 2014 crop year at $162.50 acre = $3,250.00
Corn suitability rating on the tillable is 77 and 54.4 on CRP and 59.8 on entire farm.
119 bushel corn yield and 18.8 acre corn base
26 bushel bean yield and 1.2 acre bean base
34 bushel wheat yield and 0.1 acre wheat ba...
34 bushel wheat yield and 0.1 acre wheat base
Balance being timber, pasture & Flint River runs through property.
Located in Section 22, Pleasant Grove Township, Des Moines County, Iowa
TRACT #2 MOBILE HOME WITH POND & SHOP ON 10 ACRES M/L (Subject to final survey)
This three bedroom mobile home has 1226 sq. ft. of living space and was built in 1983. The home has an eat in kitchen with dishwasher. Large living room with a wood burning stove. Large master bedroom with double closets & master bath. Two bedrooms and a full bath. Two enclosed porches. Coleman furnace with central air, Washer/Dryer hookups and 200 amp breaker box. Rural water & a well.
The 30x40 shop has two overhead doors. Other buildings include: a small grain bin, two lawn sheds and a corn crib. All situated on 10 acres m/l with a pond.
Included: Two lawn sheds, 1000 gal. LP tank, 100 gal. LP tank.
Not included: All personal property.
**** Combination Farm Tillable CRP Income & Timber!!
Terms: 20% down payment on November 21, 2013. Balance at closing with projected date of December 20, 2013 upon delivery of merchantable abstract and deed.
Possession: Projected date of December 20, 2013. (Subject to tenant's lease on tillable ground. Buyer will receive entire 2014 cash rent)
Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.
The following taxes are approximate and will be used to prorate at closing.
Tract #1
Gross $830.43
Ag. Credit $39.42
Net $792.00 Approx.
Tract #2
Gross $410.68
Homestead $154.88
Agland $7.42
Net $248.00 Approx.
Any announcements made the day of sale take precedence over advertising.
Special Provisions:
Land will be surveyed by a registered land surveyor and surveyed acres will be the multiplier for Tract #1. Tract #2 will be sold lump sum price.
CRP Acres & tillable acres are approximates. Final CRP acres splits & tillable acres to be determined by Des Moines County FSA after closing.
On Tract #1 the tillable land not in CRP is rented for the 2014 crop year on a cash rent basis as follows: Approx. 20 tillable acres are rented for the 2014 crop year at $162.50 acre = $3,250.
It shall be the obligation of the buyer to serve termination to the tenant, prior to September 1, 2014, if so desired.
It shall be the obligation of the buyer to report to the Des Moines County FSA office and show filed deed in order to receive the following if applicable: A. Allotted base acres. B. Any future government programs. C. Prorate of CRP.
CRP Payment as follows:
Tract #1 - Approx. 23 acres are in CRP as follows: 23 acres at $116.80 = $2,686.40 and expires on 9-30-2017
Buyer agrees to follow all requirements of conservation plans and practices required by the FSA to maintain eligibility in the Conservation Reserve Program. Buyer agrees to accept responsibility and liability for any actions by the buyer which would endanger eligibility for the CRP or actions that would require repayment of the CRP payment or payments. Buyer further agrees to indemnify and hold harmless the sellers/tenant for any recovery sought by the FSA due to actions of buyer, which would violate the requirements of the CRP. In the event the buyer elect to take the ground out of CRP, the buyer will be responsible to the seller/tenant for any prorate of the CRP payment that the seller/tenant would have received.
The buyer shall be responsible for installing his/her own entrances if needed or desired.
The buyer shall reimburse the seller for the remaining LP in the LP tank at the current rate on the day of closing.
Due to this being an estate, the seller will be exempt from all Iowa septic system laws. Any inspections, upgrades, repairs, maintenance or other matters to the septic system will be at the buyer's expense in accordance with Des Moines County & Iowa Laws & regulations.
If in the future a site clean up is required it shall be at the expense of the buyer.
The buyer shall be responsible for any fencing in accordance with Iowa state law.
Easement on the southwest corner
This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
The buyer acknowledges that they have carefully and thoroughly inspected the real estate and are 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.
Albert F. Heckenberg Estate
Ronald A. Heckenberg Executor
Michael C. Vance - Attorney
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