Henry County Estate Land Auction
Winfield, Iowa
Located on the Southeast corner of Winfield
Thursday, September 20, 2012 at 1:02 pm
Showing on Thursday, September 6th from 1-2 pm
Selling lump sum sale price!
14.89 Acres M/L Sells in One Tract
FSA Information (two farms combined):
15.7 acres tillable
120 bushel corn yield, 1.2 acre corn base
38 bushel bean yield, .6 acre bean base
CSR 71.4
Description of Home:
Kitchen, living room, dining room, 4 bedrooms and bath.
Basement w/GFA furnace.
City gas & water.
*City of Winfield states it is unknown whether there is a septic system.
Not Included: All growing crops
TERMS: 20% down payment on September 20, 2012 balance to be paid on or before October 18, 2012 upon delivery of merchantable abstract and deed.
POSSESSION: October 18, 2012 subject to tenants rights.
REAL ESTATE TAXES: To be prorated to date of possession on the basis o...
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.
Gross - $549.71
Ag Cr. - $10.81
Homestead Cr. - $80.67
Net - $460.00 (rounded)
Special Provisions:
Termination has been served to the tenant.
Tenant will grant fall tillage upon completion of the harvest of the 2012 crops.
It shall be the obligation of the buyer to report to the Henry County FSA office and show filed deed in order to receive the following if applicable:
A. Allotted base acres. B. Any future government programs.
The seller shall not be obligated to furnish a survey of the property.
The buyer shall be responsible for any fencing in accordance with Iowa state law.
The buyer shall be responsible for installing his/her own entrances if needed or desired.
Due to this being an estate, the seller will be exempt from all Iowa septic system laws. Any inspections, upgrades, repairs or maintenance to the septic system will be at the buyers expense in accordance with Henry County & Iowa Laws & regulations.
If in the future a site clean up is required it shall be at the expense of the buyer.
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 he/she 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.
Owners: Gilbert Swenson Estate
Elna Easter and Howard & Janice Cooley
Michael C. Vance Attorney
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