UNRESERVED LAND AUCTION
Thursday, September 15, 2011 at 10:02 A.M.
Fairfield, Iowa
Located south of Fairfield.(watch for auction signs)
THURSDAY, SEPTEMBER 15, 2011 AT 10:02 A.M.
THIS LAND SELLS POSITIVELY TO THE HIGHEST BIDDER!!
Land Preview on Thursday, September 1st from 10-11 am
148.39 ACRES, M/L
TO BE SOLD IN THREE TRACTS!
TRACT #1 - 51.54 ACRES, M/L
(Located 1 mile south of Fairfield on Hwy 1 then mile west on 227th St.)
FSA information: 50.99 tillable acres
110 bushel corn yield with a 19.8 acre corn base
30 bushel bean yield with a 14.1 acre bean base
Corn suitability rating is 68.5 - [ Click Here ] for Soil Map
Located in Section 2, Center S Township, Jefferson County, Iowa.
TRACT #2 - 27.85 ACRES, M/L
(Located 1 mile south of Fairfield on Hwy 1 then 1 miles west on 227th St. then mile south on Kale Blvd.)
FSA information: 25.3 tillable acres
110 bushel corn yi...
110 bushel corn yield with a 9.8 acre corn base
30 bushel bean yield with a 7.0 acre bean base
Corn suitability rating is 38.6 - [ Click Here ] for Soil Map
Located in Sections 2 & 3, Center S Township, Jefferson County, Iowa.
TRACT #3 - 68.7 ACRES, M/L
(Located 1 mile south of Fairfield on Hwy 1 then 1 miles west on 227th St. then mile south on Kale Blvd.)
Nice pasture and hay ground
Pond, creek and marketable trees!
Corn suitability rating is 45.3 - [ Click Here ] for Soil Map
Located in Sections 2 & 3, Center S Township, Jefferson County, Iowa.
TERMS: 20% down payment on September 15, 2011. Balance to be on or before October 14, 2011 upon delivery of merchantable abstract and deed.
POSSESSION: October 14, 2011 (Subject to tenant's rights)
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.
Tract #1
Gross: $1,198.00
Ag Credit: $37.51
Family Farm: $34.88
Net: $1,128.00 (rounded)
Tract #2
Gross: $290.53
Ag Credit: $9.21
Family Farm: $8.55
Net: $273.00 (rounded)
Tract #3
Gross: $554.47
Ag Credit: $17.26
Family Farm: $16.05
Net: $521.00 (rounded)
Not included: Crops are reserved for the tenant. All cattle equipment is reserved.
SPECIAL PROVISIONS:
~ The tenant has been served termination. The buyer will have fall tillage privileges upon completion of the harvest of the 2011 crops.
~ The buyer(s) shall be responsible for fencing in accordance with Iowa state law.
~ It shall be the obligation of the buyer(s) to report to the Jefferson County FSA office and show filed deeds in order to receive the following if applicable: A. Allotted base acres. B. Future government programs.
~ If in the future a site clean up is required it shall be at the expense of the buyer(s).
~ All tracts have been surveyed by a registered land surveyor.
~ This real estate is selling subject to any and all covenants, restrictions and easements of record, as well as all applicable zoning laws.
~ If one buyer purchases more than one tract the seller shall only be obligated to furnish one abstract and deed. (husband and wife constitute one buyer)
~ The buyer(s) acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer(s) are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.
Owners: Rollin Howard Family Farm
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