Louisa County LAND AUCTION
Wapello, Iowa
Located 5 miles west of Wapello on G62, then mile north on X37.
THURSDAY, NOVEMBER 8, 2012 AT 10:02 A.M.
Preview on Friday, October 26th, from 10-11 A.M.
66 Acres M/L To be Sold In 1 Tract
FSA Information: 41 acres tillable NHEL
124 bushel corn yield and 22 acre corn base
34 bushel bean yield and 14.3 acre bean base
Corn suitability rating on entire farm is 66.7 and 81.8 on the tillable!!
Majority soils are Koszta and Bertrand.
Located in Section 23, Marshall Township, Louisa County, Iowa.
Opportunity to purchase tillable farmland with balance being timber with Long creek running through the property.
TERMS: 20% down payment on November 8, 2012. Balance to be at closing with projected date of December 7, 2012 upon delivery of merchantable abstract and deed.
POSSESSION: Projected date of December 7, 2012
REAL ESTATE TAXES: To be prorate...
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.
Not included: Hunting blinds, Tree stands & 2012 crop
Starburst ***2013 Farming Rights
The following taxes are approximate and will be used at closing.
Gross: $1,386.94
Ag. Credit: $70.26
Net: $1,316.00 (rounded)
Special Provisions:
It shall be the obligation of the buyer to report to the Louisa 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 of record, as well as all applicable zoning laws.
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.
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: Ed Duling
Bill Matthews - Attorney
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