Drinovsky Farm Auction
Sale held at:
North Tama Activity Center, 212 N. Main St. Traer, IA 50675
Located on the north edge of Traer along Hwy 63
Farm Located: From Traer go 6 miles southwest on Hwy 63 then 3 miles north on K Ave. and then 1 1/2 miles west on 160th St.
Legal Description: The Southwest Quarter of the Southeast Quarter of Section 34,
Township 86 North, Range 15 West of 5th P.M., Tama Co., IA
FSA Information: Farm Tract 9921
Cropland 39.56 acres
Corn Base 19.0 acres Corn Direct Yield 127
Soybean Base 17.6 acres Soybean Direct Yield 38
Average CSR: According to Tama Co. Assessor the subject has a 80.9 CSR
Real Estate Taxes: Taxes to be prorated to day of closing . Taxes are $950/yr.
Possession: At closing on December 1, 2011, subject to the 2011 Cash Rent Lease. Full possession will be granted March 1, 2012.
Method of Sale: ...
Method of Sale: This property will be offered at public auction as one parcel containing 40 acres +/-.
The bids will be dollars per acre and will be multiplied by 40 acres to determine
the total sales price.
Terms: High bidder of real estate to pay 10% of the purchase price to Appraisal & Real Estate Services trust account on September 22, 2011. Buyer will sign a Real Estate Sales Agreement providing for a full cash settlement on or before December 1, 2011. Successful bidders are purchasing with no financing contingencies and must be prepared for a cash settle ment of their purchase. Final settlement and payment of the balance of the purchase price to be by cashiers check or wire transfer at closing on December 1, 2011. Seller re serves the right to reject any and all bids.
Announcements: Property information provided herein was obtained from sources deemed reliable, but the Auctioneer makes no guarantees as to its accuracy. All prospective bidders are
urged to fully inspect the property, its condition and to rely on their own conclusions.
The property is being sold As IsWhere Is and the buyers are purchasing subject to any
easements or restrictions of record. Any announcements made auction day by the
Auctioneer will take precedence over any previous printed material or oral statements.
Bidding increments are solely at the discretion of the Auctioneer. All acreage figures are
based on information currently available, but they are not guaranteed.
Agency: Appraisal & Real Estate Services and their representatives are Agents of the Seller.
Seller: Russell L. & Irma L. Drinovsky
Brokers Comments: This is a high quality Tama County farm with good soils located in a strong area.
The information gathered for this brochure is from sources deemed reliable, but cannot be guaranteed by ARES or its staff.
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