120 ACRES M/L
LISTING #12778
120 ACRES M/L
120 Acres M/L Tuesday, August 18, 2015 10:00 AM Titan Machinery Expo Center 3093 220th Street Williams, Iowa
HAMILTON COUNTY, IOWA
DESCRIPTION: This property consists of 120 acres M/L, of which there are 115.5 taxable acres and 114.52 cropland acres. This property has an average CSR2 of 83.8, with the county average CSR1 being 75.5. DIRECTIONS: From Blairsburg, Iowa, go north on State Highway #69 to 190th Street or County Road D-20, then west on D-20 2 miles to R-63 or Poplar Grove Avenue. Farm is located in the NW corner of the intersection of Poplar Grove Avenue and 185th Street. Please watch for signs. LEGAL DESCRIPTION: The South One-Half of the Northeast Quarter (S1/2 NE1/4); the Southeast Quarter of the Northwest Quarter (SE1/4 NW1/4), all in Section Sixteen (16), Township Eightynine (89) North, Range Twenty-four (24), West of the 5th P.M, Hamilton County, Iowa. Please refer to abstract for exact legal description. PROGRAM INFORMATION: Cropland: 114.52 acres Corn Base: 79.65 acres with a PLC Yield of 141 bu. Bean Base: 26.55 acres with a PLC Yield of 45 bu. *The subject property is classified as NHEL with the Wetlands determination not complete. *Tract contains 3.10 acres of CRP that pays $178.42/acre or $553/year until 9-30-2015. Seller to retain 100% of the CRP payment. FARM LEASE: Farm is available for 2016. Seller to retain all of the 2015 cash rent. SALE METHOD: This property will be offered as one individual tract, and will be sold as 120 acres M/L. TAXES: $3083/yr or $26.69/taxable acre. *Property taxes will be prorated to date of closing. IMPROVEMENTS: A single wind turbine is located on the subject property. New owner will get lease payments assigned to them based upon the closing date. Payments are estimated to be $5,000/yr.
JEFFREY T. OBRECHT
MERRILL AHRENS
C: 515-689-1648 O: 641-648-5065 [email protected] Iowa Falls, IA
C: 507-421-0158 O: 641-648-5065 [email protected] Iowa Falls, Iowa
MINERALS: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer.
120A M/L ~ CSR2: 83.8
LISTING #12778 POSSESSION: Possession will be granted at closing, on or about October 1, 2015, subject to the current cash rent lease. EARNEST PAYMENT: A 15% earnest money payment is required on the day of the auction. The earnest payment may be paid in the form of cash or check. All funds will be held in the Peoples Company or named attorney’s trust account. CONTRACT & TITLE: Immediately upon conclusion of the auction the high bidder will enter into a real estate contract and deposit with Peoples Company or the named attorney the required earnest payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon buyer financing. Seller to pay all escrow closing costs. CLOSING: Closing will occur on or about October 1, 2015. The balance of the purchase price will be payable at closing in cash, guaranteed check, or wire transfer. SURVEY: At the Seller’s option, the Seller shall provide a new survey where there is not an existing legal or where new boundaries are created. The Seller will be responsible for any survey costs.
BLAIRSBURG TOWNSHIP PLAT MAP
BIDDER REGISTRATION: All prospective bidders must register with the auction company and receive a bidder’s number in order to bid at the auction. SELLER: Marie L. Gimer Irrevocable Trust ATTORNEY: Mike Holt This sale is subject to all easements, covenants, leases and restrictions of record. All property is sold on an “As is—Where is” basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller. All announcements made day of sale take precedent over previously provided information. All bids will be on a per acre basis. Seller reserves the right to accept or reject any and all bids. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer will take precedence over any previous material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.
For more information look up listing #12778 on our website.
120 ACRES M/L
120 Acres M/L Tuesday, August 18, 2015 10:00 AM Titan Machinery Expo Center 3093 220th Street Williams, Iowa
HAMILTON COUNTY, IOWA
DESCRIPTION: This property consists of 120 acres M/L, of which there are 115.5 taxable acres and 114.52 cropland acres. This property has an average CSR2 of 83.8, with the county average CSR1 being 75.5. DIRECTIONS: From Blairsburg, Iowa, go north on State Highway #69 to 190th Street or County Road D-20, then west on D-20 2 miles to R-63 or Poplar Grove Avenue. Farm is located in the NW corner of the intersection of Poplar Grove Avenue and 185th Street. Please watch for signs. LEGAL DESCRIPTION: The South One-Half of the Northeast Quarter (S1/2 NE1/4); the Southeast Quarter of the Northwest Quarter (SE1/4 NW1/4), all in Section Sixteen (16), Township Eightynine (89) North, Range Twenty-four (24), West of the 5th P.M, Hamilton County, Iowa. Please refer to abstract for exact legal description. PROGRAM INFORMATION: Cropland: 114.52 acres Corn Base: 79.65 acres with a PLC Yield of 141 bu. Bean Base: 26.55 acres with a PLC Yield of 45 bu. *The subject property is classified as NHEL with the Wetlands determination not complete. *Tract contains 3.10 acres of CRP that pays $178.42/acre or $553/year until 9-30-2015. Seller to retain 100% of the CRP payment. FARM LEASE: Farm is available for 2016. Seller to retain all of the 2015 cash rent. SALE METHOD: This property will be offered as one individual tract, and will be sold as 120 acres M/L. TAXES: $3083/yr or $26.69/taxable acre. *Property taxes will be prorated to date of closing. IMPROVEMENTS: A single wind turbine is located on the subject property. New owner will get lease payments assigned to them based upon the closing date. Payments are estimated to be $5,000/yr.
JEFFREY T. OBRECHT
MERRILL AHRENS
C: 515-689-1648 O: 641-648-5065 [email protected] Iowa Falls, IA
C: 507-421-0158 O: 641-648-5065 [email protected] Iowa Falls, Iowa
MINERALS: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer.
120A M/L ~ CSR2: 83.8
LISTING #12778 POSSESSION: Possession will be granted at closing, on or about October 1, 2015, subject to the current cash rent lease. EARNEST PAYMENT: A 15% earnest money payment is required on the day of the auction. The earnest payment may be paid in the form of cash or check. All funds will be held in the Peoples Company or named attorney’s trust account. CONTRACT & TITLE: Immediately upon conclusion of the auction the high bidder will enter into a real estate contract and deposit with Peoples Company or the named attorney the required earnest payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon buyer financing. Seller to pay all escrow closing costs. CLOSING: Closing will occur on or about October 1, 2015. The balance of the purchase price will be payable at closing in cash, guaranteed check, or wire transfer. SURVEY: At the Seller’s option, the Seller shall provide a new survey where there is not an existing legal or where new boundaries are created. The Seller will be responsible for any survey costs.
BLAIRSBURG TOWNSHIP PLAT MAP
BIDDER REGISTRATION: All prospective bidders must register with the auction company and receive a bidder’s number in order to bid at the auction. SELLER: Marie L. Gimer Irrevocable Trust ATTORNEY: Mike Holt This sale is subject to all easements, covenants, leases and restrictions of record. All property is sold on an “As is—Where is” basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller. All announcements made day of sale take precedent over previously provided information. All bids will be on a per acre basis. Seller reserves the right to accept or reject any and all bids. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer will take precedence over any previous material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.
For more information look up listing #12778 on our website.
