Auction Flyer UPDATED.pdf
ABSOLUTE
241 ACRES M/L
LISTING #12777
CERRO GORDO COUNTY, IOWA
241 Acres M/L Wednesday, August 19, 2015 10:00 AM Mason City Country Club 3331 19th Street SW Mason City, Iowa DESCRIPTION: Tract #1-This property consists of 81 acres, of which there are 78.26 taxable acres and 78.25 cropland acres. This property has an average CSR2 of 82.6, with the county average CSR1 being 71.4. Tract #2-This property consists of 80 acres, of which there are 76.3 taxable acres and 74.14 cropland acres. This property has an average CSR2 of 82.8, with the county average CSR1 being 71.4. Tract #3-This property consists of 80 acres, of which there are 76.94 taxable acres and 74.23 cropland acres. This property has an average CSR2 of 77.6, with the county average CSR1 being 71.4. DIRECTIONS: Tract #1-From Rockwell, go west on 150th Street or County Road B-60 to Mallard Avenue, then north ½ mile. Farm is located on the east side of Mallard Avenue or in the SE corner of the intersection of Mallard Avenue and 160th Street. Please watch for signs. Tract #2-From Rockwell, go west on 150th Street or County Road B-60 to Mallard Avenue, then north 2 ½ miles. Farm is located on the west side of Mallard Avenue or in the SW corner of the intersection of Mallard Avenue and 180th Street. Please watch for signs. Tract #3-From Rockwell, go west on 150th Street or County Road B-60 to Mallard Avenue, then north 2 ½ miles. Farm is located on the east side of Mallard Avenue or in the SE corner of the intersection of Mallard Avenue and 180th Street. Please watch for signs. LEGAL DESCRIPTION: Tract #1-The West One-Half of the Northwest Fractional Quarter of Section Six (6), Township Ninety-four (94) North, Range Twenty (20), West of the 5th P.M, Cerro Gordo County, Iowa. Tract #2-The East One-Half of the Northeast Quarter of Section Twenty-five (25), Township Ninety-five (95) North, Range Twenty-one (21), West of the 5th P.M, Cerro Gordo County, Iowa. Tract #3-The West One-Half of the Northwest Quarter of Section Thirty (30), Township Ninety-five (95) North, Range Twenty (20), West of the 5th P.M, Cerro Gordo County, Iowa. Please refer to abstracts for exact legal descriptions on all tracts. FARM PROGRAM INFORMATION: Tract #1: Cropland: 78.25 acres Corn Base: 38.15 acres with a PLC Yield of 143. Bean Base: 38.15 acres with a PLC Yield of 45. Tract #2: Cropland: 74.14 acres Corn Base: 36.85 acres with a PLC Yield of 148. Bean Base: 36.85 acres with a PLC Yield of 48. Tract #3: Cropland: 74.23 acres Corn Base: 36.85 acres with a PLC Yield of 148. Bean Base: 36.85 acres with a PLC Yield of 48. All tracts are classified as NHEL, with no Wetlands determination complete. FARM LEASE: Farm is cash-rented for 2015, with Seller retaining all of the 2015 rent. Lease has been terminated for 2016. IMPROVEMENTS: Tract #1: None. Tract #2: Round Steel Bin-5,000 bu.(Est) Tract #3: Machine Shed, Silo, Crib, Dwelling: Older 1.5 story home with 3 bedrooms and a 1.5 baths w/two car detached garage, with Buyer being responsible for any and all septic system updates. House can be viewed by contacting agent.
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, IA
SALE METHOD: This property will be offered as three individual tracts and will not be combined. Tract #1 will be sold as 81 acres M/L, Tract #2 will be sold as 80 acres M/L, and Tract #3 will be sold as 80 acres M/L.
ABSOLUTE
TRACT #1 ~ 81A M/L ~ CSR2: 82.6
LISTING #12777 TAXES: Tract #1: $1874/year or $23.95/taxable acre Tract #2: $1866/year or $24.46/taxable acre Tract #3: $2364/year or $30.73/taxable acre *Property taxes will be prorated to date of closing. MINERALS: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer. POSSESSION: Possession will be granted at closing, 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 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 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.
TRACT #2 ~ 80A M/L ~ CSR2: 82.8
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. 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: Clarence E. Oetken Estate ATTORNEY: Don Esser *INDIVIDUAL AERIAL AND SOILS MAPS MAY BE FOUND ON OUR WEBSITE. 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. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction.
TRACT #3 ~ 80A M/L ~ CSR2: 77.6
For more information and complete soil maps, please look up listing #12777 on our website.
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.
241 ACRES M/L
LISTING #12777
CERRO GORDO COUNTY, IOWA
241 Acres M/L Wednesday, August 19, 2015 10:00 AM Mason City Country Club 3331 19th Street SW Mason City, Iowa DESCRIPTION: Tract #1-This property consists of 81 acres, of which there are 78.26 taxable acres and 78.25 cropland acres. This property has an average CSR2 of 82.6, with the county average CSR1 being 71.4. Tract #2-This property consists of 80 acres, of which there are 76.3 taxable acres and 74.14 cropland acres. This property has an average CSR2 of 82.8, with the county average CSR1 being 71.4. Tract #3-This property consists of 80 acres, of which there are 76.94 taxable acres and 74.23 cropland acres. This property has an average CSR2 of 77.6, with the county average CSR1 being 71.4. DIRECTIONS: Tract #1-From Rockwell, go west on 150th Street or County Road B-60 to Mallard Avenue, then north ½ mile. Farm is located on the east side of Mallard Avenue or in the SE corner of the intersection of Mallard Avenue and 160th Street. Please watch for signs. Tract #2-From Rockwell, go west on 150th Street or County Road B-60 to Mallard Avenue, then north 2 ½ miles. Farm is located on the west side of Mallard Avenue or in the SW corner of the intersection of Mallard Avenue and 180th Street. Please watch for signs. Tract #3-From Rockwell, go west on 150th Street or County Road B-60 to Mallard Avenue, then north 2 ½ miles. Farm is located on the east side of Mallard Avenue or in the SE corner of the intersection of Mallard Avenue and 180th Street. Please watch for signs. LEGAL DESCRIPTION: Tract #1-The West One-Half of the Northwest Fractional Quarter of Section Six (6), Township Ninety-four (94) North, Range Twenty (20), West of the 5th P.M, Cerro Gordo County, Iowa. Tract #2-The East One-Half of the Northeast Quarter of Section Twenty-five (25), Township Ninety-five (95) North, Range Twenty-one (21), West of the 5th P.M, Cerro Gordo County, Iowa. Tract #3-The West One-Half of the Northwest Quarter of Section Thirty (30), Township Ninety-five (95) North, Range Twenty (20), West of the 5th P.M, Cerro Gordo County, Iowa. Please refer to abstracts for exact legal descriptions on all tracts. FARM PROGRAM INFORMATION: Tract #1: Cropland: 78.25 acres Corn Base: 38.15 acres with a PLC Yield of 143. Bean Base: 38.15 acres with a PLC Yield of 45. Tract #2: Cropland: 74.14 acres Corn Base: 36.85 acres with a PLC Yield of 148. Bean Base: 36.85 acres with a PLC Yield of 48. Tract #3: Cropland: 74.23 acres Corn Base: 36.85 acres with a PLC Yield of 148. Bean Base: 36.85 acres with a PLC Yield of 48. All tracts are classified as NHEL, with no Wetlands determination complete. FARM LEASE: Farm is cash-rented for 2015, with Seller retaining all of the 2015 rent. Lease has been terminated for 2016. IMPROVEMENTS: Tract #1: None. Tract #2: Round Steel Bin-5,000 bu.(Est) Tract #3: Machine Shed, Silo, Crib, Dwelling: Older 1.5 story home with 3 bedrooms and a 1.5 baths w/two car detached garage, with Buyer being responsible for any and all septic system updates. House can be viewed by contacting agent.
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, IA
SALE METHOD: This property will be offered as three individual tracts and will not be combined. Tract #1 will be sold as 81 acres M/L, Tract #2 will be sold as 80 acres M/L, and Tract #3 will be sold as 80 acres M/L.
ABSOLUTE
TRACT #1 ~ 81A M/L ~ CSR2: 82.6
LISTING #12777 TAXES: Tract #1: $1874/year or $23.95/taxable acre Tract #2: $1866/year or $24.46/taxable acre Tract #3: $2364/year or $30.73/taxable acre *Property taxes will be prorated to date of closing. MINERALS: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer. POSSESSION: Possession will be granted at closing, 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 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 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.
TRACT #2 ~ 80A M/L ~ CSR2: 82.8
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. 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: Clarence E. Oetken Estate ATTORNEY: Don Esser *INDIVIDUAL AERIAL AND SOILS MAPS MAY BE FOUND ON OUR WEBSITE. 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. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction.
TRACT #3 ~ 80A M/L ~ CSR2: 77.6
For more information and complete soil maps, please look up listing #12777 on our website.
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.
