Nickerson 0329 front.eps
LAND AUCTION Cass Township • Harrison County, Iowa
Tract 1 - 178.09 Taxable Acres • Tract 2 - 21.4 Acres w/Home & Improvements
Thursday, March 29, 2012 The Twisted Tail Steakhouse, Beebeetown, Iowa OPEN HOUSE: Home will be open for viewing Sunday, March 18th from 1 to 3 p.m. and Sunday, March 25th from 1 to 3 p.m., or by appointment by contacting Ed Spencer at 402-510-3276. DIRECTIONS TO THE FARM: From Logan, Iowa, east on Hwy. 30 to Overton Ave., south on Overton Ave. to Reading Trail. East on Reading Trail approx. 41⁄2 miles to 270th St. Left on 270th St. approx. 21⁄2 miles to the property.
10 A.M.
TRACT 1: 178.09 taxable acres, 100% tillable. Legal Description: The Southwest Quarter of the Southeast Quarter, The Southeast Quarter of the Southeast Quarter, and the Northeast Quarter of the Southeast Quarter of Section 25, Township 79N, Range 42 West of the 5th PM; and the Northwest Quarter of the Southwest Quarter and the North one-half of the Southwest Quarter Southwest Quarter of Section 30, Township 79N, Range 41W of the 5th PM, Harrison County, Iowa except the W1/2 SW1/4 SW1/4 25-79-42, Harrison County, Iowa. Taxes: $3,434 for 2010 tax year, prorated to the date of closing. Tillable Acres: 178.09 tillable acres m/l including terraces. TRACT 2: 3311 270th St., Logan, Iowa. 21.4 taxable acres w/home & improvements. Legal Description: The South 1/2 of SWSW, 30-79-41, Harrison County, Iowa. Taxes: $2,414 for 2010 tax year, prorated to the date of closing. Tillable Acres: 8.08 tillable acres m/l. Improvements: Home: Completely remodeled 2400 sq. ft. home features 2 bedrooms on main level, 2 bedrooms on the upper level, 2 bathrooms, home office, formal dining room, play room and gas fireplace. New hardy board siding and 30 year roof in 2002. New windows throughout the home. New furnace/heat pump 2009. New water heater. Newer flooring. Newer wiring. Dishwasher, range and refrigerator. Shop: 48'x48' equipment bay plus heated interior workshop and toilet room. Loft storage with 20' high ceilings. Machine Shed: 90'x54' enclosed Morton building that is currently set up with 3 horse stalls. Other buildings: 108'x48' Pole Shed open to one side with auto waterers. 90'x54' Pole Shed. Two Run Out Sheds. 24x40 Shed. 19x24 Metal Shivers Drying Bin. 24x36 Metal Bin, 21x24 Metal Bin, 18x24 Metal Bin & 18x18 Metal Bin. Cross Augers. 190x100 Riding Ring w/Footing. Garden Shed. Note: Water and electric is run to all buildings. FSA Information, Entire Farm: Farm#: 4339 Tract#: 4484 Cropland: 190.8 Corn Base: 134.2 DY: 93 CCY: 93 Bean Base: 55.9 DY: 33 CCY: 33 CSR Estimated at 62 per Harrison County NRCS Soil Survey. Note: If Tracts 1 & 2 are sold to different buyers, farm bases will be split by the Harrison County FSA. Possession: Buyer will receive full possession and full farming rights on Tract 1 at closing. Buyer will receive full possession of residence on August 1st, 2012, and farming rights to Tract 2 cropland at closing. Method of Auction: Tract 1 will be sold on a dollar per taxable acre basis. Tract 2 will be sold on a total dollar basis. Terms: 10% down on each tract day of auction, with balance due on or before April 27th, 2012. Buyer accepts the property in its as-is condition. Buyer will enter into a purchase agreement immediately following the auction. Bids are not subject to financing, so your financing must be arranged prior to the auction. Acceptance of Bids: Final bids are subject to the seller’s approval. Title: Sellers will provide abstract and clear and marketable title on Tract 1 at closing. Seller will provide clear and marketable title and title insurance on Tract 2 at closing, with the cost of the title insurance being split 50/50 between the buyer and the sellers. Auctioneer’s Note: This is truly a once in a lifetime opportunity to purchase a highly productive hill farm. Fully equipped home base farming headquarters. Amenities include a very nice remodeled farm home with numerous outbuildings for both livestock use and equipment storage, 48x48 farm shop, heated with 16’ overhead door and attached workshop. There are approximately 43,000-bu. of grain storage. This farm was previously the home base operation headquarters for the Olhava Family. This farm was purchased from the Olhava’s by the Nickerson’s, and now they are offering it to the public in this once in a lifetime opportunity. Home and buildings will be open for viewing Sunday, March 18th and Sunday, March 25th from 1 to 3 p.m., or by appointment ONLY by contacting Ed Spencer at 402-510-3276.
Agency: Ed Spencer Real Estate and Associates are agents for and represent the seller. All bidders will be considered customers, not clients. Disclaimer: Announcements made by the auctioneer at the time of the sale will take precedence over any previously printed material or any other oral statements made. All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The property is being sold on an as is where is basis, and no warranty or representation either expressed or implied concerning the property is made by the seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the seller or the Auction Company. All sketches and dimensions in this brochure are approximate. All acreages are approximate and have been estimated based on aerial photographs. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer.
James & Luanne Nickerson, Owners Managed By:
Spencer Auction Company
Ed Spencer Real Estate & Auction Co. Auctioneers: Ed Spencer 402-510-3276 Steve Christiansen 712-643-2160 Luke Spencer 402-510-5853
322 E. 7th St. — Logan, IA. 51546 712-644-2151 Office • 402-510-3276 Mobile
www.edspencer.com www.nationallandexchange.com
Specializing in Land Sales, Farm Management and Auctions of all types.
Tract 1 - 178.09 Taxable Acres • Tract 2 - 21.4 Acres w/Home & Improvements
Thursday, March 29, 2012 The Twisted Tail Steakhouse, Beebeetown, Iowa OPEN HOUSE: Home will be open for viewing Sunday, March 18th from 1 to 3 p.m. and Sunday, March 25th from 1 to 3 p.m., or by appointment by contacting Ed Spencer at 402-510-3276. DIRECTIONS TO THE FARM: From Logan, Iowa, east on Hwy. 30 to Overton Ave., south on Overton Ave. to Reading Trail. East on Reading Trail approx. 41⁄2 miles to 270th St. Left on 270th St. approx. 21⁄2 miles to the property.
10 A.M.
TRACT 1: 178.09 taxable acres, 100% tillable. Legal Description: The Southwest Quarter of the Southeast Quarter, The Southeast Quarter of the Southeast Quarter, and the Northeast Quarter of the Southeast Quarter of Section 25, Township 79N, Range 42 West of the 5th PM; and the Northwest Quarter of the Southwest Quarter and the North one-half of the Southwest Quarter Southwest Quarter of Section 30, Township 79N, Range 41W of the 5th PM, Harrison County, Iowa except the W1/2 SW1/4 SW1/4 25-79-42, Harrison County, Iowa. Taxes: $3,434 for 2010 tax year, prorated to the date of closing. Tillable Acres: 178.09 tillable acres m/l including terraces. TRACT 2: 3311 270th St., Logan, Iowa. 21.4 taxable acres w/home & improvements. Legal Description: The South 1/2 of SWSW, 30-79-41, Harrison County, Iowa. Taxes: $2,414 for 2010 tax year, prorated to the date of closing. Tillable Acres: 8.08 tillable acres m/l. Improvements: Home: Completely remodeled 2400 sq. ft. home features 2 bedrooms on main level, 2 bedrooms on the upper level, 2 bathrooms, home office, formal dining room, play room and gas fireplace. New hardy board siding and 30 year roof in 2002. New windows throughout the home. New furnace/heat pump 2009. New water heater. Newer flooring. Newer wiring. Dishwasher, range and refrigerator. Shop: 48'x48' equipment bay plus heated interior workshop and toilet room. Loft storage with 20' high ceilings. Machine Shed: 90'x54' enclosed Morton building that is currently set up with 3 horse stalls. Other buildings: 108'x48' Pole Shed open to one side with auto waterers. 90'x54' Pole Shed. Two Run Out Sheds. 24x40 Shed. 19x24 Metal Shivers Drying Bin. 24x36 Metal Bin, 21x24 Metal Bin, 18x24 Metal Bin & 18x18 Metal Bin. Cross Augers. 190x100 Riding Ring w/Footing. Garden Shed. Note: Water and electric is run to all buildings. FSA Information, Entire Farm: Farm#: 4339 Tract#: 4484 Cropland: 190.8 Corn Base: 134.2 DY: 93 CCY: 93 Bean Base: 55.9 DY: 33 CCY: 33 CSR Estimated at 62 per Harrison County NRCS Soil Survey. Note: If Tracts 1 & 2 are sold to different buyers, farm bases will be split by the Harrison County FSA. Possession: Buyer will receive full possession and full farming rights on Tract 1 at closing. Buyer will receive full possession of residence on August 1st, 2012, and farming rights to Tract 2 cropland at closing. Method of Auction: Tract 1 will be sold on a dollar per taxable acre basis. Tract 2 will be sold on a total dollar basis. Terms: 10% down on each tract day of auction, with balance due on or before April 27th, 2012. Buyer accepts the property in its as-is condition. Buyer will enter into a purchase agreement immediately following the auction. Bids are not subject to financing, so your financing must be arranged prior to the auction. Acceptance of Bids: Final bids are subject to the seller’s approval. Title: Sellers will provide abstract and clear and marketable title on Tract 1 at closing. Seller will provide clear and marketable title and title insurance on Tract 2 at closing, with the cost of the title insurance being split 50/50 between the buyer and the sellers. Auctioneer’s Note: This is truly a once in a lifetime opportunity to purchase a highly productive hill farm. Fully equipped home base farming headquarters. Amenities include a very nice remodeled farm home with numerous outbuildings for both livestock use and equipment storage, 48x48 farm shop, heated with 16’ overhead door and attached workshop. There are approximately 43,000-bu. of grain storage. This farm was previously the home base operation headquarters for the Olhava Family. This farm was purchased from the Olhava’s by the Nickerson’s, and now they are offering it to the public in this once in a lifetime opportunity. Home and buildings will be open for viewing Sunday, March 18th and Sunday, March 25th from 1 to 3 p.m., or by appointment ONLY by contacting Ed Spencer at 402-510-3276.
Agency: Ed Spencer Real Estate and Associates are agents for and represent the seller. All bidders will be considered customers, not clients. Disclaimer: Announcements made by the auctioneer at the time of the sale will take precedence over any previously printed material or any other oral statements made. All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The property is being sold on an as is where is basis, and no warranty or representation either expressed or implied concerning the property is made by the seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the seller or the Auction Company. All sketches and dimensions in this brochure are approximate. All acreages are approximate and have been estimated based on aerial photographs. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer.
James & Luanne Nickerson, Owners Managed By:
Spencer Auction Company
Ed Spencer Real Estate & Auction Co. Auctioneers: Ed Spencer 402-510-3276 Steve Christiansen 712-643-2160 Luke Spencer 402-510-5853
322 E. 7th St. — Logan, IA. 51546 712-644-2151 Office • 402-510-3276 Mobile
www.edspencer.com www.nationallandexchange.com
Specializing in Land Sales, Farm Management and Auctions of all types.
