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AUCTION OF 240 +/- ACRES
ROCK TOWNSHIP, LYON COUNTY, IOWA FARM LAND
Wednesday, February 20, 2008
The farm is near the intersection of 170th Street and Ibex Avenue (building site address is 1673 Ibex Avenue) just two miles southeast of Rock Rapids, Iowa. Auction sign will be posted at the farm.
Farm #1 – Eastern farm
ABBREVIATED LEGAL: “East Half of Southeast Quarter & East Half of West Half of Southeast Quarter of Section 11, Rock Township.”
FARM INFORMATION: Selling will be 120 acres, more or less. This farm is combined with other property for current FSA programs. FSA maps show this parcel to be all tillable except for a small building site and road easement. Improvements include a 1 ¾ story home, unattached garage, hog house, chicken house, cattle shed, corn crib and granary. For inspection of the building site by appointment only contact auctioneers.
ABBREVIATED LEGAL: “West Half of West Half of Southeast Quarter & East Half of Southwest Quarter, Section 11, Rock Township.”
FARM INFORMATION: Selling will be 120 acres, more or less. This farm is combined with other property for current FSA programs. FSA maps show this inside parcel to be all tillable except for a small waterway area and road easement.
TRACT #1: Description of 120 acres (more or less) of farm land & buildings.
TRACT #2: Description of 120 acres (more or less) of farm land.
TRACT #3: The combined tracts of the entire farm, 240 acres (more or less).
OVERALL FARM INFORMATION: Current FSA information shows 230.6 total tillable acres in the combined descriptions. For entire tract, current corn base is 114.8 acres with 114 DY and 143 CC yields. Soybean base is 114.8 acres with 38 DY and 47 CC yields. Splits of bases and yields will be responsibility of buyers and FSA County Committee if sold in separate parcels. Current taxes for the entire tract are $4,662 per year. CSR rating for entire tract is 65.20 according to Lyon County Assessor’s records.
TERMS: Ten percent earnest money on day of auction. Buyers will enter written agreements for purchase immediately following the close of bidding. All final bids are subject to acceptance or rejection by Executor and District Court approval in the matter of the Verna V. Haegele Estate. Balance due on property on or before April 25, 2008 when deeds and abstracts will be delivered and possession given. Sellers will pay the installment of real estate taxes that would become delinquent if not paid by October 1, 2008 and all prior taxes. Seller will provide deeds and abstracts to buyers in the manner that is most cost effective for the seller. In the event one buyer purchases multiple tracts separately, sellers may furnish one deed and abstract. For inspection of the property, building site or other farm information, please contact the auctioneers.
DISCLAIMER: All information contained in this advertisement and all related materials are subject to the Terms and Conditions outlined in the Purchase Agreement. 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 Sellers or the Auction Company. Each potential bidder is responsible for conducting their own independent inspections, investigations, inquiries and due diligence concerning the property. The information contained in this advertisement 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. Conduct of the auction and increments of bidding are at the discretion of the auctioneers. All decisions of the auctioneers are final. Any announcements made the day of the sale take precedence over printed material or any other oral statements made. Please contact auctioneers for additional information on the farm.
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Klaassen Realty, Broker: Klaassen Realty is an agent for and is representing the Sellers for this auction.
Clark Ahders: 712-475-3993 & Kevin T. Klaassen: 712-754-3500 – Auctioneers
See full bill & pictures also at www.klaassenrealty.com
