ELGIN TOWNSHIP,
LYON COUNTY, IOWA
FARM LAND AUCTION

160 ACRES, (more or less)

Tuesday, September 1, 2009
 

SALE STARTS AT 10:00 A.M.

AUCTION HELD AT THE TOWN
& COUNTRY BUILDING IN
LITTLE ROCK, IOWA

LOCATION: The farm is located at the intersection of 110th Street and Larch Avenue; 6 miles northwest of Little Rock, Iowa; or 5 miles southeast of Ellsworth, Minnesota. Auction signs will be posted at the farm.
 

LEGAL DESCRIPTION: “Northeast Quarter of Section 17, Elgin Township, Lyon County, Iowa.”

FARM INFORMATION: Selling will be 160 acres (more or less). FSA records show 126 tillable acres with balance in building site, pasture and road easement. FSA corn base is 64.9 acres with a 93 DY and CC yield. FSA soybean base is 20.8 acres with 30 DY and CC yield. Lyon County Assessor shows CSR rating at 58.89 for entire farm. Current taxes for the farm are $2,780 per year.

BUILDINGS: A well protected building site with well in use. Buildings include a double garage, barn, corn crib, hog houses and several other buildings. The buildings are in use at the present time for livestock so inspection of the building site is by appointment only. Remember, the auction will be held at The Town and Country Building on Main Street of Little Rock, Iowa.

TERMS: Ten percent earnest money on day of auction. Buyers will enter written agreement for purchase immediately following the close of bidding. All final bids are subject to final acceptance or rejection by Executors and owners. Sale is subject to district court approval for the Agnes Hinrichs Estate. Balance will be due on or before November 23, 2009, when deeds and abstract showing merchantable title will be delivered and possession will be given subject to remaining rights of current tenants. Sellers will pay the installment of real estate taxes that would become delinquent if not paid by October 1, 2010 and all prior real estate taxes. Contact auctioneers for inspection of building site by appointment only.

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 subject to owners approval. 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.
 

Agnes Hinrichs Estate & Heirs

DeKoter, Thole & Dawson - Mr. Harold D. Dawson, Attorney for Estate

Auctioneers: Kevin T. Klaassen; 712-754-3500 or 800-672-3500 & Norman Klaassen; 712-754-2005
Klaassen Realty is an agent for and is representing the Sellers for this auction. Klaassen Realty - Broker
See full bill also at www.klaassenrealty.com