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FARM LAND AUCTION
Tuesday, October 7, 2008
Starting at 9:30 A.M. at The Court in Sibley, Iowa
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SOLD!! $5900/ACRE
33.829 ACRES (more or less) OSCEOLA COUNTY, IOWA LAND The farm is located ¼ mile west of the intersection of Red Wing Avenue and 220th Street (County A34); 5 miles northeast of Ashton, Iowa or 6 miles southeast of Sibley, Iowa. Auction sign is posted at the farm. Sale will take place at The Court in Sibley, Iowa.
FARM INFORMATION: Selling will be 33.829 acres, (more or less). FSA shows current tillable at 32 acres. Corn base is 16 acres with a 114 bushel direct yield and 139 bushel CC yield. Soybean base is 15.9 acres with a 37 bushel direct yield and 44 bushel CC yield. CSR rating for entire farm is 74.41 according to Osceola Assessor. Current taxes for the farm are $476 per year. ABBREVIATED LEGAL: “Parcel A in the SE ¼ of Section 4, Goewey Township, Osceola County, Iowa.”
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Starting at 1:30 P.M. at the Town & Country Building in Little Rock, Iowa
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SOLD!! $7250/ACRE
76.97 ACRES (more or less) LYON COUNTY, IOWA LAND
The farm is located ¼ mile south of the intersection of 170th Street (County A22) and Marsh Avenue (County L26); 2 miles south of Little Rock, Iowa or 7 miles west of Sibley, Iowa. Auction sign is posted at the farm. Sale will take place at the Town and Country Building in Little Rock, Iowa.
FARM INFORMATION: Selling will be 76.97 acres, (more or less). FSA shows current tillable at 72.7 acres. Corn base is 36.8 acres with a 104 bushel direct yield and 137 bushel CC yield. Soybean base is 35.9 acres with a 38 bushel direct yield and 46 bushel CC yield. CSR rating for entire farm is 63.26 according to Lyon Assessor. Current taxes for the farm are $1,368 per year. ABBREVIATED LEGAL: “South ½ of Northeast ¼, EXCEPT a tract, Section 14, Grant Township, Lyon County, Iowa.”
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TERMS FOR BOTH FARMS: 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 approval of seller. Balance due on both parcels on or before November 24, 2008, when deeds and abstracts showing merchantable titles will be delivered. Sellers will pay the installment of real estate taxes which would become delinquent if not paid by October 1, 2009 and all prior taxes.
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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 farms. Leemkuil Family
Michael Austin – Austin, Haberkorn & Kippley, Attorney for Sellers Klaassen Realty, Broker Klaassen Realty is an agent for and is representing the Sellers for this auction. Kevin T. Klaassen Auctioneers Norman Klaassen 712-754-3500 or 800-672-3500 712-754-2005
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