Poweshiek and Mahaska County Land Auction

Poweshiek and Mahaska County Land Auction
391 Acres – Barnes City, Iowa – American Legion Hall – 10 a.m. – Sept 20, 2012
Description: 391 acres of farm ground to be sold in three different tracts. Tract
#1 is 160 acres m/l located in Poweshiek County, Jackson Township, Section 35,
with 114 tillable acres with a CSR of 61. Remaining acres are in pasture and a
building site. Tract #2 is 156 acres m/l located in Mahaska County, Pleasant
Grove Township with 90 tillable acres with a CSR of 61. Remaining acres are in
pasture. Tract #3 is 75 acres m/l located in Mahaska County, Pleasant Grove
Township, Section 5. This tract consists of timbered pasture. All three tracts offer
diverse farming opportunities to the right buyer.
Auction Details:
Gerald Landstrum Estate
10 a.m. Thurs, Sept 20, 2012
American Legion Hall
P.O. Box 162
Barnes City, Iowa 50027 Agents
Vince Johnson
641-891-5326
vince@iowalandsales.com
Matt Mann
641-990-4016
matt@iowalandsales.com
Auctioneer: Stan Mcllrath
Tract 1 Information
Legal Description
Poweshiek County - The Northeast Quarter of Section Thirty-five, Township
Seventy-eight North. Range Fourteen West of the 5th P.M.
Directions from Montezuma:
Traveling south on Hwy 63, turn left onto Barnes City Rd/CR-V13/495th Ave.
Continue to follow Barnes City Road/CR-V13 for 6.3 miles. Turn left onto 530tth
Ave and continue for approximately 2.5 miles. Subject property is at the
intersection of 530th Ave and 180th St.
Estimated Net Taxes
$2,278
FSA Data:
Total cropland: 141 acres
Corn base acres: 64.1
Bean base acres: 49.1
Corn direct and CC yield: 96 bushels
Bean direct and CC yield: 34 bushels
(Images on the following pages)
Tract 1: FSA Data
Aerial Map
map center: 41° 31' 0.47, 92° 26' 27.33
scale: 8620
Maps provided by:
35-78N-14W
Poweshiek County
Iowa
©AgriData, Inc. 2012
www.AgriDataInc.com
Field borders provided by Farm Service Agency as of 5/21/2008. Aerial photography provided by Aerial Photograpy Field Office.
6/19/2012
Tract 1: CSR Data (Page 1 of 2)
Soils Map
State:
County:
Location:
Township:
Acres:
Date:
Iowa
Poweshiek
35-78N-14W
Jackson
153.6
6/19/2012
Maps provided by:
©AgriData, Inc 2012
www.AgriDataInc.com
Tract 1: CSR Data (Page 2 of 2)
Soils Map
State:
County:
Location:
Township:
Acres:
Date:
Iowa
Poweshiek
35-78N-14W
Jackson
114.2
6/19/2012
Maps provided by:
©AgriData, Inc 2012
www.AgriDataInc.com
Tract 2 Information
Legal Description:
Mahaska County - The East Half of the Northwest Quarter and the West Half of
the Northeast Quarter, all in Section Eleven, Township Seventy-seven North,
Range Fourteen West of the 5th P.M.
Directions from Barnes City:
Travel south out of Barnes City on 107th St. Head south and east until the
intersection of 110th St. Turn left on 110th Street and arrive at the subject
property.
Estimated Net Taxes
$960
FSA Data:
Total cropland: 90 acres
Corn base acres: 50.9
Bean base acres: 34.1
Corn direct and CC yield: 96 bushels
Bean direct and CC yield: 34 bushels
(Images on the following pages)
Tract 2: FSA Data
Aerial Map
map center: 41° 29' 17.86, 92° 26' 27.17
scale: 8626
Maps provided by:
11-77N-14W
Mahaska County
Iowa
©AgriData, Inc. 2012
www.AgriDataInc.com
Field borders provided by Farm Service Agency as of 5/21/2008. Aerial photography provided by Aerial Photograpy Field Office.
6/19/2012
Tract 2: CSR Data (Page 1 of 2)
Soils Map
State:
County:
Location:
Township:
Acres:
Date:
Iowa
Mahaska
11-77N-14W
Pleasant Grove
155.7
6/19/2012
Maps provided by:
©AgriData, Inc 2012
www.AgriDataInc.com
Tract 2: CSR Data (Page 2 of 2)
Soils Map
State:
County:
Location:
Township:
Acres:
Date:
Iowa
Mahaska
11-77N-14W
Pleasant Grove
89.9
6/19/2012
Maps provided by:
©AgriData, Inc 2012
www.AgriDataInc.com
Tract 3 Information
Legal Description
Mahaska County
The East Half of the Northwest Quarter of Section Five, Township Seventy-seven
North, Range Fourteen West of the 5th P.M.
Directions from Barnes City:
Travel south out of Barnes City on V13. Take the 2nd right onto 105th Street.
Travel approximately 1.5 miles. Property is on the right.
Estimated Net Taxes
$2,342
Tract 3: FSA Data
Aerial Map
map center: 41° 30' 8.23, 92° 29' 55.2
scale: 8617
Maps provided by:
5-77N-14W
Mahaska County
Iowa
©AgriData, Inc. 2012
www.AgriDataInc.com
Field borders provided by Farm Service Agency as of 5/21/2008. Aerial photography provided by Aerial Photograpy Field Office.
6/19/2012
Tract 3: CSR Data
Soils Map
State:
County:
Location:
Township:
Acres:
Date:
Iowa
Mahaska
5-77N-14W
Pleasant Grove
71.8
6/19/2012
Maps provided by:
©AgriData, Inc 2012
www.AgriDataInc.com
Auction Terms & Announcements
Method: Property will be offered for sale in three individual tracts.
Iowa Land Sales and its representatives are acting as agents of the seller.
Bidding increments solely at discretion of the auctioneer. Final sale is subject to
approval or rejection by seller(s). Seller(s) reserves right to refuse any and all
bids.
Contract & Earnest Payment: A 10% earnest money payment is required on the
day of the auction. Earnest payment may be paid in the form of cash or check.
High bidder will enter into a real estate contract immediately upon the
conclusion of the auction and deposit with Iowa Land Sales the required earnest
payment. All funds will be deposited and held in the Iowa Land Sales trust
account. Bidding not contingent on buyer financing.
Closing & Possession: Closing will occur on or before October 19, 2012. Balance
of purchase price payable in cash or guaranteed check at closing. Possession
will be granted to the buyer on a to-be-determined date subject to possessory
rights of tenant. Notice to Tenant has been served.
Announcements: All property is sold on an “As is, Where is” basis. No warranty or
guaranty, either expressed or implied, is made by the auctioneer or seller. Sale is
subject to all covenants, leases and easements of record. Conducting
inspections and due diligence is the responsibility of each bidder and at their
own risk. Announcements made on the day of the sale take precedence over
previously printed information or oral statements.
Disclaimer: Iowa Land Sales obtained the information above from sources we believe to be reliable.
However, we have not verified its accuracy and make no guarantee, warranty or representation about
it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other
conditions, prior sale, lease or financing, or withdrawal without notice. We include projections,
opinions, assumptions or estimates for example only and they may not represent current or future
performance of the property. You and your tax and legal advisors should conduct your own
investigation of the property and transaction.