land auction - McDonough Real Estate
Transcription
land auction - McDonough Real Estate
LAND AUCTION 288 Acres M/L Dubuque County, Iowa Combination Crop, Pasture & Recreational Land with Farmhouse & Buildings AUCTION DATE, TIME & PLACE Date: Thursday, June 23, 2016 Time: 7:00 p.m. Auction Site: Knights of Columbus Hall 1405 Columbus Ave. SE Cascade, Iowa 52033 AUCTION INFORMATION Method of Sale • Property will be offered in one parcel • Seller reserves the right to refuse any and all bids. Seller: Edith M. McLees Family Trust Agency McDonough Real Estate and their representatives are agents of the Seller. Terms of Possession 10% down payment required the day of sale. Successful bidders are purchasing with no financing contingencies and must be prepared for cash settlement of their purchase on or about August 1, 2016. Final settlement will require certified check or wire transfer. Possession of house and buildings will begin at closing. Possession of land and grain bin will be November 1, 2016. The land is rented for 2016, and the buyer will be credited the second half 2016 rental ($18,000) at closing. Taxes to be prorated to date of closing. Announcements Information provided herein was obtained from sources deemed reliable, but the Auctioneer makes no guarantees as to its accuracy. Prospective bidders are urged to fully inspect the property and to rely on their own conclusions. Announcements made the day of the auction will take precedence over previously printed material and/or oral statements. Bidding increments are at the discretion of the Auctioneer. Acreage figures are based on information currently available, but are not guaranteed. Open House & Land Viewing Date: Sunday, June 12, 2016 Time: 1 to 3 p.m. Farm Address: 3327 Fairway Road Cascade, Iowa 52033 The information gathered for this brochure is from sources deemed reliable, but cannot be guaranteed by McDonough Real Estate, or its staff. All acres are considered more or less, unless otherwise stated. Michael W. McDonough Iowa Licensed Real Estate Broker 202 West 1st Street, Suite 150 Monticello, Iowa 52310 319-465-4761 Office 319-480-0303 Cell Aerial Photo Michael W. McDonough Iowa Licensed Real Estate Broker 202 West 1st Street, Suite 150 Monticello, Iowa 52310 319-465-4761 Office 319-480-0303 Cell Information PROPERTY INFORMATION 288 Acres M/L 3327 Fairway Road Cascade, Iowa 52033 Location From Cascade, Iowa, go northeast on Highway 151 4.3 miles to Fairway Road. Turn left (north) and go 1.5 miles to property on left. Legal Description S39 AC SW NW – Sec 13 T87N R1W; NW SW – Sec 13 T87N R1W; SW SW – Sec 13 T87N R1W; NE SW – Sec 13 T87N R1W; Lot 2-2 SE SW – Sec 13 T87N R1W; Lot 1 SE SW – Sec 13 T87N R1W; E 1/2 SE NE – Sec 14 T87N R1W; NE SE – Sec 14 T87N R1W; SE SE –Sec 14 T87N R1W. (Exact legal description to be taken from abstract.) Real Estate Taxes Taxes Payable 2015-2016: $5,528 Soil Types/Productivity Primary soils – Fayette Silt Loam (See Soil Map for more details) • CSR2: 45 per Agri Data Inc. 2016 Based on FSA crop acres • CSR: 52 per Agri Data Inc. 2016 Based on FSA crop acres Land Description Gently rolling with a mixture of cropland with terraces and timber/pasture with three ponds. House/Buildings/Improvements 1,352-sq.-ft., 2-story home which has had several updates. 20’x 24’ detached garage; 40’x110’ machine shed; 24’x 60’ utility building; 32’x70’ flat barn and concrete yard; grain bin; plus other buildings. Well/Septic The property has a submersible well, and the sellers will be installing a new septic system to meet county codes. FSA Data Farm Number: 1600 Tract: 299 Crop Acres: 170.89 Corn Base: 59.47 acres Corn PLC Yield: 139 bu. Bean Base: 49.63 acres Bean PLC Yield: 53 bu. CRP Contracts Farm Number 1600, Tract 299 Contract Number 1637A Practice: CP22 Total Acres: 2.07 Rate: $165.80 AC Annual Payment: $348 Expires: 9/30/2025 Farm Number 1600, Tract 299 Contract Number 1647A Practice: CP8A Total Acres: .3 Rate: $148.40 AC Annual Payment: $45 Expires: 9/30/2020 Michael W. McDonough Iowa Licensed Real Estate Broker 202 West 1st Street, Suite 150 Monticello, Iowa 52310 319-465-4761 Office 319-480-0303 Cell Soils Map Michael W. McDonough Iowa Licensed Real Estate Broker 202 West 1st Street, Suite 150 Monticello, Iowa 52310 319-465-4761 Office 319-480-0303 Cell Whitewater Plat Map SUBJECT D61 Michael W. McDonough Iowa Licensed Real Estate Broker 202 West 1st Street, Suite 150 Monticello, Iowa 52310 319-465-4761 Office 319-480-0303 Cell Michael W. McDonough Iowa Licensed Real Estate Broker 202 West 1st Street, Suite 150 Monticello, Iowa 52310 319-465-4761 Office 319-480-0303 Cell