| 242 ACRES, M/L SELLING IN FIVE
SEPARATE TRACTS |
| Please Note: Tracts #1, #2 and #3 are selling
"choice with the privilege" whereas the high bidder may take Tract
#1, #2, #3 or all three tracts.
Auction will be held at Tract #4. |
| TRACT #1- 40.40 ACRES, M/L PRIME
CORN & SOYBEAN LAND |
* FSA indicates 39.05
acres tillable. *
* Corn suitability rating 89 *
* Majority soil types are Taintor and Mahaska. *
* Section 27, Canaan Township, Henry County, Iowa.
*
Gross Taxes: $1234.41 Ag Credit: $67.19 Family Farm: $56.65 Net
Taxes: $1110.00 |
| TRACT #2 - 80.98 ACRES, M/L
PRIME CORN & SOYBEAN LAND |
* FSA indicates
approximately 80.03 acres tillable. *
* Corn suitability rating 85.5 *
* Majority soil types are Kalona, Taintor, Mahaska
and Otley. *
* Section 26, Canaan Township, Henry County, Iowa.
*
Gross Taxes: $2468.03 Ag Credit: $134.34 Family Farm: $113.26
Net Taxes: $2222.00 |
| TRACT #3 - 76.37 ACRES,
M/L PRIME CORN & SOYBEAN LAND |
* FSA indicates approximately
74.30 acres tillable. *
* Corn suitability rating 84.9 *
* Majority soil types are Taintor, Mahaska and Otley.
*
* Section 26, Canaan Township, Henry County, Iowa.
*
* Two bins. *
Gross Taxes: $2368.22 Ag Credit: $139.44 Family Farm: $117.56
Net Taxes: $2112.00 (rounded) |
| TRACT #4 - TWO STORY HOME
& OUTBUILDINGS SITUATED ON 4.4 ACRES M/L (2038 Quaker Avenue, Mt. Union, Iowa) |
* Kitchen open to family room, living room, main floor
master bedroom, full bathroom, laundry and enclosed porch. *
* Second level has two bedrooms and office. *
* Basement has Lennox Energy Guide LP gas furnace and
gas water heater.*
* Nice patio and attached two car finished garage with
hanging heater.*
* Outbuildings: 3 bay heated metal shop, barn/machine
shed, 6 bins.*
* Rathbun rural water. Septic Tank. New London Electric.
New London School District.*
Gross Taxes: $1467.87 Military Credit: $56.75 Family Farm: $106.99
Net Taxes: $1305.00 (rounded) |
| TRACT #5 - 40 ACRES, M/L
CORN AND SOYBEAN LAND |
* FSA indicates 32.42
acres tillable of which 6.6 acres is in the
CRP program at $143.00 per acre and expires in 2009. *
* Corn suitability rating 74.9. *
* Majority soil type is Otley. *
* Section 29, Canaan Township, Henry County, Iowa.
Gross Taxes: $1026.07 Ag Credit: $38.33 Family Farm: $32.32 Net
Taxes: $ 956.00 |
General information on Entire Farm on all Tracts: 137 bushel
corn yield with a 141.3 acre corn base.
35 bushel bean yield with a 81.7 acre bean base. |
TERMS ON ALL TRACTS:
20% down payment on November 15, 2008. Balance to be paid on or before December
15, 2008 upon delivery of merchantable abstract and deed. (Tract #1: 20'x80'
strip by quit claim deed)
POSSESSION: December 15, 2008.
REAL ESTATE TAXES: To be prorated to date of possession on the basis
of the last available tax statement. Sellers shall also pay any unpaid real
estate taxes payable in prior years. All real estate taxes are approximate
and will be used to prorate at closing.
Inclusions on Tract #4: Range,
dishwasher, microwave, hanging heater and (2) 1000 gallon LP gas tanks.
Reservations on Tract #4: All furniture, personal property and all
growing crops.
Special provisions:
* This real estate is selling subject
to public road easements and all other easements of record.
* If one buyer purchases more than one tract the seller shall only be obligated
to furnish one abstract and deed. Husband and wife constitute one buyer.
* The buyers of Tracts #1, #2, #3 and #5 shall be responsible for any desired
fencing in accordance with Iowa state law.
* The buyers of Tract #4 (acreage) shall be responsible for all perimeter
fencing.
* On the day of closing the buyers of Tract #4 shall reimburse the seller
for the remaining gas in the LP gas tank at the current rate.
* The buyers of Tract #3 shall grant a perpetual easement to the buyers
of Tract #4 for the purpose of ingress & egress to repair and maintain
the septic tile. Buyers of Tract #4 shall reimburse the buyers of Tract
#3 for any crop damage incurred.
* The seller shall not be obligated to furnish a survey of Tract #5.
* It shall be the obligation of the buyers to report to the Henry County
FSA Office and show filed deeds in order to participate/receive any of the
following: A. Any or all future government programs. B. Allotted share of
bases. C. CRP prorating.
* If in the future a site clean up is required it shall be at the expense
of the buyers.
* The buyers acknowledge that they have carefully and thoroughly inspected
the real estate and are familiar with the premises. The buyers are buying
this real estate in its "as is" condition and there are no expressed
or implied warranties pertaining to the same |
| TRUCK- TRACTORS- BACKHOE - MOWERS |
|
2002 Ford F250 truck w/extended cab, Triton V10, 2 wheel drive,
auto, PW/PL, 50,500 miles, one owner.
1988 Caterpillar Challenger 65, 4 CVs, PTO, radar, 5900 hrs., SN
7YC00570
1986 Caterpillar 416 loader backhoe w/24" bucket, cab, air,
4680 hrs., SN 5PC02115
Caterpillar 48" backhoe bucket sells separate.
1975 Case 1370 tractor w/cab, air, P.S., dual hyd, 18.4X38"
axle mt. duals, 5925 hrs., SN 8776961
1975 Case 1070 tractor w/cab, P.S., dual hyd., 18.4X34" frt.
mt. duals, wts.,SN 8772048
1979 John Deere 2240 D, dual hyd., 14.9X28" duals w/JD 145 hyd.
loader, SN 322766
Loader pallet forks selling separate.
(2) Jeffers J300 quick hitches.
Dixon XTR 12 H 36" riding mower.
Dixon ZTR 12 1/2 H. 36" riding mower.
Cub Cadet 1420 hydro 14 HP 38" riding mower. |
| MACHINERY & EQUIPMENT |
'06 Delta 12' tandem axle hyd. dump trailer; John Deere 7000
12-30" front fold planter w/double disc openers & insecticide;
John Deere 7000 8-30" planter for parts; Glencoe 20' Terra-tamer
soil finisher w/3 bar leveler; Sunflower 10 shank disc chisel; Farm
Drainage Plows Inc. hyd. tile pull type tile plow; Agri-Drain Maxi
stringer tile trailer; Wood barge box with John Deere #953 gear;
(2) 150 bu. gravity boxes (1 w/JD gear & power flite auger);
Westfield 8"x71' PTO auger; Woods 4x2 6' box scraper
w/spikes; Pull type leveler; Woods 6' 3 pt. cutter; 300 gal. 3 pt.
sprayer; 25 gal. 3 pt. sprayer; Fimco 25 gal. lawn sprayer (new);
Fimco 15 gal. ATV sprayer; Big Ox 8' 3 pt. blade; 4 cyl. 10
KW gas generator; Electric grain cleaner. |
| TOOLS & MISC. ITEMS |
DeWalt radial arm saw; DeWalt 18V sawzall; Power Craft
planer; Trimble CR600 receiver, Laser Systems 900 RL15
& Control Instruments VT1465B laser level and transit; Tile transit
level; Carolina 20 ton shop press; Craftsman table saw; Logan
820 metal lathe, 32" bed; Miller AC arc welder; Lincoln
arc welder; Airco 130 amp. gas portable welder; Lincoln cordless
greaser; Welding tables; Walker Turner drill press w/stand; B&D
pro chop saw; B&D pro 10" miter saw; Power hack saw; Clarke
portable air compressor; 40 gal. air compressor w/2 HP 1 ph. Motor; Walker
transmission jack; Large anvil; Hitachi power miter saw; Pipe bender;
Power Craft planer; 36" metal brake; Cutting torch set w/cart;
5 H. gas power washer; (2) 110 gal. pickup fuel tanks w/12 V pump; 200 &
300 gal. fuel barrels w/stands; 8 sections of scaffolding; Aluminum scaffolding
work platforms; Cement mixer; 6'&14' step ladders; 20' extension ladder;
10' hardware wood storage bin; Hyd. Cylinders; Vise grip clamps & C
clamps; Many hand & power tools; 3 - 3250' rolls 4" perforated
tile; Partial rolls of 6" & 8" plastic tiles; Barrel oil dispensing
stand; Wards roto tiller; Handy Man jack; Gas weed eaters; Log chains
& binders; Bolt bins; Double stone grinders; Air tools; Hyd. cylinders. |
| FURNITURE & MISC.
|
Round gate leg table w/4 chairs; 4 leather swivel chairs; Child's oak desk;
Oak accent tables; Blonde chest, night stand & end table; King size
bed & frame; Roll top desk; Magnavox CD player; Computer desk; Hewlett-Packard
7470 computer; Sharp VCR; JVC 32" TV & stand; Salt &
Pepper collection; Vinegar cruets; Copper boilers & iron kettles. Many
misc.household items. |
JAMES L. COLLINS ESTATE
Beverly J. Collins - Executor
Seleta A. Bainter of Bainter & Thomas Law Office - Attorney for Estate |
Richard Realty & Auction, Inc.
605 East Winfield Avenue, Mt. Pleasant, Iowa
319-385-2000
Lynn Richard ~ Chris Richard ~ Jim Huff ~ Jason Denning ~ Lee Pennebaker
CLICK HERE FOR MORE AUCTIONS
BY RICHARD REALTY & AUCTION |
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