~ 452 Acres M/L Corn &
Soybean Land ~
~ 3 Auctions ~ 3 Locations ~ Each Farm Sold On Site
Complete Auction Brochure Coming Soon! |
FAIRFIELD, IOWA
JEFFERSON COUNTY FARM #1- 200 ACRES
M/L
3 SEPARATE TRACTS SELLS AT 10:02 A.M.
Directions: 5 ½ miles southeast of FAIRFIELD, IOWA on
Glasgow Road.
Click Here
For Map Location of Jefferson County Farms from Mapquest |
| TRACT #1- 40 ACRES, M/L CORN
AND SOYBEAN LAND |
~ Approximately 38 acres tillable. ~
~ Corn suitability rating 70.3 ~
~ Majority soil types are Haig and Grundy. ~
~ Section 14, Cedar Township, Jefferson County, Iowa. ~
~ Taxes- Gross: $771.00 Ag Cr.:$29.66 Net: $742.00 ~
NOTE: Tracts 1
& 2 are selling "choice with the privilege" whereas the high
bidder may take one or both tracts. |
| TRACT #2 - 80 ACRES, M/L CORN
AND SOYBEAN LAND |
~ Approximately 77 acres tillable. ~
~ Corn suitability rating 68.3 ~
~ Majority soil types are Haig and Grundy. ~
~ Section 14, Cedar Township, Jefferson County, Iowa. ~
~ Taxes- Gross: $1564.04 Ag Cr: $60.22 Net: $1504.00 ~
NOTE: Tracts 1
& 2 are selling "choice with the privilege" whereas the high
bidder may take one or both tracts. |
| TRACT #3 - 80 ACRES, M/L CORN AND SOYBEAN LAND |
~ FSA indicates 66.34 acres tillable. ~
~ Corn suitability rating 55.3 ~
~ Majority soil types are Grundy, Arispe and Rinda. ~
~ Section 13, Cedar Township, Jefferson County, Iowa. ~
~ Taxes- Gross: $1500.42 Ag Cr: $46.81 Net: $1452.00 ~ |
General information on Entire Jefferson County Farm:
123 bushel corn yield with a 96.3 acre corn base.
29 bushel bean yield with a 85.3 acre bean base. |
| |
MT. PLEASANT, IOWA
HENRY COUNTY FARM #1 - 62.349 ACRES,
M/L
1 TRACT SELLS AT 2:02
P.M.
Directions: Turn south on South Iris Street (East edge of Hwy.
34) & proceed south 1 1/2 miles on Lexington Ave.
Click Here
For Map Location of Henry County Farm #1 from Mapquest |
| 62.349 ACRES, M/L CORN &
SOYBEAN LAND |
~ FSA indicates 58.32 acres tillable. ~
~ 125 bushel corn yield with a 46.2 acre corn base. ~
~ 29 bushel bean yield with a 3.4 acre bean base. ~
~ 41 bushel wheat yield with a 4.6 acre wheat base. ~
~ Corn suitability rating 39.2. ~
~ Majority soil types are Pershing and Lindley-Keswick. ~
~ Section 23, Center Township, Henry County, Iowa ~
~ Taxes- Gross: $531.51 Ag Cr: $17.51 Net: $514.00 ~ |
| |
MT. PLEASANT, IOWA
HENRY COUNTY FARM #2 - 190 ACRES, M/L
3 SEPARATE TRACTS SELLS AT 4:02 P.M.
Directions: 2 1/2 miles east of MT. PLEASANT, IOWA on Winfield
Avenue.
Click
Here For Map Location of Henry County Farm #2 from Mapquest |
| TRACT #1 - 82.573 ACRES, M/L
CORN AND SOYBEAN LAND |
~ Approx. 78 acres tillable of which 9.4 acres is in the CRP program at
$165.16/acre expires in 2013.
~ Corn suitability rating is 72.6
~ Majority soil types are Colo, Ladoga, Otley & Rinda.
~ 20'x40' utility building with 20'x30' addition. Well not being used.
~ Sections 5 and 6, New London Township, Henry County, Iowa.
~ Taxes- Gross: $1639.02 Ag Cr: $55.02 Net: $1584.00 |
| TRACT #2 - 105.597 ACRES, M/L CORN AND SOYBEAN LAND |
~ Approx. 97.7 acres tillable of which 6.2 acres is in
the CRP program at $165.16/acre expires in 2013. 0.4 of an acre in the CRP
program at $167.00/acre expires in 2010.
~ Corn suitability rating 72.5
~ Majority soil types are Otley, Colo, Ladoga & Mahaska.
~ A perpetual easement is being established for the purpose of ingress and
egress on the west side of the farm for the land lying south.
~ Section 6, New London Township, Henry County, Iowa.
~ Taxes- Gross: $2104.44 Ag Cr: $78.44 Net: $2026.00 |
General Information on Entire Farm #2:
>125 bushel corn yield with a 103.4 acre corn base.
>33 bushel bean yield with a 50 acre bean base.
>41 bushel wheat yield with a 4.5 acre wheat base. |
TRACT #3 - BRICK HOME & OUTBUILDINGS
ON 1.83 ACRES, M/L (2290 220th Street) |

~ Kitchen/dining area, laundry room, living room w/fireplace,
two bedrooms & bathroom.
~ Full basement w/family room w/fireplace, bathroom, unfinished room used
as kitchen & storage room.
~ Attached two car garage. ~ New roof in 2007.
~ All electric one story brick home built in 1967 has 1269 sq. ft. of living
space.
~ Rathbun rural water. Septic tank. New London Electric. Mt. Pleasant School
District.
~ Outbuildings: 50'x64' machine shed, 30'x48' metal storage building, detached
2 car garage & approx. 15,244 bushel bin storage.
Inclusions: Washer, dryer and dishwasher selling "as is".
Taxes- Gross & Net: $1612.00
Reservations: All growing crops. Ja-Ru yard sign on Tract #3. |
TERMS: 20% down payment on October 8, 2008. Balance to be paid
on or before November 6, 2008.
Balance to be paid on Henry County Farm #2-Tract #1 and Tract #2 on or before
January 6, 2009 upon delivery of merchantable abstracts and deeds.
POSSESSION:
>All Jefferson County Farms: November 6, 2008 subject to the lease
with the tenant.
>Henry County Farm #1: November 6, 2008 subject to the lease with the
tenant.
>Henry County Farm #2: Tract #1 & Tract #2 January 6, 2009.
>Tract #3 (acreage) November 6, 2008.
REAL ESTATE TAXES: To be prorated to date of possession on the
basis of the last available tax statement. Sellers shall pay any unpaid
real estate taxes payable in prior years. *All real estate taxes are approximate
and will be used to prorate at closing.
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 sellers shall only be obligated
to furnish one abstract and deed. Husband and wife constitute one buyer.
- The buyers of all tracts shall be responsible for any desired fencing
in accordance with Iowa state law.
- The buyers of Henry County farm Tract #3 shall be responsible for all
desired perimeter fencing.
- The sellers shall not be obligated to furnish any surveys.
- It shall be the obligation of the buyers to report to the Jefferson and
Henry County FSA offices 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. |
OWNER: RUTH E. DUNN & JA-RU
FARM, INC.
W. Kent Thomson of Thomson Law Office
- Attorney for Seller |

Richard Realty & Auction, Inc.
605 East Winfield Avenue, Mt. Pleasant, Iowa
319-385-2000
Lynn Richard ~ Chris Richard ~ Jim Huff ~ Jason Denning ~ Lee Pennebaker
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REALTY & AUCTION |