REAL ESTATE AUCTION

OLDS, IOWA
1 1/2 miles south of Olds, IA on Highway 218 then west 1 1/2 miles on 140th Street OR 8 miles north of Mt. Pleasant, IA on Highway 218 then west 1 1/2 miles on 140th Street.
Click Here For Map Location from Mapquest

WEDNESDAY, JUNE 11, 2008 at 5:02 P.M.

THIS REAL ESTATE POSITIVELY SELLS TO THE HIGHEST BIDDER!

 

This Auction Features The Virtual Tour
 

Click Here For Day of Auction Contract for Tract #1 - Farmland
Click Here For Day of Auction Contract for
Tract #2 - House
(Pages 1-4 of Contracts of Both Tracts Are Now Posted, Pages 5,6,7 are Seller's signature pages are NOT Posted)

109.5 ACRES M/L SELLING IN TWO SEPARATE TRACTS

TRACT #1 - 106.4 ACRES, M/L PRIME CORN & SOYBEAN LAND


Click Here For Brochure
-
Updated on 6/9/08

 
Click Here For Aerial


Click Here For Soil Map

~ FSA indicates: 103.8 acres tillable. ~
~ 137 bushel corn yield with a 70 acre corn base. ~
~ 34 bushel bean yield with a 33.8 acre bean base. ~
~ Corn suitability rating is 83.3. ~
~ Majority soil types are Taintor, Otley and Mahaska. ~

 TRACT #2 - HOME & OUTBUILDINGS ON 3.46 ACRES, M/L
>Two story home built in 1911 has 2147 sq. ft.
>Main level has kitchen, pantry w/sink, dining room, living room, parlor, bedroom w/closet commode, enclosed side porch and small wash room.
>Full basement with gas forced air furnace.
>Open stairway to four bedrooms and bathroom.
>Drilled well w/submersible pump.
>Outbuildings include detached garage, two barns, older set of outbuildings.
>Waco school district.
*The farm is located in Section 29, Wayne Township, Henry County, Iowa.
TERMS: 20% down payment on June 11, 2008. Balance to be paid on or before July 10, 2008 upon delivery of merchantable abstract and deed.
POSSESSION: Tract #1:
July 10, 2008 (subject to the lease with the tenant). Tract #2: July 10, 2008
REAL ESTATE TAXES: Tract #1:
The sellers shall pay the real estate taxes due in the fall of 2008 and all prior taxes.
Tract #2: 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.

Owners: SHIRLEY J. COBERLEY, YVONNE D. JOHNSON & REBECCA N. HENNEBERGER (Former Opal Hult farm)

Philip D. McCormick of Whitfield & Eddy P.L.C. - Attorney for Sellers

 
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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"Let's Talk Auction!"
Richard Realty & Auction, Inc.

605 East Winfield Ave., Mt. Pleasant, IA
319-385-2000
www.richardrealtyauction.com