IOWA FARMLAND & RECREATIONAL LAND AUCTION

MEDIAPOLIS, IOWA
Located 4 miles east of MEDIAPOLIS, IOWA on Highway H38 then
1/2 mile north on 73rd Avenue then east 1/2 mile on 235th Street.
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FRIDAY, NOVEMBER 7, 2008 AT 1:02 P.M.

THIS REAL ESTATE POSITIVELY SELLS TO THE HIGHEST BIDDER!

 

 

This Auction Features The Virtual Tour
 

Public Showing On Thursday, October 23rd from 4:00 P.M. to 5:00 P.M.

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65 ACRES, M/L TILLABLE AND TIMBER LAND


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Auction Brochure

 This land would make a great recreational getaway!
Includes a pond, springfed creek, picnic area & timber for hunting & trails. Potential building site as well!

FSA information:
22.4 acres tillable.
123 bushel corn yield with a 17.2 acre corn base.
26 bushel bean yield with a 5.2 acre bean base.
Corn suitability rating on total farm is 47.8
Majority soil types are Lindley & Clinton.
Section 23, Huron Township, Des Moines County, Iowa.

TERMS: 20% down payment on November 7, 2008. Balance to be paid on or before December 8, 2008 upon delivery of merchantable abstract and deed.
POSSESSION:
December 8, 2008 subject to the lease with the tenant.
REAL ESTATE TAXES:
To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.

Following real estate taxes will be used to prorate at closing.

Real estate taxes:

Gross taxes: $375.98
Ag. credit: $ 15.56
Net taxes: $360.00

SPECIAL PROVISIONS:
*
This real estate is selling subject to public road easements and all other easements of record.

*The buyers shall be responsible for any desired fencing in accordance with Iowa state law.

*The sellers shall not be obligated to furnish a survey.

*The buyers shall be responsible to report to the Des Moines County FSA office and show filed deed in order to participate in any future government programs.

*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: SHIRLEY A. (LUCKENBILL) RABE
Steven P. Swanson of Schulte, Hahn, Swanson, Engler & Gordon Law Firm-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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Richard Realty & Auction, Inc.

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