| 266.64 ACRES, M/L SELLING IN
FOUR SEPARATE TRACTS |
| Awesome hunting land with high wildlife
value due to the great cover and tremendous amount of mast producing trees!! |
|
|
| TRACT #1: 85.24 ACRES, M/L CORN
AND SOYBEAN LAND |
* Approximately 73.61 acres tillable with
balance being timber. *
* Estimated value of standing timber is approximately $2,000.00 *
Gross: $989.23
Ag Credit: $43.36
Net Taxes: $946.00 |
| TRACT #2: 68 ACRES, M/L TILLABLE
AND TIMBER |
* Approximately 22 acres tillable with balance
being timber. *
* Estimated value of standing timber is
approximately $6,000.00 *
Gross: $604.74
Ag Credit: $22.45
Net Taxes: $582.00 |
TRACT #3: HOME AND 5.4 ACRES,
M/L
(1357 287th Street, Mt. Pleasant) |
* Two story home built in 1900 has 1380
sq. ft. *
* Kitchen, living room, two bedrooms, bathroom, main floor laundry
and three upstairs bedrooms. *
* Basement has forced air furnace and central air conditioning.
*
* Rural water. Detached garage. Two barns. Pond. *
Gross: $676.00
Homestead: $100.36
Net Taxes: $576.00 |
| TRACT #4: 108 ACRES, M/L
TILLABLE AND TIMBER LAND |
* Approximately 39.95 acres tillable with
balance being timber. *
* Estimated value of standing timber is approximately $8,000-$10,000.00.
*
Gross: $557.37
Ag Credit: $20.68
Net Taxes: $536.00 |
General information on entire farm:
125 bushel corn yield with a 50.5 acre corn base.
28 bushel bean yield with a 51.6 acre bean base.
Tracts #1, #2, #3 are located in Section 3 and Tract #4 is located in Section
4, Salem Twp., Henry County, IA.
NOTE: Tract #1 & Tract #3 acres are subject to final survey. |
TERMS: 20%
down payment on December 18, 2008. Balance to be paid on or before January
19, 2009 upon delivery of merchantable abstract and deed.
POSSESSION: January 19, 2009.
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. All real estate taxes are approximate and
are to be used only as a guideline.
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 and #4 shall be responsible for all desired
fencing in accordance with Iowa state law.
* It shall be the obligation of the buyers of Tract #1 to install their
own culvert for the purpose of ingress and egress.
* It is the buyer's responsibility on Tract #2 to make own access to east
tillable field.
* The sellers shall not be obligated to furnish a survey of Tracts #2 or
#4.
* On the day of closing the buyer of Tract #1 shall pay for the surveyed/deeded
acres x the price per acre established on the day of auction.
* The buyers of Tract #3 shall be responsible for all perimeter fencing.
* It shall be the obligation of the buyers of the land 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 base acres.
* 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. |
Owners: SAVAGE/BARBER FARM
(FARMED BY LEWIS D. SAVAGE)
Steven R. Hahn of Schulte, Hahn, Swanson, Engler
& Gordon Law Firm - 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
CLICK HERE FOR MORE AUCTIONS BY RICHARD
REALTY & AUCTION |
