300 ACRES, M/L CORN & SOYBEAN
LAND
SELLING IN THREE TRACTS |
Click Here For Aerial of Entire Farm |
| All tracts of land
are being sold "choice with the privilege" whereas the high bidder
may take Tract #1, Tract #2, Tract #3 or all three tracts. |
| TRACT #1 - 146.38 ACRES, M/L
CORN AND SOYBEAN LAND |
| On Tract #1 - Along the river and in the draw trees are
mostly Silver Maple with a few Walnut. West of the drive includes Silver
Maple and more better quality Walnut. Estimated value of standing timber
is approximately $8,000. |
* FSA indicates 132.07 acres tillable.
* Corn suitability rating 60.
*Majority soils are Ainsworth, Okaw, Nodaway & Lamont.
* Section 20, Baltimore Twp., Henry County,
Ia.
* Taxes: Gross: $1364.52 Ag. Cr: $50.04 Net:
$1314.48 |
| TRACT #2 - 85.12 ACRES, M/L
CORN AND SOYBEAN LAND |
| On Tract # 2 - Wide strip of trees along the river and in
draw are mostly Silver Maple, Hackberry, Cottonwood, and Walnut. Walnut
are mostly lumber grade, but some verneer. Estimated value of standing timber
is approximately $43,000. |
* FSA indicates 60.66 acres tillable with balance
being timber and barn.
* Corn suitability rating 57
*Majority soils are Klum & Nodaway.
*Located in Section 20, Baltimore Twp., Henry
County, Ia.
* Taxes: Gross: $810.60 Ag. Cr: $29.70 Net:
$780.00 |
| TRACT #3 - 68.12 ACRES, M/L - Tillable & Timber Land |
| On Tract #3 - Block of timber in the southeast corner of the
property and in the draws south of the road. Mixed hardwood species include
Walnut. Estimated value of standing timber is approximately $12,000. |
* FSA indicates 38.48 acres tillable with balance
being timber.
* Corn suitability rating 40
* Majority soils are Clinton, Gallard &
Lindley-Keswick.
* Sections 20 and 29, Baltimore Twp. Henry County,
Ia.
* Taxes: Gross: $459.68 Ag. Cr: $16.89 Net:
$442.79 |
General information on entire farm:
117 bushel corn yield with 124.9 acre corn base.
35 bushel bean yield with 81.3 acre bean base.
*Marketable trees & river
access on each tract!
Please Note: It is important
to note that appraisal on trees does NOT take into consideration or include
any value for the real estate itself. Additionally, commercial prices paid
for standing timber are dynamic. Actual value of the trees may be more or
less than the appraised price of the trees depending upon seasonal and annual
fluctuations in prices for stumpage. |
TERMS: 20%
down payment on November 1, 2008. Balance to be paid on or before December
1, 2008 upon delivery of merchantable abstract and deed.
POSSESSION: December 1, 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. 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.
Reservations: 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 sellers shall only be obligated to furnish one abstract and deed.
Husband and wife constitute one buyer.
* The buyers shall be responsible for any
desired fencing in accordance with Iowa state law.
* It shall be the obligation of the buyers
to report to the Henry County FSA office and show filed deeds in order receive
their allotted base acres and 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. |
OWNERS: STEFFENSMEIER FAMILY
FARM
William H. Napier of Napier, Wolf &
Napier - 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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REALTY & AUCTION |
