FARM LAND AUCTION
-69.99 acres m/l in Keokuk County, Iowa-
Friday, September 13, 2013 at 10:00 AM
Auction Location: Mother Cabrini Hall, 308 W Main St, Richland, Iowa
LEGAL DESCRIPTION - (breif, full to be taken from abstract:LOT 8 EXC N 10 ACRES & PT DIV 1 OF LOT 9 NW NW AND
PT DIV 1 OF LOT 9 & DIV 1 OF LOT 2 & LOT 1 SW NW.
Acres 69.99 (surveyed)
EASEMENT - Easement to farm from 320th street will be given by adjoining land owner, Everette’s son. Approximate location is outlined in adjacent map.
NET YEARLY TAXES - $988.00
FSA INFORMATION -
Farmland 67.45 acres*
Cropland 53.66 tillable acres*
Note* Above figures are directly from the FSA information. This contains approximately 2.97 tillable acres of
ground that will not be sold.
Corn Base 45.9 with 108 bushel direct yield
Acres 69.99 (surveyed)
CRP 7.2 acres in CRP. 2.1 acres expire in 2013. 5.1 acres expires in 2022.
Annual payment is $1,387.00.
SURETY MAPS &
FARM SERVICE ANGENCY INFORMATION
Click on below images to view documents.
-TERMS & CONDITIONS-
-METHOD OF SALE: The Baker farm will be sold on a price per acre basis for the surveyed acres.
-DEPOSIT: 10% of the final bid price will be paid on the day of the sale with the balance due in cash upon delivery of deed and abstract showing merchantable title.
-PURCHASE AGREEMENT: Successful bidder shall execute a purchase agreement immediately after being declared the winning bidder by the auctioneer. Please note: The purchase agreement will offer NO contingencies for financing or any alterations to the agreement.
-TAXES: Prorated to date of possession based on the last available tax statement.
-CLOSING: On or before October 15, 2013
-POSSESSION: To be given March 1, 2014. Farm is currently leased and crop belongs to current tenant.
Terms: The property is being sold “as is, where is”. All announcements made day of auction shall take precedence over any prior advertising either written or oral. The information in this brochure is deemed reliable; however, no guarantee for its accuracy, errors or omissions is given. All lines drawn on maps, photographs, etc. are approximate. CSR values are derived from Surety Maps and may or may not reflect the values provided by the county assessor’s office. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. Greiner Real Estate & Auction is an agent for the seller.
Myron Greiner, 641-919-4522
Mike Goehring, 319-288-0704