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160 Acre Farm located in Section 26 of Delaware Twp., Sac County, Iowa to be sold at:
Public Auction
Friday, February 17, ’12 at: 10:00 A.M.
►Sale to be conducted at the VFW Post 590 Meeting Hall, North 5th Street, Sac City, Iowa.◄
Farm is located at 2035 Perkins Avenue, Nemaha, IA. From Nemaha, IA., 2 miles east on D15, 1 mile south on Perkins Avenue.
Legal Description:
The Northeast Quarter (NE1/4) of Section 26, Township 89 North, Range 89 North, Range 36 West of the 5th P.M., Sac County, Iowa
General Description & Method of Sale:
Farm will be offered as Parcel 1: a bare 120 acre, more or less, parcel; Parcel 2: An improved 40 acre, more or less, parcel which includes the home & building site; and Auctioneers reserve the right to re-offer as a complete 160 acre improved unit.
Parcel 1: A bare 120 acre, more or less, parcel of land which is primarily all tillable, except for normal roadway easement(s) and a small area (approx. 4.21 acres) of pastureland located in the southeast corner of this parcel. Currently, FSA has this farm combined with other land, however estimates the cropland portion of this parcel to be approx. 111.02 crop acres. This parcel enjoys good producing soils and farming practices. Surety Digital Soil Rating Services indicates an average CSR of approx. 76.6. Current real estate taxes for Parcel 1 are $ 2,526./year.
Parcel 2: An improved 40 acre, more or less, parcel which includes a one story 3 bedroom ranch style home with approx. 1404 square feet of living space on main level, plus a full basement; a detached double car garage; a Morton pole/metal machine shed (approx. 42’x72’ w/concrete floor); a Morton open front cattle shed (approx. 42’x72’); 2 metal grain bins; crib w/steel siding; storage garage; fenced lots, etc. This parcel includes a combination of pastureland and cropland. Cropland acres are estimated to be approx. 14.70 acres and there are areas of the current pastureland that may be able to be converted back to cropland. This parcel would be ideal for a rural home/acreage and/or a cow/calf producer. Current real estate taxes for Parcel 2 are $ 1,492./year.
►For an appointment to view the home and/or building site, contact the Auctioneers.◄
Terms of Sale:
Purchaser(s) will be expected to pay 10% of the purchase price on day of sale and a sign standard real estate contract agreeing to pay the balance on or before March 30, 2012. Possession will be given upon closing. There are no Buyer contingencies of any kind. All potential bidders are expected to have financial arrangements made prior to bidding. Any announcements made day of sale will supersede any advertising.
Mooney Special Trust, Owner
Larry Mooney, Trustee
Sale arranged & conducted by:
Green Real Estate & Auction Co.
Sac City, IA., ph. 712-662-4442
Mike Green, Jim Green & Dave Wilken, Auctioneers