Land Auction - 189 Acres in 2 Tracts - in Sections 28 & 29 in Grant Township, Monona County, Iowa
Saturday, June 22, 2013 at 10:00am
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Auction Description
LAND AUCTION
189 ± Acres • Sections 28 & 29 Grant Township, Monona County, Iowa
2 Individually Offered Tracts
Saturday, June 22, at 10:00 AM
at the Onawa Community Center in Onawa, Iowa
Property Location - 140TH STREET, CASTANA, IOWA (RODNEY/TICONIC AREA)
Good CSR Tracts mostly 100% Tillable
LOCATION
From Onawa take CR-L12 Northerly driving 7 miles, then bear right onto Nutmeg Ave. and keep straight onto Oak Ave. driving 4.7 miles, turn left onto 140th St. and drive 0.9 miles. This places you at the North side of Land.
LEGAL DESCRIPTIONS
Both Parcels are located in Sections 28 & 29 Grant Township lying east of Little Sioux River. Survey is available, to view the Survey and Legal click link above called Catalog. Abstracts to Govern.
TRACT DESCRIPTIONS
Tract 1: 94.5 ± ac. Productive Land. FSA Information, FSA has not split out these Parcels yet as they are part of larger Tract, so information is estimated: Cropland – 94, Corn Base – 56.0, DP & CC Yield - 97/122 bushels/acre, Soybean Base – 34.5, DP & CC Yield - 34/41 bushels/acre. Taxable Acres: 94.484 Taxes: The annual real estate taxes are $2,403 and the Nagel Drainage Ditch Tax is $1,787 Soils: Primarily Rawles and Zook. CSR: Weighted Average – 71.0
Rent is $275 per acre. We are giving Buyer credit at Closing for 50% of the 2013 cash rent in the amount of $137.50 per tillable acre.
Tract 2: 94.5 ± ac. Productive Land. FSA Information, FSA has not split out these Parcels yet as they are part of larger Tract, so information is estimated: Cropland – 94, Corn Base – 56.0, DP & CC Yield - 97/122 bushels/acre, Soybean Base – 34.5, DP & CC Yield - 34/41 bushels/acre. Taxable Acres: 94.484 Taxes: The annual real estate taxes are $2,393 and the Nagel Drainage Ditch Tax is $1,777 Soils: Primarily Rawles and Zook. CSR: Weighted Average – 71.0
Rent is $275 per acre. We are giving Buyer credit at Closing for 50% of the 2013 cash rent in the amount of $137.50 per tillable acre.
“BUYERS SHALL RECIEVE 50% OF CASH RENT FOR RETURN THE FIRST YEAR & FULL FARMING RIGHTS 2014”
CLOSING: 10% down payment on the day of the auction with the balance in cash or certified funds at closing. Closing shall occur on or before August 2, 2013 and in accord with the specific terms of the Agreement to Purchase.
Sellers: Tract One: Kevin Nagel, Russell Nagel, Jerry Nagel, & Jody Purgett
Tract Two: Susan Shreeve
Cooperating Agents for Sellers:
Kriener Farm Management, Inc., 4110 Floyd Blvd., Sioux City, IA 51108. dankriener@aol.com
For Property Details, Contact: Dan Kriener – Office: 712-239-0311 or Mobile: 712-253-2546
And
McCall Auctions & Real Estate
706 Iowa Avenue
Onawa, IA
712-423-1901
Russ and Brent McCall, Auctioneers
Loretta McCall and Andrea Meyer, Clerks
