Land Auction - 116.10 Acres of Loess Hills Farmland with Timber, Productive Tillable Cropland and Home (Acreage Site) “Whitetail and Turkey Heaven”

Saturday, March 22, 2014 at 10:30am
25454 Oak Avenue
Turin, IA 51040

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Auction Description

Belvidere Township, Monona County, Iowa
116.10 Acres of Loess Hills Farmland with Timber, Productive Tillable Cropland and Home (Acreage Site)
“Whitetail and Turkey Heaven”
 Located in one of the premier regions in the US for world class white tail deer

(Property Sold in 1 Tract)

LAND AUCTION
Saturday, March 22, 2014 ~ 10:30 A.M.
Auction to be held onsite

PROPERTY LOCATION – South of Turin, Iowa in Western Iowa
Address:  25454 – Oak Avenue, Turin, Iowa 51040. From Turin: Take Larpenteur Memorial Rd.  2.1 miles south, turn left onto Oak Ave. and drive 0.9 miles. This location places you in the middle of the property and by the home.

LEGAL DESCRIPTIONS
The East Half of the Northwest Quarter (E1/2 NW1/4) and the Southwest Quarter of the Northeast Quarter (SW1/4 NE1/4) of Section Twenty Three (23), Township Eighty-Three (83) North, Range Forty-Four (44) West of the 5th P.M., Monona County, Iowa.  (Taxable Acres: 116.10)

TRACT DESCRIPTIONS

FSA Information: 
(Farm No. 111 Tract No. 560) Section 23 Belvidere 83N 44W):  Farmland – 113.52, Cropland – 37.41, Corn Base – 22.2, Direct Yield & CC Yield - 92/92 bushels/acre , Soybean Base – 6.7, Direct Yield & CC Yield - 28/28 bushels/acre. Cropland has been in Corn, Soybeans and Alfalfa. The Timberland area use currently is Pasture for Cows.

116.10± ac. Loess Hills Farmland with productive tillable acres, Home and Buildings.  Soils: Cropland - primarily Napier silt loam and Napier – Kennebec – Colo complex with a CSR2 weighted average of – 77.4, The CSR2 weighted average for the whole farm is 46.2, Yearly Taxes: $2,350

Included is a 816 SF 2 Bedroom Home built in 1958; furnace new in 2008, new carpet and paint in 2013. Open Hog Confinement 16 x 160 2,560 SF built in 1979. Well is 300 feet deep and had new pump and wiring in 2012. 12.2 acres surround the acreage site and at least 10 Walnut Trees will be large enough to be harvested in 5-6 years.  Presently Timber areas and Hills used for Pasturing Cows. The Corn yield in 2013 was 258 bushel to the acre and the Alfalfa yields 4 ton to the acre. The wildlife is plentiful; Large Deer Trophy Buck Area. Large Shed found on property won 1st in Deer Classic Des Moines & Omaha. The Turkey population is heavy inhabited. For a Photo preview please go to our website.  For an appointment to view the Property contact Leo Mann Ph. 712-420-0247



AUCTION TERMS & CONDITIONS:

PROCEDURE:
The Land will be offered in 1 individual Tract for bidding. The sale price will be determined by taking taxable acres times the final price bid per acre.
DOWN PAYMENT: 10% down payment on the day of the auction with the balance in cash or certified funds at closing. The down payment may be made in the form of cash, cashier's check, personal check or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash or certified funds at closing.
ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement at the auction site immediately following the close of bidding. The final bid price is subject to the Seller’s approval. Such approval shall occur at the auction on auction day.
CLOSING: Closing shall occur on or before April 10, 2014, and in accord with the specific terms of the Agreement to Purchase. Possession shall be given at closing.
 Buyer will have Full possession of the crop land for the 2014 crop year. Real Estate Taxes will be prorated to Dec.31, 2013. The closing will be handled by Michael Jensen Attorney - 710 Iowa Avenue, Onawa, Iowa 51040 Ph: 712-423-1652 or email: mpjensen@longlines.com
TITLE:
Seller owns fee simple title to the Real Estate.
EASEMENTS AND LEASES:
Sale of said property is subject to any and all easements of record and any and all leases.
MINERAL RIGHTS: The sale of the property shall include all mineral rights owned by the Sellers, if any.

AGENCY: McCall Auctions & Real Estate and its representatives are exclusive agents of the Sellers.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and any related materials are subject to the terms and conditions outlined in the Agreement to Purchase. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. STATEMENTS, PROMISES, OR INDUCEMENTS MADE AT THE AUCTION THAT ARE NOT CONTAINED IN THE WRITTEN AGREEMENT TO PURCHASE SHALL NOT BE VALID AND BINDING. The properties are being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Sellers or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this advertising is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Sellers or the Auction Company. All sketches and dimensions in this brochure are approximate. All acreages are approximate and have been estimated based on legal descriptions or aerial photographs. Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Sellers and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the Auctioneer and Sellers' at the auction are final.

AUCTION COMPANY AND SELLERS ARE NOT RESPONSIBLE FOR ACCIDENTS.

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NEW DATA, CORRECTIONS AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.
NOTE: Videotaping, flash photography, and/or public announcements will be allowed on auction day ONLY with prior approval from McCall Auctions & Real Estate.

Seller: Leo Mann

Contact Russ McCall for further information Ph: 712-423-1901

For Complete Details, Photos, and Maps Log Onto: archive.mccallauctions.com

Auction Conducted By:

McCall Auctions and Real Estate
706 Iowa Avenue
Onawa, IA
712-423-1901
Russ and Brent McCall, Auctioneers
Loretta McCall and Andrea Meyer, Clerks