Hancock County, IA
160.00 Acres M/L
190th Street & Oak Avenue |
Garner, IA 50438 |
Listing #13682
Property Info
Description
This property consists of 160 acres, of which there are 156 taxable acres and 152.91 cropland acres. This property has an average CSR2 of 78.6, CSR1 of 70.7, with the county average CSR2 being 78.7.
Legal Description
The Northwest Quarter (NW ¼) in Section Twenty-one (21), Township Ninety-five (95) North, Range Twenty-four (24), West of the 5th P.M. Hancock County, Iowa. Please refer to abstract for exact legal description.
Details
FARM PROGRAM INFORMATION:
Cropland: 152.91 acres
Corn Base: 150.2 Acres PLC Yield: 156 bushels
Bean Base: 2.7 Acres PLC Yield: 54 bushels
This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time. This property is presently enrolled in ARC-County.
Directions
From Klemme, Iowa, go west on County Blacktop B-55 to county rock road Oak Avenue or R-56, then north on Oak Avenue 1.5 miles. Farm is located on the east side of Oak Avenue. Please follow auction signs.
- Sign On Property: Yes
- School District: Garner-Hayfield
- Net Taxes: $2,964.00
- Auction Date: Sep 30, 2016
- CSR: 70
- CSR2: 78.00
- Possession: 11.11.16 - Subject to Lease
Improvements
None
Additional Info
FARM LEASE: The subject farm is currently cash rented with the sellers retaining 100% of the cash rent for 2016. Lease for 2017 will be terminated prior to the auction.
Auction Details
HANCOCK COUNTY LAND AUCTION
160 ACRES M/L
FRIDAY, SEPTEMBER 30, 2016
10:00 AM
KLEMME PUBLIC LIBRARY
204 E MAIN STREET
KLEMME, IOWA
SALE METHOD: This property will be sold as one tract of 160 acres M/L.
IMPROVEMENTS: None
TAXES: $2964/year or $19.00/Taxable acre.
MINERALS: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer.
EARNEST PAYMENT: A 15% earnest money payment is required on the day of the auction. The earnest payment may be paid in the form of cash or check. All funds will be held in the Peoples Company or named attorney’s trust account.
POSSESSION: Possession will be granted at closing, on or about November 11, 2016, subject to the current cash rent lease and current tenant’s rights for the 2016 crop year.
CONTRACT AND TITLE: Immediately upon conclusion of the auction the high bidder will enter into a real estate contract and deposit with Peoples Company the required earnest payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon buyer financing. Seller to pay all escrow closing costs.
CLOSING: Closing will occur on or about November 11, 2016. The balance of the purchase price will be payable at closing in cash, guaranteed check, or wire transfer.
SURVEY: At the Seller’s option, the Seller shall provide a new survey where there is not an existing legal or where new boundaries are created. The Seller will be responsible for any survey costs.
BIDDER REGISTRATION: All prospective bidders must register with the auction company and receive a bidder’s number in order to bid at the auction.
This sale is subject to all easements, covenants, leases and restrictions of record. All property is sold on an “As is—Where is” basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller. All bids will be on a per acre basis. The sellers reserve the right to accept or reject any and all bids.
Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer will take precedence over any previous material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.
Video
Click the “play” button below to watch an aerial drone video of this property.
Photos
