LAND AUCTION 450.60 Acres m/l in 2 Tracts, Sioux Township, Monona County, IA

Saturday, January 13, 2018 at 10:00am
413 Main Street
Blencoe, IA 51523

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Auction Description

IRRIGATED AND DRYLAND
FARMLAND AUCTION
450.60 Acres m/l in 2 Parcels, Sioux Township, Monona
County, IA.

These are excellent investment properties or add-on acres to your existing operation.

Date: Sat., Jan. 13, 2018
Time: 10:00 a.m.
Auction Site:
Blencoe Community Center
Address:
413 Main St.
Blencoe, IA. 51523

Property Information
Location
Tract One: From Blencoe at RR Tracks drive east following CR-E60 6.2 miles, on the east side of River Bridge turn left going northeast on Dike Dirt Road 1.6 miles. At this point you are located at the SW corner of Tract # 1.
Tract Two: From Blencoe at RR Tracks drive east following CR-E60 3.5 miles, turn left onto Mango Ave. and drive north 1 mile coming to 290th Street. At this point you are located at the SW corner of Tract # 2.

Legal Description
Tract One:
South One-Half (S1/2) of Section Six (6), Township Eighty-Two (82) North, Range Forty-Four (44) West of the 5th P.M., in Monona County, Iowa.

 

Tract Two:
The Southwest Quarter (SW1/4) of Section Nine (9), Township Eighty-Two (82) North, Range Forty-Four (44) West of the 5th P.M., Monona County, Iowa, except Easement to the Little Sioux Inter-County Drainage District recorded in Vol. 74, Page 60.

 

Real Estate Tax
Tract One: Annual Tax - $4,520.00 Drainage Tax - $992.00 Taxable Acres – 138.60
Tract Two: Annual Tax - $8,498.00 Drainage Tax - $2,018.00 Taxable Acres – 312


FSA Data
Tract One: Farm Tract 6704
Farmland and Cropland Acres: 137.38
Corn Base: 67.90 Ac.
Corn PLC Yield: 155 Bu.
Bean Base: 67.90 Ac.
Bean PLC Yield: 46 Bu.

Tract Two: Farm Tract 1294
Farmland Acres: 115.36 and Cropland Acres: 319.64
Corn Base: 158.10 Ac.
Corn PLC Yield: 116 Bu.
Bean Base: 158.10 Ac.
Bean PLC Yield: 35 Bu.

Soil Types/Productivity
Tract One: Primarily Blend silty clay. See soil map for details.
• CSR2: 70.4 per 2017 AgriData, Inc.
• CSR: 49.2 per 2017 AgriData, Inc.
Tract Two: Primarily Luton silty clay. See soil map for details.
• CSR2: 57 per 2017 AgriData, Inc.
• CSR: 40 per 2017 AgriData, Inc.

Land Description
Level Bottom Land

Improvements
Tract One: Drainage Ditches
Tract Two: 2 Wells for Irrigation, 1 - Valley Center Pivot Irrigation System 2 years old – 7 tower, 2 Grain Bins with air 14,500 bu and 7,500 bu, Drainage Ditch adjacent on the south.


Auction Information
Method of Sale
• Property will be offered as two individual Tracts.
• Bids will be $/acre
using a multiplier of 138.60 Acres for Tract One and $/acre using a multiplier of 312 Acres for Tract Two.
• Seller reserves the right to refuse any and all bids.

Seller
Cooper Family Trust



Attorney
Matthew Minnihan, Minnihan Law Firm, 906 – 9th St., Onawa, IA. 51040. Ph. 712-423-2006. Email – minnihanlaw@yahoo.com

Agency
McCall Auctions and Real Estate and their representatives are Agents for the Sellers.

Terms
10% down payment required the day of the sale. Successful bidders are purchasing with no financing contingencies and must be prepared for cash settlement of their purchase on or before March 1, 2018 or after any objections to title have been cleared. Final settlement will require certified funds or wire transfer. Full Possession and 2018 Farming Rights to be given Buyer at settlement. Taxes will be prorated to Date of Closing.  

Notice:  
Buyer of Tract One
– shall reimburse for the Fall Tillage work of $3,082.        
Buyer of Tract Two - shall reimburse for the Fall Tillage work of $7,585.        



Announcements
Property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the properties 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 properties. 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.

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


For Complete Details, Photos, and Maps Log Onto: www.McCallAuctions.com

 

 

Auction Conducted By:

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