Monona County Iowa Land Auction

Saturday, November 21, 2009 at 10:30am
423 Evans
Sloan, IA 51055

The land auction will be held inside the Sloan Community Hall in Sloan, Iowa. The building is easy to find and there will be arrowed signs directing you to the site.

Photo Gallery View Complete Gallery

  • Another view of Tract # 1 looking SE from 110th Street.
  • Another view of Tract # 1 looking south from 110th Street.
  • Another view of the great soybean crop on Tract # 1.
  • Tract # 1 - don't they look like great soybeans!
  • Tract # 1 looking SE from the junction of 110th and Cherry Ave.
  • Tract # 1
  • Looking south east across Tract #1 from 110th Street.
  • The NW corner of Tract #1 is located south of the road at 110th and Cherry Ave.
  • A view of the great corn crop on Tract # 1 in 2009.
  • Yet another view looking south across Tract # 1 from 110th Street.
  • A view of soybeans on Tract # 1 for the crop year of 2009.
  • A view on September 25th, 2009 showing the harvesting of soybeans on Tract # 1.
  • A view of Tract # 1 looking SW from 110th Street.
  • Tract # 1 showing the corn crop for 2009.
  • Tract # 1
  • The east line of Tract # 1 looking south from 110th Street.
  • A view of the corn on Tract # 1 on September 25th, 2009.
  • The SE corner of Tract # 2 is located by the tower.
  • View of the east line of Tract # 2 looking north from 110th Street.
  • Tract # 2 looking north from 110th street in the middle of the parcel.
  • Tract # 2 looking over the corn crop of 2009 from 110th Street.
  • Looking NW from 110th Street at Tract # 2.
  • Another view of Tract # 2.
  • Looking north up west line of Tract # 2 from 110th Street.

Auction Description

WESTFORK TWP., MONONA CO., IOWA 300 +/- ACRES
PUBLIC LAND AUCTION
SATURDAY, NOVEMBER 21, 2009 – 10:30 A.M.
Auction Site: Sloan Community Hall, 423 Evans, Sloan, IA.
Property Location: 2.5 miles south of Sloan on Old Hwy 75, turn left on 110th and go approximately 1.5 miles to view Tract #1 on the south side the road, then drive another half mile to view Tract #2 on north side of road.

TRACT ONE

Legal Description: 229 acres - NE1/4 of Section 10 – T85N – R46W, Monona Co., IA. And E1/2 of NW1/4 of Section 11 – T85N – R46W, Monona Co., IA. minus 2 acreage spots. Abstract legal to govern.

General Description: This is an excellent and productive larger tract of Iowa Farmland. Ideal location close to Interstate and several grain elevators.

FSA Information: Farmland – 229 acres, Cropland 226.34 acres, Corn Base – 113.8 acres, DP & CC Yield – 97/134 Bu., Soybean Base – 112.5 acres, DP & CC Yield – 36/43 Bu.
Average CSR: 68.2
Gross Taxes: $5,425.51 on 229.85 taxable acres.

TRACT TWO

Legal Description: 69 acres – Part of E1/2 of the SW1/4 of Section 2 – T85N – R46W, Monona Co., IA. Abstract legal to govern.

General Description:  This is a good to excellent tract for those that are looking for a smaller parcel. Ideal location close to Interstate and several grain elevators.

FSA Information: Farmland – 69 acres, Cropland 66.75acres, Corn Base – 33.9 acres, DP & CC Yield – 97/134 Bu., Soybean Base – 32.9 acres, DP & CC Yield – 36/43 Bu.
Average CSR: 54.8
Gross Taxes: $1,646.97 on 68.65 taxable acres.

TERMS

PROCEDURE: The properties will be offered in individual tracts. The sale price of each tract 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 at closing. 
CLOSING: Closing shall occur within approximately 30 days after auction day and in accordance with the specific terms of the Agreement to Purchase. Possession shall be given at closing, subject to the remaining rights of the current tenant(s) for crop year 2009. Full farming rights will be given March, 1, 2010. The closing will be handled by Dale Smith Attorney, 423 Evans St., Sloan, Iowa 51055, and Ph: 712-428-3822.
SELLERS: Robert N. Byers Revocable Trust

 

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