Auction details

Date: Thursday, June 28, 2018
Time: 10AM
Auction Type: Land/Real Estate Auction

 

PUBLIC LAND AUCTION

2 Farms 136.08 & 278.15 Acres Located in Mills County, Iowa

Selling on Thursday, June 28, 2018 @10:00 AM

Auction to be conducted at: 21929 221st. South, Pacific Junction/Glenwood, IA ~ (Al Hughes Auction Facility)

CONTRACT TERMS IF INTERESTED: 20% DOWN, 5% INTEREST, 10 YEAR BALLOON, AMORTIZED BASED ON 25 YEARS. 2018 CASH RENT TO BE PRORATED AT CLOSING. SELLERS WILL ALSO ACCEPT CASH.

CASH RENT TO BE PRORATED FROM DEC. 31.

Farm #1 – 136.08 Acres

BRIEF LEGAL: OAK TWP SECTION 31-T73N-R42W MILLS CO.

NET ACRES: 136.08 FSA INFO: FARM #4479/577

FARMLAND: 136.19  CROPLAND ACRES: 135.22 CORN BASE: 68.40 BEAN BASE: 66.60

PLC CORN: 153 PLC BEANS: 42

TAXES: $5,074.00/$37.29 PER ACRE

CSRII: 79.3

DIRECTIONS TO THE FARM: 2 Miles NE of Glenwood on the corner of 250th & Gaston located on the Keg Creek bottom.

AUCTIONEER’S NOTE FARM #1: Very highly tillable, Keg Creek bottom farm . This farm has a great location on paved roads and boasts very high quality soil types. This farm has a 36-7 MFS 18,800 grain bin.

Farm #2 – 278.15 Acres

BRIEF LEGAL: RAWLES TWP SECTION 4-T71N-R42W MILLS CO.

NET ACRES: 278.15 FSA INFO: FARM #6847/4518

FARMLAND: 280.45 CROPLAND ACRES: 264.11 CORN BASE: TBD BEAN BASE: TBD

PLC CORN: TBD     PLC BEANS: TBD

TAXES: $8,820.00/$31.71 PER ACRE

CSRII: 71.2

CRP: 1.80 ACRES WATERWAY $668 PER YEAR

DIRECTIONS TO THE FARM: 5 Miles North of Tabor on Hwy 275 or 4 miles East of Glenwood, IA & 4 miles South.

AUCTIONEER’S NOTE FARM #2: Very nice, well maintained rolling hill farm. Terraced like the farm should be with good soils and highway frontage. Also, access to a nice fishing pond. This farm could go many directions with its good location. The farm has a 30-7 MFS 12,800 grain bin & a 36-7 MFS 18,800 grain bin.

SELLER: EDD MARSHALL

Items to be auctioned