LAND AUCTION
SOLD AS I TRACT $880,000.00
Washington County, IOWA
120 Acres
104.18 FSA acres cropland Average CSR2 54.26
Thursday November 15 2018 at 1:00 PM.
Auction held at:
Riverside Casino & Golf Resort Event Center, 3184 Highway 22, Riverside, Iowa
Open house: Sunday November 4th noon to 3:00 PM
Central Standard Time.
Address of property: 2035
Yucca Avenue, Ainsworth, Iowa 52201
Directions: From US Highway 218/Avenue of Saints at Exit 70 north of Ainsworth, go east on
paved road G36 2.5
miles to Yucca Avenue, then north 1.5 miles, property is on the
west side of Yucca
Avenue.
Property: 120.43 taxable acres offered in 2 separate Tracts or a
combination of both.
Tract 1: 100 acres of bare land, estimated 94 acres tillable, 19.9 acres in CRP
that
expires on 9/30/2020. A 3.0 acre recreation area with a one acre pond.
Balance is
open meadow with limited woodland. The land is currently seeded to
grass/clover
mixture and recently fertilized for quality hay.
Tract 2: Includes 20 surveyed acres of land with a
Second Empire Victorian Style home.
Home is executive
class, 2 story brick, 2 car attached garage, walkout lower level,
4
balconies, 3 bedrooms, 3+ bathrooms, study loft, geo-thermal heat and air conditioning,
and many amenities. Built in 2012.
Also, 2 hoop
style buildings. West building is 40' x 70' with dirt floor used for livestock
and machinery shelter built in 2008. The east building 30' x 54, with a concrete
floor,
220 wiring, overhead door, used for shop and machine storage built in 2011.
Washington County parcel number: 0826200009
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Legal Description: Both Tracts 1 & 2 are in The Northeast Quarter of Section 26
T76N R6W
of 5th PM, Highland Township, Washington County, Iowa
Property taxes: Gross property taxes for 120.43 taxable acres in year 2017 were: $7250.00
Taxes for house on 4.49 acres including the east hoop building were $5626.00
Taxes for 115.94 acres of land including the west hoop shed were $1624.00
Sale
Procedure:
Property will be sold in two separate tracts or combined as the farm unit.
The final sale will be in the method that results in the highest total dollar
amount.
Terms: This is a cash sale with no contingencies. Buyer shall make a ten percent (10%)
down
payment of the purchase price at the conclusion of the auction, the balance
to be paid
at closing on
December 17, 2018. Seller agrees to cooperate
with an exchange buyer.
Seller retains a reasonable reserve and the right to accept or decline the bid
price.
Covenant: In the event the property sells in separate Tracts, the seller
reserves the right to place
a restrictive covenant on both Tracts to prohibit the construction of a
Concentrated Animal Feeding Operation (CAFO).
Warranties: There are no expressed or implied warranties. This property is being
sold in "as is"
condition.
Possession: Will be granted at closing on December 17, 2018.
The real estate taxes to be
prorated to closing.
Seller: Allan Berger
Attorney: Matthew J. Hayek at Hayek, Moreland, Smith & Bergus LLP phone 319-337-9606
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PLAT MAP
NRCS AERIAL PHOTO
SOIL SURVEY MAP
Soil No. |
Soil Type |
% Slope |
Acres |
CSR2 |
80D2 |
Clinton silt loam |
9-14 |
35.67 |
46 |
80C2 |
Clinton silt loam |
5-9 |
30.60 |
69 |
65E2 |
Lindley loam |
14-18 |
12.38 |
28 |
572C2 |
Inton |
5-9 |
3.82 |
69 |
80D |
Clinton silt loam |
9-14 |
2.88 |
51 |
76B |
Ladoga silt loam |
2-5 |
2.49 |
86 |
80D3 |
Clinton silty clay loam |
9-14 |
2.45 |
39 |
65G |
Lindley loam |
25-40 |
1.61 |
5 |
80B |
Clinton silt loam |
2-5 |
1.21 |
80 |
75 |
Givin silt loam |
0-2 |
1.00 |
84 |
571C3 |
Hedrick silty clay loam |
5-9 |
0.10 |
68 |
65E |
Lindley loam |
14-18 |
0.80 |
31 |
Total |
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|
94.29 |
53.2 |
Pipeline: The
north 40 acres of the property is transected by 3 natural gas pipelines.
The specific information is pending.
Farm Service Agency Information:
Farmland: 118.05 acres
Cropland:
104.18 acres
Corn base:
66.70 PLC yield 115bushels
per acre
Oat base 17.10 PLC yield
49
bushels per acre
CRP land 19.90
Expires 09-30-2020 Annual payment $2590.0
FSA FARM INFORMATION
Note: Announcements made at the
auction on sale day take precedence over prior advertising or printed material.
The information is from sources deemed reliable but not warranted by the sellers
or auctioneer.
All prospective buyers are encouraged to inspect the property and
rely on their own conclusions.
Real estate sells "as is"