Auction Location: Auction to be held at the Steffes Auction Pavilion, 605 East Winfield Avenue, Mt. Pleasant, Iowa.
Farm is located 3 miles south of Mt. Pleasant on Highway 27/218, then 1 mile southeast on Kentucky Avenue.

81.97 Surveyed Acres M/L - Sells in Two Tracts
CRP Ground - Potential Building Site with Pond

Survey now complete  

SOLD!
Tract #1 - $2,600 per acre x 74.77 Acres
Tract #2 - $46,000 total price for 7.2 Acres

Land Preview on Tuesday, September 16th from 5-6pm 

TRACT #1 – 74.77 Surveyed Acres
This tract features CRP land and timber draws, with neighboring timber, this tract offers an
excellent pass through for wildlife.  

FSA information: 69 acres tillable all of which is in CRP as follows:
69 acres at $100.06 = $6,904 and expires on 9-30-2017.
Corn Suitability Rating 2 of 38.1 on the entire tract.
Located in Section 3, Jackson Township, Henry County, Iowa.

TRACT #2 – 7.20 Surveyed Acres
Looking for a place to build in the country or a getaway with a pond?  This tract borders Tract #1 and has the potential to be an excellent building site or getaway with a pond and nestled amongst the trees.  This tract also has an uninhabitable home with older outbuildings, windmill & well(condition unknown).
Located in Section 3, Jackson Township, Henry County, Iowa.



Terms: 20% down payment on September 30, 2014. Balance at closing with projected date of October 30, 2014 upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of October 30, 2014. 
Real Estate Taxes:  To be prorated to date of possession on the basis of the last available tax statement.  Seller shall pay any unpaid real estate taxes payable in prior years.


The following taxes are approximate and will be used to prorate at closing.
Tract #1
Gross              $785.31
Ag. Credit           (39.26)
Fam. Farm         (24.63)
Net                  $721.00 (Rounded) 

Tract #2
Gross              $199.20
Ag. Credit           (.34)
Fam. Farm         (.24)
Net                  $198.00 (Rounded) 

Any announcements made the day of sale take precedence over advertising.

Special Provisions: 
• It shall be the obligation of the buyer(s) to report to the Henry County FSA office and show filed deed(s) in order to receive the following if applicable:   A. Allotted base acres.  B. Any future government programs. C. Prorate of CRP. 
• Buyer(s) agree to follow all requirements of conservation plans and practices required by the FSA to maintain eligibility in the Conservation Reserve Program. Buyer(s) agree to accept responsibility and liability for any actions by the buyer which would endanger eligibility for the CRP or actions that would require repayment of the CRP payment or payments. Buyer(s) further agree to indemnify and hold harmless the sellers/tenant for any recovery sought by the FSA due to actions of buyer, which would violate the requirements of the CRP. In the event the buyer(s) elects to take the ground out of CRP, the buyer(s) will be responsible to the seller/tenant for any prorate of the CRP payment that the seller/tenant would have received.
• Seller disclaims any warranty on the septic system. It shall be the buyer's obligation to inspect & determine if the septic system complies with state and county septic code and whether it can be operational as installed. Any inspections, upgrades, repairs, maintenance or other matters to the septic system will be at the buyer's expense in accordance with Henry County & Iowa laws & regulations. 
• Both Tracts will be surveyed by a registered land surveyor and surveyed acres will be the multiplier for each tract.
• The buyer(s) shall be responsible for installing his/her own entrances if needed or desired.
• If in the future a site clean-up is required it shall be at the expense of the buyer(s).
• The buyer(s) shall be responsible for any fencing in accordance with Iowa state law.  The south fence line is reverse ownership therefore Tract #2 is 100% responsible for the south fence line on said tract.
• If one buyer purchases more than one tract the seller shall only be obligated to furnish one abstract and deed. (husband & wife constitute one buyer)
• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
• The buyer(s) acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer(s) are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.

M. Janet Bruggemeyer, Owner
Philip D. McCormick - Attorney

For information contact Lynn or Chris Richard at

Steffes Group 319.385.2000

Downloads:
Tract 1 - Soil Map
Aerial Map
Survey Overlay
Survey - Tract #2