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Day Estate - Washington County Iowa Land Auction
Brighton, Iowa
Land is located 4 miles west of Brighton, Iowa on Highway 1 / Highway 78.
Auction Location: Auction will be held at the Brighton Community Center,
100 East Washington Street, Brighton, Iowa
FARM SOLD FOR
$5,000/acre X 199.51 = $997,550
199.51 Acres M/L – Sells in One Tract
Excellent Combination Farm !! - Tillable, Timber, Ponds & Pasture Ground!!
Located in Section 33, Clay Township, Washington County, Iowa
An excellent combination farm! Featuring tillable, fenced pasture ground, timber, 3 ponds and a creek running through the property. All situated along Highway 1/78
FSA information: 126.57 acres tillable of which 29.07 acres are currently being used as pasture and 12.2 acres are in CRP as follows:
10 acres at $144.26 = $1,443 and expires on 9-30-2015.
2.2 acres at $205.20 = $451 and expires on 9-30-2020.
Pasture is rented for the 2015 season.
Corn Suitability Rating 2 of 70 (CSR1 of 63.8) on the tillable and 64.9(CSR1 of 59.8) on the entire tract.
Balance of land being timber.
Located in Section 33, Clay Township, Washington County, Iowa.
>>> Tillable Ground is selling free and clear for the 2015 farming season!! <<<
Terms: 20% down payment on February 26, 2015. Balance at closing with projected date of March 26, 2015 upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of March 26, 2015. (Subject to tenants rights on pasture ground)
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.
Gross $2,593.84
Ag. Credit (99.75)
Net $2,494.00 (Rounded)
Special Provisions:
• Tillable farm ground is selling free and clear for the 2015 Farming Season.
• Pasture ground is rented for the 2015 and is selling subject to tenants’ rights.
• It shall be the obligation of the buyer to serve termination to the tenant on the pasture ground, prior to September 1, 2015, if so desired.
• It shall be the obligation of the buyer(s) to report to the Washington 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. CRP Prorate.
• 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.
• 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.
• 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.
• Any announcements made the day of sale take precedence over advertising.
Owner: William K. Day Estate
Robert Schlegel – Attorney
For information contact Tim Meyer at
Steffes Group 319.385.2000
Downloads:
Soil Map - Entire
Soil Map - Tillable
Aerial
Plat
Day of Auction Contract
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