Auction Information
80 Acres in Melvin, IA
Tract 2 - 80 Acres, Osceola County, Iowa
Auction Date and Time: Thursday, March 31, 2016 at 10:00 A.M.
Auction Location: American Legion Community Center, 225 Main Street, Melvin, Iowa
Tract 2 - 80 Acres, Baker Township, Osceola County, Iowa
Tract 2 Legal Description: The East Half of the Southeast Quarter (E 1/2 SE 1/4) of section Twenty-six (26), Township Ninety-eight (98) North, Range Forty (40), West of the 5th P.M., Osceola County, Iowa.
Surety/AgriData Avg. CSR2: 94.7
Surety/AgriData Avg. CSR1: 80.6
Primary Soils: Marcus (92), Primghar (91), and Allendorf (309)
Taxable Acres: 75.76 ac.
Real Estate Taxes: $2216
FSA Information:
Tillable Acres: 74.28
Corn Base: 36.93 ac. PLC Yield: 186 bu.
Soybean Base: 35.98 ac. PLC Yield: 52 bu.
Tract 2 contains an improved acreage in the southeast portion of the farm, which includes a two-story farmhouse, 36' x 68' Morton Building, (1) 24 x 17 grain bin a...
Tract 2 contains an improved acreage in the southeast portion of the farm, which includes a two-story farmhouse, 36' x 68' Morton Building, (1) 24 x 17 grain bin and (3) government bins.
Terms: 10% earnest money down day of sale. Balance due at closing on or before June 30, 2016. Buyer responsible to bring the septic system to current Iowa code. Real estate taxes to be prorated to July 1, 2016. Buyer to receive the second half of 2016 cash rent. Line survey has been completed establishing the boundary between Tracts 1 and 2.
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