Tillable land with CRP income! For details contact auction manager Terry Hoenig of Steffes Group, 319.385.2000 or by cell, 319.470.7120

LEE COUNTY LAND AUCTION

FT. MADISON, IOWA
Land is located ¾ miles south on 53rd Street, then 1 mile west on 240th Street, then ¾ miles south on 265th Avenue.  Watch for auction signs.

Auction to be held at the Quality Inn, 6169 Reve Court, Ft. Madison, IA

Selling Free and Clear for 2019 Farming Season!

 

56.43 Deeded Acres M/L – SELLS IN 1 TRACT

Take a look at this unique property!  This land has approx. $3,362 of yearly income from the CRP land, which has the CP5A practice of trees.

This piece offers cover for wildlife as it borders other land with water & timber.  This is an opportunity to own a piece of land close to Ft. Madison, with a potential building site in the country.

FSA information: 41.36 acres tillable, of which 16.01 acres are in the CRP program as follows:  16.01 acres at $210.02 = $3,362 and expires on 9-30-2031.

Corn Suitability Rating 2 of 52.6 (56.1 CSR1) on the tillable.

Located in Sections 14 & 23, Jefferson Township, Lee County, Iowa.

Terms: 10% down payment on February 12, 2019. Balance due at closing with a projected date of March 27, 2019, upon delivery of merchantable abstract and deed and all objections have been met.

Possession: Projected date of March 27, 2019.

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.

Real Estate Taxes

Gross:                         $925.38

Ag. Credit:                 ($51.22)

Net:                             $874.00 (Rounded)

Special Provisions:

 

Owners: Warren D. & Rebecca S. Hoenig and Roger L. & Laura A. Hoenig
R.L. “Dick” Fehseke, Jr. – Attorney for Seller

For details contact auction manager Terry Hoenig 
of Steffes Group, 319.385.2000 or by cell, 319.470.7120

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. Steffes Group Inc., agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.