96.93 Acres M/L – Sells in 3 Tracts! 89.4 CSR2! For information contact auction managers Nate Larson or Terry Hoenig at Steffes Group, 319.385.2000 or 319.931.3944 Nate’s cell or 319.470.7120 Terry’s cell

DES MOINES COUNTY LAND AUCTION

MEDIAPOLIS, IOWA

Land is located 2 miles south of Mediapolis on Highway 61, then 1 ½ miles west on Pleasant Grove Road, then ½ mile south on 140th Avenue.

Auction to be held at the Mediapolis City Hall, 510 Main Street, Mediapolis, IA 

96.93 Acres M/L – SELLS IN 3 TRACTS

 

“Selling Choice with the Privilege”

Tracts #1, 2 & 3 will be sold price per acre and will be selling Choice with the Privilege.  High bidder may take Tract #1, Tract #2 or Tract #3 or any combination of tracts, in any order, for their high bid.  This will continue until all tracts are sold.  Tracts will not be recombined. 

 

Tract #1 – 20 Deeded Acres
FSA information: 19.88 acres tillable
Corn Suitability Rating 2 of 89.4 on the tillable.
Located in Section 9, Franklin Township, Des Moines County, Iowa.

Real Estate Taxes on Tract #1
Gross                           $703.82
Ag. Credit                     ($25.56)
Net                              $678.00 (Rounded)

 

Tract #2 –  36.93 Taxable Acres M/L
Approx. 33 acres tillable
Corn Suitability Rating 2 of 70.5 on the tillable.
Located in Section 10, Franklin Township, Des Moines County, Iowa.

Real Estate Taxes on Tract #2
Gross                           $1,005.85
Ag. Credit                        ($36.52)
Net                                 $970.00 (Rounded)

 

Tract #3 – 40 Deeded Acres
FSA information: 17.3 acres tillable, balance being pasture/timber.
Corn Suitability Rating 2 of 80.7 on the tillable and a Corn Suitability Rating 2 of 71 on the entire farm.
Located in Section 10, Franklin Township, Des Moines County, Iowa.

Real Estate Taxes on Tract #3
Gross                           $952.63
Ag. Credit                     ($34.30)
Net                              $918.00 (Rounded)

 

TERMS ON ALL TRACTS

Terms: 10% down payment on June 14, 2019.  Balance due at closing with a projected date of July 29, 2019, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of July 29, 2019. (Subject to tenant’s rights on the tillable land
)
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.

 

Special Provisions:

 

Mabel L. Peterson Estate

Duane Peterson & Joanie Wehofer – Co-Executors

James W. Miller – Attorney for the Estate

For details contact auction managers, Nate Larson or Terry Hoenig of Steffes Group, 319.385.2000 or Nate’s cell – 319.931.3944 or Terry’s 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.