HOOVER REAL ESTATE CO.
9:30 A.M. Tuesday, November 16th, 2004
144 Acres more or less
FARM / SALE LOCATION: 2 miles
west on A18 (130th Street) of Lake Park, IA
LEGAL:
Northwest Quarter (NW1/4) lying North of the right of way of the Chicago, Rock
Island & Pacific Railway
of
Section 29, Township 100 North, Range 38 West of the 5th
P.M.,
TAXES:
Net Annual
Taxes payable 2004 & 2005 - $1,896.00
Net Taxable Acres - 143.93
FSA DATA: 138 Cropland Acres
Corn Base -
69 acres Corn Yield
- 108 Bu. Corn CC - 128 Bu.
Soybean Base - 69 acres Soybean Yield - 35 Bu.
Soybean CC - 42 Bu.
SOILS: Clarion, Webster & Nicollet Average CSR -
67
COMMENTS:
This farm located on a hard surfaced road near Silver
Lake would make a great investment opportunity or an add-on unit to an existing
farm operation.
TERMS: Tract will be sold to the highest
bidder with no reserved bid. 10% down payment will be required
the day of the auction & Buyer shall sign a real estate contract requiring the
balance to be paid by Certified Funds at closing on or before December 17th,
2004. Bids are not contingent upon financing & Buyer is required to
arrange for any necessary financing prior to the auction. Possession shall
be on closing, subject to Tenant's rights, which shall terminate at the end of
the 2004 crop year on February 28th, 2005. Owners
shall pay real estate taxes due Spring & Fall 2005. Owners shall furnish
the successful Buyer Abstract showing good title. Buyer shall be
responsible for obtaining a title opinion. Announcements made the day of the sale shall supercede any previous information.
Hoover Real Estate Co., its affiliated licensees, and the Auctioneer
represent the Owners exclusively in this real estate auction.
OWNERS: Willard Reese Barbee
Family Trust
ATTORNEY: John M. Bjornstad
CLIFF
HOOVER, BROKER
MEL HENNING, SALES AGENT
CLINTON JONES, AUCTIONEER
for
more information/brochure
call.....712-262-9555
or e-mail.....
DISCLAIMER: All
information has been taken from sources deemed to be reliable; however, no
guaranty of its accuracy is made or implied by Owners, Broker or
Auctioneer. Buyer is advised to
make their own inspections and do independent research on the properties.