HOOVER REAL ESTATE CO.
10:00 A.M. Tuesday, November 15th, 2005
100 Acres more or
less
FARM / SALE LOCATION:
From Curlew, IA - 1/2 mile south on N38 (430th Street) & 2-1/2 miles east on
470th Street or from Mallard, IA - 1-1/2 miles north on Highway 4 & 1/2 mile
west on 470th Street
LEGAL: East Half of the Southwest Quarter (E1/2SW1/4) of
Section 12 AND the East Half of the Northeast Quarter of the Northwest Quarter
(E1/2NE1/4NW1/4) of Section 13 all in Township 94 North, Range 33 West of the
5th P.M., Palo Alto County, Iowa (exact legal description to be taken from
Abstract of Title)
TAXES: Net Annual
Taxes payable 2005/2006 - $884.00 Net Taxable Acres - 98.05
ACTUAL 2005 YIELD PER ACRE: (delivered to
local elevator) Corn - 176 Bu. Soybean - 49 Bu.
FSA DATA:
95 Tillable acres Corn Base - 67 acres Corn Direct/CC Yield -
132 Bu.
Soybean Base - 28
acres Soybean Direct/CC Yield - 42 Bu.
SOILS:
Nicollet(55), Estherville(72B), Webster(107), Clarion(138B) & Talcot(559)
Estimated Average CSR - 72.6
COMMENTS:
All tillable productive land with good fertility level & tile. An
excellent investment opportunity or an add-on unit to an existing farm
operation. Tract has a vacant building site with an 8,000 bushel grain bin
included.
TERMS:
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 15th, 2005. Bids are not
contingent upon financing & Buyer is required to arrange for
any necessary financing prior to the auction. Possession shall be on
settlement. If fall tillage is done, Buyer shall reimburse Owners the cost (per ISU 2005 Iowa Farm Custom Average Rate) at closing. Owners shall pay real
estate taxes due Spring & Fall 2006. Owners shall furnish the successful Buyer
Abstract showing good title. Buyer shall be responsible for obtaining a title
opinion. Owners reserve the right to reject any or all bids on day of sale.
Announcements made the day of the sale shall supercede any previous
information. Hoover Real Estate Co., its affiliated licensees, & the Auctioneer
represent the Owners exclusively in this auction.
OWNERS: Robert & Elvera
Eckert Revocable Trust
ATTORNEY: Christopher A. 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.