HOOVER REAL ESTATE CO.
9:30 A.M. Tuesday, May14th, 2002
98.12 Acres
LOCATED:
At the
farm site, ¼ mile east of intersection C-49 & M-54 OR
from
Newell, IA 4 miles north on M-54 and ¼ mile east on C-49 OR from Varina, Ia
4 ½ miles west on C-49.
LEGAL: A tract of
land located in the Southwest Quarter (SW ¼) of
Section 28, Township 91 North, Range 35 West of the 5th
P.M., Buena Vista
TAXES:
Net annual taxes payable 2001 & 2002 -
$1458
FSA DATA:
96.5 Tillable acres Corn Base - 59.7 acres Corn Yield – 126 Bu.
SOILS: Nicollet, Clarion and Canisteo. Average CSR - 73.71 (determined by Buena Vista County Assessor)
COMMENTS:
This is a typical northern Buena Vista
County high yielding farm. The tract
being sold is all tillable, four miles
from the grain markets and on a black top road. There are no point rows & the farm is well tiled. The farm’s pasture, TV tower & access to
it and the acreage were sold last year.
There is no CRP land or highly erodable land in this offering. This 98 acres make an excellent add-on for
an operating farm or an excellent investment property.
TERMS: 10% down the day
of the auction. Buyer(s) shall sign a real estate contract requiring the
balance to be paid on June 10,
2002. The Buyer(s) to receive cash rent
of $90 per tillable acre for the 2002 crop year. Possession shall be on settlement, subject to Tenant’s rights,
which shall terminate at the end of the 2002 crop year. Sellers shall pay real estate taxes due Fall
of 2002 and Spring of 2003 pro-rated to the day of closing. 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: LEON & RUBY HAAHR

CLIFF
HOOVER, BROKER – MEL HENNING, AGENT – CLINTON JONES, AUCTIONEER
call.....712-262-9555
DISCLAIMER: All
information has been taken from sources deemed to be reliable; however, no
guaranty of its accuracy is made or implied by Owner(s), Broker or
Auctioneer. Buyer(s) are advised to
make their own inspections and do independent research on the properties.