HOOVER REAL ESTATE CO.
9:30 A.M. Tuesday, August 27th, 2002
237 Acres more or less - Offered in 4 Tracts
LOCATED:
Sale to be held at the farm
site - 1625 Highway 18, Everly, IA 51388 (located 5-1/4 miles west of Spencer,
IA on Highway 18)
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TRACT #1:
Legal: 3.896 Acres - A parcel of land in the NW1/4 of 31-T97N-R37W of the 5th
P.M., Clay Co., IA
(exact legal description to be taken from Abstract of
Title)
Estimated Taxes: Net annual taxes payable 2001 & 2002 - $311.00
Comments: This acreage has an excellent location on the south side of Highway 18
just
5-1/4 miles west of the "Y" intersection of Highway 18 & 71 north of Spencer,
IA. The acreage has an older 2-story wood frame home containing 1,036 sq.
ft. on the main level, 34x48 barn & 24x50 shed/shop. The acreage has many
beautiful young hardwood trees.
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TRACT #2:
Legal: 76.168 Acres - A parcel of land in the NW1/4 of 31-T97N-R37W of the 5th
P.M., Clay Co., IA
(exact legal description to be taken from Abstract of
Title)
Estimated Taxes: Net annual taxes payable 2001 & 2002 - $1,134.00
Estimated FSA Data: 72.7 Tillable acres Corn Base - 36
acres Corn Yield - 109 Bu.
Soils: Nicollet, Tripoli & Dickinson Average CSR - 71.5
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TRACT #3:
Legal: 76.168 Acres - A parcel of land in the NW1/4 of 31-T97N-R37W of the 5th
P.M., Clay Co., IA
(exact legal description to be taken from Abstract of
Title)
Estimated Taxes: Net annual taxes payable 2001 & 2002 - $1,151.00
Estimated FSA Data: 74.3 Tillable acres Corn Base - 36.7
acres Corn Yield - 109 Bu.
Soils: Nicollet, Biscay, Cylinder & Dickinson Average
CSR - 64.3
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TRACT #4:
Legal: 80.48 Acres - A parcel of land in the NE1/4 of 31-T97N-R37W of the 5th
P.M., Clay Co., IA
(exact legal description to be taken from Abstract of
Title)
Estimated Taxes: Net annual taxes payable 2001 & 2002 - $804.00
Estimated FSA Data: 64.8 Tillable acres Corn Base - 32
acres Corn Yield - 109 Bu.
Pasture/wildlife habitat - 13.4 acres CRP 10.9 acres @
$50/acre to expire 9-30-2008
Soils: Cylinder, Calco & Wadena deep Average CSR - 61.2
Comments: This tract would make an excellent recreational property for hunting
with a good source of income.
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METHOD OF AUCTION: Tract #1 to be sold 1st and Tracts #2, #3 & #4
to follow in that order. Each sale is final.
TERMS:
10% down the day
of the auction. Buyer(s) shall sign a real estate contract requiring the
balance to be paid on or before March 1, 2003. Possession
shall be on settlement, subject to Tenant’s rights, which shall terminate at the
end of the 2002 crop year. Seller shall pay real estate taxes due Spring &
Fall of 2003. 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: ORLIN & HELEN PETERS
ARLO PETERS ESTATE
Attorney: Christopher A. Bjornstad - Cornwall,
Avery, Bjornstad & Scott Law Firm
CLIFF
HOOVER, BROKER – CLINTON JONES, AUCTIONEER
for
information
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.