Burke Real Estate
124 North Elm St. Office: 563-547-2554
Cresco, IA 52136 Fax: 563-547-3816
LAND AUCTION
506.5 ACRES
MORE OR LESS
FRIDAY, MARCH 12, 2010
10:00 A.M.
SALE SITE: Chickasaw Senior Centre
301 North Water Avenue
New Hampton, Iowa
Franklin D. Booth Irrevocable Trust and
Michael and Kimberly Booth,
OWNERSLEGAL DESCRIPTION:
The North Half of Section 26, the Northwest Quarter of the Southwest Quarter of Section 23, the North Half of the Northwest Quarter of Section 25 and the South Half of the Southwest Quarter Except Lot 1, Parcel A and Parcel C in Section 24, all in Township 95 North, Range 13 West of the 5th P.M., Chickasaw County, Iowa.This property is located just Southwest of New Hampton, Iowa.
Taxes will be prorated to date of possession.
The farm will be available to be farmed for the 2010 crop year.
Driving Instructions to 2049 235th Street, New Hampton, Iowa:
Exit US Hwy 63 just southwest of New Hampton, Iowa at Exit 201,
go West approximately 1/2 mile on 225th Street to Kenwood Avenue,
go South 1 mile to 235th Street,
go West approximately 1/2 mile, building site is on North side of road.
See plat map above for land location.
PARCEL BREAKDOWN
Click on each parcel below for additional information.
PARCEL #1 - 42 Acres m/l - approximately 40.1 acres - Avg. CSR - 77.6
PARCEL #2 - 144.5 Acres m/l - approximately 142.1 acres tillable - Avg. CSR - 74.3
PARCEL #3 - 119 Acres m/l - approximately 109.4 acres tillable plus 3.8 acres CRP Avg. CSR - 76.2
PARCEL #4 - 80 Acres m/l - approximately 75 acres tillable plus 2 acres CRP Avg. CSR - 73.3
PARCEL #5 - 104 Acres m/l - approximately 96.9 acres tillable plus 5.7 acres CRP Avg. CSR - 70.8
PARCEL #6 - Building site with approximately 17 Acres - approximately 8 acres tillable.
PARCEL #7 - 320 Acres m/l with building site - approximately 289.3 tillable plus 11.5 acres CRP
Avg. CSR - 73.9 - This is a combination of Parcels #3, #4, #5 and #6.
PARCEL #8 - 506.5 Acres m/l - Whole farm - This is a combination of Parcels #1, #2, #7.
Property will sell in the way that creates the highest net price.
See individual parcels for detailed information.
Auction Terms & Conditions
BIDDER REGISTRATION: Prospective buyers must provide name, address, and phone number to clerks prior to sale.
Bidders must also furnish a letter of credit from their bank.
YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
TERMS: 10% Down Day of Sale with the balance cash due on or before April 2, 2010. Successful bidders will sign a Purchase Agreement following the close of bidding. Taxes will be prorated to date of possession.
All information contained in this brochure and all related materials are subject to the Terms and Conditions outlined in the Purchase Agreement.
POSSESSION: At closing.
SURVEY: Property will be surveyed to determine exact acres.
Survey will be at the expense of the Seller. If property is split, tile easements will be given.
NOTE: Owners reserve the right to accept or reject any and all bids. Property will sell in the way that creates the highest net price.
NOTICE: All information contained in this brochure has been gained from sources deemed reliable; however, bidders are invited to inspect the property and make their own investigations with respect thereto. All sales will be presumed to be made upon the individual judgment of the purchaser. Each potential bidder is responsible for conducting his or her independent inspections, investigations, and inquires and due diligence concerning the property. The information contained in this brochure or other related material is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or Burke Real Estate. Drawings and maps are not to scale and are included as a visual aid only. All acreages are approximate and have been estimated based on legal descriptions or aerial photographs. This information may not be totally accurate and possibly subject to change. Announcements made day of sale take precedence over any advertised or preprinted materials.
All of the property is being offered on an “as is, where is” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or Burke Real Estate.
Burke Real Estate
(563)547-2554 or (563)380-2868
ALL COSTS AND MEASUREMENTS ARE APPROXIMATE. ALL INFORMATION HEREIN CONTAINED IS FROM
SOURCES DEEMED RELIABLE BUT CANNOT BE GUARANTEED BY BURKE REAL ESTATE.
For more information on this property contact Mark (563)380-2868:
Office: (563)547-2554 Email: mark@burkerealestatecresco.com
MB INC., Cresco, IA. Licensed in Iowa.
