FARMLAND AUCTION
We will offer for auction, the following
farmland, located 2 miles Southeast of Lone Tree, IA
on
Friday – February 24, 2012
10:00am
245 ACRES M/L
TO BE SOLD IN 4 INDIVIDUAL TRACTS
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Tract
I: 80 acres m/l - Auction to be conducted on site at 10:00 am
Located: 5570 – 640th
St, which is 2 miles East of Lone Tree on Hwy 22, then 2 miles South on Wapello
Ave
Tract I:
80 acres m/l There are 70.6 tillable acres with a CSR of 81.5. The corn
base is 33.4 acres with a yield of 123 bu / acre. The
bean base is 34.5 acres with a yield of 36 bu/ acre.
The West 40 acres lies basically flat with a 90
CSR. The East 40 has a 71.6 CSR with
gentle slopes. The soils consist mostly
of Tama & Atterberry silt loam, Tama Dickinson
& Colo-Ely.
This is a highly productive farm, with an older homestead beyond repair
& is located just 2 miles from Hwy 22.
Legal description:SW SE & SE SE,Fremont Twp, Sect 14, Johnson County, IA
Tract
II: 78 acres m/l Tract
III: 77 acres m/l Tract IV: 10 acres m/l
Auction to
be conducted on site at 11:00 am
Located: at 4640 – 640th St, which is ¾ mile South
of Lone Tree on Wapsi Ave (X14), then 2½ miles West
on 640th St
or 4 ½
miles East of Riverside on Hwy 22, then 1½ miles South on
Tract II:
78 acres m/l. This Tract is all tillable excluding the road
easement with an average CSR of 73.6.
The approximate bases are: Corn 40.3 acres with a
yield of 130 bu / acre, beans 24.5 acres
with a
yield of 37 bu/ acre & oats 1.7 acres with a
yield of 44 bu/ acre.
The soils are mostly Sperry, Walford,
Atterberry, Tama silt loams with 0-5% slopes.
Legal
Description: NE SW & NW SW,
Fremont Twp, Sect 18, Johnson Co, IA
Tract
III: 77 acres m/l. There are 71.1 tillable acres with an average
CSR of 71. The approximate bases
are: Corn 37.2 acres with a yield of 130
bu / acre, beans 22.6 acres with a yield of 37 bu/ acre & oats 1.6 acres with a yield of 44 bu/ acre. The soils consist mostly of Sperry, Walford, Tama & Atterberry
silt loams. This Tract also features a homestead with a 40’x52’ steel sided
barn, 24’x28’ steel sided garage w/2 overhead doors, 3-7000 bu
MFS grain bins with one being a drying bin, a 3000 bu
storage bin & an old inhabitable home.
The water supply to this homestead is from a deep well w/ submersible
pump.
Note: The 1000 gal LP tank
will sell separate, immediately following the farm.
Legal
description: SW SW
& SE SW excluding approx. 1.5 acre cemetery, Fremont Twp, Section 18,
There is a gas pipeline easement on this Tract
Tract IV:
10 acres m/l of Timber
Located 1
mile West of Tract III on
This Tract is within ¼ mile of the
This farm is entered into the
Counter Cyclical Program of Johnson County
Note: Both houses are deemed to be uninhabitable & therefore no septic system will
be supplied by the Seller’s.
Duwa’s Auction Service
LLC shall assume no liability for any errors, omissions or inaccuracies in the
information provided.
All
critical information shall be independently verified.
TERMS: 15% down day of
auction with balance due on or before March 26, 2012,
at which
time the deed & abstract will be delivered.
CLOSING & POSSESSION: On or before March 26, 2012.
TAXES: Prorated
to date of closing.
All announcements made day of
auction
take precedence over all previous
advertising.
LANCE WESTFALL, DEBBIE EIDE,
VICKI WESTFALL & THERESA SWISHER: Owners
Attorney:
Dale Sanderson,