Auction Information
150 Acres in Ruthven, IA
150 ACRES - Logan Township
Clay County, Iowa
Sale Information
Auction Date: Thursday, April 4, 2013 at 10:00 A.M.
Auction Location: Ruthven Social Center, 1503 Rolling Street, Ruthven, Iowa
Location: 5 miles south of Ruthven, Iowa on N-18.
Documents and Maps:
Click 'Helpful Files' tab to access Sale Bill and Maps
Legal Description
The Northeast Quarter (NE 1/4) of Section Thirteen (13), Township Ninety-five (95) North, Range Thirty-five (35), West of the 5th P.M., Clay County, Iowa, excluding a 10 acre building site.
Method of Sale
Parcels A and B will be sold with successful bidder having choice of either or both parcels.
Combined FSA
Total Acres: 150.0 m/l; Parcel A: 80.0 m/l; Parcel B: 70.0 m/l
Tillable Acres: 144.0; Parcel A: 77.0; Parcel B: 67.0
CRP Acres: 1.8 ac.
Corn Base: 75.4 ac.
Corn DD/CC Yield: 110/137 bu.
Soybean Base: 74.4 ac.
Soybean DD/CC Yield: 34/41 bu.
Averag...
Average CSR
66.0; Parcel A: 64.4; Parcel B: 67.5
Improvements
Wind Tower: Wind tower is located on Parcel A. Wind tower easement payments will be prorated to April 1, 2013.
Real Estate Taxes
Taxable Acres: 146.0; Parcel A: 79.0; Parcel B: 67.0
Taxes: $3278; Parcel A: $1746; Parcel B: $1532
Terms
10% earnest money down day of sale. Balance due at closing on or before May 3, 2013. Real estate taxes to be prorated to December 31, 2012. All final bids are subject to approval of Seller.
Possession
Possession is subject to a cash lease for 2013. Buyer will receive 100% of the 2013 rent.
Comments
Midwest Land Management is pleased to be selling the Stephas Family farm at public auction. This a great opportunity to buy a 70, 80 or 150 acre, mostly-tillable farm and have the added income from the wind tower located on Parcel A. We look forward to seeing you at the auction.
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