REAL ESTATE AUCTION
80 m/l ACRES APPROX. 76 TILLABLE
5685 WAPELLO AVE LONE TREE, IOWA
THURSDAY DECEMBER 3, 2015 @ 6:45 PM
LONE TREE AMERICAN LEGION (300 N Devoe St)
DIRECTIONS TO FARM: ON HWY 22 East of Lone Tree 2 miles then North 1.5 Mi on Wapello Ave to 5685 OR On X-14 North 2 mi to 540th St, East 2 mi to Wapello Ave then south ¼ mi. to 5685
Records show 40 acres w/avg CSR of 89.8 & 39 acres w/avg CSR of 83.86
1500+ SF rented Farm House, Barn, Machine shed, Garage and 3-20’ Steel Grain bins
TERMS: 10% Down Payment upon signing of Purchase agreement day of auction. Balance due upon delivery of Deed and Abstract showing merchantable title at time of closing. Closing to occur on or before January 10, 2016.
Farmland Possession March 1, 2016
House and Buildings Possession will be given at time of closing
Taxes pro-rated to date of closing.
2014 tax records show:
$1911.35 Gross Taxes on 39 acres, House and buildings,
$999.72 Gross Taxes on 40 acres tillable
2015 crop, soybeans, Fences are out and this is a ONE FIELD farm.
2016 Farming rights transfer with Possession.
House is currently rented for $450/Mo
Janet Forbes, Owner
Don Diehl, Attorney for seller
Brent Wears, CAI, AARE, CES, ATS Phone: 319-624-3779
Overview
Under Contract: No