Friday,
July 19, 2019
@ 10:00 am
Directions: North of
Kalona 1 mile on Hwy 1 to 110th St then West 1 mile.
Tract #1 & 2
will be sold at 110th
St
Location.
Tract
#1 consists of 72.64 acres M/L of highly productive
farmland. Well kept
up farmland with an average CSR of 84. Soil types include
Bremer, Nevin & Wiota silty clay loam, Koszta silt loam
& Otley & Mahaska silty clay loam terrace.
Taxes for 2017 were $2,290. Legal
Description: The West half of the Northeast Quarter of
Section 11, in Township 77 North, Range 8 West of the 5th
PM; Excepting therefrom the following: Commencing at the
Northeast corner of the Northwest Quarter of said Section 11;
thence East 92 feet, thence South 506.2 feet, thence West 92
feet, thence North 506.2 feet to the point of beginning and
containing 1.07 acres, as show in Plat Book 7, page 187 and
further excepting: Auditor’s Parcel I, containing 5.361 acres,
in the Southwest Quarter of the Northeast Quarter of Section 11,
as show by Plat Book 14, page 254; in Washington County, Iowa.
Directions:
From Kalona take Hwy 22 West 1 mile to Kola Ave then North ¼ mile
Tract
#2 consists of 18.37 acres M/L of highly productive
farmland which may have the possibility of future development.
Very fertile farmland with an average CSR of 88. Soil
types include Watkins, Koszta, Tuskeego silt loam & Bremer
silty clay loam. Taxes
for 2017 were $600. This
tract, and this tract only is subject to a Right of First
Refusal held by a neighbor under their purchased adjoining land.
This tract will be auctioned off to determine purchase price but
following the auction, neighbor has 30 days to agree to match
the auction price and if so the tract will be sold to them. If
they do not agree to match the auction price the tract will be
sold to the high bidder from the auction. Legal
Description: Commencing at the Northeast Corner of the
Northwest Quarter of the Southeast Quarter of Section 11, in
Township 77 North, Range 8 West of the 5th PM, thence
South 487 feet; thence West 300 feet; thence South 150 feet;
thence West 1026.5 feet; thence North 637 feet; thence East
1326.5 feet to the point of beginning and containing 18.37 acres
more or less; in Washington County, Iowa.
Friday,
July 19, 2019
@ 1:00 pm
Directions: From
Wellman take Ginkgo
Ave South 2 ¾ miles.
Tract
#3 consists of 68 acres M/L of very highly productive, fertile, prarie farm land. Well kept up
farmland with an average CSR of 84. Soil types include Taintor
silty clay loam & Mahaska silty clay loam.
Taxes for 2017 were $2,246.
Legal Description: The North Half of the Southwest fractional
Quarter of Section 31, excepting therefrom: Commencing at a
point 788.8 feet East of the Northwest corner of the Southwest
Quarter of said Section 31, thence East 177.65 feet thence S10°15’E
248.55 feet, thence S88°37’W 215.90 feet, thence N1°23’W
249.87 feet to the point of beginning, containging 1.12 acres,
as shown in Plat Book 8, Page 288, all in Township 77 North,
Range 8 West of the 5th PM; in Washington County,
Iowa.
Terms
for all tracts: Tracts will be selling lump sum. Buyer
must have pre-approved financing, 10% down day of sale with
signing of a purchase agreement. Balance to be paid in full at
closing September 27, 2019 at which time the deed and abstract
will be delivered and possession will be given. Taxes to be
prorated to the date of closing. There is no proration of
existing rent, buyer takes subject to existing farm tenants
rights to March 1, 2020. Not responsible for the accuracy of all
information. It is the buyer’s responsibility to verify
information.
Owner: Allie L. Guengerich Revocable
Trust
Trustees: Galen & Lowell
Guengerich
Sellers’ Attorney: Michael
J. Brenneman