Smith & Pierschbacher
Auctioneering
Beaconsfield, Iowa

 

 

ABSOLUTE  LAND  AUCTION
SILAS S. HOFMANN ~ HUMESTON, IA.
MONDAY, MARCH 30, 2015 ~ 10:00 A.M.

Smith & Pierschbacher Auctioneering
Jim Smith, Beaconsfield, IA. ~ (641) 783-2687
Curt Pierschbacher, Kellerton, IA. ~ (641) 783-2230

Wagner-DentAuctions
Don Wagner ~ 641-931-6832 ~ Email - DonaldWagner44@Yahoo.com
Jason Dent ~ 515-231-5176 ~ Email - ImagineRodeo@gmail.com
Clerks Mary Ann Smith & Beverly McGinnis

AUCTION LOCATION ~ Community Center Humeston, Iowa

505 Acres, 5 tracts, 3% buyers premium, worth a LOOK!

LAND LOCATION - 65 miles South of Des Moines, IA on U.S. 65

Hofmann family practiced excellent conservation through their 50 plus years on the land. There are several 1,000 ft. of terraces and contour patterns.

Thelma Hofmann and Larry Van Werden Attorney Co. Executers for the Estate.
Larry Van Werden, Attorney and closing agent for the estate Osceola, Iowa.

3% buyer commission will be added to the hammer price on all 5 tracts.

Tract #1
205 acres M/L in Decatur Co. Iowa, T-70-N, R-24-W, Garden Grove Township, Sec. #1, fronting on 340th Ave. USDA figures show 207.75 acres of farm land, 184.62 acres crop ground with 23.10 acres in CRP paying $178.74/acres for annual payment of $4129.00. Contract expires in 2020 but Co. Executors have notified government officials that the estate may wish to opt out at buyers discretion. Balance of land is in grass, older building site and ponds. CSR2 average is $59.62 & taxes are $17.23/acre.

Terms on Tract #1, $150,000 down day of auction, possession for the 2015 crop year day of auction, with taxes prorated to date of full possession at closing in approximately 45-60 days. Balance will be due at closing.

Parcel #2 is 300 acres located in Wayne County, Iowa Richmond Township Section 6.

Tract #2 - Parcel A
Sub parcel A-West 79 acres m/l fronting on Vale Rd, NESW & SESW, taxes $1114 per yr, CSR2 average is 65.1, with approx. 14 acres in CRP paying $142.42 per acre.

Terms on Tract #2 Parcel A, $40,000 down day of auction, possession for the 2015 crop year day of auction, with taxes prorated to date of full possession at closing in approximately 45-60 days. Balance will be due at closing.

Tract #2 - Parcel B
Sub parcel B-middle 80 acres m/l fronting on Vale Rd, NWSE & NESE, taxes $646.00/yr, CSR2 average is $52.97, with approx. 15 acres in CRP paying $142.42/acre.

Terms on Tract #2 Parcel B, $40,000 down day of auction, possession for the 2015 crop year day of auction, with taxes prorated to date of full possession at closing in approximately 45-60 days. Balance will be due at closing.

Tract #2 Parcel C
Sub parcel C East 78 acres m/l fronting on Vale Rd, SWSE & SESE, taxes $732.00/yr, CSR2 average is 51.98, with approx. 14 acres in CRP paying $142.42/acre & 3.8 acres paying $218.65/ acre.

Terms on Tract #2 Parcel C, $40,000 down day of auction, possession for the 2015 crop year day of auction, with taxes prorated to date of full possession at closing in approximately 45-60 days.

This 78 acres is very attractive to many interests with mature trees, a pond, a hay shed/feeder and bordered by heavy timber. Possibilities are endless!
Balance will be due at closing.

Tract #2 Parcel D
Sub parcel D - 63 acres m/l fronting on a dirt road (Watraus, Lucas, Wayne Co. line), NWNE & SWNE, taxes are $630/yr CSR2 average is 61.42 with exactly 12 acres in CRP paying $142.42/acres/yr. This sub parcel joins Sub parcel B on the North Boundary.

Terms on Tract #2 Parcel D, $35,000 down day of auction, possession for the 2015 crop year day of auction, with taxes prorated to date of full possession at closing in approximately 45-60 days. Balance will be due at closing.

SILAS S. HOFMANN ABSOLUTE  LAND  AUCTION

Click Here To View Plat Maps & Photos Of The Land In This Auction

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Smith & Pierschbacher Auctioneering
Jim Smith, Beaconsfield, IA. ~ (641) 783-2687
Curt Pierschbacher, Kellerton, IA. ~ (641) 783-2230

Wagner-DentAuctions
Don Wagner ~ 641-931-6832 ~ Email - DonaldWagner44@Yahoo.com
Jason Dent ~ 515-231-5176 ~ Email - ImagineRodeo@gmail.com
Clerks Mary Ann Smith & Beverly McGinnis

 


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