TRACT 1: 44.57 Acres more or less  Farm #5068 - Tract # 2128

                    Located 2 miles North of Harlan on Hwy. 59 and 4 3\4 miles West on 1300th Street

 Legal Description: SW Fractional 1\4 of the SW 1\4 of Section 31, Township 80 North, Range 39 West of the 5th PM, Shelby County, IA containing 44.57 acres more or less

Farm Features: 43.1 cropable acres with a 31 acre cornbase and a 108 bushel direct & CC yield soybean base of 7.6 acres and a 37 bushel direct & CC yield

Farm Average CSR: 67.46

Taxes: $696.00

 

TRACT 2: 164.039 Acres more or less. Farm #5068 - Tract #2129 and Farm #2460 - Tract #2125

                    Located 2 miles North of Harlan on Hwy. 59 and 1\2 mile West on 1300th Street (North side of the road)

Legal Description:Parcel A of the S1\2 of Section 35, Township 80 North, Range 39, West of the 5th PM, Shelby County, IA. For complete legal with new survey details, check with the Shelby County Recorders. (instrument #2008-2549)

Farm Features:Tracts 2 and 3 will divide the government crop figures after final sale. Figures given are approximate. Total cropable acres: 307. Corn base: 183.8 Soybean Base: 102.5.  Direct and CC yield for corn is 107 and 108 bushels. Direct and CC yield for beans is 37 and 41 bushels.

Farm Average CSR: 67.31

Taxes: $2,827.00

 

 TRACT 3: 149.126 acres more or less. Farm #5068 - Tract #2130 and Farm #2460 - Tract #2125

                     Located 2 miles North of Harlan on Hwy. 59. (West side of the road).

Legal Description: Parcel C of the SE1\4 of Section 35, Township 80 North, Range 39, West of the 5th PM Shelby County, IA. For complete legal with new survey details, check with the Shelby County Recorder's office. (instrument #2008-2549)

Farm Features: See farm features of Tract 2 of government figures for Tract 3. Also Tract 3 has 3.8 acres in the CRP at a rental rate of $144.30 for a yearly payment of $548. CRP final payment is September 30, 2016.

Farm Average CSR: 60.33

Taxes: $2672.00

 

 TRACT 4: Acreage Site Containing 3.591 Acres more or less

                    Located 2 miles North of Harlan on Hwy. 59 and 1\2 mile West on 1300th Street (to be sold as one unit). Call for complete legal description

Acreage Features: A big beautiful 2 story farm house with plenty of spacious rooms. Acreage also has a nice barn for horses or 4-H calves. House has newer furnace, rural water, central air on main floor.

Auctioneers Note: Acreage will be sold "as is", "where is". There will be a right of way easement reserved through Tract 4 for the new buyer of Tract 3. Acreage will be shown by appointment only.

            To view acreage, please call Cletus Schmitz at 712-579-2246 or JR Pauley at 712-269-7777.

Taxes: $1,568.00

Terms on Acreage: 15% down day of sale. Balance due on December 12, 2008, when deed will be given. Possession will be given at date of closing. Taxes will be prorated to December 12, 2008

 

 TERMS FOR TRACTS 1,2 AND 3: 15% down day of sale. Balance due December 12, 2008 when deed will be given along with possession, subject to existing 2008 lease with present tenant. Farm lease has been terminated. Taxes will be prorated to December 12, 2008.

 

 AUCTIONEERS NOTE: All potential buyers may contact the Shelby County FSA for their own interpretation of farm contracts. All oral announcements made day of sale will take precedence over written material. The above information given is believed true, but not guaranteed by auctioneers or sellers. Sale subject to court approval.

 

 SPECIAL NOTE: These farms have been in the Schmitz's family for many years. Don't miss this opportunity to add some prime ground to your family farms. Farms have had excellent farming practices over the years and are in an excellent state of cultivation.