515-993-4159 d_auction@hotmail.com

40Acres m/ Madison County, IA At Auction 12-12-17 At 10:00am~ Earlham, IA

December 12, 2017 @ 10:00 am
Earlham Community Center
150 E 1st St
Earlham, IA 50072
Tuesday, December 12, 2017
10:00 a.m.
Earlham Community Center
150 E. 1st. St. Earlham, Iowa
Location from Earlham: 1288 Cottonwood Ave., Dexter Iowa
2 3/4 miles west (of Earlham) on G-14 to P53 pavement (Pitzer Road) 2 ½ miles south to 130th St. 1 mile west.
General Description:
Offering 40 acres more or less in 2 Parcels. Parcel #1 will be offered first on a per acre basis with the top bidder having the right to purchase Parcel #2 at the same per acre basis. In the event the winning  bidder declines Parcel #2, Parcel #2 will be offered and sold separately. 
Parcel #1: 
22 deeded acres more or less of which FSA reports 19.14 acres tillable land.
Balance in waterway & creek bed.
CSR2 Ratings: 82.5
Predominate Soil Types: Sharpsburg silty clay loam & Colo 
Taxes: $487.22
Parcel #2:
18 deeded acres more or less of which FSA reports 9.07 acres tillable. Balance is in older building site including 2 story house and outbuildings with frontage to Cottonwood Ave. 
CSR2 Ratings: 85
Predominate Soil Types: Sharpsburg silty clay loam & Colo
Gross Taxes: $857.88
Terms: Cash, 10% down payment day of auction with balance due at closing on or before  January 12, 2018. Sold subject to Tenant’s Rights for 2018 crop year. 
Frederick H. Clausen Estate
Daugherty Auction and Real Estate Services, LLC
Chad Daugherty ~ Owner/Auctioneer
Kelly Daugherty ~ Auctioneer
Adel, Iowa (515) 993-4159 ~ d_auction@hotmail.com
See us on the web at www.daughertyauction.com
North River Realty, Broker
Sam Braland, Earlham, Iowa ~ Closing Attorney 

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