Farmland Auction Ryan, IA February 13, 2019

Farmland Auction – Vern Ann Baxter Estate

Wednesday, February 13th, 2019 @ 10:00AM

Location of Farm: 2899 140th Ave Ryan, IA 52330

From Hwy 13 on the North side of  Ryan go West on County Rd D47 (300th ST) 2 miles to 140th Ave then north 1 mile to 2899.

Location of auction:  Hoge Auctioneering facility @ 5675 HWY 13 Coggon, IA 52218

This 400 acre farm located in Delaware County IA, in Adams township, sections 3&10 has a 77.9 CSR2 average.  There is approx. 384.5 acres M/L tillable acres, which includes 24.5 acres of buffer strips and waterways receiving CRP payments.  The whole farm is considered NHEL. 56% of soils include Clyde-Floyd and Kenyon Loam. Approx. 280 acres are 85+ CSR2. Buyer will assume all CRP payments for the 2019 crop year.  This farm also features approx. 85,000 bu. Grain storage and dryer system. There is a living contingency involving the house and buildings.

Gross Taxes: $15,715.75

 Grain storage/Dryer bins:  Storage Size

  Storage    31,841 bu 42ftx26ft

                          Dryer 12,383bu 30ftx20ft

                          Storage 12,383bu 30ftx20ft

                          Storage 12,383bu 30ftx20ft

                          Storage 7,838bu 24ftx20ft

                          Dryer 7,838bu 24ftx20ft

2-14×60 concrete stave silo

1- 14×40 tile silo

40×60 barn

36×40 lean-to

32×12 barn

30×90 machine shed

CRP Payments:

16.7 acres of buffer strips, 80ft on each side of drainage ditch. Contract expires 9-30-19

Waterways:

7.1 acres of waterways west of the drainage ditch. Expires 9-30-23

.77 acres SE of drainage ditch. Expires 9-30-21

FSA office is closed so we don’t have solid payment prices on these contracts

The living contingency consists briefly of: The daughter of the estate and her husband get to live in the house and have use of the buildings until they die. They will pay the taxes and insurance on the house, mow the grass and maintain the septic and well.

For further info and more details on this contact Richard Baxter (Executer) 319-360-2214

Attorney for seller: Amanda Erickson 115 3rd St SE, suite 1200 Cedar rapids, IA 52401

Terms: 10% non refundable down payment day of auction paid to sellers attorney,  w/balance due on or before March 13, 2019 at which time the deed & abstract will be delivered.  TAXES: prorated to date of closing. Buyer assumes 100% liability of fulfilling the CRP contract and releases seller of any and all responsibility of CRP.

Farm is leased for the 2019 crop year w/lease payment going to buyer. 1st half payment will be received at closing. 2nd half payment on October 15, 2019.

Vern Ann Baxter Estate

Executor: Richard Alan Baxter

Attorney: Amanda Erickson – 115 3rd St SE, suite 1200, Cedar Rapids, IA 52401

Note: Hoge Auctioneering LLC shall assume no liability for any errors, omissions, or inaccuracies in the information provided. All critical information shall be independently verified.  FSA office was closed due to the government shutdown at the time of initial advertisement. If any further info is gathered between now and the auction, it will be updated on the website.

All verbal announcements the day of the auction take precedence over previous advertising.

Email: hogeauctioneering@gmail.com

Auctioneer: Andy Hoge 319-435-2302

Restroom available

Conducting all types of auctions! Your place or mine!

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