Iowa's Farm Land Auctioneers

Thursday – December 18, 2008 – 10:00 am
Dickens Community Center, Dickens, Iowa

Tract 1 - SOLD! - $4,020/acre
Legal: South Half (S1/2) and Northeast Quarter (NE1/4) all in the Southeast Quarter (SE1/4) in Section Six (6), Township Ninety-four (94), Range Thirty-five (35) West of the 5th PM Clay County, IA.

Land Description: Unimproved nearly all tillable tract of nearly level to gently rolling farmland. The 115.5 crop acres are in several fields divided by a waterway that crosses the northeast part of the farm. County drainage tile also crosses the northeast part of the farm. The farm is bordered by county blacktop M54 on the east and a gravel road (460th St.) on the south.

Soils: Nicollet, Clarion and Webster.

Average: CSR 73.2

RE Taxes: $1928.00 estimated annually. Real Estate taxes will be prorated to January 1, 2009.

Tract 2 - SOLD! - $2,650/acre
Legal: Part of the fractional Southwest Quarter (SW1/4) of the Northwest Quarter (NW1/4) and the ‘West Half of the Southwest Quarter (SW1/4) all in Section Six (6), Township Ninety-four (94), Range Thirty-five (35) West of the 5th PM Clay County, IA – minus a 9.2 acre acreage.

Land Description: An unimproved rectangular tract of nearly level to rolling farmland. The 99.5 tillable acres are in several fields. 50 acres are currently used for row crops along the west road and 49.5 acres are seeded to hay. The Alger farm contains 31.3 acres of pasture. The farm is bordered by gravel roads, 460th St. on the south and 280th St. on the west. The 50 acres of row crop are available for the 2009 crop year. The hay ground and pasture are rented for the 2009 crop year with the Buyer to receive all rents. The improved 9.2 acre acreage is not included in this tract.

Soils: Clarion, Webster, Coland and Nicollet.

Average: CSR 64.4

RE Taxes: $2000.00 estimated annually. Real Estate taxes will be prorated to January 1, 2009.

Tract 3 - SOLD! - $2,350/acre
Legal: North Half (N1/2) of the Northwest Quarter (NW1/4) in Section Ten (10), Township Ninety-five (95), Range Thirty-five (35) West of the 5th PM Clay County, IA .

Land Description: An unimproved rectangular tract of nearly level farmland. The 74.2 acres of cropland are all in one contiguous field. This tract is in county Drainage District S2 and is crossed with a 12” county tile in the southeast part of the farm. A 2.3 acre grove and building site has been cleared. The Alger farm is bordered by blacktop N14 on the west and a gravel road (400th St.) on the north.

Soils: Wadena, Clarion, Talcot, and Moneta.

Average: CSR 56.6

RE Taxes: $1048.00 estimated annually. Real Estate taxes will be prorated to January 1, 2009.

Possession: Sale day with 10 percent down. Possession of the hay and pasture land on Tract 2 is subject to a cash lease for 2009.

Terms: 10 percent down sale day on a contract for deed. Balance on contract due February 10, 2009. Real estate taxes prorated to Dec.18, 2008.

Brokers Note: Jon Hjelm / Acre Co is pleased to be selling the Alger Clay County farms at auction. Here is your chance to buy a 120 acre farm on a blacktop with reputation soils or a farm that is a combination of cropland and pasture or an attractive nearly all tillable 80 acre farm. All tracts to be sold separately. The sale is subject only to the approval of the Seller the day of the auction. See you sale day!

William O. Alger & Connie Peters, Owners

Attorney: R.W. Sackett, Sackett and Sackett, Milford, Iowa.

Broker / Auctioneer: Jon Hjelm / The Acre Co. 712-240-3529

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