SOLD! - Tract 1 $3050/acre, Tract 2 $2360/acre
IOWA FARM AUCTION
194 Acres - Clay County - 74 acres and 120 acres - Summit Township

Location: 4 mi west of Fostoria then 1 mi south and 1 mi west (corner of 290th St. and 170th Ave.)

Legal: Tract One: South Half (S1/2) of the Southeast Quarter (SE1/4) of Section Seven (7), Township Ninety-seven (97) North, Range Thirty-seven (37) West of the 5th PM in Clay County, Iowa minus two improved tracts. Contains 74 acres more or less.

Legal: Tract Two: East Half (E1/2) of the West Half (1/2) of the Northeast Quarter (NE1/4) and the East Half (E1/2) of the Northeast Quarter (NE1/4) all in Section Eighteen (18), Township Ninety-seven (97) North, Range Thirty-seven (37) West of the th PM in Clay County, Iowa. Contains 120 acres more or less.

Tract One - 74 Acres (more or less) An unimproved all tillable farm that varies from level to nearly level farmland. The tillable cropland is one field of 70.29 crop acres. The two building sites are not included in this sale. The farm is bordered by a gravel road on the south (290th St.)

Tract Two - 120 Acres (more or less) An unimproved nearly level to gently rolling tract of farmland. The 116.1 crop acres are located in one large field. The farm is bordered on the east by a gravel road (170th Ave.) and by a gravel road on the north (290th St.)









Soils: Talcot, May City, Wadena, Biscay, Cylinder, Terril

Ave CSR: Tract 1- 53.9, Tract 2 - 48

Possession: at close, subject to a leased for 2010 crop year

RE Taxes: Tract 1 - $1090.00, Tract 2 - $1552.00

Terms: 10 percent down day of sale. Balance at close on or before April 30, 2010.

Brokers Note: Jon Hjelm/The Acre Co. is please to be selling the former Johnson farms at public auction. Here is a great opportunity to purchase two affordable all tillable farms. To be offered in two separate tracts – no combinations. This sale is subject only to the approval of the sellers at the auction. See you sale day!