55.87 Acres M/L Land Auction
118th Ave., Olin, IA
Thursday, June 10th, 11:00am
Auction to be held at the Lawrence Community Center, Anamosa, IA
Directions to land: From Hwy 38 go East on Co. Rd. E45 approx. 1.5 miles. Then North on 118th Ave. for approx. ¾ mile. Property on the East side
Currently 48.57 acres in crop, 5.97 in CRP acres. This would make an Excellent add on farm or nice smaller farm for the first-time buyer.
Tillable: 54.54 acres
CSR2: 86.5 HEL Status: NHEL
Taxes: $2,266.00 Gross (to be prorated to the date of possession)
Terms: Cash with 10% down non-refundable day of auction with signing of purchase agreement. Balance at closing in approximately 45 days with delivery of warranty deed and updated abstract. Buyer to receive 2nd half 2021 rent.
Possession: At Closing, subject to current rental contract. Buyer will be responsible for termination of current rental agreement by September 1, 2021 if they so choose.
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