Details for Absolute Farmland Auction, Jensen Estate

www.osbornauction.com

ELMER C. & FRANCES JENSEN ESTATE, OWNERS

ABSOLUTE FARMLAND AUCTION
FARMLAND SOLD IN 2 PARCELS

WEDNESDAY, NOV. 20, 2019 @ 9 A.M.

SALE LOCATION: Therkildsen Activity Center 1103 Victoria St. – Harlan, IA

169.49 ACRES M/L - SHELBY COUNTY
PARCEL 1 – 122.4 ACRES M/L

(Shelby Twp – Section 10; The acreage has been surveyed off and sold years ago.)
FSA INFORMATION: Cropland Acres: 119.32
Acre Corn Base: 97.10 • PLC Yield: 171
Acre Soybean Base: 16.8 • PLC Yield: 48
CSR2: 75.15 • Terraces: Yes
TAxES: Approx. $3494/yr. Sellers agree to pay all taxes prorated
to date of possession. CRP: There is a CRP contract on Parcel 1
of .97 acres witha start date of Oct. 1st, 2017 and runs through
Sept. 30th,2027 with annual payment of $291.

PARCEL 2 – 47 ACRES M/L

(Subject to survey. Shelby Twp. Section 3)
FSA INFORMATION: • CSR2: 71.44
Cropland Acres: 41 M/L (subject to survey)
Acre Corn Base: (subject to survey) • PLC Yield: 171
Acre Soybean Base: (subject to survey) • PLC Yield: 48
TAxES: Approx. $1251/yr. Sellers agree to pay all taxes
prorated to date of possession. CRP: There is a CRP contract
on Parcel 2 of 1.75 acres with a start date of Oct. 1st,2013 and
runs through Sept. 30th, 2023 with annual payment of $588.
TERMS: The successful bidder or bidders will sign a purchase
agreement on the day of the sale at which time put 15% down
payment with the balance due on Dec. 20th, 2019. New owner
will take full possession on March 1st, 2020.
AUCTION CONDUCTED BY: OSBORN AUCTION LLC, Walnut/Harlan, IA
Mitch Osborn, 712-579-4824 • John Clayton, 712-249-1024
Curtis Osborn, 712-246-8722 • www.osbornauction.com

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