HOME | October 20th 2018 Auction
641-653-2258 | PO Box 80 101 East 6th Street Hedrick, Iowa 52563

ROCK QUARRY & FARMLAND AUCTION

ROCK QUARRY
& FARMLAND AUCTION
2 TRACTS
SATURDAY, OCTOBER 20, 2018
10:00 AM

Land located in Sections 11, 12 & 13
Benton Township
Keokuk County, lowa
LYLE V. SMITH FAMILY TRUST OWNERS
Sale Conducted by AUCTION ASSOCIATES
Greg Millikin Auctioneer - 64I-777-6459
Sale to be conducted at the farm located approximately 2.5 miles north
of Hedrick, lowa.
DIRECTIONS: From Hwy. 149 in Hedrick go north on Lake Street
approximately 2.5 miles or from Hwy. 21 go east on 295th Street 3/4
mile. (Auction Signs Posted)


TRACT #1:
KEOKUK COUNTY TREASURER, ASSESSOR & FSA INFO:
★157.29 taxable acres
★$2,162/Vear net real estate taxes
★47.99 acres currently in Forest Reserve (Tax Exempt)
★196.19 acres farmland (approx. 3.5 acres incl. in Tract #2)
★81.72 acres cropland (approx 3.5 acres incl. in Tract #2)
★27.95 base acres corn with 131 bu. yield
★27.95 base acres soybeans with 51 bu. yield
CSR on majority of cropland range from the low 40's
to upper 50's

TRACT #2:
KEOKUK COUNTY TREASURER & ASSESSOR INFO: ★44.11 taxable acres
★$354/year net real estate taxes

ADDITIONAL INFO:
★Approx. 3.5 acres of cropland are on this tract and will have to
be split off after the sale.
★The currently closed Lyle Quarry is located on this tract with a
lease in place thru 2039.

TERMS:
20% down payment due day of sale. Balance due upon delivery of
abstract and deed on or before November 20, 2018. Real estate taxes
will be prorated to date of possession. Possession given upon
settlement subject to current farm lease and rock quarry lease. 2O19
farm rights will be that of the buyer.
THE SMITH FAMILY TRUST IS RETAINING ALL MINERAL RIGHTS ON
BOTH PARCELS

All announcements made day of sale take precedence over previous
advertising & information. lnformation is believed to be accurate;
however, interested parties should verify information to their
satisfaction.

TIM KUIKEN - ATTORNEY FOR THE TRUST


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