*FARM LAND AUCTION* 154.2 Acres M/L Layton TWP

POTTAWATTAMIE COUNTY, IOWA

Friday December 2, 2016 10:00 AM

*Sale Location: American Legion Hall, Walnut IA (227 Antique City Drive, Walnut IA 51577)

Property Location: 1 Mile South of Walnut Iowa on Hwy 83. West Side.

*ONE OF THE TOP FARMS IN SW IOWA*Mostly flat ridge farm with a CSR2 of 90.8. High producing land that is easy and convenient to

farm. Property includes an 11,000 bushel drying bin built in 1980 with a 1000 gal propane tank,

older swine style building with steel roof, and a functioning well.

The building and pasture lot have been rented out for several years for 4-H projects.

Legal Description: NW ¼ of Section 21, T-77-N, R-38-West of the 5th P.M.

(Layton Township, Pottawattamie County Iowa)

FSA Information: Farmland 154.38, Cropland 152.60. Corn Base 75.2, Soybean Base 73.9.

Farm #1988, Tract #9518. Corn PLC Yield 190, Soybean PLC Yield 49.

Court House Information: 154.2 Taxable Acres. Property Taxes $5,960 / Year

Buyer to have full Possession for 2017 Crop Year Auction flyer available on Auctionzip.com

TERMS: Successful Bidder will sign real estate contract immediately after the sale and deposit 10% of the total sale price, earnest money to be held in Broker Trust Acct. Balance

will be due on or before December 31, 2016 or January 15, 2017 which ever the Buyer prefers in exchange for Deed and Abstract showing merchantable title subject to any easements

of record. Possession to be given at closing. Buyer will be responsible for their own Title Opinion. Bids are not subject to finance. Financing arrangements must be made before

auction date. Property taxes prorated to closing date. Note: Property Connection Real Estate represents the Sellers at this auction. Any announcements made sale day will take Precedence over all printed material. All information provided was gathered from sources deemed reliable

but not guaranteed by Property Connection Real Estate. Bidders are urged to inspect the property and verify any information to their satisfaction.

Meister of Our Own Domain L.L.C., Owner

Dennis ‘Leroy’ Phillips Broker/Auctioneer 712-249-1606 Sale arranged and conducted by Property Connection Real Estate

510 Poplar St., Atlantic IA 50022 - Office 712-243-4408 ~ Fax 712-243-4356 Diane Milner / Agent 712-789-0580 ~ Jan Muller / Agent 712-249-1001 ~ Julie May / Assoc Broker 712-249-7975

Licensed in the State of Iowa phillips@metc.net