MGW Real Estate Information

The Murdock Property
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Price : $495,000 Sold
County: Muscatine

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Contact Details -
Mark T. Mommsen  (Agent)
Phone: 815-756-3606
Mobile:  815-901-4269
Email: Mark.Mommsen@mgw.us.com

Property Details
Location: The subject farm is located approximately 22 miles west of Quad City International Airport. Nearby cities include: Muscatine (3 miles west), Durant (8 3/4 miles north), and Davenport (14 1/2 miles east). The property address is 3131 New Era Road, Muscatine, IA 52761.
Frontage: There is approximately 1/4 mile of road frontage on New Era Road.
Major Highways: Iowa Highway 22 is 1 3/4 miles south, U.S. Route 61 is 2 miles north, Iowa Highway 38 is 4 miles west, and Iowa Highway 92 is 5 miles southwest of the property.
Legal Description: A brief legal description indicates The Murdock Property is located in Part of the Southwest Quarter of Section 15, Township 77 North - Range 1 West (Sweetland Township), Muscatine County, Iowa.
Total Acres: There are a total of 84.55 acres, more or less, according to the Muscatine County Assessor's Office.
Tillable Acres: There are approximately 25.5 tillable acres currently in production, estimated. Approximately 4.07 additional acres, estimated, are currently in grass and could be placed in crop production.
Soil Types: Major soil types found on this farm include Fayette silt loam and Rozetta silt loam.
Topography: The topography of the subject farm is level to rolling.
Mineral Rights: All mineral rights owned by the seller will be transferred in their entirety to the new owner.
Possession: Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
Price and Terms: The asking price is $495,000. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase.
Financing: Mortgage financing is available from several sources. Names and addresses will be provided upon request.
Taxes: The 2015 real estate taxes totaled $2,880. The tax parcel numbers are #0915300002, #0915300004 and #09222100002.
Grain Markets: There are a number of grain markets located within 15 miles of The Murdock Property.
Zoning: The Murdock Property is zoned A-1, Agricultural District.
Comments: Excellent hunting and recreational opportunities. Property is improved with a three-bedroom home, oversized two-car garage and two stocked ponds. Sweetland Creek travels through the property.
 
Soils Information
Soil # Soil Name Approx Acres CSR CSR2
M163C2 Fayette silt loam 6.6 76
623C2 Rozetta silt loam 6.1 68 76
930 Orion silt loam 5.4 75 72
481D2 Russell silt loam 4.26 63 53
480D2 Orwood silt loam 1.7 53 52
2636 Radford-Hanlon silt loams 0.76 25 5
65D2 Lindley loam 0.5 38 47
M163C2 Fayette silt loam 0.18 47
    Total: 25.5    

TOTAL ACRES - 84.6 acres, more or less
TILLABLE ACRES - 25.5 acres, or 30.2% per FSA figures
CSR - -
CSR2 - 66.8, based on tillable acres
COMPARABLE CSR2 - 20.2, based on total acres

Disclaimer : Although the information contained in this brochure is considered to be accurate, no representation or warranty to that effect is being made. The information contained herein is subject to verification, and no liability for errors or omissions is assumed. The listing may be withdrawn with or without notice, and the stated price and terms are subject to change without notice or approval. The Seller further reserves the right to reject any and all offers. All inquiries, inspection appointments, and offers must be channeled through the Seller’s Designated Agent.