The Hines Farm will be sold in two (2) individual tracts based on the acres found in this brochure. Tract 1 will be sold first for a lump sum total dollar amount, followed by Tract 2 which will be sold on a price per acre basis. The farm will NOT be offered in its entirety or in any combinations. Bidding is NOT contingent upon financing, an appraisal or inspection.

Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 30 days, on or before Monday, November 28, 2022 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. Full possession will be given at the time of closing. Subject to the Iowa Septic System Law, this property is held in an estate, therefore is exempt from any septic system testing or upgrades. Any future septic system testing or upgrades will be at the buyer(s) expense.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold "as is".

CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT 

CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT

CLICK HERE TO VIEW RESIDENTIAL PROPERTY DISCLOSURE

Megan Hines Estate
Cathy Watson - Executor 
Tamara Behne
 

Representing Attorney:
Christopher Wallace  |  Anderson, Roberts, Porth, Wallace, Stewart & Werner LLP
524 N. Main St., Burlington, IA 52601  |  (319) 754-7585

Auction Managers:
Jim Huff (319) 931-9292
Jeff Hoyer (319) 759-4320

• This tract is improved with a large 2-story country home that includes 5 bedrooms, a single bath and offers 1,910 sq. ft. of living area. The home includes a large family room overlooking a nearly 2 acre pond. A GFA furnace provides the heat source for the dwelling with central air and the water supply is provided by a well.
• There is a 2 car detached garage and other useable outbuildings on the property.
• FSA information indicates 4.02 acres of tillable cropland, currently in CRP with a payment of $240.00 per acre expiring in 2032. The balance of the parcel is in the homestead and wooded draws.
• Access is on the south by 50th St. via a recorded 30' ingress/egress easement.

• FSA information indicates 11.08 acres of tillable cropland of which 10.21 acres are in CRP with a payment rate of $245.77 per acre expiring in 2026. The balance of the tract is in wooded draws and timber areas offering attractive hunting & recreational acreage.
• Fayette & Klum soils.
• CSR2 is 59.4
• Access is on the north by 50th St.