Henry County, IA Land Auction - McCormick

Henry County, IA Land Auction - McCormick

Wednesday, June 22, 2022  |  1:00 PM Central
Auction closed.
Henry County, IA Land Auction - McCormick

Henry County, IA Land Auction - McCormick

Wednesday, June 22, 2022  |  1:00 PM Central
Auction closed.
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Description

355.09 Acres+/- • 6 Tracts

Farmers and Investors, mark your calendars now for this prime southeast Iowa land auction. These farms offer highly productive Mahaska & Taintor soils and feature outstanding CSR2s in the high 80s – 90s! All tracts are situated in the well-known areas of Marion & Canaan Townships in Henry County, Iowa and are ideally located in close proximity to Mt. Pleasant, Iowa. This is an auction you will not want to miss!

The McCormick land is located in Sections 12, 13, 24 & 25, Marion Township & Section 18 & 29, Canaan Township, Henry County, Iowa. (5 miles northeast of Mt. Pleasant, Iowa)

MANAGED BY
Jim Huff (319) 931-9292
Jeff Hoyer (319) 759-4320
Catalog Terms of sale
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Method & Terms

Lot # 0 (Sale Order: 1 of 7)      


This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-6.

The McCormick farm will be sold in six (6) individual tracts. Tracts 1 - 5 will be sold on a price per acre basis, based on a survey that is currently in progress. Tract 6 will be sold based on deeded acres. All six (6) tracts will be sold through the marketing method of "Buyer's Choice", whereas the high bidder can take any or all tracts for their high bid.  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 Wednesday, July 20, 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. The real estate taxes will be prorated to the date of closing. Possession will be given at the time of closing. Full possession will be given upon removal of the 2022 crops. For details contact the auction company.

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 SURVEY PLAT

CLICK HERE TO VIEW TRACT 1 SURVEY PLAT - AERIAL OVERLAY

CLICK HERE TO VIEW TRACT 2 SURVEY PLAT 

CLICK HERE TO VIEW TRACT 2 SURVEY PLAT - AERIAL OVERLAY

CLICK HERE TO VIEW TRACT 3 SURVEY PLAT

CLICK HERE TO VIEW TRACT 3 SURVEY PLAT - AERIAL OVERLAY

CLICK HERE TO VIEW TRACT 4 SURVEY PLAT

CLICK HERE TO VIEW TRACT 4 SURVEY PLAT - AERIAL OVERLAY

CLICK HERE TO VIEW TRACT 5 SURVEY PLAT

CLICK HERE TO VIEW TRACT 5 SURVEY PLAT - AERIAL OVERLAY


CLICK HERE TO VIEW TRACT 2 TILE MAP

CLICK HERE TO VIEW TRACT 5 TILE MAP


CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 3 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 4 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 5 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 6 PURCHASE AGREEMENT


Patrick McCormick Estate
Philip McCormick & John T. McCormick, Co-Executors

JMDMPM LLC
Mark A. & Margaret E. Gardon


Representing Attorney:
Philip D. McCormick
Whitfield & Eddy Law
111 ...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

PASSED

You've been outbid ! to YOU!

This lot was not sold.

Placing your bid. please wait...

Reserve Not Met

Tract 1 - 100.62 Surveyed Acres

Lot # 1 (Sale Order: 2 of 7)      

Quantity: 101

 
  • FSA information indicates 98.87 acres of tillable cropland.
  • Highly productive Mahaska & Taintor soils.
  • CSR2 is 86.6!
  • This tract is improved with a large amount of field drainage tile.
  • Access is on the south by 185th St.
  • Estimated Real Estate Taxes: $4,091.00

The purchase agreement will be adjusted to a quantity of 100.62 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 15,800.00
$15,800.00 x 101 = $1,595,800.00
Total Bid: USD 1,595,800.00

You've been outbid  to r****r! to YOU!

Placing your bid. please wait...

$15,800.00 x 101 = $1,595,800.00 Total

Tract 2 - 74.07 Surveyed Acres

Lot # 2 (Sale Order: 3 of 7)      

Quantity: 74

 
  • FSA information indicates 73.07 acres of tillable cropland.
  • Highly productive Taintor & Kalona soils.
  • CSR2 is 81.5!
  • This tract is pattern tiled in the western portion (see map in Lot #0).
  • Access is on the south by 190th St., or on the west by Marsh Ave. via a driveway that will require construction. Said driveway costs will be at the buyer's expense.  
  • Estimated Real Estate Taxes: $2,900.00

The purchase agreement will be adjusted to a quantity of 74.07 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 16,000.00
$16,000.00 x 74 = $1,184,000.00
Total Bid: USD 1,184,000.00

You've been outbid  to b****s! to YOU!

Placing your bid. please wait...

$16,000.00 x 74 = $1,184,000.00 Total

Tract 3 - 37.25 Surveyed Acres+/-

Lot # 3 (Sale Order: 4 of 7)      

Quantity: 37

 
  • FSA information indicates 36.34 acres of tillable cropland.
  • Highly productive Taintor & Mahaska soils.
  • CSR2 is 87.0!
  • This tract is improved with terraces with drainage tile inlets. 
  • Access is on the east by Logan Ave. & on the south by 195th St.
  • Estimated Real Estate Taxes: $1,482.00

The purchase agreement will be adjusted to a quantity of 37.25 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 16,000.00
$16,000.00 x 37 = $592,000.00
Total Bid: USD 592,000.00

You've been outbid  to b****s! to YOU!

Placing your bid. please wait...

$16,000.00 x 37 = $592,000.00 Total

Tract 4 - 62.94 Surveyed Acres+/-

Lot # 4 (Sale Order: 5 of 7)      

Quantity: 63

 
  • FSA information indicates 60.24 acres of tillable cropland.
  • Highly productive Mahaska & Taintor soils.
  • CSR2 is 86.3!
  • This tract is improved with some field drainage tile in the northern portion.
  • Access is on the west by Logan Ave.
  • Estimated Real Estate Taxes: $2,518.00

The purchase agreement will be adjusted to a quantity of 62.94 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 16,000.00
$16,000.00 x 63 = $1,008,000.00
Total Bid: USD 1,008,000.00

You've been outbid  to b****s! to YOU!

Placing your bid. please wait...

$16,000.00 x 63 = $1,008,000.00 Total

Tract 5 - 40.21 Surveyed Acres

Lot # 5 (Sale Order: 6 of 7)      

Quantity: 40

 
  • FSA information indicates 40.06 acres of tillable cropland.
  • Highly productive Mahaska & Taintor soils.
  • CSR2 is 90.6!
  • This tract is improved with a large amount of field drainage tile.
  • Access is on the west by Logan Ave.
  • Estimated Real Estate Taxes: $1,689.00

The purchase agreement will be adjusted to a quantity of 40.21 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 16,100.00
$16,100.00 x 40 = $644,000.00
Total Bid: USD 644,000.00

You've been outbid  to s****3! to YOU!

Placing your bid. please wait...

$16,100.00 x 40 = $644,000.00 Total

Tract 6 - 40 Deeded Acres+/-

Lot # 6 (Sale Order: 7 of 7)      

Quantity: 40

 
  • FSA information indicates 37.12 acres of tillable cropland.
  • Productive Otley & Nira soils.
  • CSR2 is 83.3!
  • This tract is improved with terraces with drainage tile inlets.
  • Access is on the west by Nebraska Ave.
  • Estimated Real Estate Taxes: $1,522.00

The purchase agreement will be adjusted to a quantity of 40 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 9,600.00
$9,600.00 x 40 = $384,000.00
Total Bid: USD 384,000.00

You've been outbid  to j****4! to YOU!

Placing your bid. please wait...

$9,600.00 x 40 = $384,000.00 Total
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1.178.0.771.56c32e2.11.144