Louisa County, IA Land Auction - Meeker

Louisa County, IA Land Auction - Meeker

Wednesday, August 11, 2021  |  10:00 AM Central
Auction closed.
Louisa County, IA Land Auction - Meeker

Louisa County, IA Land Auction - Meeker

Wednesday, August 11, 2021  |  10:00 AM Central
Auction closed.
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Description

146.89 Taxable Acres • 1 Tract

The Meeker Farm is located in Section 17, Morning Sun Township, Lousia County, IA. (4½ miles northwest of Morning Sun, IA or 25 miles northeast of Mt. Pleasant, IA) At the west edge of Morning Sun, IA on St. Hwy. 78 go west 1 mile to O Ave. Turn right or north/northwest and proceed 2½ miles to 45th St. Turn left or west and go 1¼ miles to the farm. (Be watching for presale directional signs)

Auction Managers: Jim Huff (319) 931-9292 & Jeff Hoyer (319) 795-4320
Catalog Terms of sale
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Method and Terms

Lot # 0 (Sale Order: 1 of 2)      


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

The Wilna Meeker farm will be sold in one (1) individual tract on a price per acre basis, based on the advertised acres found in this brochure. 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, September 13, 2021 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, subject to the current farm lease with the tenant for the 2021 crop year. Farm sells with full farming rights for the 2022 crop year. 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 PURCHASE AGREEMENT


The Wilna Meeker Farm
Barbara Rechkemmer and Sherrie Meeker Brewer Trust - Owners

Representing Attorney: 
Phil McCormick
Whitfield & Eddy Law
110 N. Jefferson Street #101
Mt. Pleasant, IA 52641
(319) 385-9522

Auction Managers: 
Jim Huff (319) 931-9292
Jeff Hoyer (319) 795-4320
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Tract 1 - 146.89 Taxable Acres+/-

Lot # 1 (Sale Order: 2 of 2)      

Quantity: 147

 
  • FSA information indicates 141.38 acres tillable, the balance is a timber draw in the eastern portion of the farm.
  • Highly productive Mahaska, Hedrick & Taintor soils.
  • CSR2 is 84.5!
  • This tract is improved with a small amount of field drainage tile.
  • Access is on the west by R Ave. & on the north by 45th St. (A level B road)

The purchase agreement will be adjusted to a quantity of 146.89 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.

 
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Sold for: USD 12,100.00
$12,100.00 x 147 = $1,778,700.00
Total Bid: USD 1,778,700.00

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$12,100.00 x 147 = $1,778,700.00 Total
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