Wayne County, IA Land Auction

Wayne County, IA Land Auction

Monday, August 3, 2020  |  11:00 AM Central
Auction closed.
Wayne County, IA Land Auction

Wayne County, IA Land Auction

Monday, August 3, 2020  |  11:00 AM Central
Auction closed.
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Description

Make plans now for this upcoming Wayne County, Iowa land auction. This farm consists of a small amount of productive tillable farmland that is currently being utilized as a food plot for wildlife. The balance of the tillable farmland is income producing CRP. This farm is generally located south of Allerton, Iowa. If you are looking for a well managed hunting and recreational farm, we urge you to take a look at this one!

ACRES: 80 Acres+/- (1 Tract)

LOCATION: The Sapper Farm is located in Section 22, Warren Township, Wayne County, Iowa.

AUCTION TYPE: Virtual Online Only
Catalog Terms of sale
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Method and Terms

Lot # 0 (Sale Order: 1 of 2)      


The Sapper Farm will be sold in one (1) individual tracts based on the advertised acres.

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 3, 2020 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. Full possession will be given at the time of closing. There are no hunting leases associated with the farm. The CRP payment will be prorated to the  date of a recorded deed on the tract.

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".

SPECIAL PROVISIONS

  • This real estate is selling subject to public road easements and all other easements of record.
  • All fences and fence lines shall be governed by the Warren County and State of Iowa fence line rules and regulations.
  • It will be the responsibility of the new buyer(s) to show proof of purchase to the Warren County FSA Office so that he/she will receive any future government payments including the prorated share of the CRP payments. Buyers will be required to abide by said CRP contracts and hold sellers harmless of any contract non-compliance or damages.
  • If in the future a site clean up is required, it will be at the expense of the buyer.


CLICK HERE TO VIEW PURCHASE AGREEMENT


Representing Attorney:
Rick Lynch
Lynch Law Office
207 S Washington St.,
Bloomfield, IA 52537
Phone: (641) 664-3188


Auction Manager: John Probasco (641) 856-7355


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Tract 1 - 80 Acres+/-

Lot # 1 (Sale Order: 2 of 2)      

Quantity: 80

 

TRACT INFORMATION

  • FSA information should indicate 50.22 acres tillable, including 45.27 acres in CRP with a payment of $127.83 per acre expiring in 2022. The balance of the tillable acres are currently in hay production.
  • Soils include Zook-Olmitz-Vesser, Shelby & Olmitz.
  • CSR2 is 56.6 on the entire tract.
  • The balance of the farm offers excellent hunting and recreational acreage.
  • Access is on the east by 105th Street.
The purchase agreement will be adjusted to a quantity of 80 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 
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SOLD
$2,650.00 x 80 = $212,000.00 Total
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