Jefferson County, Iowa Land & Real Estate Auction

Jefferson County, Iowa Land & Real Estate Auction

Friday, April 10, 2020  |  10:00 AM Central
Auction closed.
Jefferson County, Iowa Land & Real Estate Auction

Jefferson County, Iowa Land & Real Estate Auction

Friday, April 10, 2020  |  10:00 AM Central
Auction closed.
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Description

Internet bidding will open when auction begins.

Farm Land sells at 10am
Real Estate sells at approx. 10:30am (or following the conclusion of the farm land auction)

The Nelson Trust Farm is located in Section 34, Walnut Township, Jefferson County, IA. At the northwest edge of Lockridge, IA take Co. Rd. W40 north 5 1/2 miles to 160th Ave. Turn right or east and go 1 mile to the farm.

The Nelson Real Estate Property is located at 1809 Spruce Ave., Fairfield, Iowa. (In the small village of Salina, Iowa.) Physical Address: 1809 Spruce Ave. Fairfield, IA 52556
Catalog Terms of sale
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Farmland Method & Terms

Lot # 0 (Sale Order: 1 of 4)      


The Nelson farm will be sold based on the advertised taxable acres on a price per acre basis. Bidding is NOT contingent to financing.

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, May 11, 2020 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder 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 on both tracts. Upon the receiving the 10% down payment and proof of liability insurance, early procession will be granted for TILLAGE PURPOSES ONLY. This tract sells free and clear for the 2020 crop season.

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 Jefferson 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 Jefferson County FSA Office so that he/she will receive any future government payments.
  • If in the future a site clean up is required, it will be at the expense of the buyer.

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 FOR PURCHASE AGREEMENT

Representing Attorney:
Michael C. Vance
Vance Law Office
101 N. Jefferson St., PO Box 469
Mt Pleasant, IA 52641
Phone: (319) 385-3736


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Tract 1 - 105.42 Taxable Acres+/-

Lot # 1 (Sale Order: 2 of 4)      

Quantity: 105


Tract 1 - 105.42 Taxable Acres+/-

  • FSA information indicates 69.55 acres tillable with the balance in waterways and timber draws.
  • Soils include Clinton, Lindley & Galland-Douds.
  • CSR2 is 38.8 (41.9 on tillable acres)
  • This tract is improved with recent terrace & tile inlet installation and there are 3 ponds located on the property. Other improvements include an 11,000 bu. grain bin w/ a new drying fan and unload auger & 4 ton of lime has recently been applied.
  • Access is on the south by 160th St. and the east by Walnut Ave.
  • Estimated Real Estate Taxes: $1,364.00

The purchase agreement will be adjusted to a quantity of 105.42 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 
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SOLD
$3,075.00 x 105 = $322,875.00 Total

Country Acreage & Home Method and Terms

Lot # 3 (Sale Order: 3 of 4)      


The Nelson property will be sold for a lump sum total dollar amount. Bidding is NOT contingent to financing.

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, May 11, 2020. This parcel?s title will be conveyed via a quit claim deed.  Immediately following the auction, the successful bidder 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. Please note: The septic system on this property was installed by a qualified septic system installer in July of 2007 (Permit #206-78-29-07-R). Any future septic system inspection or upgrades will be at the buyers expense.

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 Jefferson 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 Jefferson County FSA Office so that he/she will receive any future government payments. 
  • The septic system on this property was installed by a qualified septic system installer in July of 2007 (Permit #206-78-29-07-R). Any future septic system inspection or upgrades will be at the buyers expense.
  • If in the future a site clean up is required, it will be at the expense of the buyer.

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 FOR PURCHASE AGREEMENT

CLICK HERE FOR RESIDENTIAL DISCLOSURE

Representing Attorney:
Michael C. Vance
Vance Law Office
101 N. Jefferson St., PO Box 469
Mt Pleasant, IA 52641
Phone: (319) 385-3736


...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

PASSED

Tract 2 - Country Acreage w/ 3.41 Taxable Acres+/- & Home

Lot # 4 (Sale Order: 4 of 4)      


Country Acreage w/ 3.41 Taxable Acres+/- & Home

  • Physical Address: 1809 Spruce Ave. Fairfield, IA 52556
  • This rural property is improved with a single story, 3 bedroom home that features 1,844 sq. ft. of living area. This home has had several updates including a new steel roof, new furnace, new wiring, 12" of blown in insulation and an updated septic system. There is a 24' x 32' shop that has a concrete floor included on the property with the balance of the acreage in open pasture or hay production.
  • If you are looking for a country acreage we urge you to take a look at this one that is located in the small village of Salina, IA, only minutes from Fairfield, IA.
  • Estimated Real Estate Taxes: $1,264.00
This tract will sell as a lump sum amount.
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SOLD
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