Appanoose County, IA Land Auction - Leffler
Appanoose County, IA Land Auction - Leffler
See Special Terms for additional fees
Description
The Leffler Farm is located in Sections 29 & 30, Vermillion Township, Appanoose County, Iowa. (1 mile northeast of Centerville, Iowa.) From the intersection of Hwys. 5 & 2 in Centerville, IA, go north 11/2 miles to St. Joseph’s Drive, turn right or southeast and proceed 1/8 mile to 500th St., turn left or east on 500th St. and go 1/8 mile to the farm. (Be watching for presale directional signs).
Auction Manager:
John Probasco (641) 856-7355
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Method and Terms
Lot # 0 (Sale Order: 1 of 2)
Note: This lot is informational only, not for bidding. Place your bids on Tract 1 listed below.
The Leffler Farm will be sold in one (1) individual tract on a price per acre basis, based on the taxable acres. Bidding is NOT contingent upon 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, March 1, 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 on the tract will be given at the time of closing subject to a farm lease for the 2020 crop year. Farm sells with full farming rights for the 2021 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
Chad Leffler - Seller
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
Tract 1 - 134.13 Taxable Acres+/-
Lot # 1 (Sale Order: 2 of 2)
Quantity: 134
- FSA information should indicate 111.42 acres tillable with 68.68 acres in row crop production. There is 40.56 acres enrolled in CRP, including 10.14 acres at $208.65 per acre expiring 2023 & 30.42 acres at $251.23 per acre expiring 2028.
- Productive soil types include Kennebec, Coppock & Pershing.
- CSR2 is 64.2
- Access is on the north by 500th St.
The purchase agreement will be adjusted to a quantity of 134.13 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
