The Larkey Trust Properties will be sold in three (3) individual tracts. All 3 tracts will be sold for a "Lump Sum", total dollar amount.  The properties will NOT be offered in their entirety or in any combinations. 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 Friday, July 9, 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 Parcel 1 (the livestock auction facility) will be given at the time of closing. Possession on the tillable acres on Parcel 1 will be subject to a lease with the tenant. Possession on Parcels 2 & 3 will be subject to leases with tenants. For complete 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".

Property Preview: Wednesday, May 26th 10:00 A.M. - 12:00 Noon


CLICK HERE TO VIEW PARCEL 1 SURVEY PLAT

CLICK HERE TO VIEW PARCEL 2 SURVEY PLAT

CLICK HERE TO VIEW PARCEL 3 SURVEY PLAT


CLICK HERE TO VIEW PARCEL 2 RESIDENTIAL DISCLOSURE

CLICK HERE TO VIEW PARCEL 3 RESIDENTIAL DISCLOSURE


CLICK HERE TO VIEW PARCEL 1 PURCHASE AGREEMENT

CLICK HERE TO VIEW PARCEL 2 PURCHASE AGREEMENT

CLICK HERE TO VIEW PARCEL 3 PURCHASE AGREEMENT


Maquoketa Livestock Sales
Robert F. Larkey Trust
Myrna J. Larkey Trust
Robin Krogman - Executor
Scarlet Dietz - Executor

Representing Attorney:
William McCullough
3425 East Locust, Suite 201
Davenport, IA 52803
Phone: (563) 326-4060

Auction Managers: 
Jim Huff (319) 931-9292
John Probasco (641) 856-7355

Mark your calendars now for this upcoming Jackson County, Iowa real estate auction featuring the Maquoketa Livestock Sales Facility that is situated on over 33 acres. This auction offers an unprecedented opportunity to purchase an ongoing livestock auction facility that consistently handles several thousand head of livestock every year.

Highlights:

• Fully operational livestock auction facility that includes offices & kitchen area, large auction pavilion, drive through cattle drop area, loading chutes, guard rail holding pens (several with automatic waters), a Howe 20,000# scale, and vet working area.
• Averaged nearly 29,000 head of cattle annually over the last 3 years.
• Capable of handling over 2,000 head on auction day, with ample room for expansion.
• Jackson County, IA & several adjoining counties rank in the Top 10 in Iowa for cattle production.
• 60' x 80' & 20' x 60' storage buildings recently used for hay storage.
• 40' x 100' building recently utilized as a horse barn.
• (4) Grain bins totaling over 36,000 bu. of grain storage, all with aeration floors.
• FSA information indicates 26 acres tillable with a CSR2 of 86.5!
• If you have ever had any aspirations to be in the livestock auction industry, we urge you to take a look at this facility that offers unlimited business and development potential!
• Estimated Real Estate Taxes: $8,364.00

Physical Address: 18104 33rd St., Maquoketa, IA 52060

• This parcel features a large 2 story home that includes 3 bedrooms, a single bath and 1,682 sq. ft. of living area. Other amenities include a GFA furnace, vinyl siding and a newer metal roof.
• This dwelling is situated on a nice sized 106' x 155' lot and would make a nice addition to the livestock auction facility for the yard manager or sale manager.
• Estimated Real Estate Taxes: $1,386.00

Physical Address: 18158 33rd St., Maquoketa, IA 52060

• This parcel offers a 3 bedroom ranch style home that includes 3 bedrooms, 1-3/4 baths and 1,020 sq. ft. of living area. There is a 2 car attached garage, a nice sun porch on the front of the home and an appealing white vinyl fence. This dwelling would also make a great addition for the livestock auction facility manager or other support staff.
• Estimated Real Estate Taxes: $1,212.00