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Henry County, IA Land Auction - Mohrfeld

Real Estate  >  Sullivan Auctioneers, LLC  >  Henry County, IA Land Auction - Mohrfeld

Henry County, IA Land Auction - Mohrfeld

by Sullivan Auctioneers, LLC
Tue, Sep  29, 2020  10:00 AM   Central
139.39 Surveyed Acres - 2 Tracts The Mohrfeld Farm is located in Section 27, Jackson Township, Henry County, IA. At the south edge of Mt. Pleasant, IA go south 8 1/2 miles on U.S. 218 to 335th St.Turn left or east and proceed 2 miles to Jewel Ave. Turn left or north and go 3/4 of a mile to the farm. (Be watching for presale directional signs) Auction to be conducted as a virtual, online only auction. No on-site bidding permitted. If you need assistance with internet bidding, please contact our office at (844) 847-2161. Thank you. Auction Managers: Pat Steffensmeier (319) 470-5284 Jim Huff (319) 931-9292 Jeff Hoyer (319) 759-4320
Method and Terms Method and Terms

Method and Terms

Lot #0 (Sale Order 1 of 3)

 

The Mohrfeld Farm will be sold in two (2) individual tracts based on a survey that has recently been completed, with the said surveyed acres being used to constitute the final settlement price. Both tracts will be sold through the marketing method of "buyer's choice", whereas the high bidder can take either or both tracts for their high bid. Buyer's choice auctioning will continue until both tracts have been sold.  The farm will NOT be offered in its 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 Thursday, October 29, 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.

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 SURVEY PLAT

CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT
 

The Mohrfeld Farm
Frank & Mary Kay Mohrfeld - Sellers

Representing Attorney
Jan M. Kramer
Smith & Kramer, P.C.
of Counsel with Bradshaw, Fowler, Proctor & Fairgrave, P.C.
801 Grand Avenue
Suite 3700
Des Moines, IA 50309-8004
515-243-4191

Auction Managers: 
Pat Steffensmeier (319) 470-5284
Jim Huff (319) 931-9292
Jeff Hoyer (319) 759-4320


Bid Not Accepted!

Bid Accepted!

You've been outbid!

PASSED

You've been outbid  to YOU!

This lot was not sold.

Placing your bid. please wait...

Reserve Not Met
Tract 1 - 64.84 Surveyed Acres Tract 1 - 64.84 Surveyed Acres

Tract 1 - 64.84 Surveyed Acres

Lot #1 (Sale Order 2 of 3)

 
  • FSA information indicates 55.93 acres tillable currently enrolled in CRP, that expires 9/30/2020. The balance of this parcel is in wooded draws.
  • Pershing, Weller & Keswick soils.
  • CSR2 is 51.1
  • Rathbun Rural Water is in close proximity to this tract.
  • Access is on the east by Jewel Ave.

The purchase agreement will be adjusted to a quantity of 64.84 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 5,800.00

You've been outbid  to M****.! to YOU!

Placing your bid. please wait...

Tract 2 - 74.55 Surveyed Acres Tract 2 - 74.55 Surveyed Acres

Tract 2 - 74.55 Surveyed Acres

Lot #2 (Sale Order 3 of 3)

 
  • FSA information indicates 12.67 acres tillable currently in CRP, which expires 9/30/2020. The balance of the tract is in pastureland and wooded draws offering desirable recreational acreage. There is a pond, an older storage building and there is future marketable timber located on the property.
  • Soils include Pershing, Nodaway-Cantril & Lindley.
  • CSR2 is 39.2
  • Rathbun Rural Water is in close proximity to this tract.
  • Access is on the east by Jewel Ave.

The purchase agreement will be adjusted to a quantity of 74.55 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 3,525.00
$3,525.00 x 75 = $264,375.00
Total Bid: USD 264,375.00

You've been outbid  to t****n! to YOU!

Placing your bid. please wait...

$3,525.00 x 75 = $264,375.00 Total