Lee County, Iowa Land Auction
Lee County, Iowa Land Auction
See Special Terms for additional fees
Description
The Smith Farm is located in Section 29 & 30, West Point Township, Lee County, IA. At the south edge of West Point, IA on Co. Rd. X23 go south a 1/2 mile to Burt Rd. Turn right or west and continue west & south 2½ miles to 225th Ave. Turn right or south and proceed 1 1/2 miles to the farm.
Mark your calendars now for this fast approaching Lee County, Iowa land auction. This farm offers productive, tillable farmland that sells free and clear for the upcoming 2020 crop year.
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Method and Terms
Lot # 0 (Sale Order: 1 of 2)
The Smith Farm will be sold in one (1) individual tract and will sell on a price per acre basis, based on the advertised taxable acres found in this brochure. 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, May 11, 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. Upon the receiving the 10% down payment and proof of liability insurance, early procession will be granted for TILLAGE PURPOSES ONLY. The farm sells with full possession for 2020.
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:
Dick Fehseke
Fehseke & Gray Law Office
1023 Avenue G, Fort Madison, Iowa 52627
Phone: (319) 372-7181
Tract 1 - 95.30 Acres+/-
Lot # 1 (Sale Order: 2 of 2)
Quantity: 95
Tract Information
- FSA information indicates 73.99 acres tillable currently in row crop and hay production.
- Productive soils include Nodaway & Clinton
- CSR2 is 69.4
- The balance of this farm is in wooded draws. Sugar Creek meanders along the northern border offering attractive recreational acreage.
- The Judy Pioneer Cemetery is located in the southeast portion of the farm.
- Access is on the west by 225th Ave.
- Estimated Real Estate Taxes: $1,962.00
The purchase agreement will be adjusted to a quantity of 95.30 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
