Wapello County, Iowa Land Auction - Hynick
Wapello County, Iowa Land Auction - Hynick
See Special Terms for additional fees
Description
The Hynick land is located in Section 10, Richland Township & Section 27, Competine Township, Wapello County, Iowa.
To access Tract 1 at the Junction of US Hwy. 63 & State Hwy 149 go north 5 miles to 340th Street, turn left or west and proceed 1 mile to 140th Ave., turn left or south and go 3/4 mile to 180th Street and proceed west 1 mile to the farm. To access Tract 2, in Martinsburg, Iowa go south 3 1/2 miles to 165th Street, turn left or east and proceed 1 1/2 miles to Cty. Rd. V43 (Compentine Road) and go 2 1/2 miles to 142nd Street. Turn left or east and proceed 1/2 mile to the farm.
Be watching for pre-sale 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:
John Probasco (641) 856-7355
Jim Huff (319) 931-9292
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Method and Terms
Lot # 0 (Sale Order: 1 of 3)
The Hynick Farms will be sold in two (2) individual tracts based on the advertised acres. Tract 1 will be sold first on a price per acre basis. Tract 2 will be sold next on a price per acre basis. 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, October 19, 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. Possession on both tracts will be given at the time of closing subject to a farm lease for the 2020 crop year. Both tracts sell 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 TRACT 1 PURCHASE AGREEMENT
CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT
The Lillian Mae Hynick Estate
Barbara Krusemark - Executor
Diana Bokhoven
Representing Attorney:
Greg A. Life
McCoy, Faulkner & Broerman Law Firm
216 S 1st St.,
Oskaloosa, IA
Phone: (641) 673-8336
Auction Managers:
John Probasco (641) 856-7355
Jim Huff (319) 931-9292
Tract 1 - 80 Acres+/-
Lot # 1 (Sale Order: 2 of 3)
Quantity: 80
- FSA information should indicate 79.70 acres tillable.
- Soils include Otley, Mahaska & Nira.
- CSR2 is 85.8!
- This tract is improved with field drainage tile.
- Access on the north side by 180th Street.
The purchase agreement will be adjusted to a quantity of advertised acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
Tract 2 - 120 Acres+/-
Lot # 2 (Sale Order: 3 of 3)
Quantity: 120
- FSA information should indicate 119.7 acres tillable.
- Soils include Otley-Nira, Otley & Mahaska.
- CSR2 is 84!
- This tract is improved with field drainage tile.
- Access on the south side by 142nd Street.
The purchase agreement will be adjusted to a quantity of advertised acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
