Davis County, IA Land Auction

Davis County, IA Land Auction

Thursday, April 16, 2020  |  5:00 PM Central
Auction closed.
Davis County, IA Land Auction

Davis County, IA Land Auction

Thursday, April 16, 2020  |  5:00 PM Central
Auction closed.
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Description

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This Davis County, Iowa farm is located in Sections 19, 20 & 29, Cleveland E & Perry Township, Davis County, Iowa. (The farms are located just north and east of Bloomfield, Iowa) (Be watching for presale directional signs.)
Catalog Terms of sale
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Method and Terms

Lot # 0 (Sale Order: 1 of 6)      

The Short-Woodruff Farm will be sold in five (5) individual tracts based on the surveyed acres from a previous survey. The said surveyed acres will be used to constitute the final settlement price. All five (5) tracts will be offered through the marketing method of "buyers choice" whereas the high bidder can take any or all tracts for their high bid. Buyers choice auctioning will continue until all five (5) tracts are 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 45 days, on or before Monday, June 1, 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 will be given at the time of closing, subject to a lease for the 2020 crop year. Buyer(s) will receive 50% of the cash rent as a credit at closing. 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".

 

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 Davis 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 Davis County FSA Office so that he/she will receive any future government payments, including the prorated share of the CRP payments on Tracts 3, 4 & 5. It will be the buyers responsibility to take a filed deed into the Davis County FSA office to receive the prorated share of the CRP.
  • The buyer(s) will receive 50% of the cash rent as a credit at closing, with the per tract credit as follows:
    Tract 1 - $6,584.00
    Tract 2 - $8,743.00
    Tract 3 - $9,203.00
    Tract 4 - $10,865.00
    Tract 5 - $10,194.00
  • Access to Tracts 2, 4 & 5 are via an ingress/egress easement.
  • If in the future a site clean up is required, it will be at the expense of the buyer.


CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 3 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 4 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 5 PURCHASE AGREEMENT


Representing Attorney:
Rick Lynch
Lynch Law Office
207 S Washington St.,
Bloomfield, IA 52537
Phone: (641) 664-3188

 


...more

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PASSED

Tract 1 - 51.07 Acres

Lot # 1 (Sale Order: 2 of 6)      


Tract 1 - 51.07 Acres

  • FSA information indicates 47 acres tillable.
  • Productive soils include Chequest, Nodaway & Zook.
  • CSR2 is 73
  • Access is from the west by US Hwy. 63.
The purchase agreement will be adjusted to a quantity of 51.07 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

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Bid Accepted!

You've been outbid!

SOLD

Tract 2 - 69.78 Acres

Lot # 2 (Sale Order: 3 of 6)      

 

Tract 2 - 69.78 Acres

  • FSA information indicates 63 acres tillable.
  • Soils include Zook, Chequest & Vesser.
  • CSR2 is 70
  • Access is from the west by US Hwy 63 via an ingress/egress easement through Tract 1.
The purchase agreement will be adjusted to a quantity of 69.78 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

SOLD

Tract 3 - 89.67 Acres

Lot # 3 (Sale Order: 4 of 6)      

 

Tract 3 - 89.67 Acres

  • FSA information indicates 75.5 acres tillable of which 8.99 acres are currently enrolled in CRP at $274.80 per acre through 9-30-2025.
  • Nodaway, Vesser & Zook soils.
  • CSR2 is 68.4
  • Access is on the west by Mallard Ave.
The purchase agreement will be adjusted to a quantity of 89.67 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

SOLD

Tract 4 - 107.20 Acres

Lot # 4 (Sale Order: 5 of 6)      


Tract 4 - 107.20 Acres

  • FSA information indicates 87 acres tillable of which 3.24 acres are currently enrolled in CRP at $245.49 per acre through 9-30-2025.
  • Soils include Nodaway, Chequest & Zook
  • CSR2 is 70
  • Access is from the west by 215th street via an ingress/egress easement.
The purchase agreement will be adjusted to a quantity of 107.20 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

SOLD

Tract 5 - 95.11 Acres

Lot # 5 (Sale Order: 6 of 6)      

Quantity: 95

 

Tract 5 - 95.11 Acres

  • FSA information indicates 79 acres tillable of which 6.33 acres are currently enrolled in CRP at $254.49 per acre through 9-30-2025.
  • Soils include Gara, Armstrong & Kniffin.
  • CSR2 is 50.7
  • Access is from the west by 215th street via an ingress/egress easement.
The purchase agreement will be adjusted to a quantity of 95.11 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

SOLD
$3,600.00 x 95 = $342,000.00 Total
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