Van Buren County, IA Land Auction - Bontrager

Van Buren County, IA Land Auction - Bontrager

Saturday, October 31, 2020  |  10:00 AM Central
to bid until the live auction begins!
Van Buren County, IA Land Auction - Bontrager

Van Buren County, IA Land Auction - Bontrager

Saturday, October 31, 2020  |  10:00 AM Central
to bid until the live auction begins!
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Description

41 Acres± (subject to survey) - 2 Tracts

The Bontrager property is located in Section 14, Henry Township, Van Buren County, Iowa. From Bonaparte, Iowa proceed south 1 1/2 miles on W-40 to Hwy. #2, then turn right or west and proceed 2 1/2 miles to Redbud Ave. Then turn right, or north and proceed 3/4 mile to the farm. (Be watching for pre-sale directional signs.)

Open House: Monday, October 19th from 4:00 - 5:00 P.M.

Mark your calendars now for this fast approaching Van Buren County, Iowa real estate auction. Tract 1 offers 8 acres± with a large 2,816 sq. ft. 2 story home with a full basement built in 2005, a very nice 40' x 80' shop building with concrete floor built in 2012, a 32' x 96' machine storage building with concrete floor built in 2010 and other outbuildings. Other attributes of this tract include fenced lot areas for horses or cattle as well as a stocked pond. Tract 2 features 33 acres± of productive tillable farmland that is currently in hay production and improved pastureland with good interior fencing.

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Method and Terms

Lot # 0 (Sale Order: 1 of 3)      

 

The Bontrager Property will be sold in two (2) individual tracts based on a survey that is currently in progress. Tract 1 will be sold first for a lump sum total dollar amount. Tract 2 will be sold next on a price per acre basis, using the surveyed acres to constitute the final settlement price. 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 Monday, November 30, 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 on both tracts will be given at the time of closing. Tract 2 sells 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".

Open House: Monday, October 19th from 4:00 - 5:00 P.M.


CLICK HERE TO VIEW SURVEY PLAT

CLICK HERE TO VIEW SURVEY PLAT - AERIAL OVERLAY

CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT


Perry R. & Fannie Mae Bontrager - Sellers

Representing Attorney:
H. Craig Miller
H. Craig Miller Law Offices
903 4th St, Keosauqua, IA 52565
Phone: (319) 293-3755

Auction Managers:
Jeff Hoyer (319) 759-4320
Jim Huff (319) 931-9292


...more

Tract 1 - Home, Shop on 8.69 Surveyed Acres

Lot # 1 (Sale Order: 2 of 3)      

 
  • Large 2,816 sq. ft. 2 story home with full basement built in 2005.
  • 40' x 80' shop building with concrete floor, fully insulated, and overhead doors built in 2012.
  • 32' x 96' machine storage building with concrete floor and rolling doors built in 2010.
  • Older barn with newer lean-to on the north.
  • 14' x 22' detached garage with concrete floor.
  • Nice stocked pond.
  • Rathbun Rural Water services this property.
  • Access is on the east off of Redbud Avenue.

This property will be sold for a lump sum total dollar amount.
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Tract 2 - 32.63 Surveyed Acres

Lot # 2 (Sale Order: 3 of 3)      

Quantity: 33

 
  • FSA information indicates 30.14 acres tillable.
  • Productive soil types include Seymour and Kniffin.
  • CSR2 is 55.6 (tillable acres).
  • Access is on the east off of Redbud Avenue.

The purchase agreement will be adjusted to a quantity of 32.63 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 
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