February 1st, 2020, 11:00 AM- Farmland/Recreational Property Auction of 300 acres, more or less, to be sold in 5 tracts. This property offers productive farmland, great recreational property, and many building sites. The property offers phenomenal deer and turkey hunting as well as over $20,000 in annual income. There are multiple ponds/lakes on the property providing incredible views for a new home or cabin. These ponds provide excellent fishing and a place for waterfowl.
Tracts 1 - 4 are located approximately 6 miles west of Keosauqua on Rte. J40, then North on Heather Rd 2 miles to 205th St.
Tract 5 is located 3.5 miles southeast of Douds on Eagle Dr., then south mile on Iowa Oak Grove Ave.
Tract 1 30 acres, more or less, representing productive farm ground
FSA should indicate 25.59 acres tillable
Weighted CSR2 average of 43.4
Tract 2 40 acres, more or less, representing great recreationa...
Tract 2 40 acres, more or less, representing great recreational land with tillable ground
FSA should indicate 16.96 acres tillable
Weighted CSR2 average of 41.2
Balance in excellent wildlife habitat
Tract 3 70 acres, more or less, representing great recreational land with tillable ground
FSA should indicate 35.92 acres tillable
Weighted CSR2 average of 40.1
Balance in excellent wildlife habitat
Tract 4 80 acres, more or less, representing great recreational land with tillable ground
FSA should indicate 52.03 acres tillable
Weighted CSR2 average of 36.9
32 acres CRP @ $106.53 per acre through 2020
Balance in excellent wildlife habitat
Tract 5 80 acres, more or less, representing great recreational land with tillable ground
FSA should indicate 56.72 acres tillable
Weighted CSR2 average of 41.8
Balance in excellent wildlife habitat
Auction to be held at The Lodge at Windy Ridge, 17082 252nd Street Cantril, IA 52542 on February 1st, 2020 at 11:00 AM
Terms and Conditions:
All tracts will be sold as Choice whereas high bidder may take any one of the available tracts, all tracts, or a combination as desired. Tracts will not be combined to be sold. Seller reserves the right to refuse any and all bids. Seller: David G. Small Living Trust
Terms 10% down at the time of auction. Balance due at closing, which is on or before March 13, 2020 upon sellers delivery of merchantable abstract and deed.
Possession will be given at the time of closing and all real estate taxes will be prorated to date of closing. CRP Payments will also be prorated to date of closing.
All land is selling free and clear for the 2020 farming season.
It will be the obligation of the buyer of tract 4 to report to the Van Buren County FSA and assume the CRP contract currently in place.
Tracts will be sold per legal description on a more or less basis. For the lump sum price, the bid for each parcel will be multiplied by indicated acres.
Seller will provide a survey that indicates the property lines where needed. This will only happen when 2 adjoining parcels are sold to separate buyers.
Buyers shall be responsible for any fencing per Iowa state law.
This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
The buyer(s) acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer(s) are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the real estate.
If one buyer purchases more than one tract that are adjacent, the seller shall only be obligated to furnish one abstract and deed. (husband & wife constitute one buyer)
Mossy Oak Properties Boley Real Estate is representing the Seller in this transaction.
Any announcements made the day of sale take precedence over any prior advertising, either written or oral.
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