VIRTUAL ONLINE
DES MOINES COUNTY, IOWA LAND AUCTION THURSDAY, SEPTEMBER 29, 2022 AT 10:00 A.M. 106 ACRES± (SUBJECT TO SURVEY) • SELLING IN 2 TRACTS
Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161
CLAY HILL TRUST CHRISTINE M. TROUTMAN & RONALD S. LAIR – CO-TRUSTEES
Representing Attorney: Philip D. McCormick | Whitfield & Eddy Law 111 W. Monroe St., Suite 201, Mt. Pleasant, Iowa 52641 | (319) 385-9522
Auction Managers: Jeff Hoyer (319) 759-4320 & Jim Huff (319) 931-9292 DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
LOCATION The Clay Hill Trust farm is located in Section 9, Danville Township, Des Moines County, Iowa, 4½ miles southwest of Danville, Iowa (13 miles west of Burlington, Iowa). From Danville, Iowa proceed south on Co. Rd. X31 1½ miles to Co. Rd. 79, turn right or west and go ¼ mile to 202nd Ave. Turn left or south and proceed 1 mile to Agency Rd., turn left or east and go ¼ mile to 200th Ave., turn right or south and proceed 2 miles to Skunk River Rd. Turn right or northwest and go ¼ mile to the farm. (Be watching for presale directional signs)
METHOD & TERMS The Clay Hill farm will be sold in two (2) individual tracts based on a survey that is currently in progress, with the final surveyed acres to constitute the final settlement price. Tract 1 will be sold first on a price per acre basis, fol - lowed by Tract 2, on a price per acre basis. The farm will NOT be offered in its entirety or in any combinations. Bidding is NOT contingent upon financing, an appraisal or inspection. 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 31, 2022 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. Full possession will be given at the time of closing subject to a lease with the tenant of the mobile home lot. Subject to the Iowa Septic System Law, this property is held in a trust, therefor is exempt from any septic system testing or upgrades. Any future septic system testing or upgrades will be at the buyer(s) expense. All announcements sale day shall take precedence over any prior advertising either written or oral. The infor - mation 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
MAKE PLANS TO ATTEND THE OPEN HOUSE THURSDAY, SEPTEMBER 15 TH From 4:00 - 5:30 P.M.
TRACT INFORMATION TRACT 1 - 75 ACRES± & COUNTRY HOME (subject to survey) • FSA information indicates 22.17 acres of tillable cropland that is currently enrolled in CRP, with a pay - ment of $186.00 per acre expiring in 2030. • The balance of this tract is in timber areas and tim- ber draws offering attractive hunting & recreational acreage. • This tract is improved with a 2 story, 3 bedroom country home and a newer 2 car garage. Other im - provements include a 30’ x 30’ metal frame storage building with a concrete floor and a 20’ x 30’ lean-to addition. • Access is on the south by Skunk River Rd. TRACT 2 - 31 ACRES± (subject to survey) • FSA information indicates 28.78 acres of tillable cropland that is currently enrolled in CRP, with a pay - ment of $186.00 per acre expiring in 2030. • Soils include Nodaway, Okaw & Lawson. • CSR2 is 69.9. • Soils include Clinton & Lindley • CSR2 is 67.8 (Tillable acres) • This parcel offers excellent recreational opportuni - ties and includes picturesque Skunk River frontage along the entire south boundary. • There is an approximate 1 acre lot in the northwest portion presently being rented as a mobile home lot. The rental rate for the lot is $170.00 per month on a month to month rental agreement. (Please note that the mobile home is NOT included) • Access is on the north by Skunk River Rd.
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106 ACRES± (SUBJECT TO SURVEY) SELLING IN 2 TRACTS
VIRTUAL ONLINE | DES MOINES COUNTY, IOWA LAND AUCTION THURSDAY, SEPTEMBER 29, 2022 AT 10:00 A.M.
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 CLAY HILL TRUST Christine M. Troutman & Ronald S. Lair – Co-Trustees
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