VIRTUAL ONLINE
HENRY COUNTY, IOWA LAND AUCTION TUESDAY, NOVEMBER 1, 2022 AT 1:00 PM 240 ACRES± (SUBJECT TO SURVEY) • SELLING IN 5 TRACTS
JOHN L. CLARK ESTATE GREGORY KROGMEIER – EXECUTOR Representing Attorney: Paul A. Miller | Miller Law Office 119 North Court Fairfield, Iowa 52556 | (641) 472-5049
Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161
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 Clark Farms are generally located 1 mile and 3 miles southeast of Mt. Pleasant, IA. The “Home Farm” is locat- ed in Sections 25 & 26 of Center Township, Henry County, IA and the “East Farm” is located in Sections 29 & 30 of New London Township, Henry County, IA. From the Mt. Pleasant Municipal Airport, proceed 1 mile south on Lexington Ave. to Logan Ave., then turn left or southeast and drive ½ mile to Tracts 1, 2, 3 & 5. To access Tract 4, turn left or east on 260th St. and proceed 2½ miles to Tract 4. (Be watching for presale directions signs.)
TRACTS 1-3 & 5
TRACT 4
TRACT INFORMATION TRACT 1 • 113.5 ACRES± (SUBJECT TO SURVEY) • FSA figures should indicate 97.91 acres of till - able cropland. • The balance of the farm is grass waterways and small timber areas. • Major soil types include Pershing & Weller. • The average CSR2 is 53.8. • Access is on the north from 260th St and the west from Logan Ave. TRACT 2 • 11 ACRES± (SUBJECT TO SURVEY) • This tract is nearly 100% timber. • Ideally located just minutes from Mt. Pleasant, IA. • Several beautiful new home building sites with a small creek running through the property. • Access is on the north from 260th St. and the west from Logan Ave. TRACT 3 • 4.5 ACRES± (SUBJECT TO SURVEY) • FSA figures should indicate 4.49 acres of tillable cropland. • Major soil types include Belinda & Pershing. • The average CSR2 is 56.4. • This small tract offers an excellent building site. • Access is on the northeast from Logan Ave. TRACT 4 • 108 ACRES± (SUBJECT TO SURVEY) • FSA figures should indicate 65.80 acres of till - able cropland. • The balance of the farm is open pasture with tim- ber in the southwest portion. • Major soil types include Pershing & Colo. • The average CSR2 is 56.2. • The property includes older outbuildings. • Access on the north from 260th St. TRACT 5 • 3 ACRES± (SUBJECT TO SURVEY) • This tract features a ranch-style home, built in 1964, has 936 sq. ft., 2 bedrooms, full bath & full basement. • Combination hay & livestock barn. • Several other older outbuildings. • Rathbun Rural Water. • Excellently located just minutes outside Mt. Pleasant, IA. • Access is on the southwest from Logan Ave.
OPEN HOUSE
MAKE PLANS TO ATTEND THE OPEN HOUSE WEDNESDAY, OCTOBER 19, 2022 From 4:00 - 5:00 PM
ADDITIONAL PHOTOS, AERIAL VIDEO & MORE AVAILABLE ONLINE AT: www.SullivanAuctioneers.com METHOD & TERMS The Clark Farms will be sold in five (5) individual tracts based on a survey that is currently in progress. Said sur - veyed acres will be used to constitute the final settlement price. Tracts 1 - 4 will be sold through the marketing method of “Buyer’s Choice”, whereas the high bidder can take any or all tracts for their high bid. “Buyer’s Choice” auctioning will continue until all four tracts have been sold. Tract 5 will be sold last for a “lump sum”, total dollar amount. The farm will NOT be offered in its entirety or in any combinations. Bidding is NOT contingent upon fi - nancing, 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 Thursday, December 1, 2022 upon delivery of a merchantable abstract and deed. Immediately follow- ing 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. Subject to the Iowa Septic System Law, this property is held in an estate, therefore the septic system on Tract 5 is exempt from any septic system testing or upgrades. Any future septic system testing or upgrades will be at the buyer(s) expense. Tracts 1, 3 & 4 sell with full farming rights for the upcoming 2023 crop year. 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”.
SOIL MAP • TRACT 1
SOIL MAP • TRACT 3
SOIL MAP • TRACT 4
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
240 ACRES± (SUBJECT TO SURVEY) SELLING IN 5 TRACTS
VIRTUAL ONLINE | HENRY COUNTY, IOWA LAND AUCTION TUESDAY, NOVEMBER 1, 2022 AT 1:00 PM
JOHN L. CLARK ESTATE GREGORY KROGMEIER – EXECUTOR
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
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