VIRTUAL ONLINE
LEE COUNTY, IOWA LAND AUCTION TUESDAY, NOVEMBER 1, 2022 AT 10:00 AM 335 ACRES± (SUBJECT TO SURVEY) • SELLING IN 4 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
DALE K. WILSON ESTATE PILOT GROVE SAVINGS BANK – EXECUTOR FOR THE ESTATE TED VONDERHAAR | PRESIDENT & CEO NICHOLE L. NAGEL | ASSISTANT VICE PRESIDENT/TRUST OFFICER Representing Attorney: Greg Johnson | Law Office of Gregory A. Johnson 516 7th Street, Fort Madison, Iowa 52627 | Phone: (319) 372-2532
FOR ADDITIONAL INFORMATION, CONTACT AUCTION MANAGERS: Pat Steffensmeier (319) 470-5284, Jim Huff (319) 931-9292 & Jeff Hoyer (319) 759-4320 DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
OPEN HOUSE
LOCATION The Wilson farm is located in Sections 15 & 16, Pleasant Ridge Township, Lee County, Iowa. 4 miles north of West Point, Iowa (20 miles southeast of Mt. Pleasant, Iowa). From West Point, Iowa go north 4 miles on Co Rd. X23 (240th Ave.) to St. Hwy. 16. Turn right or east and proceed ½ mile to the farm. (Be watching for presale directional signs) TRACT INFORMATION TRACT 1 - 34 ACRES± (SUBJECT TO SURVEY) • FSA information indicates 34.58 acres of tillable cropland. • Highly Productive Mahaska, Haig & Givin soils. • CSR2 is 80.6! • Access is on the northeast by St. Hwy. 16. TRACT 2 - 62 ACRES± (SUBJECT TO SURVEY) • FSA information indicates 55.96 acres of tillable cropland. The balance of the tract is in grass wa- terways and wooded draws. • Productive Givin, Pershing & Weller soils. • CSR2 is 64.4 9 (70.2 on the tillable acres) • Access is on the south by St. Hwy. 16. TRACT 3 - 231 ACRES± (SUBJECT TO SURVEY) • FSA information indicates 85.33 acres of tillable cropland and several open acres that are being utilized as hay production/ pasture. The balance of the tract features hardwood timber areas with timber marketing potential and wooded draws. • Weller, Nodaway-Cantril & Lindley soils. • CSR2 is 47 (61.8 on the tillable acres) • This tract offers awesome hunting/ recreation- al acreage with high signs of all species of local wildlife including whitetail deer & wild turkey. • Access is on southwest by St. Hwy. 16. TRACT 4 - 8 ACRES± (SUBJECT TO SURVEY) & COUNTRY ACREAGE • Physical Address: 2459 St. Hwy. 16 West Point, Iowa 52656 • This tract is improved with a single story 3 bed- room country home. The dwelling offers 1,414 sq. ft. of living area, 1½ baths and a GFA furnace with central air. Other improvements on the property include 50’ x 72’ pole barn, a 46’ x 60’ storage building, an oversized 2 car garage and other us- able structures & grain bins. • Rathbun Rural Water is located on this property. • We urge you to take a look at this conveniently located acreage that includes hard surface road frontage and several home building sites. • Access is on the southwest by St. Hwy. 16.
MAKE PLANS TO ATTEND THE OPEN HOUSE WEDNESDAY, OCTOBER 19, 2022 From 4:00 - 5:00 PM
METHOD & TERMS The Wilson Farm will be sold in four (4) 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 - 3 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 three tracts have been sold. Tract 4 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 45 days, on or before Thursday, December 15, 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. If one buyer purchases more than one tract, the seller shall only be obligated to furnish one abstract and deed (husband & wife constitute one buyer). 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 4 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 - 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”.
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
335 ACRES± (SUBJECT TO SURVEY) SELLING IN 4 TRACTS
VIRTUAL ONLINE | LEE COUNTY, IOWA LAND AUCTION TUESDAY, NOVEMBER 1, 2022 AT 10:00 AM
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 DALE K. WILSON ESTATE PILOT GROVE SAVINGS BANK – EXECUTOR FOR THE ESTATE TED VONDERHAAR | PRESIDENT & CEO NICHOLE L. NAGEL | ASSISTANT VICE PRESIDENT/TRUST OFFICER
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