VIRTUAL ONLINE
JEFFERSON COUNTY, IOWA LAND AUCTION MONDAY, JUNE 27, 2022 AT 10:00 A.M. 153 ACRES± (SUBJECT TO SURVEY) • SELLING AS 2 TRACTS
MAKE PLANS NOW FOR THIS FAST APPROACHING JEFFERSON COUNTY, IA LAND AUCTION.
VIRGINIA M. DAVIDSON ESTATE JEANETTA & MARC MAYNARD – CO-EXECUTORS Representing Attorney: Vanessa M.Y. Willman | Foss, Kuiken, Cochran, Helling & Willman, P.C. 100 E Burlington Ave., First National Bank Bldg. Suite 201, Fairfield, Iowa 52556 Phone: (641) 472-3129
Auction Managers: Jim Huff (319) 931-9292 & Jeff Hoyer (319) 759-4320 DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
LOCATION The Davidson Farm is located in Section 7, Locust Grove Township, Jefferson County, IA (4 miles north of Batavia, IA or 15 miles west of Fairfield, IA) From Batavia, IA go north 4 miles on Ash Ave. to the farm. (Be watching for presale directional signs) TRACT INFORMATION TRACT 1 -150 ACRES± (subject to survey) • FSA information should indicate 144 acres till- able, the balance of the tract is in waterways and a wooded draw. • Productive Mahaska, Otley & Clarinda soils • CSR2 is 71.9 (73.8 on the tillable acres) • Access is on the west by Ash Ave & on the north by 170th St. TRACT 2 - COUNTRY HOME & 3 ACRES± (subject to survey) • Physical Address: 1094 170th St. Batavia, IA 52533 • This tract is improved with a 1½ story country home that features 3 bedrooms and a single bath. Other improvements on the property in- clude a 24’ x 24’ 2 car detached garage that was constructed in 2019 and a very nice 54’ x 90’ Morton storage building. There are 2 older but usable buildings also located on the prop- erty. • If you have the desire to reside in the country we urge you to take a look at this Jefferson County, IA property. • Access is on the north by 170th St.
METHOD & TERMS The Davidson farm will be sold in two (2) individual tracts, based on a survey that is currently in progress. Tract 1 will be sold first on a price per acre basis. Tract 2 will be sold next 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 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 Wednesday, July 27, 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. Taxes will be prorated to the date of closing. Possession of Tract 1 will be subject to a lease with the tenant for the 2022 and 2023 crop year. Buyer(s) will receive 50% of the cash rent as a credit at closing for the 2022 crop year. Buyer(s) will take the landlords position and receive 100% of the cash rent for the 2023 crop year. Possession of Tract 2 will be given at the time of closing, subject to a lease with the tenant. Full possession of Tract 2 will be given in approximately 60 days, on or before Thursday, September 1, 2022. Subject to the Iowa Septic System Law, the septic system on Tract 2 is exempt from any testing or upgrading, any future testing or upgrades will be at the buyer’s expense. For complete details contact the auction company. 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
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153 ACRES± (SUBJECT TO SURVEY) SELLING IN 2 TRACTS
VIRTUAL ONLINE | JEFFERSON COUNTY, IA LAND AUCTION MONDAY, JUNE 27, 2022 AT 10:00 A.M.
VIRGINIA M. DAVIDSON ESTATE Jeanetta & Marc Maynard – Co-Executors
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
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