VIRTUAL ONLINE
DES MOINES COUNTY, IOWA LAND AUCTION THURSDAY, OCTOBER 27, 2022 AT 10:00 AM
31.82 TAXABLE ACRES± • 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
MEGAN HINES ESTATE CATHY WATSON – EXECUTOR | TAMARA BEHNE Representing Attorney: Christopher Wallace | Anderson, Roberts, Porth, Wallace, Stewart & Werner LLP 524 North Main Street, Burlington, Iowa 52601 | (319) 754-7585
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 Hines Farm is located in Sections 19 & 30, Concordia Township, Des Moines County, Iowa. (2 miles south of Burlington, Iowa). From Burling- ton, Iowa on U.S. Hwy. 61 go south 3½ miles to Co. Rd. X62 (Summer St.). Turn left or northeast and proceed 2¼ miles to 50th St. Turn left or west and go ¾ mile to the property. (Be watching for presale directional signs) TRACT INFORMATION TRACT 1 - 11.01 TAXABLE ACRES± & COUNTRY HOME • This tract is improved with a large 2-story coun- try home that includes 5 bedrooms, a single bath and offers 1,910 sq. ft. of living area. The home includes a large family room overlooking a nearly 2 acre pond. A GFA furnace provides the heat source for the dwelling with central air and the water supply is provided by a well • There is a 2 car detached garage and other use- able outbuildings on the property. • FSA information indicates 4.02 acres of tillable cropland, currently in CRP with a payment of $240.00 per acre expiring in 2032. The balance of the parcel is in the homestead and wooded draws. • Access is on the south by 50th St. via a recorded 30’ ingress/egress easement. TRACT 2 - 20.81 TAXABLE ACRES± • FSA information indicates 11.08 acres of tillable cropland of which 10.21 acres are in CRP with a payment rate of $245.77 per acre expiring in 2026. The balance of the tract is in wooded draws and timber areas offering attractive hunt- ing & recreational acreage. • Fayette & Klum soils. • CSR2 is 59.4 • Access is on the north by 50th St.
INGRESS/EGRESS EASEMENT
OPEN HOUSE
MAKE PLANS TO ATTEND THE OPEN HOUSE FRIDAY, OCTOBER 14, 2022 From 4:00 - 5:00 PM
ADDITIONAL PHOTOS, SOIL MAPS, AERIAL VIDEO & MORE AVAILABLE ONLINE AT: www.SullivanAuctioneers.com METHOD & TERMS The Hines Farm will be sold in two (2) individual tracts based on the acres found in this brochure. Tract 1 will be sold first for a lump sum total dollar amount, followed by Tract 2 which will be sold 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, November 28, 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 the Iowa Septic System Law, this property is held in an estate, therefore 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”.
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
31.82 TAXABLE ACRES± SELLING IN 2 TRACTS
VIRTUAL ONLINE | DES MOINES COUNTY, IOWA LAND AUCTION THURSDAY, OCTOBER 27, 2022 AT 10:00 AM
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 MEGAN HINES ESTATE CATHY WATSON – EXECUTOR | TAMARA BEHNE
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