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39 acres Tillable Farmland, Hunting Land Auction

Lee County, Iowa

04-15-2020 2:00 PM

Wendell & Barbara Hocker Auction

Auction Location

Online Only

Listing No.: DDA - 25191

Date: 04-15-2020
Bidding Ends: 2:00 PM

190th St
Fort Madison, IA 52627
Bidding Online Only

Bid Online

Directions to Farm

From Fort Madison, follow US-61 Business north for 1.2 miles. Turn left onto 330th Ave and continue for 2.7 miles. Turn right onto 190th St, and continue for 0.3 miles. The farm will be on your right. Watch for signs.

Auction Details

This is a timed online auction. All bidding will take place online. If you are unable to bid online please contact Agent James Sprinkle (812) 267-4525 or Shayna Sprinkle (812) 572-3856 to make arrangements to place bids offline.

SOLD! $4,625 PER ACRE!

Agent Comments

This great all purpose farm is located a few miles North of Fort Madison, IA in Lee County, and just a quarter mile off a hard surface road. The farm is about half tillable and half timber. It is being roll cropped by the neighbor. Property also has acreage in crp that will expire in Sept 2020. There is ample enough of timber and CRP to give wildlife plenty of areas to hide. The deer sign is prevalent throughout the whole farm. It has a nice creek that runs through the middle. It has a well on the property and water and electric is easily available. It could have a potential building site. Don't miss out on this opportunity to own a hard to find great piece of ground that has it all!

Sale Method

Timed Online Only Auction

Seller has confirmed the sale of this auction! Farm will trade hands!

Home Description

There is no home on this property.

Building Description

There are no buildings on this property. 

Legal Description

NE1/4 NW 1/4 Section 23-68N-4W

Possession

Landlord possession at closing

Closing

On or before May 15, 2020

FSA Information

Currently 7.63 acres enrolled in CRP, expiring 9/30/2020.

Soil Productivity

47.6 CSR2

Taxes

$646.00 Annual

Earnest Money

5% due upon signing of purchase agreement

Farm Lease

The farm is leased for the 2020 season. Buyer will receive a rent credit of $75 per tillable acre at closing.

Terms and Conditions

Identification will be required to register to bid during this auction. Video and audio recording devices will be in use during the auction which may be broadcast via the Internet or used in other places. Bidding increments are at the sole discretion of the Auctioneer who may accept or reject any bid. Immediately upon conclusion of the auction the high bidder(s) will enter into a real estate contract and deposit with DreamDirt Farm and Ranch Real Estate LLC or other approved holding account the proper non-refundable earnest deposit. The Seller(s) will provide a current abstract or other title conveyance instrument at their own expense unless otherwise noted. The sale is not contingent upon buyer financing, all bids are cash bids. This sale is subject to all easements, covenants, leases, and restrictions of record. Buyers must do their due diligence prior to bidding. All property is sold on an "As is – Where is" basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller unless specifically stated. You agree by bidding that you will enroll any CRP acres in your name upon gaining ownership or abide by continuing requires of any government programs or conservation programs on the farm or pay any necessary penalties should you choose not to. The seller reserves the right to accept or reject any and all bids. The successful bidder(s) acknowledges that they are representing themselves or have hired representation using their own financial means to complete the auction sales transaction. Any announcements made on auction day by the Auctioneer will take precedence over any previous material or oral statements. The Auctioneer may accept absentee, phone or Internet bids from bidders who can not attend the auction or bid on behalf of the seller to advance toward any reserve until the reserve is achieved. Bidding remotely does not guarantee anonymity. All decisions of the Auctioneer are final. The auction is open to the public contingent upon proper behavior. The Auctioneer may ask you to leave if your behavior is not in the best interest of the seller.

Contract

Contact


James Sprinkle, Farm Real Estate Agent

Cell: (812) 267-4525

Email: james@dreamdirt.com


Shayna Sprinkle, Farm Real Estate Agent

Cell: (812) 572-3856

Email: Shayna@dreamdirt.com

©2018 DreamDirt Farm and Ranch Real Estate. We have obtained all disseminated information from sources we have deemed to be reliable but do not warrant or guarantee any information. It is possible that information has been omitted or reported to us in error. All lines drawn on maps are approximate. All acreages are stated as more or less. Representatives of DreamDirt Farm and Ranch Real Estate LLC may offer opinions based on the best information available at the time using assumptions and estimates but this does not guarantee any performance financial or otherwise. It is imperative that you rely on professional advice from legal, tax, financial or other advisors to make any decisions based on your own investigation.