144.88 surveyed acres Selling in 3 Tracts

Public Showing:
Wednesday, November 9th from 4:00 p.m. - 5:00 p.m.

Location & General Information

Land is located in Sections 5 & 6 of Danville Township, Des Moines County, IA. From Danville, IA, take Danville Rd. (X31) south 11/2 miles to Hwy. 79. , turn right or west on Hwy. 79 and go 11/2 miles to Jimtown Rd., turn left or south on Jimtown Rd. and go 3/4 of a mile to Agency Rd., turn right or west 1/4 of a mile on Agency Rd. to Sycamore Rd., proceed south 1 mile to the property (8402 Sycamore Rd.). Watch for pre-sale directional signs.

Tract 1 - 89.71 surveyed acres

- FSA information indicates 32.7 acres tillable with 12.2 acres in CRP at a payment rate of 126.48/per acre, which expires 9-30-19.
- The balance of this tract is in open native grass areas and outstanding timber draws with a tremendous amount of marketable hardwoods.
- This premier recreation parcel offers unique bluffs that overlook a rock based creek and is suitable for all types of wildlife.
- Access is by Sycamore Rd. on the North (buyer will be responsible for installation of driveway).

Tract 2 - 49.76 surveyed acres

- This highly secluded tract is nearly 100% timber with only a 3 acre open native grass area.
- This parcel also is full of marketable hardwoods, has a large rock based creek and offers some of the most beautiful wildlife areas to be found.
- Access is by Sycamore Rd. on the East.

Tract 3 - Country Home & 5.41 surveyed acres

- This attractive country acreage offers a recently remodeled 2 story home which features 3 bedrooms, 21/2 baths, a country kitchen and a family room with a unique stairway to the second floor. The home has a GFA furnace with central air and is serviced by a drilled well.
- This tract also offers 2 older barns in good condition, one with a loft area that has been converted to a wood working shop, as well as a 40' x 60' storage building.
- There is also a nice stocked pond on the property.

If you are in the market for a nice country acreage we urge you to take a look at this one that is in close proximity to Burlington, IA and Geode State Park!

GENERAL
INFO. & SPECIAL
PROVISIONS

- This real estate is selling subject to public road easements and all other easements of record.
- It shall be the buyer's responsibility of Tract 1 to show proof of purchase to the Des Moines County FSA office so that he/she will receive any possible future government program payments.
- It will be the buyer's responsibility for all fencing on Tract 3, all other fence lines shall be governed by the State of Iowa as well as Des Moines County fence line rules and regulations.
- Tracts 1, 2 & 3 are being surveyed by a registered land surveyor at the seller's expense, those tracts will be sold based on surveyed acres.
- It will be the responsibility of the buyer to update the septic system according to the rules governing in Des Moines County. Buyer will be required to sign a Time of Transfer Inspection Waiver Binding Acknowledgement for Future Installation at the time of closing of the real estate. Buyer will be required to apply for a Disposal Installation Permit with the Des Moines County Sanitarian and agree to complete the work within 120 days of closing on the property.
- Sellers will deposit $8,500.00 into an escrow account towards the installation of a new septic system on the day of closing of the real estate.
- The buyers acknowledge that he/she has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyers are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.
ESTIMATED
TAXES:
TRACT 1: $616.00
(51 acres in forest reserve)
TRACT 2: N/A
(entire tract in forest reserve)
TRACT 3: $1,395.00­­

METHOD AND TERMS OF SALE

The acres advertised on this auction flyer are estimated. A survey will be completed prior to sale day. Tracts 1 & 2 will be sold on a price per acre basis using the marketing method of "Buyer's Choice," whereas the high bidder can purchase Tract 1, Tract 2 or both Tracts 1 & 2 for their high bid. If the high bidder elects only one of the two tracts, the remaining tract will then be sold. Tract 3 will be sold for a lump sum sale price.
Ten percent (10%) of the final bid price to be paid on the day of the auction with the balance due at closing which will be on or before December 23, 2011 upon delivery of merchantable abstract and deed. Immediately following the auction, the successful buyers shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing on the basis of the last available tax statement and all prior taxes. Possession on all three tracts will be given at the time of closing.
All announcements made 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 subject to public road easements and all other easements of record. This real estate is being sold "as is".