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  • STARTMar 3rd - 5:00pm

  • VENUEThe “Get-To-Gather” Banquet Room

Davis County, Iowa Land Auction

Thursday, March 3, 2016 at 5:00 P.M.

Sale to be held at the American Legion in Bloomfield, Iowa

SOLD! TRACT 1 – $4,350.00 PER ACRE

SOLD! TRACT 2 – $3,650.00 PER ACRE

SOLD! TRACT 3 – $3,100.00 PER ACRE

SOLD! TRACT 4 – $3,100.00 PER ACRE

SOLD! TRACT 5 – $3,450.00 PER ACRE

SOLD! TRACT 6 – $3,550.00 PER ACRE

SOLD! TRACT 7 – $3,125.00 PER ACRE

SOLD! TRACT 8 – $2,750.00 PER ACRE

SOLD! TRACT 9 – $140,000 LUMP SUM

The Hershey Farm is located in Sections 3 & 4, T69N•R12W, Union Township, Davis County, Iowa. (9 miles east of Bloomfield, Iowa). From the small town of Palaski, Iowa take Cty. Rd. V42 north 7 miles to 180th St. turn right or east on 180th St. and proceed 2 miles to Valley Ave. turn left or north and go a short distance to the farm. (Be watching for pre-sale directional signs.)

 

AERIAL TOUR

 SALE BILL

PLAT MAP

AERIAL MAP

SOIL MAPS

PHOTOS

Tract Information

Tract 1 – 43.44 Surveyed Acres

  • FSA information should indicate 34.04 acres tillable with 2.0 acres in CRP with a payment rate of $166.53 per acre ending 2023.
  • Soils include Kniffin, Appanoose & Edina.
  • CSR2 – 50.
  • Access is on the west by Urchin Blvd. and on the south by 173rd St.

 

Tract 2 – 39.77 Surveyed Acres

  • FSA information should indicate 40.82 acres tillable with 38.75 acres in CRP with a payment rate of $166.53 per acre ending 2023.
  • Soils include Kniffin, Rinda & Appanoose.
  • CSR2 – 42.6.
  • Access is on the south by 173rd St. and the north by 170th St.

 

Tract 3 – 41.9 Surveyed Acres

  • FSA information should indicate 28.46 acres tillable with 20.4 acres in CRP with a payment rate of $166.53 per acre ending 2023 & 2.9 acres in CRP with a payment rate of $173.37 per acre ending 2025.
  • Soils include Lindley, Rathbun & Kniffin.
  • The balance of this tract offers hardwood timber areas and features a nearly 1 acre stocked pond.
  • Access is on the northwest by 170th St.

 

Tract 4 – 25.46 Surveyed Acres

  • FSA information should indicate 4.72 acres tillable that is enrolled in CRP at a payment rate of $166.53 per acre ending 2023.
  • The balance of this tract features heavy mature timber offering great cover for all species of wildlife.
  • Access is on the southwest by 173rd St.

 

Tract 5 – 55.68 Surveyed Acres

  • FSA information should indicate 38.92 acres tillable that is enrolled in CRP at a payment rate of $166.53 per acre ending 2023.
  • The balance of this tract is in timber, wooded draws & offers a nice pond.
  • Soils include Olmitz-Vesser-Zook, Kniffin & Rinda.
  • CSR2 – 38.2
  • Access is on the north by 173rd St.

 

Tract 6 – 52.83 Surveyed Acres

  • FSA information should indicate 42.0 acres tillable that is enrolled in CRP at a payment rate of $166.53 per acre ending 2023.
  • The balance of this tract is in timber draws.
  • Soils include Olmitz-Vesser-Zook & Gara-Armstrong.
  • CSR2 – 40.7
  • Access is on the west by Valley Ave.

 

Tract 7 – 54.24 Surveyed Acres

  • FSA information should indicate 24.3 acres tillable enrolled in CRP at a payment rate of $166.53 per acre ending 2023 & 5.62 acres enrolled in CRP at a payment rate of $173.37 per acre ending 2025.
  • The balance of this tract is in timber draws and a hardwood timber area in the eastern portion of the parcel.
  • Soils include Nodaway-Cantril & Olmitz-Vesser-Zook.
  • CSR2 – 44.4
  • Access is on the west by Valley Ave.

 

Tract 8 – 97.81 Surveyed Acres

  • FSA information should indicate 57.0 acres tillable that is enrolled in CRP at a payment rate of $166.53 per acre ending 2023 & 6.0 acres enrolled in CRP at a payment rate of $173.37 per acre ending 2025.
  • The balance of this tract is in mature timber and wooded draws.
  • Soils include Nodaway-Cantril, Kniffin & Gara-Armstrong.
  • CSR2 – 30.4
  • Access is on the west by Valley Ave.

 

Tract 9 – Country Home & 2.55 Surveyed Acres

  • This tract is improved with a 1,176 sq. ft. ranch style home that was built in 1987. Other features of this home include a 2 car attached garage, full walkout basement, 2 full baths & 1 half bath.
  • This beautiful acreage also offers a 32’x40’ steel sided machine shed, a 40’x50’ pole barn, 3 grain bins & features Ruthbun Rural Water.
  • Access is on the west by Valley Ave.

 

METHOD & TERMS

            The Hershey Farm will be sold in nine tracts, based on a survey that has recently been completed. Said survey will be used to constitute the final settlement price.

            Tracts 1 – 8 will be sold on a price per acre basis and will be offered through the marketing method of “Buyer’s Choice,” whereas the high bidder can take, in any order, any or all tracts for their high bid. Buyers Choice auctioning will continue until all 8 tracts have been purchased. Tract 9 (the acerage) will be sold next for a LUMP SUM total dollar amount. Tracts will not be offered in their entirety at the conclusion of the auction.

            Ten percent (10%) of the bid price will be due on the day of the sale with the balance due at the time of closing and upon delivery of merchantable deed and abstract. Closing on all tracts is scheduled to be on or before April 5, 2016. Real estate taxes will be prorated to date of possession, based upon the last available tax statement. Full possession will be given at the time of closing.

            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”.

 

Larry Hershey Estate

 

Representing Attorney:
Rick Lynch
Lynch Law Office
207 S Washington St,
Bloomfield, IA 52537
PH:(641) 664-3188

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Details

Date:
March 3, 2016
Time:
5:00 pm - 11:00 pm
Categories:
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Venue

The “Get-To-Gather” Banquet Room
107 E. Jefferson St., Bloomfield, IA, 52537, United States.
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