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  • STARTJul 11th - 5:00pm

  • VENUELockridge School Banquet Room

Jefferson County, Iowa Land Auction

Tuesday, July 11, 2017 at 5:00 P.M.

SOLD! TRACT 1 – $6,000.00 PER ACRE

SOLD! TRACT 2 – $6,000.00 PER ACRE

SOLD! TRACT 3 – $6,000.00 PER ACRE

TOTAL – $844,560.00

Sale to be held at the Lockridge School Banquet Room, 103 South Center Street, Lockridge, Iowa 52635

140.76 Surveyed Acres • 3 Tracts 

• Productive Tillable Farmland!

• Excellent Recreational Acreage!

• Hard Surface Road Frontage!

• Access to Rathbun Rural Water!

The Vorhies Farm is located in Section 10, Lockridge Township, Jefferson County, IA. (4 miles north of Lockridge, IA.) In Lockridge, IA on 218th Blvd. go west a ½ mile to Co. Rd. W40 (Vetch Blvd.). Turn right or north on Co. Rd. W40 (Vetch Ave.) and proceed north 4 miles to the farm. (Be watching for presale directional signs)

TRACT INFORMATION

Tract 1 – 40.33 SURVEYED ACRES

  • FSA information should indicate 28.39 acres tillable that is currently in CRP with a payment of $102.58 per acre expiring in 2017.
  • Soils include Inton, Keomah & Givin
  • CSR2 is 47.9
  • The balance of this tract is in timber draws with good cover for all types of wildlife and includes some nice home buildings sites.
  • Access is on the west by Co. Rd. W40.

Tract 2 – 65.95 SURVEYED ACRES

  • FSA information should indicate 19.2 acres tillable that is currently in CRP with a payment of $102.58 per acre expiring in 2017.
  • Nodaway-Coppock-Cantril & Ashgrove soils
  • CSR2 is 23.5
  • The balance of this tract includes heavily wooded draws offering excellent cover for whitetail deer as well as wild turkey and features several buildings sites.
  • Access is on the west by Co. Rd. W40.

Tract 3 – 34.48 SURVEYED ACRES

  • FSA information should indicate 19.09 acres tillable that is currently in CRP with a payment of $102.58 per acre expiring in 2017.
  • Soils include Clinton & Ashgrove
  • CSR2 is 38.2
  • The balance of this tract features mature timber areas suitable for all recreational activities and offers several new home building sites.
  • Access is on the west by Co. Rd. W40.

METHOD & TERMS

The Vorhies Farm will be sold on a price per acre basis, based on a survey that has been completed. Tracts 1, 2 & 3 will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can take any or all tracts for their high bid. All tracts will be sold individually and NOT be combined at the conclusion of the auction.

Ten (10%) percent of the bid price to be due on the day of sale with the balance due upon delivery of a merchantable abstract and deed. Closing on both tracts is scheduled to be in approximately 30 days, on or before Friday, August 11, 2017. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the sellers. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing on Tracts 1 & 3. Possession of Tract 2 is subject to a pasture lease, with said lease ending October 1, 2017. 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”.

AERIAL TOUR

PLAT MAP

AERIAL MAP

SOIL MAPS

PHOTOS

Stanley & Mary Vorhies – Sellers

Representing & Closing Attorney:
Rande A. McAllister
McAllister Law Office
300 South Jefferson Street
Mount Pleasant, Iowa 52641
Phone: 319-385-9524

For additional information please contact:
Jim Huff (319) 931-9292 or Jeff Hoyer (319) 759-4320

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Details

Date:
July 11
Time:
5:00 pm - 11:00 pm
Categories:
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Venue

Lockridge School Banquet Room
103 South Center Street, Lockridge, IA, United States.
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