160 Acres ± • 1 Tract
FRIDAY, NOVEMBER 3, 2017 AT 1:00 P.M.
Auction Venue: The Hedrick Community Center • 109 N. Main Street • Hedrick, Iowa 52563
Location & General Information
The Wagler farm is located approximately 7 miles north of Ottumwa, IA or 4.5 miles southwest of Hedrick, IA and is further described as being located in Sections 8 & 17, T73N•R13W, Highland Township, Wapello County, IA.
Farmers, investors & outdoor enthusiasts…this farm literally has it all! 141.67 acres of cropland, of which 28.2 acres are enrolled in CRP through 2018, awesome whitetail deer & wild turkey hunting and an abundance of pheasants!
- FSA figures indicate 141.67 acres of cropland, of which 28.2 acres are enrolled in CRP at a rate of $154.30 per acre through 2018 for an annual payment of $4,350.00.
- Productive soils: Colo-Ely, Colo, Otley-Nira, Zook, Adair, Armstrong, Mystic, other small areas of various soils.
- CSR2: 58.2
- The balance of the farm consists of a brushy draw with an endless supply of water surrounded by CRP acres, making for some of the best wildlife habitat you’ll find anywhere. Feel free to view this property at your leisure…you will see deer, turkey and pheasants every time! (Please be respectful of the current tenant and the cropland acres.)
- Access is along the east by 110th Ave.
Method and Terms
The farm will be sold on a price per acre basis, based on 160 acres, more or less. Ten percent (10%) 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 is scheduled to be in approximately 30 days, on or before December 4, 2017. Immediately following the auction, the successful bidder shall enter into a written contract with the seller. The real estate taxes will be prorated to the date of closing. Possession will be given at the time of closing, subject only to the current tenant for 2017. The farm sells free and clear for the 2018 crop year.
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”.
Representing Attorney: John Wehr • Sigourney, IA • (641) 622 3313
Raymond “Bub” Hoskins – (641) 344-4500
John Probasco – (641) 856-7355
Dan Sullivan – (319) 795-1833