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  • STARTNov 20th - 5:00pm

  • VENUEThe Seymour Community Center

Wayne County, Iowa Land Auction

Sold! Tract 1 – $3,100 Per Acre

Sold! Tract 2 – $2,925 Per Acre

Sold! Tract 3 – $5,350 Per Acre

Sold! Tract 4 – $4,850 Per Acre

Sold! Tract 5 – $4,850 Per Acre

Sold! Tract 6 – $7,000 Per Acre

Sold! Tract 7 – $160,000 Lump Sum

Grand Total – $3,091,313.50 

Monday Eve., November 20, 2017 at 5:00 p.m.

Sale to be held at The Seymour Community Center, 135 N 5th, Seymour, IA 52590

630.92 Surveyed Acres • 7 Tracts

OPEN HOUSE: SATURDAY, NOVEMBER 11, 2017 FROM 4:00 – 5:00 P.M.

LOCATION

The Long farm is located in Sections 12 & 13, Jackson Township and Section 18, Walnut Township, Wayne County, Iowa. From Seymour, IA take Hwy. J46 west 4.5 miles to 190th St., then right or north a short distance to the farm. Or approximately 5 miles southeast of Corydon, IA.  (Watch for presale directional signs.)

TRACT INFORMATION

Tract 1 – 80.73 SURVEYED ACRES

  • FSA figures should indicate 65 acres tillable with 26.8 acres in CRP (CP1) paying $164.85 per acre expiring 2022 and 7.47 acres in CRP (CP29) paying $88.20 per acre expiring 2018.
  • Soils include Zook-Olmitz-Vesser & Seymour.
  • CSR2 is 51
  • The balance of this tract is improved pastureland & wooded draws ideal for recreational activities.
  • Access is along the entire east side by 190th St.

Tract 2 – 121.10 SURVEYED ACRES

  • FSA figures should indicate 87.18 acres tillable with 57.17 in CRP (CP1) paying $134.85 per acre expiring 2022 and 2.16 acres in CRP (CP29) expiring 2018.
  • Soils include Shelby & Seymour.
  • CSR2 is 51.8
  • The balance of this tract is improved pastureland, several ponds and wooded draw.
  • Access is along the entire east side by 190th St.

Tract 3 – 126.20 SURVEYED ACRES

  • FSA figures should indicate 114.49 acres NHEL tillable farmland.
  • Seymour & Edina soils.
  • CSR2 is 59.2
  • The balance of this parcel is in waterways & includes a pond.
  • Access is along the west by 190th St.

Tract 4 – 166.40 SURVEYED ACRES

  • FSA figures should indicate approximately 140 acres of tillable farmland.
  • Soils include Edina, Seymour & Clarinda.
  • CSR2 is 55.4
  • The balance of this tract is in waterways & a nearly 3 acre pond.
  • Access is from the west by 190th St. & the east by 200th St.

Tract 5 – 37.18 SURVEYED ACRES

  • FSA figures should indicate 34.53 acres tillable with 32.8 in CRP (CP1) paying $133.54 per acre expiring 2022.
  • Soils include Seymour, Clarinda & Shelby.
  • CSR2 is 51.4
  • The balance of this parcel is in waterways and a pond.
  • This tract is improved with an approximately 7,500 bu. drying bin with an additional 4,750 bu. of dry storage. (bu. estimated)
  • Access is on the east by 190th St.

Tract 6 – 94.90 SURVEYED ACRES

  • FSA figures should indicate 94.13 NHEL tillable farmland.
  • Productive soils include Edina & Seymour.
  • CSR2 IS 60.2
  • Access is from the west by 190th St.

Tract 7 – County Home & 4.41 SURVEYED ACRES

  • Open House: Saturday, November 11th from 4 – 5 P.M.
  • This tract features a 3 bedroom ranch style home that was built in 1973 & offers 1,200 plus sq. ft. of living area. The home has a full basement & an attached 2 car garage. Other improvements include a 54’x90’ Morton machine shed with a concrete floor. If your looking for a well improved country acreage we urge you to take a look at this Wayne County, Iowa property!
  • Access is on the west by 160th St.

METHOD & TERMS

The Long Estate Farm will be offered in 7 tracts. Tracts 1 – 6 will be sold on a price per acre basis based on a survey that has recently been completed, with the said survey acres to constitute the final settlement price. Tracts 1 – 6 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. “Buyer’s Choice” auction will continue until all 6 tracts have been sold. Tract 7 will sell for a LUMP SUM total dollar amount. The farm will NOT be offered in its entirety at the conclusion of the auction.

Ten (10%) percent of the bid price is due on the day of sale with the balance due upon delivery of a merchantable abstract and deed. Closing on all tracts is scheduled to be in approximately 30 days, on or before Wednesday, December 20, 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. Possession will be given at the time of closing subject to a farm lease for the 2017 crop year. Farm sells free & clear for 2018.

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”.

PLAT MAP

AERIAL MAP

SOIL MAP

PHOTOS

Donna L. Long Estate

Linda Glenn – Executor

Representing Attorney:
Michael D. Craver
Craver & Grothe, LLP
303 W State St, Centerville, IA 52544
Phone: (641) 856-2244

For additional information contact Auction Managers:Raymond “Bub” Hoskins (641) 344-4500 or John Probasco (641) 856-7355

 

 

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Details

Date:
November 20
Time:
5:00 pm - 11:00 pm
Categories:
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Venue

The Seymour Community Center
135 N 5th, Seymour, IA, 52590, United States.
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