Thursday, February 25, 2021 at 10:00 A.M.
127.19 Surveyed Acres (1 Tract)
SOLD! TRACT 1 – $3,700 PER ACRE
TOTAL – $470,603.00
Auction to be conducted as a virtual, online only auction. No on-site bidding permitted.
If you need assistance with internet bidding, please contact our office at (844) 847-2161. Thank you.
The Daugherty Farm is located in Sections 25 & 36, Franklin Township, Appanoose County, Iowa. (2 1/2 miles northwest of Cincinnati, Iowa of 6 miles southwest of Centerville, Iowa). At the west edge of Cincinnati, Iowa go west on Co Rd. J54 (564th St.) 3 miles to 153rd Ave. Turn right or north and proceed 1½ miles to the farm.
(Be watching for presale directional signs)
• FSA information indicates 111.15 acres tillable with the balance in a wooded draw.
• Lineville, Kniffin & Clarinda soils
• CSR2 is 40.2
• The parcel is improved with several terraces with drainage tile inlets and 2 nice stocked ponds.
• Access is on the west by 153rd Ave.
Method & Terms
The Daugherty Farm will be sold in one (1) individual tract on a price per acre basis, based on a survey that has recently been completed, with the said surveyed acres being used to constitute the final settlement price.
Bidding is NOT contingent upon financing. Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 30 days, on or before Thursday, March 25, 2021 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Possession on the tract will be given at the time of closing subject to a farm lease for the 2020 crop year. Farm sells with full farming rights for the 2021 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”.
Perry & Kim Daugherty
Lynch Law Office
207 S. Washington St.,
Bloomfield, IA 52537
Phone (641) 664-3188
John Probasco (641) 856-7355