Jefferson County, IA Land Auction – Booth

Thursday, March 17, 2022 - 10:00 am Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

SOLD!

TRACT 1 – $12,000 PER ACRE

TRACT 2 – $5,800 PER ACRE

TRACT 3 – $160,000 LUMP SUM

 

TOTAL – $2,141,716.00

Location

Jefferson County, Iowa

The Booth farm is located in Sections 10, 11 & 14, Locust Grove Township, Jefferson County, IA (4 miles northeast of Batavia, IA or 8 miles west of Fairfield, IA). From the north edge of Batavia, IA on U.S. 34 go east 4 miles to Co. Rd. V63 (Packwood Rd.). Turn left or north and proceed 2½ miles to the farm.

(Be watching for presale directional signs)

Seller

Steve & Susan Booth

Managed By

Jim Huff (319) 931-9292

Jeff Hoyer (319) 759-4320

Dan Sullivan (844) 847-2161

General Information

190 Acres± (subject to survey) 3 Tracts

Open House: Monday, March 7th • 4:00 – 5:00 P.M.

Mark your calendars now for this upcoming Jefferson County, Iowa land auction. Tract 1 features productive tillable farmland, includes Mahaska, Taintor & Giffin soils and is improved with several terraces with tile inlets. Tract 2 offers productive tillable farmland and includes a hardwood timber area offering attractive recreational acreage. Tract 3 is improved with a large 4 bedroom, 2 story country home, a 48′ x 100′ storage building, grain storage and much more. We look forward to your participation in this upcoming Jefferson County, IA land auction.

Tract Information

Tract 1 • 144.93 Surveyed Acres

  • FSA information should indicate 130.98 cropland acres. The balance of the tract is in wooded draws.
  • Productive Taintor, Givin & Mahaska soils.
  • CSR2 is 66.8.
  • This tract is improved with several terraces with drainage tile inlets.
  • Access is on the south by 178th Blvd.
  • Estimated Taxes: $3,669.00

Tract 2 • 41.82 Surveyed Acres

  • FSA information should indicate 27.32 cropland acres. The balance of this tract includes hardwood timber areas offering attractive hunting and recreational opportunities.
  • Keomah, Clinton & Lindley soils.
  • CSR2 is 53.3.
  • Access is on the south by 178th Blvd.
  • Estimated Taxes: $772.00

Tract 3 • 6.85 Surveyed Acres country acreage

  • This tract is improved with a large 2 story country home that includes 4 bedrooms, 1½ baths and hardwood floors on the second level. Recent updates to the dwelling include a new roof in 2021, new AC in 2020 and a new furnace in 2018.
  • There is a 48’ x 100’ storage building, over 40,000 bu. of grain storage and several other useable structures located on the property.
  • If you are looking for an acreage with a tremendous amount of potential with hard surface road frontage, we urge you to take a look at this Jefferson County, IA property.
  • Access is on the east by Brookville Rd. and on the south by 178th Blvd.
  • Estimated Taxes: $1,871.00

Method & Terms

The Booth farm will be sold in three (3) individual tracts on a price per acre basis based on a survey that is currently in progress. Said surveyed acres will be used to constitute the final settlement price. Tracts 1 & 2 will be sold first through the marketing method of “buyer’s choice”, whereas the high bidder can take either or both tracts for their high bid. “Buyer’s choice” auctioning will continue until both tracts have been sold. Tract 3 will be sold next for a lump sum total dollar amount. The farm will NOT be offered in its entirety or in any combinations. Bidding is not contingent upon financing, an appraisal or inspection.

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 Monday, April 18, 2022 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 will be given at the time of closing on all tracts subject to a cash rent lease with a tenant for the 2022 crop year. Buyer(s) will receive 100% of the cash rent for the 2022 crop year as a credit at closing. Full possession will be given at the time of closing on the home and outbuildings on Tract 3. Subject to the Iowa Septic System Law, the septic system on Tract 3 will require testing. Any future septic system testing or upgrades will be at the buyer's expense. 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 MAP

Photos

Steve & Susan Booth

 

Representing Attorney:

Paul Miller  |  Miller Law Office

119 N. Court St., Fairfield, IA 52556

(641) 472-5049

 

Auction Manager:

Jim Huff (319) 931-9292

Jeff Hoyer (319) 759-4320

Dan Sullivan (844) 847-2161