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  • STARTNov 18th - 10:00am

  • VENUEOnline Only

Henry County, Iowa Land Auction

Wednesday, November 18, 2020 at 10:00 A.M.

165.59 Surveyed Acres • 2 Tracts

SOLD! TRACT 1 – $11,000 PER ACRE

SOLD! TRACT 2 – $11,000 PER ACRE

TOTAL – $1,821,490.00

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.


Click here to view results.


Location

The McCormick Farm is located in Section 19, Canaan Township, Henry County, IA (5 miles northeast of Mt. Pleasant, IA). At the north edge of Mt. Pleasant, IA take Co. Rd. H38 (Winfield Ave.) 3½ miles to Marsh Ave. Turn left or north and proceed 3 miles to the farm.

(Be watching for presale directional signs).

Aerial Tour

Tract Information

Tract 1 – 84.33 Surveyed Acres

  • FSA information indicates 79.56 acres tillable
  • Highly productive Mahaska & Taintor soils
  • CSR2 is 84.4!
  • Access is on the north by 190th St.

Tract 2 – 81.26 Surveyed Acres

  • FSA information indicates 79.56 acres tillable
  • Mahaska & Taintor soils
  • CSR2 is 85.7!
  • Access is on the north by 190th St. via a driveway that will require construction. Said driveway has been approved by the Henry County secondary road dept. and is subject to their specifications. All driveway constructions costs will be at the buyers expense. 

 

Method & Terms

The McCormick Farm will be sold in two (2) individual tracts based on a survey that has recently been completed, with the said surveyed acres being used to constitute the final settlement price. Both tracts will be sold 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.  The farm will NOT be offered in its entirety or in any combinations. 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 Friday, December 18, 2020 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 both tracts will be given at the time of closing subject to a farm lease for the 2020 crop year. Both tracts sell 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”.

The McCormick Farm

Marie K. McCormick Revocable Trust
Michael McCormick – Trustee
&
The Family of the Late Dorothy McCormick
James E. McCormick

Representing Attorney:
Michael C. Vance
Vance Law Office
101 N. Jefferson St.
Mount Pleasant, IA 52641
Phone: (319) 385-3736

 

Auction Managers
Jim Huff (319) 931-9292
Jeff Hoyer (319) 759-4320
Craig Hoyer (319) 931-7016

 

PLAT MAP

AERIAL MAP

SOIL MAPS

PHOTOS

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Details

Date:
November 18, 2020
Time:
10:00 am - 11:55 pm
Categories: