Des Moines County, IA Land Auction – Hines

Hines Cal_9.27

Thursday, October 27, 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

Location

Des Moines County, Iowa

The Hines Farm is located in Sections 19 & 30, Concordia Township, Des Moines County, Iowa. (2 miles south of Burlington, Iowa). From Burlington, Iowa on U.S. Hwy. 61 go south 3½ miles to Co. Rd. X62 (Summer St.). Turn left or northeast and proceed 2¼ miles to 50th St. Turn left or west and go ¾ mile to the property.

(Be watching for presale directional signs)

Hines Cal_9.27

Seller

Megan Hines Estate

Cathy Watson – Executor 

Tamara Behne

Managed By

Jim Huff (319) 931-9292

Jeff Hoyer (319) 759-4320

Inspection

Friday, October 14th • 4:00 – 5:00 PM

Tract Information

31.82 Taxable Acres± • 2 Tracts

Tract 1 - 11.01 Taxable Acres± & Country Home

  • This tract is improved with a large 2-story country home that includes 5 bedrooms, a single bath and offers 1,910 sq. ft. of living area. The home includes a large family room overlooking a nearly 2 acre pond. A GFA furnace provides the heat source for the dwelling with central air and the water supply is provided by a well.
  • There is a 2 car detached garage and other useable outbuildings on the property.
  • FSA information indicates 4.02 acres of tillable cropland, currently in CRP with a payment of $240.00 per acre expiring in 2032. The balance of the parcel is in the homestead and wooded draws.
  • Access is on the south by 50th St. via a recorded 30’ ingress/egress easement.

Tract 2 - 20.81 Taxable Acres±

  • FSA information indicates 11.08 acres of tillable cropland of which 10.21 acres are in CRP with a payment rate of $245.77 per acre expiring in 2026. The balance of the tract is in wooded draws and timber areas offering attractive hunting & recreational acreage.
  • Fayette & Klum soils.
  • CSR2 is 59.4
  • Access is on the north by 50th St.

Method & Terms

The Hines Farm will be sold in two (2) individual tracts based on the acres found in this brochure. Tract 1 will be sold first for a lump sum total dollar amount, followed by Tract 2 which will be sold on a price per acre basis. 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, November 28, 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. Full possession will be given at the time of closing. Subject to the Iowa Septic System Law, this property is held in an estate, therefore is exempt from any septic system testing or upgrades. Any future septic system testing or upgrades will be at the buyer(s) expense.

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 MAPS

Photos

Megan Hines Estate

Cathy Watson - Executor 

Tamara Behne

 

Representing Attorney:

Christopher Wallace  |  Anderson, Roberts, Porth, Wallace, Stewart & Werner LLP

524 N. Main St., Burlington, IA 52601  |  (319) 754-7585

 

Auction Managers:

Jim Huff (319) 931-9292

Jeff Hoyer (319) 759-4320