Jackson County, IA Land Auction – Larkey

Monday, December 13, 2021 - 1:00 pm 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

Jackson County, Iowa

The Larkey Trust farm is located in Section 21 & 22 of Maquoketa Township, Jackson County, Iowa. 2 miles east of Maquoketa, Iowa. At the east edge of Maquoketa, IA on St. Hwy. 64 go southeast 1½ miles to 241st Ave. Turn left or north and proceed a short distance to the farm. (Be watching for presale directional signs)

Seller

The Robert F. Larkey Trust

The Myrna J. Larkey Trust

Managed By

Jim Huff (319) 931-9292

John Probasco (641) 856-7355

General Information

434 Acres± (Subject to survey) • 2 Tracts

Open House: Tuesday, December 7, 2021 from 1:00 – 3:00 P.M.

Mark your calendars now for this upcoming Jackson County, Iowa land auction. This diversified farm has it all, including productive tillable farmland, improved pastureland and attractive recreational acreage. The property is highly improved with a 1 1/2 story 4 bedroom home, cattle facilities, storage buildings and grain storage. We urge you to take a look at this awesome Maquoketa, Iowa area farm! You will not be disappointed!

Please Note: This is an ongoing operation and there are several hundred cattle located on the property at this time. Please be respectful of the livestock, gates and personal property when viewing the farm. If you would like a private showing, call Craig Dietz (family member) at (563) 357-0738

Aerial Tour

Tract Information

Tract 1 • 236 Acres± & Country Home (subject to survey)

Physical Address: 3301 241st Ave., Maquoketa, IA 52060

This highly improved tract literally has it all!!!

  • A 1½ story country home with 4 bedrooms offering 1,564 sq. ft. of living area.
  • A 30’ x 30’ detached garage.
  • 26’ x 40’ insulated shop building.
  • A 40’ x 144’ & a 40’ x 127’ hay/equipment storage buildings.
  • A 54’ x 84’ hay/livestock barn with concrete.
  • 280’ of concrete fenceline feed bunks, 48’ of concrete H bunks & there is ample concrete on the property.
  • A 15,000 bu. grain bin built in 2015 and an older 10,000 bu. grain bin.
  • Several other very usable buildings.
  • FSA information should indicate 125.33 acres tillable currently in row crop or forage production. The balance of the tract is in improved pastureland with good interior and exterior fences.
  • The majority of the soils include Fayette.
  • There is a hardwood timber area in the southeast portion of the parcel.
  • Access is on the southeast by 241st Ave.

 

Tract 2 • 198 Acres± (subject to survey)

  • FSA information should indicate 129.94 acres tillable currently in row crop and forage production. The balance of this tract includes an attractive hardwood timber draw, a pond and improved pastureland.
  • Fayette & Arensville-Chaseburg soils.
  • Access is on the north by Cod Fish Hollow Rd. & on the southeast by 241st Ave. via an ingress/egress easement .

Method & Terms

The Larkey farm will be sold in two (2) individual tracts on a price per acre basis, based on a survey that is currently in progress. Tracts 1 & 2 will be sold individually, with Tract 1 being sold first, followed by Tract 2. The farm will NOT be combined at the conclusion of the auction.

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, January 13, 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, subject to the current farm lease with the tenant for the 2021 crop year. Farm sells with full farming rights for the 2022 crop year. The home and outbuildings will be reserved for the tenants until May 15, 2022. Subject to the Iowa Septic System Law, the septic system on Tract 1 is exempt from any testing or upgrades, any future 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”.

Plat Map

Aerial Map

Photos

The Robert F. Larkey Trust

The Myrna J. Larkey Trust

 

Representing Attorney:

William McCullough

3425 East Locust, Suite 201

Davenport, Iowa 52803

Phone: (563)329-4060

 

Auction Managers:

Jim Huff (319) 931-9292

John Probasco (641) 856-7355