Davis County, IA Land Auction – Smith

Monday, May 16, 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 – $4,700 PER ACRE

TRACT 2 – $5,600 PER ACRE

TRACT 3 – $8,500 LUMP SUM

 

TOTAL – $989,511.00

Location

Davis County, Iowa

The Smith farm is located in Section 3, Fox River Township, Davis County, Iowa. (4 1/4 miles west of Drakesville, Iowa or 11 miles northwest of Bloomfield, Iowa)

From the west edge of Drakesville, Iowa go west on 180th St. 3½ miles to Co. Rd. J3T (Bunch Rd.). Turn left or west and proceed a ½ mile to Doe Ave. turn right or north and go a ½ mile to the farm. (Be watching for presale directional signs)

Seller

The Charley Smith Farm

Carolyn Stanley, Mona Ray Bennett, Lillie Lorraine Jackson, Ronald Laine King & Ward E. Smith

Managed By

John Probasco (641) 856-7355

Jim Huff (319) 931-9292

General Information

192.49 Surveyed Acres • 3 Tracts

Tract Information

Tract 1 • 101.73 Surveyed Acres

  • This nearly 100% wooded parcel offers great cover for all species of wildlife including whitetail deer and wild turkey. There are several home or cabin building sites located on the property. 
  • If you are a hunter or outdoorsman we urge you to take a look at this high caliber tract of which are rarely available at public auction.
  • Access is on the southwest by Doe Ave.

Tract 2 • 89.80 Surveyed Acres

  • Physical Address: 21992 Doe Ave. Drakesville, IA 52552
  • This tract offers heavily wooded areas and wooded draws featuring awesome hunting and recreational acreage. FSA information indicates 4.73 acres tillable that is an ideal area for a food plot.
  • The tract includes a older bungalow style house, a 24’ x 28’ pole building and there are several home buildings sites on the property.
  • Access is on the southwest by Doe Ave.

Tract 3 • .96 Surveyed Acres

  • This small parcel offers an attractive home or cabin building site and is located in close proximity to Camp Wapello and Lake Wapello.
  • Access is located on the northeast by Doe Ave.

Method & Terms

The Smith farm will be sold in three (3) individual tracts based on a survey that has recently been completed, with the final surveyed acres 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.  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 Thursday, June 16, 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 on all tracts. 

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

Survey

Photos

The Charley Smith Farm

Carolyn Stanley, Mona Ray Bennett, Lillie Lorraine Jackson, Ronald Laine King & Ward E. Smith

 

Representing Attorneys:

Ed Cox  |  Craver, Grothe & Cox, LLP

303 W State St., Centerville, IA 52544  |  (641) 436-7280

 

Robert Breckenridge  |  Breckenridge Law PC

345 N Court, Ottumwa, IA 52501  |  (641) 684-6097

 

Auction Manager:

John Probasco (641) 856-7355

Jim Huff (319) 931-9292