Lee County, IA Land Auction – Wheeler

Thursday, October 28, 2021 - 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!

$13,000 PER ACRE

TOTAL – $996,840.00

Location

Lee County, Iowa

The Wheeler farm is located in Section 28, Pleasant Ridge Township, Lee County, Iowa. 2 1/2 miles north of West Point, Iowa on Co. Rd. X23 (240th Ave.). (Be watching for presale directional signs)

Seller

Lorene M. Wheeler Estate

Angela Wagner – Executor

Managed By

Jim Huff (319) 931-9292

Jeff Hoyer (319) 759-4320

General Information

76.68 Taxable Acres± • 1 Tract

Make plans now for this upcoming Lee County, Iowa land auction. This nearly 100% tillable farm offers Givin, Pershing & Mahaska soils and will sell with full farming rights for 2022. The Wheeler farm is conveniently located just north of West Point, Iowa and features hard surface road frontage. We look forward to your participation in this outstanding Lee County, Iowa land auction.

Be watching for a complete listing of the Wheeler Estate personal property auction to include household and collectible items to be sold Thursday, October 28th starting at 11:00 A.M.

Tract Information

  • FSA information indicates 73.85 acres tillable.
  • Productive Mahaska, Givin & Pershing soils
  • CSR2 is 68.3
  • Access is on the west by Co. Rd. X23 (240th St.)

Method & Terms

The Lorene M. Wheeler farm will be sold in one (1) individual tract on a price per acre basis, based on the advertised acres found in this brochure.

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 Tuesday, November 30, 2021 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.

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

Lorene M. Wheeler Estate

Angela Wagner – Executor

 

Representing Attorney:

R. L. (Dick) Fehseke

Fehseke & Gray Law Offices

1023 Ave G

Fort Madison, IA 52627

Phone: (319) 372-7185

 

Auction Managers:

Jim Huff (319) 931-9292

Jeff Hoyer (319) 759-4320