Wayne County, IA
18.00 Acres M/L

15th Street & Kirkwood Road
Humeston, IA 50123
Listing #13596


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Property Info

Description

Peoples Company is proud to present 18.02 surveyed acres of Wayne County farmland at a live public auction on Thursday, May 19, 2016 beginning at 2:00 p.m. at Walden Park Golf Course in Corydon, Iowa. Online bidding will be available. This farmland currently has approximately 16.65 acres m/l (subject to reconstitution by Wayne County FSA) enrolled into CRP paying $134.62 per acre expiring in 2020. The CSR on this farm is 33.9 with a CSR2 of 30.2.  If you are looking for a small recreational farm to enjoy the outdoors with peace and quiet, then this farm is a must see. Situated close to the Wayne County and Decatur County line, this area is well-known for monster bucks and great hunting opportunities.

Legal Description

Parcel “A” in the SW ¼ of the SE ¼ of Section 30, and the NW ¼ of the NE ¼ of Section 31, all in Township 69 North, Range 23 West in Wayne County, Iowa.  Exact legal description to be taken from abstract. 

Directions

From the intersection of Highway 2 and Highway 65 in Wayne County travel south on Highway 65 approximately 1.5 miles to Kirkwood Road.  Travel west on Kirkwood Road approximately 2.5 miles.  This farm is situated on the north side of Kirkwood Road and east side of 15th Street.  At this farm, Kirkwood Road turns into a Level C Road and continues west and then curves back north as 15th Street. 

  • Sign On Property: Yes
  • School District: Wayne Community
  • General Area: South of Humeston, Iowa
  • Gross Taxes: $150.00
  • Online Bidding: Yes
  • Auction Date: May 19, 2016
  • Possession: At Closing
  • Terms: Conventional, Cash

Additional Info

Subject to reconstitution by the Wayne County FSA.


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Auction Details

State of Iowa
18.02 Acres M/L
Thursday, May 19, 2016
2:00 PM
Walden Park Golf Course
501 South East Street
Corydon, Iowa 50060

Sells Absolute with an opening bid of $18,000

A 10% Buyer’s Premium Will Be Applied To The Purchase Price.

Farm Lease: Farm is not leased.  No Hunting Leases currently in place.

Sale Method: This property will be offered as 1 individual tract.

Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer.

Taxes: $150 per year estimated

FSA Info:  Subject to reconstitution by the Wayne County FSA.

Earnest Payment: A $10,000.00 earnest money payment is required on the day of the auction.  The earnest payment may be paid in the form of cash or check.  All funds will be held in the Miles Law Firm Trust Account. Balance due at closing. Alan Wilson, Attorney At Law, represents the seller and will handle the closing.                                                                                        

Contract & Title: Immediately upon conclusion of the auction the high bidder will enter into a real estate contract and deposit with Peoples Company the required earnest payment. The seller will provide a current abstract at their expense. Sale is not contingent upon buyer financing. The cost of any escrow closing fees will be the responsibility of the seller.

Closing & Possession: Possession will be granted at closing, on or about June 17, 2016.  Alan Wilson, Attorney At Law, represents the seller and will handle the closing.  The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer.

This sale is subject to all easements, covenants, leases and restrictions of record.  Buyer agrees to assume any and all existing CRP contracts.

All property is sold on an "As is - Where is" basis with no warranties or guarantees, expressed, or implied, made by the Auctioneer or Seller.

Online Bidding:  Peoples Company and/or Seller will not be held liable in case of internet failure during online bidding process.  Internet signal can vary depending on location.

All announcements made day of auction take precedence over prior advertising, either written or oral. The information in this brochure and all ads are believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Overall tract acres, tillable acres, CRP acres, etc. may vary from figures stated in the marketing materials.  Buyers and his/her tax and legal advisors should conduct their own investigation of the property prior to bidding at the auction.  Buyers should verify the information to their satisfaction before bidding.

Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing this auction sales transaction.

Auctioneer & Listing Agent:
Jared R. Chambers
641.414.0234
Jared@PeoplesCompany.com


Video

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Photos

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