Appanoose County, IA
637.63 Acres M/L

110th Avenue
Seymour, IA 52590
Listing #16435


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Property Info

Description

Peoples Company is honored to be representing The Estate of Ronald L. Harris & The Carpenter Family in this ‘No-Reserve’ Auction of 637.63 acres M/L of the family farm located near Seymour, Iowa.

Nine tracts ranging in size from 9.12 acres m/l to 159.82 acres m/l will be offered to present a unique opportunity for you to assemble high-quality farmland, pasture land, and recreational land located in a tightly held area of Appanoose County, Iowa that has not been available to the public in many years.

The way this farm is subdivided offers something for everyone, including the smaller, medium, and large tract buyers. Create the best combination of tracts that offers the optimum purchase for your operation. This is a rare opportunity to assemble good quality tillable ground, hay ground, pasture land, hunting land, and building site locations that best fit your needs and at your price.

These tracts will be offered via a live Public Auction that will take place at 10:00 AM on Friday, October 28, 2022, at the Seymour Community Center located at 135 N 5th St in Seymour, Iowa. The land will be sold as nine individual tracts with Tracts 1,2,3,4,5,6,7, and 8 using the "Buyer’s Choice" auction method on a price per acre basis and the high bidder can take, in any order, any or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all tracts have been purchased and removed from the auction. Tract 9 will be sold individually and on a “whole dollar amount” basis. Tracts will not be offered in their entirety at the conclusion of the auction. This auction can also be viewed through the Peoples Company mobile bidding app and online bidding will be available.

Directions

Tracts 1-9:

Beginning in Seymour, Iowa, travel east along County Highway J46 for approximately 2 miles to 110th Avenue. Travel north along 110th Avenue for approximately 1.25 miles to the farm that is located on both sides of 110th Avenue. Additional access can be made to Tracts 2, 4, and 5 from 105th Avenue located to the west. The local address for Tract 9 is 23762 110th Avenue, Seymour, Iowa 52590. Look for Peoples Company auction signs.

  • Sign On Property: Yes
  • MLS Number: 660923
  • Parcel Number: Multiple
  • School District: Seymour
  • General Area: Seymour
  • Net Taxes: $9,681.00
  • Online Bidding: Yes
  • Auction Date: Oct 28, 2022
  • Possession: Closing
  • Terms: Cash

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Auction Details

#16435 Appanoose County Auction Terms & Conditions

Sellers:
The Estate of Ronald L. Harris & The Carpenter Family
Co-Executors of the Estate of Ronald L. Harris
Terry Carpenter and Brenda Stursma

Attorney for the Sellers:
Verle W. Norris, Attorney at Law
The Law Office of Verle W. Norris
Corydon, Iowa 50060

Auction Location:
Seymour Community Center
135 N 5th St
Seymour, Iowa 52590

Auction Method: Tracts 1, 2, 3, 4, 5, 6, 7, and 8 will be sold on a price per acre basis, based upon a survey that is currently in progress with the final surveyed acres to be used to determine the final settlement price. Tracts 1, 2, 3, 4, 5, 6, 7, and 8 will be offered through the marketing method of “Buyer’s Choice”, where the high bidder can take, in any order, any or all tracts for their high bid. “Buyer’s Choice” auctioning will continue until all tracts have been purchased. Tract 9 will be offered individually and will sell on a “Whole Dollar” amount basis. The final acre amount for Tract 9 is subject to change once the final survey is completed. Tracts will not be offered in their entirety at the conclusion of the auction.

Acre Amounts Listed Below Are all Surveyed Acres:

Tract 1: 79.77 Acres M/L

Tract 2: 54.48 Acres M/L

Tract 3: 34.70 Acres M/L

Tract 4: 86.82 Acres M/L

Tract 5: 80.58 Acres M/L

Tract 6: 80.61 Acres M/L   

Tract 7: 51.73 Acres M/L

Tract 8: 159.82 Acres M/L

Tract 9: 9.12 Acres M/L with home and buildings

Farm Program Information:  Farm Program Information is provided by the Appanoose County Farm Service Agencies. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farms are reconstituted by the Appanoose County FSA and NRCS offices.

Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of a good check or wire transfer. All funds will be held in the Verle W. Norris Trust Account.

Closing: Closing will occur on or around Thursday, December 15, 2022. The balance of the purchase price will be payable at closing in the form of a certified check or wire transfer. With respect to the timing of the Seller and successful Buyer(s) in fulfilling the obligations set forth in the Real Estate Sale and Purchase Agreement, time is of the essence.

Possession: Full possession of the farm will be given at closing, subject to the current tenant’s rights. Tract 9 Buyer will have full possession at closing.

Farm Lease: Tracts 4,6,7, and 8 were rented for pasture and hay. The current farm tenants were served notice. All tracts have open leases for the 2023 farm season.

Survey Information: A survey was done to determine the property boundaries and actual gross acres to be sold.  Final acre amounts for Tracts 1-9 will be announced day of the auction. If any of the tracts sell to different Buyers, then the Sellers will pay for the surveyor to put minimal stakes in the tract splits to identify new boundaries. Any additional staking will be at the expense of the Buyer(s) of each tract.

Contract & Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate sales contract and deposit with The Law Office of Verle W. Norris the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer obtaining financing after the auction is over. All financial arrangements are to have been made prior to bidding at the auction. Transfer of title on the Estate owned land will be made by Court Officer Deed. The Estate Auction is subject to final court approval.

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction. Online and phone bidders must register with the Auctioneer at least 24 hours prior to the start of the auction.

Driveway Entrances: Each tract currently has its own separate driveway entrance from the gravel roads. If the new owner(s) of any tract elect to install a new driveway entrance or widen any current driveway entrance then that owner will be responsible for installing them per the Appanoose County Engineer’s Office plans and specifications. All costs associated with the installation of new driveway entrances or widening of entrances, if needed, will be at the sole expense of the new Buyer(s) of each tract. The Sellers will not install any new driveway entrances or widen any of the existing driveway entrances.

Fences: Existing fences, if any, are in as-is condition and will not be updated. Not all property lines have fences installed. No new fences to divide any of the tracts will be installed by the Sellers. All current and any future fences and fence lines shall be governed by the Appanoose County and State of Iowa fence line rules and regulations. Existing fence lines may not be located on the true boundary lines.

House & Septic System: The property and house located on Tract 9 will be sold on an “as is, where is” basis with no warranties or guarantees, expressed or implied, made by the Auctioneer, Sellers, or Peoples Company. Since the property is owned by an Estate, the Seller is exempt from the Time of Transfer requirements. Should a Buyer want to repair, perform maintenance, or replace the septic system, it will be at their sole expense and responsibility.

Site Cleanup: If a site clean-up is required on any of the tracts, it will be the new Buyer’s responsibility and at Buyer’s expense.

Other: This sale of this farm is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.

Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. Buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from abstracts.

Location


Description

Tract 1 totals 79.77 surveyed acres and offers 70.14 FSA tillable acres with an average CSR2 soil rating of 48.4. This highly tillable farm has over 89% of the acres available to be put into crop production. Tract 1 is in Section 6 of Lincoln Township in Appanoose County, Iowa.

FARM PROGRAM INFORMATION:
Cropland Acres: 70.14
FSA Farm #: 5132
FSA Tract #: 4292
All FSA information, including cropland acres, is subject to change when the farm is reconstituted by the Appanoose County FSA Office and NRCS Office. Please refer to the current FSA 156 and maps for more information.  A preliminary conservation plan is available. Please call the listing agents for details.

Legal Description

Exact legal descriptions will be taken from Abstract and final Survey.

Details
  • Acres: 79.77 Acres M/L
  • Parcel Number: 190194000050000, 190194000030000
  • Net Taxes: $1,022.00

Directions

Beginning in Seymour, Iowa, travel east along County Highway J46 for approximately 2 miles to 110th Avenue. Travel north along 110th Avenue for approximately 2.25 miles to the farm that is located on the west side of 110th Avenue, just south of 524th Street. Additional access can be made to Tracts 2, 4, and 5 from 105th Avenue located to the west. The local address for Tract 9 is 23762 110th Avenue, Seymour, Iowa 52590. Look for Peoples Company auction signs.

 


Description

Tract 2 totals 54.48 surveyed acres with 46.47 FSA tillable acres carrying an average CSR2 soil rating of 43.7. Tract 2 is in Section 7 of Lincoln Township in Appanoose County, Iowa.

FARM PROGRAM INFORMATION:
Cropland Acres: 46.47
FSA Farm #: 5132
FSA Tract #: 4292
All FSA information, including cropland acres, is subject to change when the farm is reconstituted by the Appanoose County FSA Office and NRCS Office. All figures shown are just estimates. Please refer to the current FSA 156 and maps for more information. A preliminary conservation plan is available. Please call the listing agents for details.

Legal Description

Exact legal descriptions will be taken from Abstract and final Survey.

Details
  • Acres: 54.48 Acres M/L
  • Parcel Number: 190194000060000, Part of 190194000040000
  • Net Taxes: $618.00

Directions

Beginning in Seymour, Iowa, travel east along County Highway J46 for approximately 1.5 miles to 105th Avenue. Travel north along 105th Avenue for approximately 2 miles to the farm that is located on the east side and south side of 105th Avenue. The local address for Tract 9 is 23762 110th Avenue, Seymour, Iowa 52590. Look for Peoples Company auction signs.


Description

Tract 3 totals 34.70 surveyed acres with an estimated 24.94 FSA tillable acres.  This mixed-use farm offers farming opportunities as well as recreational opportunities for any type of Buyer. Tract 3 is in Section 7 of Lincoln Township in Appanoose County, Iowa.

FARM PROGRAM INFORMATION:
Cropland Acres: 24.94
FSA Farm #: 5132
FSA Tract #: 4292
All FSA information, including cropland acres, is subject to change when the farm is reconstituted by the Appanoose County FSA Office and NRCS Office. All figures shown are just estimates. Please refer to the current FSA 156 and maps for more information.  A preliminary conservation plan is available. Please call the listing agents for details.

Legal Description

Exact legal descriptions will be taken from Abstract and final Survey.

Details
  • Acres: 34.70 Acres M/L
  • Parcel Number: 190194000070000, Part of 190194000040000
  • Net Taxes: $385.00

Directions

Beginning in Seymour, Iowa, travel east along County Highway J46 for approximately 2 miles to 110th Avenue. Travel north along 110th Avenue for approximately 1.75 miles to the farm that is located on the west side of 110th Avenue. The local address for Tract 9 is 23762 110th Avenue, Seymour, Iowa 52590. Look for Peoples Company auction signs.


Description

Tract 4 totals 86.82 surveyed acres and features an estimated 32.12 FSA tillable acres.  This tract is a great recreational farm with thick brushy areas, big hardwood timber, and secluded food plot locations. Tract 4 is in Section 7 of Lincoln Township in Appanoose County, Iowa.

FARM PROGRAM INFORMATION:
Cropland Acres: 32.12
FSA Farm #: 5132
FSA Tract #: 4292
All FSA information, including cropland acres, is subject to change when the farm is reconstituted by the Appanoose County FSA Office and NRCS Office. All figures shown are just estimates. Please refer to the current FSA 156 and maps for more information. A preliminary conservation plan is available. Please call the listing agents for details.

Legal Description

Exact legal descriptions will be taken from Abstract and final Survey.

Details
  • Acres: 86.82 Acres M/L
  • Parcel Number: 190194001760000, 190194001750000, Part of 190194000070000
  • Net Taxes: $1,047.00

Directions

Beginning in Seymour, Iowa, travel east along County Highway J46 for approximately 2 miles to 110th Avenue. Travel north along 110th Avenue for approximately 1.25 miles to the farm that is located on the west side of 110th Avenue. Access to Tract 2 can also be made from 105th Avenue on the west side. The local address for Tract 9 is 23762 110th Avenue, Seymour, Iowa 52590. Look for Peoples Company auction signs.


Description

Tract 5 totals 80.58 surveyed acres with an estimated 75.27 FSA tillable acres carrying an average CSR2 soil rating of 50.6 on the tillable soils. The Appanoose County CSR2 average is 46 making this tract a highly tillable farm with over 94% of the acres available to be farmed by the new owner. Tract 5 is located in Section 7 of Lincoln Township in Appanoose County, Iowa.

FARM PROGRAM INFORMATION:
Cropland Acres: 75.27
FSA Farm #: 5132
FSA Tract #: 4292
All FSA information, including cropland acres, is subject to change when the farm is reconstituted by the Appanoose County FSA Office and NRCS Office. All figures shown are just estimates. Please refer to the current FSA 156 and maps for more information. A preliminary conservation plan is available. Please call the listing agents for details.

Legal Description

Exact legal descriptions will be taken from Abstract and final Survey.

Details
  • Acres: 80.58 Acres M/L
  • Parcel Number: 190194001720000, 190194001730000
  • Net Taxes: $1,144.00

Directions

Beginning in Seymour, Iowa, travel east along County Highway J46 for approximately 2 miles to 110th Avenue. Travel north along 110th Avenue for approximately 1.25 miles to the farm that is located on the west side of 110th Avenue. Access to Tract 5 can also be made from 105th Avenue on the west side. The local address for Tract 9 is 23762 110th Avenue, Seymour, Iowa 52590. Look for Peoples Company auction signs.


Description

Tract 6 totals 80.61 surveyed acres with an estimated 51.88 FSA tillable acres carrying an average CSR2 soil rating of 42.3 on the tillable soils.  Tract 6 would make a great pasture farm and hunting farm with a lot of big timber and thick areas for turkeys and deer. Tract 6 is in Section 8 of Lincoln Township in Appanoose County, Iowa.

FARM PROGRAM INFORMATION:
Cropland Acres: 51.88
FSA Farm #: 5132
FSA Tract #: 4292
All FSA information, including cropland acres, is subject to change when the farm is reconstituted by the Appanoose County FSA Office and NRCS Office. All figures shown are just estimates. Please refer to the current FSA 156 and maps for more information. A preliminary conservation plan is available. Please call the listing agents for details.

Legal Description

Exact legal descriptions will be taken from Abstract and final Survey.

Details
  • Acres: 80.61 Acres M/L
  • Parcel Number: 190194001710000, Part of 190194001740000, Part of 190194001690000, Part of 190194001700000
  • Net Taxes: $712.00

Directions

Beginning in Seymour, Iowa, travel east along County Highway J46 for approximately 2 miles to 110th Avenue. Travel north along 110th Avenue for approximately 1.25 miles to the farm that is located on the east side of 110th Avenue. The local address for Tract 9 is 23762 110th Avenue, Seymour, Iowa 52590. Look for Peoples Company auction signs.


Description

Tract 7 totals 51.73 surveyed acres and contains an estimated 13.4 FSA tillable acres carrying a CSR2 rating of 44.9 on the tillable soils. The farm has previously been used for pasture, but with all the thick dense habitat, big timber, and secluded areas; this farm could be made into a great hunting and recreational farm. This farm is in Sec 8 of Lincoln Township in Appanoose County, Iowa.

FARM PROGRAM INFORMATION:
Cropland Acres: 13.4
FSA Farm #: 5132
FSA Tract #: 4292
All FSA information, including cropland acres, is subject to change when the farm is reconstituted by the Appanoose County FSA Office and NRCS Office. All figures shown are just estimates. Please refer to the current FSA 156 and maps for more information. A preliminary conservation plan is available. Please call the listing agents for details.

Legal Description

Exact legal descriptions will be taken from Abstract and final Survey.

Details
  • Acres: 51.73 Acres M/L
  • Parcel Number: Part of 190194001690000, Part of 190194001700000
  • Net Taxes: $527.00

Directions

Beginning in Seymour, Iowa, travel east along County Highway J46 for approximately 2 miles to 110th Avenue. Travel north along 110th Avenue for approximately 1.25 miles to the farm that is located on the east side of 110th Avenue. The local address for Tract 9 is 23762 110th Avenue, Seymour, Iowa 52590. Look for Peoples Company auction signs.


Description

Tract 8 totals 159.82 surveyed acres with an estimated 131.65 FSA tillable acres carrying an average CSR2 soil rating of 35.5 on the tillable soils. Most of this farm was previously in CRP, but is now available to be put back into crop production for the 2023 crop year. This farm is in Section 8 of Lincoln Township in Appanoose County, Iowa.

FARM PROGRAM INFORMATION:
Cropland Acres: 131.65
FSA Farm #: 5132
FSA Tract #: 4292
All FSA information, including cropland acres, is subject to change when the farm is reconstituted by the Appanoose County FSA Office and NRCS Office. All figures shown are just estimates. Please refer to the current FSA 156 and maps for more information. A preliminary conservation plan is available. Please call the listing agents for details.

Legal Description

Exact legal descriptions will be taken from Abstract and final Survey.

Details
  • Acres: 159.82 Acres M/L
  • Parcel Number: 190194001650000, 190194001670000, 190194001660000, 190194001680000
  • Net Taxes: $1,534.00

Directions

Beginning in Seymour, Iowa, travel east along County Highway J46 for approximately 2 miles to 110th Avenue. Travel north along 110th Avenue for approximately 1.75 miles to the farm that is located on the east side of 110th Avenue. The local address for Tract 9 is 23762 110th Avenue, Seymour, Iowa 52590. Look for Peoples Company auction signs.


Description

Tract 9 is a hard-to-find country acreage situated on 9.12 surveyed acres and features a newer ranch-style home built in 2017. This beautiful home features a 1594 sq ft main floor living area with an open great room, a beautiful oak kitchen, 2 bedrooms, 1 full bathroom, and main floor laundry.  The basement has 9’ walls, is framed for an additional family room and 2 bedrooms with egress windows, and is plumbed for a full bathroom. There is an attached two-car garage plus an additional detached garage, a 60’ x 60’ metal building with a concrete floor, and a small grain bin.

The local address for Tract 9 is 23762 110th Avenue, Seymour, IA 52590.

An ‘Open House’ for Tract 9 will be held on Saturday, October 22nd from 10:00 am to 12:00 Noon.

FARM PROGRAM INFORMATION:
Cropland Acres: 4.5
FSA Farm #: 5132
FSA Tract #: 4292
All FSA information, including cropland acres, is subject to change when the farm is reconstituted by the Appanoose County FSA Office and NRCS Office. All figures shown are just estimates. Please refer to the current FSA 156 and maps for more information.

Legal Description

Exact legal descriptions will be taken from Abstract and final Survey.

Details
  • Acres: 9.12 Acres M/L
  • Parcel Number: 190194001740000, 190194001690000
  • Net Taxes: $2,692.00

Directions

Beginning in Seymour, Iowa, travel east along County Highway J46 for approximately 2 miles to 110th Avenue. Travel north along 110th Avenue for approximately 1.25 miles to the farm that is located on the east side of 110th Avenue. The local address for Tract 9 is 23762 110th Avenue, Seymour, Iowa 52590. Look for Peoples Company auction signs.



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Photos

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Jared Chambers, CAI

REALTOR® & AUCTIONEER

Jared@PeoplesCompany.com
Office: 515.222.1347
Mobile: 641.414.0234