Wayne County, IA
483.00 Acres M/L
County Highway J22
Corydon, IA 50060
Price | Click to Bid Online |
Listing | #15151 |

LAND AGENT & AUCTIONEER
Jared Chambers, CAI
Office: 515.222.1347
Mobile: 641.414.0234
Jared@PeoplesCompany.com

Property Info
Description
Legal Description
Directions
- Sign On Property: Yes
- MLS Number: 613510
- School District: Wayne Community School District
- General Area: Northeast of Corydon, Iowa
- Water: Yes
- Zoning: Agricultural
Additional Info
Conservation Plan, CRP contracts and FSA 156 documents are available. Please contact Listing Agents to receive copies of this information.
Interactive Map
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Tracts
Description
Legal Description
Details
- Acres: 81.00 Acres M/L
- Net Taxes: $1,086.00
- CSR2: 39.20
Directions
Description
Legal Description
Details
- Acres: 65.00 Acres M/L
- Net Taxes: $1,112.00
- CSR2: 34.50
Directions
Description
Legal Description
Details
- Acres: 160.00 Acres M/L
- Net Taxes: $2,468.00
- CSR2: 45.40
Directions
Description
Legal Description
Details
- Acres: 79.00 Acres M/L
- Net Taxes: $1,624.00
- CSR2: 59.20
Directions
Description
Details
- Acres: 15.00 Acres M/L
- Net Taxes: $274.00
- CSR2: 50.30
Directions
Description
Details
- Acres: 25.00 Acres M/L
- Net Taxes: $420.00
- CSR2: 59.60
Directions
Description
Legal Description
Details
- Acres: 58.00 Acres M/L
- Net Taxes: $880.00
- CSR2: 49.00
Directions
Bid Now
Auction Details & Terms
Wayne County, Iowa Land Auction
483 Acres M/L (Subject To Final Survey)
Offered In Seven Tracts
Thursday, October 8, 2020 @ 5:00 PM
Auction Location:
Wayne County Fair Event Center
800 2nd Avenue
Corydon, Iowa 50060
#15151 Wayne County Auction Terms & Conditions
Important information regarding COVID-19: Auction will be held on location in a format that satisfies the guidelines and restrictions set forth by the Governor on auction day. In an effort to encourage social distancing and to accommodate those seeking to stay home, the auction will also be available on our Peoples Company online and mobile bidding app and via telephone bidding. Please visit PeoplesCompany.com or contact the Listing Agents prior to the auction for any updates.
Auction Method: Tracts 1, 2, 3, 4, 5, 6 and 7 will be sold on a price per acre basis and will be offered through the marketing method of “Buyer’s Choice”, whereas 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. Tracts will not be offered in their entirety at the conclusion of the auction.
Farm Program Information: Farm Program Information is provided by the Wayne 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, CRP Contracts, etc. are subject to change when the farms are reconstituted by the Wayne 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 cash or check. All funds will be held in the Law Office of Verle W. Norris Trust Account.
Closing: Closing will occur on or before Thursday, November 12, 2020. The balance of the purchase price will be payable at closing in the form of cash, certified check, or wire transfer.
Possession: Possession of the farm will be given at closing. Early possession may be granted for farming and hunting purposes. Contact Auctioneer and Listing Agents for details.
Hunting Lease: There are no hunting leases in place.
Farm Lease: The current farm lease has been terminated. Farm will be open for the 2021 crop season.
Survey Information: Preliminary survey work has been completed and actual tract acres may be adjusted prior to the auction date. Final surveyed tract acres will be announced the day of auction and used in all Purchase Agreements. If tracts sell to different Buyers, then 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. This work will not be completed until after crops are removed.
Contract & Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate sales contract and deposit with Peoples Company 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.
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 a Listing Agent 24 hours prior to the auction.
Driveway Entrances: If these tracts sell to separate owners and if needed, then the new owners of each tract will be responsible for installing a new driveway entrance to their respective tracts and per the Wayne County Engineer’s Office plans and specifications. Any and all costs associated with the installation of new driveway entrances, if needed, will be at the sole expense of the new owners of each tract. The Sellers will not install any new driveway entrances.
Fences: Existing fences, if any, are in as-is condition and will not be updated. 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 Wayne County and State of Iowa fence line rules and regulations.
Other: This sale 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. All bids will be on a per acre basis. 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 abstract.
Seller: Bills Enterprises, Inc.
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