Hoenig - Lee County, Iowa Land Auction - 56.43 Deeded Acres - 1 Tract

Farm Auction in 265th Avenue Ft. Madision, IA 52627, Ft. Madision Iowa, United States

12 Tuesday
February 12th, 2019 10:00 AM
Steffes Group Inc.
Phone: (701) 237-9173

Hoenig - Lee County, Iowa Land Auction - 56.43 Deeded Acres - 1 Tract

Farm Auction in 265th Avenue Ft. Madision, IA 52627, Ft. Madision Iowa, United States

Tuesday at - 12th February , 2019

Disclaimer


TERMS & CONDITIONS All items sold AS IS WHERE IS. Payment (Cash or Check) must be made sale day before removal of items. Announcements made sale day take precedence over all previous advertising. Titles (if any) will be mailed to buyers within two weeks of auction date. A document fee of $35 applies to all titled vehicles.  


International buyers please check your importing regulations prior to bidding. Real Estate terms and conditions will vary per auction.    


WEBSITE ADDRESSES (ONLINE & ONLINE ONLY) www.steffesauctioneers.com   www.IQBID.com    


CORPORATE OFFICE


Steffes Auctioneers Inc.


2000 Main Avenue East


West Fargo ND 58078-2210


Phone: (701) 237-9173(701) 237-9173


Toll Free: (800) 726-8609(800) 726-8609


Fax: (701) 237-0976


E-Mail: mail@steffesauctioneers.com  scott@steffesauctioneers.com


AUCTIONEER LICENSES

Scott Steffes ND81 & MN14-51


Bob Steffes ND82 & MN14-09


Brad Olstad ND319 & MN14-70


Clark Sather ND463 & MN54-05      


REAL ESTATE MARKETING


Scott Steffes, Broker


Rodney Steffes, Licensed Sales Associate


Geri Paul, Licensed Sales Associate


Ashley Huhn, Licensed Sales Associate    


LITCHFIELD OFFICE


Steffes Auctioneers Inc


24400 MN Highway 22 South


Litchfield, MN 55355


Phone: (320) 693-9371(320) 693-9371  


Fax: (320) 693-9373


Email: eric@steffesauctioneers.com


kayla@steffesauctioneers.com


ashley@steffesauctioneers.com


randy@steffesauctioneers.com




AUCTIONEER LICENSES


Eric Gabrielson, MN47-006, ND890


Ashley Huhn, MN47-002, ND843


Randy Kath, MN47-001, ND894

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Auction Items For Sale

Tillable land with CRP income! For details contact auction manager Terry Hoenig of Steffes Group, 319.385.2000 or by cell, 319.470.7120

LEE COUNTY LAND AUCTION

FT. MADISON, IOWA
Land is located ¾ miles south on 53rd Street, then 1 mile west on 240th Street, then ¾ miles south on 265th Avenue.  Watch for auction signs.

Auction to be held at the Quality Inn, 6169 Reve Court, Ft. Madison, IA


Selling Free and Clear for 2019 Farming Season!

 

56.43 Deeded Acres M/L – SELLS IN 1 TRACT

Take a look at this unique property!  This land has approx. $3,362 of yearly income from the CRP land, which has the CP5A practice of trees.

This piece offers cover for wildlife as it borders other land with water & timber.  This is an opportunity to own a piece of land close to Ft. Madison, with a potential building site in the country.

FSA information: 41.36 acres tillable, of which 16.01 acres are in the CRP program as follows:  16.01 acres at $210.02 = $3,362 and expires on 9-30-2031.

Corn Suitability Rating 2 of 52.6 (56.1 CSR1) on the tillable.

Located in Sections 14 & 23, Jefferson Township, Lee County, Iowa.


Terms: 10% down payment on February 12, 2019. Balance due at closing with a projected date of March 27, 2019, upon delivery of merchantable abstract and deed and all objections have been met.

Possession: Projected date of March 27, 2019.

Real Estate Taxes:  To be prorated to date of possession on the basis of the last available tax statement.  Seller shall pay any unpaid real estate taxes payable in prior years.

Real Estate Taxes

Gross:                        $925.38

Ag. Credit:                 ($51.22)

Net:                             $874.00 (Rounded)


Special Provisions:

  • The land is selling free and clear for the 2019 farming season.
  • It shall be the obligation of the buyer to report to the Lee County FSA office and show filed deed in order to receive the following if applicable:   A. Allotted base acres.  B. Any future government programs. C. CRP prorate.
  • Buyer agrees to follow all requirements of conservation plans and practices required by the FSA to maintain eligibility in the Conservation Reserve Program. Buyer agrees to accept responsibility and liability for any actions by the buyer which would endanger eligibility for the CRP or actions that would require repayment of the CRP payment or payments. Buyer further agree to indemnify and hold harmless the sellers for any recovery sought by the FSA due to actions of buyer, which would violate the requirements of the CRP. In the event the buyer elects to take the ground out of CRP, the buyer will be responsible to the seller for any prorate of the CRP payment that the seller would have received.
  • The seller shall not be obligated to furnish a survey.
  • This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
  • Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
  • The buyer shall be responsible for any fencing in accordance with Iowa state law.
  • The buyer shall be responsible for installing his/her own entrances if needed or desired.
  • If in the future a site clean-up is required it shall be at the expense of the buyer.
  • This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
  • The buyer acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.
  • Steffes Group, Inc. is representing the Seller.
  • Any announcements made the day of sale take precedence over advertising.

 

Owners: Warren D. & Rebecca S. Hoenig and Roger L. & Laura A. Hoenig
R.L. “Dick” Fehseke, Jr. – Attorney for Seller

For details contact auction manager Terry Hoenig 
of Steffes Group, 319.385.2000 or by cell, 319.470.7120