Buchanan County, Iowa Land Auction 

WALKER, IOWA

Auction to be held onsite at 1913 Benton Buchanan Road, Walker, IA 52329.  From Exit 43 on Interstate 380, proceed 4 miles north on Highway 150, then ½ mile west on Benton Buchanan Road.

160 Deeded Acres M/L – SELLS IN 2 TRACTS

Selling Free & Clear for the 2020 Farming Season!

Open House on Tuesday, February 25^th, 11AM- Noon

LAND SOLD FOR:

Tract 1 - $9,700.00 x 156.29 = $1,516,013.00

Tract 2  - $150,500.00

$1,666,513.00

<Click Here> to View Equipment selling at 11am from the Snyder Estate!

Tract #1 – 156.29 Deeded Acres M/L

FSA indicates:  154.63 acres tillable.

Corn Suitability Rating 2 of 84.3 on the entire tract.

Located in Section 33, Homer Township, Buchanan County, Iowa.

<Click Here> To View Soil Map

<Click Here> To View FSA Information

<Click Here> to View Tile Maps

Tract #2 – Home & Buildings on 3.71 Deeded Acres M/L

Take a look at this large two story, three bedroom, two bath home. This home offers 2,679 sq.ft. of living space on two levels. The main level features a kitchen, living room with wood burning stove, dining room, bathroom and a 15’x30’ deck.  The upstairs has 3 bedrooms. The basement has a gas forced air furnace, washer, dryer, shower & stool. There is an attached 26’x50’ 3 car garage. Outbuildings include 36’x70’ Quonset, 32’x80’ cattle shed, 24’x68’ cattle shed, 13,000 bu. grain bin and other small buildings. The property has a well and is situated on 3.71 acres M/L.

Included: Refrigerator, Stove, Washer, Dryer, 1,000 gal. LP tank

Not Included: All Personal Property

TERMS ON ALL TRACTS

Terms: 10% down payment on March 10, 2020. Balance due at closing with a projected date of April 24, 2020, upon delivery of merchantable abstract and deed and all objections have been met.

Possession: Projected date of April 24, 2020.

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 on Tract #1

Gross                          $5,427.15

Ag. Credit                   ($211.97)

Net                              $5,216.00 (Rounded)

Real Estate Taxes on Tract #2

Gross                          $ 2,083.67

Homestead Cr.          ($135.85)

Net                              $1,944.00 (Rounded)

Special Provisions:

• The land is selling free and clear for the 2020 farming season.
• It shall be the obligation of the buyer to report to the Buchanan   County FSA office and show filed deed in order to receive the following if applicable:   A. Allotted base acres.  B. Any future government programs.
• Seller shall not be obligated to furnish a survey on any Tracts. 
• 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.
• Due to this being an estate, the seller will be exempt from Time of Transfer Inspection of the septic, according to Iowa Code 455B.172(11).  Any future inspections, upgrades, repairs, maintenance or other matters to the septic system will be at the buyer's expense in accordance with Buchanan County & Iowa Laws & regulations.
• The Buyer of Tract #2 shall reimburse the Seller for the remaining LP gas in the LP tank on the day of closing, at the current market rate.
• The buyer(s) shall be responsible for any fencing in accordance with Iowa state law.
• If one buyer purchases more than one tract, the seller shall only be obligated to furnish one abstract and deed. (husband & wife constitute one buyer)
• The buyer(s) 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(s).
• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
• The buyer(s) acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer(s) are 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.