Camanche, IA
Land is located from Highway 30/Lincoln Way, ¾ miles south on Dunn Road.

Bidding Opens: Wednesday, March 29^th   
Bidding Closes: Wednesday, April 5, 2023 at 1PM

115± Acres – Sells in 1 Tract

76.8 CSR2! - Buyer to Receive 100% of 2023 Cash Rent

Auctioneer’s Note: This Timed Online Auction offers tillable land with recreational opportunities. Located between two hard surface roads of Dunn Road & Central Steel Road within the town of Camanche is this 115± acres with approx. 67 acres tillable boasting a 76.8 CSR2.

115± Acres – (subject to final survey)
Approx. 67 tillable acres.
Corn Suitability Rating 2 is 76.8 on the tillable acres.
Located in Section 21, Camanche Township, Clinton County, Iowa.
Zoned RS Suburban Residence with the exception of portions of the far easterly side of parcel 1018350100 which is zoned B-2 Highway Outlaying Commercial.
View FSA 156 EZ form
View FSA Field Map
View Soil Map

Terms: 10% down payment on April 5, 2023. Balance due at final settlement with a projected date of May 19, 2023, upon delivery of merchantable abstract and deed and all objections have been met.
Landlord’s Possession: Projected date of May 19, 2023 (Subject to tenant’s rights on tillable ground).
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.
Tax parcels: 1018350100, 1018360200, 1018340000, 1018330000, Part 1018320000 = $3,608.00 Approx. Net.

Special Provisions:

• This online auction will have a 5% buyer’s premium. This means the buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
• If a bid is placed with less than 4 minutes left, the time on the auction will extend another 4 minutes. This will continue until no bids are placed within the last 4 minutes.
• Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures. In the event the auction bidding closes after 3:00pm, the earnest money will be due the following business day.
• The tillable land is rented for the 2023 farming season. The cash rent is $10,000, which is due November 1, 2023 and will be paid by the tenant to the Buyer.
• It shall be the responsibility of the Buyer to serve tenant of the tillable land notice prior to September 1, 2023, if so desired.
• It shall be the obligation of the Buyer to report to the Clinton County FSA office and show filed deed in order to receive the following if applicable: A. Allotted base acres. B. Any future government programs. Final tillable acres to be determined by the FSA, as field lines overlay tract lines.
• Land will be surveyed by a licensed surveyor, at Seller’s expense. Land will be sold by the acre with gross surveyed acres being the multiplier. In the event the final survey is not completed by auction day or if the recorded survey is different than the announced gross surveyed acres, adjustments to the final contract price will be made accordingly at final settlement/closing.
• This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
• If a Buyer is unable to close due to insufficient funds or otherwise, Buyer will be in default and the deposit money will be forfeited.
• The Buyer shall be responsible for any fencing in accordance with 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.
• All mineral rights, if any, held by Seller will be transferred to Buyer upon closing.
• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
• All lines, drawings, boundaries, dimensions and descriptions are approximations only based upon the best information available and are subject to possible variation. Sketches may not be drawn to scale and photographs may not depict the current condition of the property. Bidders should inspect the property and review all the pertinent documents and information available, as each bidder is responsible for evaluation of the property and shall not rely upon the Seller, Broker or Auctioneer, their Employees or Agents.
• The Buyer acknowledges 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 real estate.
• Steffes Group, Inc. is representing the Seller.
• Any announcements made the day of sale take precedence over advertising.

Seller: Robert L. Stevenson, Jr.

Nicolas AbouAssaly of Simmons Perrine Moyer Bergman P.L.C. - Closing Attorney for Seller