Camanche, IA
Located 1 mile south of Low Moor on 380^th Ave to 2698 380^th Ave, Camanche, IA

Bidding Opens: Wednesday, August 10^th  
Bidding Closes: Wednesday, August 17, 2022 at 10AM

18.33 Surveyed Acres M/L – Sells in 1 Tract with 87.5 CSR2

Auctioneer’s Note:  This Steffes Group timed online auction has what you’ve been looking for.  A smaller parcel of land located in the country.  Offering row crop tillable land with 87.5 CSR2 and a former homestead site with a 22’x30’ garage.  Own your own hobby farm in the country!

18.33 Surveyed Acres M/L
This tract of land is located on a hard surface road with a Wick 22’x30’ 3 car garage built in 1991.  Electricity is on the property and there is a well (condition unknown). 
FSA indicates: 15.55 tillable acres
Corn Suitability Rating 2 is 87.5 on the tillable acres.
Located in Section 27, Eden Township, Clinton County, Iowa.
View FSA Field Map
View FSA 156 EZ form
View Soil Map
View Survey

Not included: Vehicles, Farm Equipment
Included: Any items present on the day of closing.

Terms: 10% down payment on August 17, 2022. Balance due at final settlement with a projected date of September 30, 2022, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of September 30, 2022 (Subject to tenant’s rights on tillable land)
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 parcel 22-0605-0000 - $1,630.00 (Approx.)

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 farm is rented for the 2022 farming season. Seller will retain 100% of the cash rent for 2022.
• Seller shall serve termination to the tenant, therefore the land will be selling free and clear for the 2023 farming season.
• 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.
• The land will be surveyed by a licensed surveyor and 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, then adjustments to the final contract price will be made accordingly at closin
• 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.
• 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.
• All drawings, lines and boundaries are approximate and are subject to final survey.
• Selling subject to court approval.
• Steffes Group, Inc. is representing the Seller.
• Any announcements made the day of sale take precedence over advertising.

Seller: David W. Larsen Estate
DeWitt Bank & Trust Co. – Administrator
Roger Hill – Senior Vice President & Trust Officer
Jennifer Condon – Closing Attorney for Seller

For information contact Mason Holvoet of Steffes Group at 319.385.2000 or 319.470.7372