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Jefferson County Iowa Land Auction
Land is located 2 miles north of Lockridge, IA on Vetch Blvd, then ½ mile east on 195th St.,
then 1 mile north on Walnut Ave.
Auction to be held at the Steffes Group facility, 605 East Winfield Avenue, Mt. Pleasant, IA
Land Sold for
$2,450 x 65 Acres = $159,250
65 Taxable Acres of Hay Ground, Timber & Recreational Land
– Sells in One Tract
If you are looking for a secluded hunting or recreational getaway, then this may be the tract of land for you. Located down a dead end road is 65 acres that has 24.21 acres tillable with a CSR2 rating of 52.8. The tillable ground has been used as hay ground. Balance of the land is timber with no buildings on this property.
Located in Section 14, Lockridge Township, Jefferson County, Iowa.
TERMS & CONDITIONS
TERMS: 20% down payment on May 26, 2016. Balance due at closing with a projected date of July 11, 2016, upon delivery of merchantable abstract and deed and all objections have been met.
POSSESSION: Projected date of July 11, 2016.
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.
The following taxes are approximate and will be used to prorate at closing.
Gross: $852.52
Ag Land Cr: ($25.08)
Net Taxes: $826.00 (rounded)
SPECIAL PROVISIONS:
~ There is a recorded easement for ingress and egress that benefits this property for access. The easement is 20’ wide over the existing grass path of the adjoining land not selling.
~ The sellers shall not be obligated to furnish a survey.
~ It shall be the obligation of the buyer to report to the Jefferson 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 buyer shall be responsible for any fencing in accordance with Iowa state law.
~ This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
~ If in the future a site clean-up is required it shall be at the expense of the buyer.
~ The buyer acknowledges that he/she has carefully and thoroughly inspected the real estate and is 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.
~ Any announcements made the day of sale take precedence over advertising.
Owner: Waterhouse Family
William R. Jahn, Jr.– Attorney
For information contact Lynn Richard at
Steffes Group, 319.385.2000 or 319.931.9090 (cell)
Downloads:
Soil Map - Tillable
Day of Auction Contract
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