Saturday, January 5, 2019 ~ 10:00 AM
Sale Location:
At the Lenox Community Center, which is
located at 210 East Dallas St., Lenox, Iowa. (South of School)
191.29
Taxable acres m/l in E1/2NE¼ & NE¼SW¼ & E1/2SE¼, except 2.75 acres with house,
sheds & grain bin, in Section 20-72-32, Adams County, IA., subject to any and
all easements.
Tillable ac. 171.0 ac
After
CRP-129.8 ac.
Presently Pasture- 48.4 ac.
CSR2
Rating
60.4/acre
RE Taxes
$
3,842/year
This
farm is a nice well cared for, well tiled, & terraced farm. It has great
location with excellent high-quality ridge land and gently rolling side hills.
There are 2 CRP contracts currently enrolled on the farm.
One for 11.11 ac. CRP paying $273/ac. until 9/30/26 and one for 36.25 ac.
paying $208/ac. until 9/30/23.
Farm will be sold on a
dollar per acres basis to be multiplied by 192.65 acres.
A 10% earnest money payment is required on the day of the auction.
All bids are subject to seller’s approval.
The earnest payment may be paid in the form of cash, cashier’s check,
personal check or company check.
All funds will be held by Wilson, Hanson & Associates Trust account.
Closing will be on or before January 21, 2019.
Immediately upon conclusion of the auction, the higher bidder(s) will
enter into a real estate contract & receive the abstract for Buyer’s
examination. Lease has been terminated & the Buyer has the right to crop said
farm for the 2019 crop year with 100% possession on 3/1/19.
Taxes will be prorated to January 21, 2019, the date of closing.
Each potential bidder is responsible for conducting his or her own due
diligence on the property.
Seller – Gwendolyn Maynes Estate
No absentee or
telephone bids will be accepted at the auction without prior approval of MREI.
Not
responsible for Accidents.
Maynes
Real Estate, Inc.
641-333-2205 ~
www.maynesrealty.com
Paul Maynes, Broker & Executor- 641-782-0552
Heath Downing, Auctioneer- 641-202-6720
The information presented in this auction bill is from sources deemed reliable,
but cannot be guaranteed by Maynes Real Estate, Inc. (MREI).
MREI & its representatives are acting as Agents for the Seller.
All potential bidders are urged to inspect the property, its condition, &
to rely on their own conclusions.
All property is sold on an “AS-IS-WHEREIS” basis with no warranties or
guarantees, either expressed or implied, by the Seller or MREI.
All acreage estimates are approximate more or less.
MREI & the Seller reserve the right to preclude any person from bidding
if there is a question as to the person’s credentials or fitness to bid.
This sale is subject to all easements, covenants, restrictions of record,
& leases. Any announcements made
auction day by MREI will take precedence over any previous printed materials or
oral statements.
All
decisions of the Auctioneer & MREI are final.
All mineral interests owned by the Seller, if any, will be conveyed to
the Buyer.
Your bidding is
not subject to any financing, so financing must be arranged prior to auction.