273 Acres M/L Franklin County, Iowa

LAND AUCTION THURSDAY, JUNE 8, 2023 AT 9:00 A.M.

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Land Auction Franklin County | 273 Acres m/l | Huff Land Company

LAND AUCTION Franklin County 273 Acres M/L Thursday, June 8th, 2023, at 9:00 a.m. Live Auction Held at Mark Arends Auction Shed 16557 130th St. Aplington, Iowa

Auction Method: Tracts #1,#2,#3 & #5 will be offered as choice, with highest bidder given choice of any or all tracts. Tract #1 will be sold as 111 acres m/l, Tract #2 will be sold as 45 acres m/l & Tract #3 will be sold as 59 acres m/l Tract and Tract #5 will be 52 Acres. Tract #4 will be sold as a lump sum.

Land Location: Tracts #1& #4 are located at 482 Yarrow Ave. Ackley, IA and Tracts #2, #3 & #5 are located at 535 Yarrow Ave Ackley, IA.

Tract #1 111 Acres m/l
Taxable Acres 110.96 m/l
Tillable Acres 110.96 m/l
Average CSR2 82.7 per Agridata
Taxes TBD, approximately $25 per acre

Tract #2 45 Acres m/l
Taxable Acres 44.72 Acres m/l
Old Building site, buildings and pasture ground
Taxes TBD

Tract #3 59 Acres m/l
Taxable Acres 59 m/l
Tillable Acres 59 m/l
Average CSR2 79.2 per Agridata
Taxes TBD, estimated at approximately $25 per acre

Tract #4 4.74 Surveyed Acres
482 Yarrow Ave. Ackley, Iowa. House and buildings.
2 bedroom 1 bath, 1629 sq ft.,detached garage, 40×70 Machine shed and numerous other outbuildings. Property taxes estimated to be $1300 yearly.

Tract #5 52 Acres m/l
Taxable acres 52 m/l
Tillable acres 52 m/l
Average CSR2 85 per Agridata
Taxes TBD, estimated at $25 an acre
Property Taxes: Property taxes will be prorated to the date of closing.

Survey is completed for the Tract #2 and Tract #4. Final purchase price will be sold using gross acres as the multiplier on tracts 1-3 & 5. Tract #4 will be lump sum.

Final sale is subject to seller approval or rejection. Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with the seller’s attorney the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer obtaining financing.

10% earnest money payment via good check is required on the day of the auction. All funds will be held in Huff Land Company’s trust account. Remaining balance will be due at closing

Closing to take place on or before Thursday August 17th, 2023.

All mineral rights owned by the seller will convey to the buyer. Subject current tenants rights. Full Possession will be March 1st 2024. All active bidders must be registered prior to bidding on the farm. If you have an interest in bidding but can not be at the auction call Mark Arends prior the auction to bid by phone. Online bidding will be available. This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied by the Seller, Auctioneer or Broker

Information provided herein was obtained from sources deemed reliable, but neither the Auctioneer, Broker or Seller make any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, it’s condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by the broker or auctioneer will take precedence over any previously printed materials or oral statements.

42.6127, -93.0467

Jake Huff

Broker/Owner Huff Land Company

319-415-6226
jake@hufflandcompany.com

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