1,481 Acres M/L – Sells in 13 Tracts! For information contact Nate Larson at Steffes Group, 641.423.1947 or 641.530.5528.

HUGE Monroe County, Iowa Land Auction
1,481 ± Acres – Multiple Tracts

 

Lovilia, Iowa
Land is generally located southwest of Lovilia, Iowa on Highways T19 and H20.

This is Now A Timed Online Auction!

Please call the office for questions or bidding assistance!

1,465 Acres M/L – Sells in 13 Tracts!

Please note Lots will be Tied Together!!

Lots will be tied together and will be set to close simultaneously.  This will be indicated in those lots by a paper clip symbol.  Please hover your mouse over the symbol to see what lots are tied together. The paper clip symbol means that each lot tied will stay in extension until there are no more bids on any of the lots that are tied.

Immediate Possession!

Survey Now Complete!

Tract #1 – 143.74 Surveyed Acres M/L
FSA indicates: 126.48 acres tillable
Corn Suitability Rating 2 of 54 on tillable.
Located in Section 17, Union Township, Monroe County, Iowa

Tract #1 – Taxes
Gross                    $2,202.81
Ag Cr.                    ($99.48)
Family Farm       ($69.46)
Net                        $2,034.00 Approx.

 

Tract #2 – 80.49 Surveyed Acres M/L
FSA indicates 62.76 acres tillable
Corn Suitability Rating 2 of 67.1 on the tillable.
Located in Sections 16 & 17, Union Township, Monroe County, Iowa

Tract #2 – Taxes
Gross    $1,333.71
Ag Cr.    ($59.20)
Family Farm        ($41.35)
Net        $1,232.00 Approx.

 

Tract #3 – 162.79 Surveyed Acres M/L
Approx. 149 acres tillable
Corn Suitability Rating 2 of 71.2 on the tillable.
Located in Sections 16, 17, 20, & 21, Union Township, Monroe County, Iowa

Tract #3 – Taxes
Gross                    $3,126.49
Ag Cr.                    ($138.20)
Family Farm       ($96.52)
Net                        $2,824.00 Approx.

 

Tract #4 –  81.60 Surveyed Acres M/L
Approx. 74 acres tillable
Corn Suitability Rating 2 of 74.6 on the tillable.
Located in Sections 17, 19, & 20, Union Township, Monroe County, Iowa

Tract #4 – Taxes
Gross    $1,455.42
Ag Cr.    ($67.57)
Family Farm        ($47.18)
Net        $1,328.00 Approx.

 

Tract #5 – 48.85 Surveyed Acres M/L
FSA indicates: 20.25 acres tillable, balance being pasture & pond.
Corn Suitability Rating 2 of 47.8 on the tillable.
Located in Sections 17 & 20, Union Township, Monroe County, Iowa

Tract #5 – Taxes
Gross                    $539.40
Ag Cr.                    ($24.35)
Family Farm        ($17.01)
Net                        $497.00 Approx.

 

Tract #6 – 91.38 Surveyed Acres M/L 
FSA indicates: 79.85 acres tillable
Corn Suitability Rating 2 of 74 on the tillable.
Located in Sections 19 & 20, Union Township, Monroe County, Iowa

Tract #6 – Taxes
Gross                    $1,930.16
Ag Cr.                    ($85.29)
Family Farm        ($59.56)
Net                        $1,785.00 Approx.

 

Tract #7 – 70.58 Taxable Acres
Approx. 52 Acres tillable
Corn Suitability Rating 2 of 44.2 on the tillable.
Located in Sections 20 & 21, Union Township, Monroe County, Iowa

Tract #7 – Taxes
Gross                    $733.74
Ag Cr.                    ($33.14)
Family Farm        ($23.13)
Net                        $678.00 Rounded

 

Tract #8 – 78 Taxable Acres
FSA indicates 67.67 acres tillable
Corn Suitability Rating 2 of 36.5 on the tillable.
Located in Sections 28 & 29, Union Township, Monroe County, Iowa

Tract #8 – Taxes
Gross                    $760.12
Ag Cr.                    ($34.32)
Family Farm        ($23.97)
Net                        $702.00 Rounded

 

Tract #9 – 134.27 Taxable Acres
Approx. 110 acres tillable
Corn Suitability Rating 2 of 37.6 on the tillable.
Located in Section 28, Union Township, Monroe County, Iowa

Tract #9 – Taxes
Gross                    $1314.20
Ag Cr.                   ($59.32)
Family Farm       ($41.44)
Net                        $1,213.00 Approx.

 

Tract #10 – 231.78 Taxable Acres
FSA indicates: 174.29 acres tillable
Corn Suitability Rating 2 of 63.8 on the tillable.
Located in Sections 27 & 28, Union Township, Monroe County, Iowa

Tract #10 – Taxes
Gross                    $4,075.93
Ag Cr.                  ($184.04)
Family Farm      ($128.53)
Net                        $3,764.00 Rounded

 

Tract #11 – 79 Taxable Acres
FSA indicates: 58.25 acres tillable
Corn Suitability Rating 2 of 43.7 on the tillable.
Located in Sections 28 & 33, Union Township, Monroe County, Iowa

Tract #11 – Taxes
Gross                    $911.56
Ag Cr.                  ($41.16)
Family Farm      ($28.74)
Net                        $842.00 Rounded

 

Tract #12 – 176.58 Taxable Acres
FSA indicates: 159.48 acres tillable
Corn Suitability Rating 2 of 71.7 on the tillable.
Located in Section 27, Union Township, Monroe County, Iowa

Tract #12 – Taxes
Gross                    $3,556.02
Ag Cr.                  ($160.57)
Family Farm      ($112.11)
Net                        $3,284.00 Rounded

 

Tract #13 – 101.97 Surveyed Acres M/L
FSA indicates 52.04 acres tillable
Corn Suitability Rating 2 of 64.2 on the tillable.
Located in Section 16, Union Township, Monroe County, Iowa

Tract #13 – Taxes
Gross                    $1,626.62
Ag Cr.                   ($71.45)
Family Farm       ($51.29)
Net                        $1,502.00 Rounded

 


TERMS ON ALL TRACTS

Terms: 20% down payment on March 31, 2020.  Balance due at closing with a projected date of April 30, 2020, upon delivery of merchantable abstract and deed and all objections have been met.

Possession: Projected date of April 30, 2020.

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.

 

Special Provisions on All Tracts:

 

Owner: Secured Lender
Dustan Cross – Attorney for Seller


For information contact Nate Larson at Steffes Group,

641.423.1947 or 641.530.5528


Lot #: 1

in: Farmland

Lot #: 2

in: Farmland

Lot #: 3

in: Farmland

Lot #: 4

in: Farmland

Lot #: 5

in: Farmland

Lot #: 6

in: Farmland

Lot #: 7

in: Farmland

Lot #: 8

in: Farmland

Lot #: 9

in: Farmland

Lot #: 10

in: Farmland

Lot #: 11

in: Farmland

Lot #: 12

in: Farmland

Lot #: 13

in: Farmland

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. Steffes Group Inc., agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.