18 May, 2024 5:54 am
Make plans now to attend this Large Land Auction of CRP & recreational timber land. Your opportunity to name your price on land with CRP income. Several tracts offer potential building sites in the country! For complete details contact auction manager, Nate Larson of Steffes Group, 319.385.2000 or by cell, 319.931.3944
LARGE ESTATE LAND & REAL ESTATE AUCTION
504.02 SURVEYED ACRES – Sells in 6 Tracts
Henry County & Lee County, Iowa
Auctioneer’s Note:Make plans now to attend this Large Land Auction of CRP & recreational timber land. Your opportunity to name your price on hunting land with CRP income. Several tracts offer potential building sites in the country! Also selling are two homes in Burlington, IA.
Auction held at the Steffes Group Auction Facility, 2245 East Bluegrass Road, Mt. Pleasant, IA.
Henry County, Iowa Land – 230.43 Surveyed Acres – 3 Tracts
Henry County tracts are located 2 miles east of Lowell, IA on J20/Salem Road, then 1 mile north on Quincy Avenue. Due to the bridge construction, from Lowell proceed a ½ mile east on J20/Salem Road, then 1 ¾ miles northeast on Perkins Road to Quincy Avenue.
“Selling Choice with the Privilege”
Henry County Tracts #1, 2 & 3 will be sold price per surveyed acre and will be selling Choice with the Privilege. High bidder may take Tract #1, #2 or Tract #3, or any combination of said tracts, in any order, for their high bid. This will continue until Henry County Tracts #1, 2 & 3 are sold. Tracts will not be recombined.
Survey Now Complete!
Tract 1 & 2 <Click Here>
Tract 3 < Click Here>
Henry County, Iowa – Tract #1
94.13 Surveyed Acres
FSA indicates: 69.9 acres tillable all of which are in the CRP program as follows:
69.9 acres at $171.39 = $11,980.16 and expires on 9-30-2020.
Corn Suitability Rating 2 of 59.6 on the tillable acres.
Located in Sections 23 & 26, Baltimore Township, Henry County, Iowa.
There is a cell tower in the southwest corner of this property, with a perpetual easement on said land. Copies of said easement available.
Real Estate Taxes on Tract #1
Gross $1,610.29
Ag. Credit ($78.81)
Net $1,532.00 (Approx.)
Not included:All hunting tree stands
Henry County, Iowa – Tract #2
80.66 Surveyed Acres
FSA indicates: 20.15 acres tillable of which 19.2 are in the CRP program as follows:
15.1 acres at $171.39 = $2,587.98 and expires on 9-30-2020.
4.1 acres at $149.73 = $614.00 and expires on 9-30-2019.
Corn Suitability Rating 2 of 59.1 on the tillable acres.
Located in Section 26, Baltimore Township, Henry County, Iowa.
Real Estate Taxes on Tract #2
Gross $425.67
Ag. Credit ($20.52)
Net $405.00 (Approx.)
Not included:All hunting tree stands
Henry County, Iowa – Tract #3
55.64 Surveyed Acres
FSA indicates: 32.1 acres tillable all of which are in the CRP program as follows:
32.1 acres at $171.39 = $5,501.61 and expires on 9-30-2020.
Corn Suitability Rating 2 of 60.4 on the tillable acres.
Located in Section 23, Baltimore Township, Henry County, Iowa.
Rathbun rural water runs along the south side of this property.
Real Estate Taxes on Tract #3
Gross $837.77
Ag. Credit ($39.09)
Net $799.00 (Approx.)
Not included:All hunting tree stands
Lee County, Iowa Land – 273.59 Surveyed Acres – 3 Tracts
Lee County Tracts #1 & 2 are located 4 miles west of Denmark on Highway 16, then 1 ½ miles north on 255th Ave., then ½ mile east on 120th St., then 1 mile north on 260th Ave., then ½ mile east on 112th St. 112th Street dead ends to the property.
Lee County Tract #3 is located 2 miles south of Wever, IA on Highway 61, then east on 187 Street to 345th Ave.
“Selling Choice with the Privilege”
Lee County Tracts #1 & 2 will be sold price per surveyed acre and will be selling Choice with the Privilege. High bidder may take Tract #1 or Tract #2 or both tracts, for their high bid. This will continue until Lee County Tracts #1 & 2 are sold. Then Tract #3 will be sold. Tracts will not be recombined.
Survey Now Complete!
Tract 1 & 2 <Click Here>
Tract 3 <Click Here>
Lee County, Iowa – Tract #1
39.54 Surveyed Acres
FSA indicates: 23.7 acres tillable all of which are in the CRP program as follows:
16.8 acres at $143.74 = $2,414.83 and expires on 9-30-2020.
6.9 acres at $133.09 = $918.00 and expires on 9-30-2019.
Corn Suitability Rating 2 of 52.2 on the tillable acres.
Located in Section 2, Pleasant Ridge Township, Lee County, Iowa.
Real Estate Taxes on Tract #1
Gross $624.27
Ag. Credit ($35.50)
Net $588.00 (Rounded)
Not included:All hunting tree stands
Lee County, Iowa – Tract #2
196.68 Surveyed Acres
This tract offers hunting & recreation along the banks of the Skunk River!
FSA indicates: 82.87 acres tillable all of which are in the CRP program as follows:
41.87 acres at $217.08 = $9,089.00 and expires on 9-30-2024.
31.2 acres at $143.74 = $4,484.68 and expires on 9-30-2020.
9.8 acres at $239.33 = $2,345.00 and expires on 9-30-2019.
Corn Suitability Rating 2 of 65.6 on the tillable acres.
Located in Sections 1, 2 & 11, Pleasant Ridge Township, Lee County, Iowa.
Real Estate Taxes on Tract #2
Gross $3,393.98
Ag. Credit ($196.44)
Net $3,198.00 (Rounded)
Not included:All hunting tree stands
Lee County, Iowa – Tract #3
37.37 Surveyed Acres
FSA indicates: 15.99 acres tillable all of which are in the CRP program as follows: 15.99 acres at $179.24 = $2,866 and expires on 9-30-2019.
Corn Suitability Rating 2 of 53.9 on the tillable acres.
Located in Section 18, Green Bay Township, Lee County, Iowa.
Real Estate Taxes on Tract #3
Gross $443.08
Ag. Credit ($23.56)
Net $418.00 (Rounded)
Not included:All hunting tree stands
Burlington, Iowa Real Estate – 2 Homes
Open House of both homes will be on Thursday, August 29th from 4-5pm.
“Selling Choice with the Privilege”
Burlington, Iowa Real Estate Tracts #1 & 2 will be sold lump sum price and will be selling Choice with the Privilege. High bidder may take Tract #1 or Tract #2 or both tracts, for their high bid. This will continue until both Tracts are sold. Tracts will not be recombined.
Burlington, Iowa – Tract #1 – 3 Bedroom Home
300 South Central Avenue, Burlington, Iowa
This could be a great investment property! The brick two story home was built in 1920 with 1,972 sq.ft. of living space on two levels. This three bedroom home offers 1 ½ baths and is situated on a 80’x105’ corner lot with a detached 16’x18’ garage with alley access. Zoned R-4.
Not included: Appliances, All personal property of tenant’s
Included: All items present on the day of closing.
Assessed Value:$63,800
Real Estate Taxes
Gross/Net $1,310.00
Burlington, Iowa – Tract #2 – 3 Bedroom Home
1406 Market Street, Burlington, Iowa
Another opportunity for an investment property! The brick two story home was built in 1920 with 1,596 sq.ft. of living space on two levels. This three bedroom home offers 1 bath and is situated on a 40’x60’ lot. Zoned R-4.
Included: All items present on the day of closing.
Assessed Value: $43,000
Real Estate Taxes
Gross/Net $1,164.00
TERMS ON ALL TRACTS
Terms:10% down payment on September 12, 2019. Balance due at closing with a projected date of October 25, 2019, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of October 25, 2019. (Subject to tenant’s rights on home at 300 South Central Avenue)
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 for All Tracts:
Alsace L. Heinold Estate
Dianne Hurman, Randy Cross & Clinton Heinold – Co-Executors
Shane M. Wiley – Attorney for Estate
For complete details contact auction manager, Nate Larson of Steffes Group, 319.385.2000 or by cell, 319.931.3944