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Auction Information

Henry County, Iowa Land Auction

Wed Oct 27 - 10:00AM


Online Auction, Wayland, MO Click to Map


Sullivan Auctioneers, LLC

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Auctioneer ID#: 43943

Phone: 844-847-2161

License: 444000107

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Wednesday, October 27, 2021 - 10:00 AM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

LOCATION

Henry County, Iowa

The CT Ridge Trust farm is located in Sections 29 & 30, Jefferson Township, Henry County, Iowa. 3 1/2 miles southwest of Wayland, Iowa or 16 miles northwest of Mount Pleasant, Iowa. At the east edge of Wayland, Iowa take Co. Rd. W55 (Franklin Ave.) south 3 miles to Co. Rd. W18 (140th St.). Turn right or west and proceed 3 miles to the farm. (Be watching for presale directional signs)

CT Ridge Calendar-Layout 1

SELLER

CT Ridge Trust

Carey & Tami Roth

MANAGED BY

Jim Huff (319) 931-9292

Jeff Hoyer (319) 759-4320

GENERAL INFORMATION

130 Deeded Acres • 1 Tract

Make plans now for this upcoming Henry County, Iowa land auction. This diverse farm offers productive tillable farmland and income producing CRP. The wooded draws and wooded area offer attractive hunting and recreational acreage. We urge you to take a look at this well cared for farm conveniently located southwest of Wayland, Iowa.


TRACT INFORMATION

  • FSA information indicates 108.49 acres tillable including 59.39 acres in row crop production and 49.10 acres in CRP. The CRP acres include 27.99 acres (CP38E-25) at a payment of $118.00 per acre expiring in 2030; 13.70 acres (CP21) at a payment of $183.92 per acre expiring in 2027; 6.00 acres (CP22) at a payment of $263.69 per acre expiring in 2031; 1.41 acres (CP8A) at a payment of $180.30 per acre expiring in 2030. The total annual payment of these 4 CRP contracts is $7,659.00.
  • Average 2007-2020 yields: 176 bu./acre corn & 54 bu./acre soy beans. (See yield reports on our website)
  • Ainsworth, Okaw & Chelsea-Fayette-Lamont soils.
  • CSR2 is 51.5 (54.8 on the tillable)
  • The balance of this farm is in timber draws offering attractive cover for all species of wildlife.
  • Access is on the north Co. Rd. H18 (140th St.) and on the west by Co. Rd W47 (Ash Ave.)
  • Estimated Real Estate Taxes: $2,656.00

METHOD & TERMS

The CT Ridge Trust farm will be sold in one (1) individual tract on a price per acre basis, based on the advertised acres found in this brochure.

Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 30 days, on or before Tuesday, November 30, 2021 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Possession will be given at the time of closing, subject to the current farm lease with the tenant for the 2021 crop year. Farm sells with full farming rights for the 2022 crop year.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.


Representing Attorney:

Mike Vance

Vance Law Office

101 N. Jefferson St.

Mt. Pleasant, IA 52641

Phone (319) 385-3736

 

Auction Manager:

Jim Huff (319) 931-9292

Jeff Hoyer (319) 759-4320

Auction Listings provided by AuctionZip.com. Although the information published herein is from sources deemed reliable, AuctionZip.com expressly disclaims any liability for errors, omissions or changes regarding any information provided for this auction. Potential buyers are urged to verify auction date, time, and content directly through the auctioneer's website or by contacting the auctioneer directly. The terms and conditions of the auction may or may not be published in this listing. ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY INFORMATION FOUND HEREIN.