Virtual Online Auction
Sale Date: Tuesday, June 27, 2023
Sale Time: 10:00 AM CST
Seller: Jody Clayworth
275.4 Acres± • 2 Tracts
SOLD!
TRACT 1 – $5,050.00 / ACRE = $709,020.00
TRACT 2 – $6,900.00 / ACRE = $931,500.00
TOTAL – $1,640,520.00
LOCATION & AUCTION INFORMATION
The Clayworth Farms are located in Section 16, Douglas Township & Section 17 of Vermillion Township, Appanoose County, IA. (4 miles northeast of Centerville, IA or 4 miles west of Udell, IA). From Centerville, IA go north on State Hwy. 5 approximately 3 miles to 482nd St., turn right or east and proceed 1 mile to Tract 1. To access Tract 2, from Centerville, IA go north on State Hwy. 5 approximately 2 miles to 493rd St. turn right or east and proceed 2 miles to the tract.
Make plans now to participate in this upcoming Appanoose County, IA Land Auction. These farms offer productive tillable farmland and include Pershing, Chequest & Kennebec-Amana soils. Both tracts have a tenant in place for the upcoming 2023 crop year, with the buyer(s) receiving 100% of the cash rent. We look forward to your participation in this upcoming land auction that is located north of Centerville, IA.
BIDDING NOW LIVE!
Jody Clayworth
Representing Attorney:
Rick L. Lynch
Lynch Law Office
207 S. Washington Street
Bloomfield, IA 52537
(641) 664-3188
Auction Representatives:
John Probasco (641) 856-7355
Jim Huff (319) 931-9292
AERIAL VIDEO
TRACT INFORMATION
Tract 1 • 140.40 Taxable Acres±
- FSA information indicates 98.67 acres of tillable cropland, currently in row crop production. The balance of the tract is in wooded draws offering attractive recreational acreage.
- Pershing & Belinda soils.
- CSR2 is 55.9.
- Access is on the northwest by 482nd St.
Tract 2 • 135 Acres± (Subject to survey)
- FSA information indicates 122.94 acres of tillable cropland, currently in row crop production. The balance of the tract feature a small amount of wooded draws and includes Chariton River frontage.
- Chequest, Kennebec-Amana & Pershing soils.
- CSR2 is 70.
- Access is on the southeast by 493rd St.
Please Note: We have been informed by the Appanoose County Recorders Office that this tract will require surveying. The survey will not be concluded until after the auction and the final surveyed acres will be used to constitute the final settlement price.
METHOD
The Clayworth Farm will be sold in 2 individual tracts. All tracts will be sold on a price per acre basis through the marketing method of “Buyer’s Choice”, whereas the high bidder has the privilege to take any or all tracts for their high bid. The tracts will NOT be offered in its entirety or in any combinations. Bidding is NOT contingent upon financing, an appraisal or inspection.
TERMS
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 Thursday, July 27, 2023 upon delivery of a merchantable abstract and deed.
At the conclusion of the auction, the successful bidder(s) shall enter into a written agreement with the seller. Signing of said agreement will be executed via email or DocuSign. The real estate taxes will be prorated to the date of closing. Possession will be given at the time of closing subject to a lease with the tenant. Buyer(s) will receive 100% of the cash rent as a credit at closing. For questions or complete details contact the auction company.
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. The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its “as is” condition and there are no expressed or implied warranties pertaining to the real estate. All announcements sale day shall take precedence over any prior advertising either written or oral.