Auction Information
Rebecca Hoenig & Darren Hoenig
Virtual Live Auction!
Sale Date: Tuesday, December 16, 2025
Sale Time: 10:00 AM CST
Seller: Rebecca Hoenig and Darren Hoenig
22.28± Acres (Subject to Survey)
Tract 1 is located in Section 13, T67N•R5W and Tract 2 is located in Section 12, T67N•R5W.
Representing Attorney:
R.L. (Dick) Fehseke, Jr.
Fehseke & Gray Law Offices
1023 Ave G
Ft. Madison, IA 52627
(319) 372-7181
Auction Representative:
Kaycee McGregor (319) 670-8532
LOCATION
Make plans now to participate in this upcoming Lee County, IA land auction. Land is located in Sections 12 & 13, T67N•R5W, Jefferson Township, Lee County, IA.
These tracts represent tillable row crop land, outstanding deer & turkey hunting, attractive home sites and the potential for timber harvesting!
Sells free and clear for the 2026 farming season!
TRACT INFORMATION
TRACT 1 | 13.46± ACRES (Subject to Survey)
FSA figures should indicate 9.40 farmland acres
Sparta loamy, Lawler l...
Sparta loamy, Lawler loam and Saude Soils
CSR2 53.3
Currently in row crop production
Balance in timber
Small Creek
Access is on the West by Ortho Rd.
TRACT 2 | 8.5± ACRES (Subject to Survey)
FSA figures should indicate 3.92 farmland acres
Sparta loamy, Lawler loam and Saude Soils
CSR2 36.8
Currently in Row crop production
Beautiful Waterfront View!
Access is on the West by Ortho Rd.
METHOD AND TERMS
Tracts 1 and 2 will be sold on a price per acre basis, based on surveyed acres & will be sold through the marketing method of “Buyers Choice,” whereas the high bidder can elect to purchase either or both tracts for their high bid. If the high bidder does not elect to purchase both tracts, then the remaining tract will be offered in the same manner.
The tracts will NOT be offered in their entirety at the conclusion of the auction.
Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.
Immediately following the auction, the successful buyer(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. Signing of said agreement will be executed via email, DocuSign, or in person. The balance of the purchase price will be due at closing which will take place on or before Friday, January 16, 2026 subject to court approval. The seller will provide a merchantable abstract and deed. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing.
All announcements made on sale day shall take precedence over prior advertising, either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate, however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no express or implied warranties made by the seller or Merit Auctions pertaining to the real estate, which is being sold “AS IS”.
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