Yarmouth, IA 52660(Des Moines County)

Mark your calendars now for this end of year Des Moines County, Iowa land auction. The Jones farm represents highly productive tillable farmland with CSR2 values well over 80 and is nearly 100% tillable! Don't miss this opportunity to add tillable acres to your current farming operation with a very desirable location.

TRACT INFORMATION

Tract 1 74 Deeded Acres

FSA figures indicate 72.33 cropland acres

Major soil types are Mahaska, Nira and Taintor

CSR2 (tillable acres) is 86.0

Highly productive tract of land

Access is on the west off of 190th Ave

Tract 2 40 Deeded Acres

FSA figures indicate 39.73 cropland acres

Major soil types are Otley and Mahaska

CSR2 (tillable acres) is 83.7

Highly productive tract of land

Access is on the east off of 190th Ave

METHOD & TERMS

The Jones Farm will be sold in (2) two individual tracts. Both tracts will sell on a price per acre basis, based upon deeded acres found in this brochure. Deeded acres will be used to constitute the final settlement price. Both tracts will be sold through the marketing method of Buyers Choice whereas the high bidder can elect either or both tracts for their high bid. Buyers Choice auctioning will continue until both tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction. 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. The balance of the purchase price will be due at closing which will take place on or about January 31, 2025 upon delivery of a merchantable abstract and deed. Taxes will be prorated to the date of possession. Possession of both tracts will be given at the time of closing. Farm sells free and clear for the 2025 farming season.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made sale day 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 expressed or implied warranties made by the seller or Sullivan Auctioneers, a BigIron company pertaining to this property. Real estate is being sold AS IS.

Yvonne "Bonnie" Jones Estate

Robert Jones - Executor

Representing Attorney:

Brian J. Helling | Aspelmeier, Fisch, Power, Engberg & Helling, PLC

321 N 3rd St, Burlington, IA 52601 | 319-754-6587

Auction Manager:

Jeff Hoyer (319) 759-4320

Casey Bowen (319) 572-5443