Auction Information
Online Bidding SiteJEFFERSON COUNTY, IA LAND AUCTION - MILLANE
Thursday, October 12, 2023 - 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
The Millane farm is located in Sections 4 & 5, Center Township, Jefferson County, Iowa. Generally located 3 1/2 miles northwest of Fairfield, Iowa. From Fairfield, Iowa proceed north 4 miles on Highway #1 to 155th Street, then turn left or west and proceed 4 miles to Hemlock Avenue, turn left or south and proceed 1 mile to 165th Street, then turn left or east 1 mile to the farm.
SELLER
John Millane Estate
John Peiffer - Executor
MANAGED BY
Jeff Hoyer (319) 759-4320
TRACT INFORMATION
100 Acres 1 Tract
FSA figures indicate 99.46 acres of cropland.
CSR2 is 80.8!
Major soil types are Mahaska, Nira and Taintor.
There are no buildings on this tract.
This investment quality farm offers 100% c...
This investment quality farm offers 100% cropland acres and highly productive soils.
Access is on the south off of 165th Street.
METHOD & TERMS
The Millane farm will be sold in (1) one individual tract and will sell on a price per acre basis, based upon the advertised acres found in this advertisement. Said acres will be used to constitute the final settlement price.
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 before November 13, 2023 upon delivery of a merchantable abstract and deed. Real estate taxes will be prorated to the date of closing. Possession will be given at the time of closing, subject to the current lease with the tenant running through February 2024. This farm sells free and clear for the 2024 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, LLC pertaining to this property. Real estate is being sold AS IS.
John Millane Estate
John Peiffer - Executor
Representing Attorney:
Vanessa M.Y. Willman | Foss, Kuiken, Cochran, Helling & Willman, P.C.
100 E Burlington Ave, First National Bank Bldg. Suite 201, Fairfield, Iowa 52556 | (641) 472-3129
Auction Manager:
Jeff Hoyer (319) 759-4320
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Research Parcel InformationDirections
The Millane farm is located in Sections 4 & 5, Center Township, Jefferson County, Iowa. Generally located 3 1/2 miles northwest of Fairfield, Iowa. From Fairfield, Iowa proceed north 4 miles on Highway #1 to 155th Street, then turn left or west and proceed 4 miles to Hemlock Avenue, turn left or south and proceed 1 mile to 165th Street, then turn left or east 1 mile to the farm.