Libertyville, IA 52567(Jefferson County)

Farmers & investors mark your calendars now for this upcoming southeast IA land auction! These farms offer highly productive Haig & Grundy soils with all tracts carrying soils in the mid 70's. These farms have been in the Baird Family for many years and tracts of this quality rarely come up for auction in this area, this is an auction you will not want to miss!

TRACT INFORMATION

Tract 1 - 96 acres (subject to survey)

FSA information indicates approximately 94.93 acres of tillable cropland, with the balance of the tract in waterways

Productive Haig & Grundy soils

CSR2 is 72.5

Access is on the south by 255th St. & on the west by Cresswood Ave.

Tract 2 - 79 acres (subject to survey)

FSA information indicates approximately 78.90 acres of tillable cropland.

Productive Haig & Grundy soils

CSR2 is 75.4

This tract is improved with pattern drainage tile

Access is on the north by Co. Rd. H43 (240th St.)

Tract 3 - 115 acres (subject to survey)

FSA information indicates approximately 109.25 acres of tillable cropland, with the balance in waterway and a wooded draw

Productive Haig & Grundy soils

CSR2 is 72.8

Access is on the north by 250th St. & on the east by Juniper Ave.

Tract 4 - 71 acres (subject to survey)

FSA information indicates approximately 67.51 acres of tillable cropland, with the balance of the tract in waterways and a wooded area in the southwestern portion

Productive Haig & Grundy soils

CSR2 is 74.9

This tract is improved with terraces that include field drainage tile inlets

Access is on the east by Meadow Ave. & on the northeast by Co. Rd. J16

METHOD & TERMS

The Baird Trust Farms will be sold on a price per acre basis, based on surveyed acres. All 4 tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any or all tracts for their high bid. If the high bidder does not elect all tracts, then the remaining tracts will then be offered through the marketing method of Buyers Choice until all tracts are sold. 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 in approximately 30 days on or about December 1, 2025 upon delivery of a merchantable abstract and Deed. 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 current tenant for the 2025 farming season. All tracts sell with full farming rights for the 2026 crop year.

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 pertaining to this property. Real estate is being sold AS IS.

Representing Attorney:

Vanessa M.Y. Willman | Foss, Kuiken, Cochran, Helling & Willman, P.C.

304 S. 20th Street, 2nd Floor, P.O. Box 30, Fairfield, Iowa 52556 | (641) 472-3129

Auction Manager:

Jim Huff (319) 931-9292