Keosauqua, IA 52565(Van Buren County)

Tract 1 36 Acres (subject to survey)

FSA information should indicate that this tract is nearly 100% tillable.

Soils include Pershing & Belinda.

CSR2 is 56.9.

This tract offers awesome future development potential and includes hard surface road frontage.

Access is on the east by St. Hwy. 1 via a driveway that will require installation. Said driveway installation expense will be at the buyers expense and has been approved by the Iowa DOT.

Tract 2 163 Acres (subject to survey)

FSA information indicates 98.81 acres of tillable cropland. The balance of the tract is in improved pastureland and timber draws.

Soils include Weller, Belinda & Douds.

CSR2 is 55.2 (Tillable Acres)

This parcel is improved with a large turn of the century 4-bedroom home, a 40 x 100 metal storage building, a 40 x 144 all steel open front storage building and a nice hay & livestock barn. There is several hundred feet of continuous fencing, livestock handling pens and several automatic livestock waterers located on the property.

We urge you to take a look at this high caliber combination farm that is nicely located just north of Keosauqua, IA.

Access is on the east by St. Hwy. 1.

METHOD & TERMS

The acres in this brochure are approximate and a survey is in progress and will be completed prior to sale day. The surveyed acres will be used to constitute the final settlement price. Bidding is not contingent upon financing.

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 Monday, May 2, 2022 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing on the tillable acres and pasture on Tracts 1 & 2. The outbuildings and livestock handling pens on Tract 2 will be reserved for the seller until July 1, 2022. Full possession will be given at the time of closing of the home on Tract 2. The farm sells with full farming rights for the 2022 crop year. Subject to the Iowa Septic System Law, the septic system on Tract 2 will require testing. Any future septic system testing or upgrades will be at the buyers expense. For complete details contact the auction company.

All announcements sale day shall take precedence over any prior advertising either written or oral. 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. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold as is.

Barry T. Hotle - Seller

Representing Attorney:

Tim B. Kuiken | Foss, Kuiken & Cochran, PC

100 E. Burlington Ave.

First National Bank Bldg., Suite 201

Fairfield, IA 52556

Phone: (641) 472-3129

Auction Manager:

Jim Huff (319) 931-9292

Jeff Hoyer (319) 759-4320