Keokuk County Farmland Auction
Dustin L And Kirby R Phillips, Owners
OPENS: Wednesday, March 1 2023 @ 7 am
ENDS: Wednesday, March 15, 2023, 10 am (soft close)
Directions to farm:
From Hwy 78 between Ollie and Martinsburg turn north on 230th Ave and continue 1.8 mile. Farm will be on the west side of the road. Watch for signs.
Selling as 1 Tract
Jackson Township, Keokuk County, Iowa
89 acres m/l near Ollie, Iowa! Would make an excellent building spot close to the Pekin School District! With the creek and timber this farm would make a great place to hunt! This farm consists of 67.14 acres of cropland. There are 2 ponds on the property and a creek with timber running through it. The approximate CSR2 of 56.3 on the whole farm. Don't miss your chance to own this great farm!
Tillable Acres Maps
Oats Base Acres - 9.4
Oats PLC Yield - 54
Corn Base Acres - 33.2
Corn PLC Yield - 116
Dustin L & Kirby R Phillips, Owner
Craig Davis, Attorney - Myron Greiner, Broker
-TERMS & CONDITIONS-
-METHOD OF SALE: The farm will be sold on a price per acre basis. The multiplier for bidding will be 89 times the per acre bid.
-DEPOSIT: 10% of the final bid price will be paid on the day of the sale. Balance due at closing upon delivery of deed and abstract showing merchantable title.
-PURCHASE AGREEMENT: Successful bidder shall execute a purchase agreement immediately after being declared the winning bidder by the auctioneer. Please note: The purchase agreement will offer -NO contingencies for financing or any alterations to the agreement. Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
-TAXES: Prorated to date of possession based on the last available tax statement.
-CLOSING: On or before May 1, 2023
-POSSESSION: At closing. Buyer will be given farming rights for the 2023 crop season.
Terms: The property is being sold “as is, where is”. All announcements made day of auction shall take precedence over any prior advertising either written or oral. The information in this brochure is deemed reliable; however, no guarantee for its accuracy, errors or omissions is given. All lines drawn on maps, photographs, etc. are approximate. CSR values are derived from Surety Maps and may or may not reflect the values provided by the county assessor’s office. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is selling subject to any and all covenants, restrictions, encroachments, and easements, as well as all applicable zoning laws. Greiner Real Estate & Auction is an agent for the seller. The buyer shall be responsible for installing his/her own entrances if needed or desired. Additional Provisions:
-If future site clean-up is required it shall be at the expense of the buyer.
Auctioneers: Myron Greiner, 319-694-4522