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82.19-Acre Land Auction

Location: 1200 E Baker St., Mt. Pleasant, IA

Sale to be held at the Comfort Inn & Suites

1 p.m. Friday January 19th, 2018
REAL ESTATE
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82.19 Acres in 1 Tract

The Manlove Trust Property is located in Section 2, Center Township, Henry County, IA. From the Pilot Travel Center at the northeast edge of Mt. Pleasant, Iowa proceed east on Winfield Ave. (Cty. Rd. H38) 1 1/4 miles east to the farm.

(Be watching for presale directional signs.)

TRACT INFORMATION

  • FSA information should indicate 75.69 acres tillable with the balance in a waterway.
  • Productive Haig & Grundy soils.
  • CSR2 is 73.3
  • This parcel features an excellent opportunity to purchase a nearly 100% tillable tract of land that offers unlimited future development potential. It also has a very desirable location in a fast growing commercial area of Mt. Pleasant, IA.
  • This tract has already had fall tillage practices completed and there has been NH3 applied to approximately 16 acres in the northern portion of the farm.
  • Access is on the west by North Iris Ave. & on the north by Winfield Ave. (Cty. Rd. H38)

METHOD & TERMS

The Manlove Trust property will be sold on a price per acre basis, based on a survey that has recently been completed and will be sold in 1 tract.

Ten (10%) percent of the bid price to be due on the day of sale with the balance due upon delivery of a merchantable abstract and deed. Closing is scheduled to be in approximately 30 days, on or before Monday, February 12, 2018. Immediately following the auction, the successful bidder shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Possession will be given at the time of closing subject to a farm lease for the 2017 crop year. The farm sells free and clear for the upcoming 2018 crop season.

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”

Linnea R. Manlove Trust

Linda J. Phillips, Lana L. Moeller, Lesa Muntz & Jennifer Clark – Sellers

REPRESENTING & CLOSING ATTORNEY: David L. McCoid of McCoid Law Office, 202 North Jefferson Street, Mt Pleasant, IA 52641. Phone: (319) 385-4533.

TRUST ATTORNEY: H. Eugene Anderson  of Anderson, Roberts, Porth, Wallace & Stewart LLP, 524 North Main Street, Burlington, Iowa 52601. Phone: (319) 754-7585

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82.19-Acre Land Auction

For more information, call:
Jeff Hoyer (319) 759-4320 or Jim Huff (319) 931-9292

Ask for Our Office at

or email Our Office at [email protected]
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