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Thompson Land Auction

Location: 1780 Stonegate Center Dr., Burlington, IA

Sale to be held at the Comfort Suites

10 AM Wednesday October 10th, 2018
REAL ESTATE
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142 Acres in 3 Tracts

This listing posted Sept. 14; for updates or more photos and info, CLICK HERE

142 Acres m/l in 3 Tracts

The Thompson Farms are located in Sections 14, 22, & 23, Denmark Township, Lee County, IA. (11 miles southwest of Burlington, IA) At the east edge of Denmark, IA go east 1¾ miles to 320th Ave. Turn left or north on 320th Ave. and proceed ¾ of a mile to Old Quarry Rd. Turn left or northwest on Old Quarry Rd and go 1 mile to the Tracts. (Be watching for presale directional signs.)
 
TRACT INFORMATION

Tract 1 – 101.72± Taxable Acres

  • FSA information indicates 74.45 acres tillable with the balance being in hardwood timber and timber draws. This parcel includes Skunk River frontage and offers several attractive cabin building site areas.
  • Productive Nodaway & Lawler soils
  • CSR2 is 72.6
  • Access is on the west by Old Quarry Rd.
  • Estimated real estate taxes: $2,357.00
     
Tract 2 – 13± Taxable Acres
  • FSA information indicates 9.64 acres tillable. The balance of this tract includes timber areas featuring cover for all species of wildlife and a small pond. If you are in the market for a small tract in the country to build your dream home or a place to get away to the great outdoors we urge you to take a look at this one.
  • Soils include Keomah & Clinton
  • CSR2 is 68.1
  • Access is on the south by 135th St.
  • Estimated real estate taxes: $344.00
     
Tract 3 – 27± Taxable Acres
  • FSA information indicates 9.61 acres tillable. The remainder of this tract offers a hardwood timber area that includes excellent hunting and recreational acreage. There are also several attractive new home building sites on this parcel.
  • Nodaway-Cantril & Keomah soils
  • CSR2 is 46
  • Access is on the north by 135th St.
  • Estimated real estate taxes: $417.00
     
METHOD & TERMS
The Thompson Farm will be sold in 3 individual tracts on a price per acre basis, based on the advertised acres found in this brochure. All 3 tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can take any or all tracts for their high bid. All tracts will be sold individually and will NOT be combined at the conclusion of the auction.
Ten (10%) percent of the bid price to be due on the day of sale with the balance due on or before Monday, November 12, 2018 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder shall enter into a written agreement with the sellers. 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 2018 crop year. For complete details contact the auction company.

Joyce A. Thompson – Seller
Representing Attorney: William J. Cahill, Hirsch, Adams, Putnam, Cahill & Rashid, P.L.C., 1307 Broadway St., West Burlington, IA 52655. Phone: 319-754-7475

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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”.

Thompson Land Auction

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



or email Our Office at [email protected]
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