JEFFERSON COUNTY, IA LAND AUCTION - BUCKINGHAM

Jefferson County, Iowa

The Buckingham farm is located approximately 2 miles east of Fairfield, Iowa on Osage Avenue and is further described as being located in Section 33, T72N-R9W, Buchanan Township, Jefferson County, Iowa.

Westbound travelers should take Exit 214 from Highway 34 at Fairfield. Then turn left (south) on Osage Avenue and travel south ½ mile on Osage Avenue to the farm. Eastbound travelers should take Exit 214 from Highway 34 at Fairfield. Then turn right (south) on Osage Avenue and travel south ½ mile on Osage Avenue to the farm.

38.45 taxable acres± • 1 tract

Farmers and investors, be sure to check out this well-maintained Jefferson County, Iowa property.

• 38.45 taxable acres ±
• FSA figures indicate 31.43 cropland acres
• CSR2 rating of 62.1 (on the cropland)
• Soil types include Gara, Otley, Rinda, and Mahaska
• Balance of the tract is a wooded draw
• Improvements include a 24’ x 39’ pole barn, a 27’ x 72’ pole barn, (4) small grain bins (not being used) and a concrete silo
• Access is along the west off of Osage Avenue

The Buckingham farm will be sold on a price per acre basis, based upon the taxable acres.

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 which will take place on or about Monday, October 21, 2024 upon delivery of a merchantable abstract and deed.

The 2024 real estate taxes due and payable in 2025, will be prorated to the date of closing. Possession at closing, subject to an existing lease with the tenant for the 2024 crop year. Seller will retain all of the 2024 income. Farm sells free and clear for the 2025 crop year and beyond.

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, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.