DES MOINES COUNTY, IA LAND AUCTION – DEFOSSE

Des Moines County, Iowa

The DeFosse farm is located in Section 21, Huron Township and Section 20, Yellow Spring Township, Des Moines County, Iowa. Ideally located 3 miles east of Mediapolis, Iowa on Co. Blacktop H-38 (Mediapolis Road).

Barbara A. DeFosse & the late Donavon C. DeFosse

Jeff Hoyer (319) 759-4320

The farm consists of 55.4 surveyed acres which will be sold in 2 tracts. Tract 1 will offer a beautiful, very well maintained country home and several outbuildings all situated on 5.84 surveyed acres. Tract 2 includes 49.56 surveyed acres of nearly 100% tillable farmland with an average CSR2 of over 80! Don’t miss this rare opportunity to purchase this country home as well as highly productive farmland in the Mediapolis, Iowa area.

Friday, February 24th • 3:30 – 5:00 PM

TRACT 1 - COUNTRY HOME & OUTBUILDINGS ON 5.84 SURVEYED ACRES

• This beautiful very well maintained country home boasts 3,148 total square feet of living area consisting of 5 large bedrooms and 3 baths. Other features include a modern kitchen, large family and living rooms both with fireplaces, a laundry room and nearly a full basement. The list of amenities is long including; central vacuum, newer Anderson windows, all major appliances, water softener, gas forced air heat, central air and the 1,000 gallon LP tank. The water supply is by a private well with numerous outside hydrants and automatic waterers. Rathbun Regional Water is available.
• The outbuildings include a 40’ x 80’ storage building, 24’ x 36’ garage/workshop, 18’ x 20’ detached garage, 3 combination hay/livestock barns and numerous smaller outbuildings in above average condition. All of this is situated on 5 acres± along a hard surfaced road just minutes outside of Mediapolis, Iowa which shortly will be accessed by a 4 lane divided highway.

TRACT 2 - 49.56 SURVEYED ACRES

• FSA figures should indicate 41.47 acres of cropland.
• The balance of the tract is a small wooded area in the northeast corner and a grass draw.
• Productive tillable soils include Mahaska and Givin.
• CSR2 of 80.8! (Tillable acres)
• Access will be along the west end off of 92nd Avenue via a driveway that will need to be constructed at the buyers expense, if they so desire. Said driveway has been approved by Des Moines County Secondary Roads and will need to meet their requirements and specifications.

The DeFosse farm will be sold in two (2) individual tracts based on a survey that has recently been completed, with the final surveyed acres used to constitute the final settlement price. Tract 1 will be sold first for a “lump sum”, total dollar amount, followed by Tract 2, on a price per acre basis. The farm will NOT be offered in its entirety or in any combinations. Bidding is NOT contingent upon financing, an appraisal or inspection.

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, April 10, 2023 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. Full possession will be given at the time of closing. Tract 2 sells free & clear for the 2023 farming season. Tract 1 is subject to the Iowa Septic System “Time of Transfer” Law and is currently being inspected. Final results will be available prior to the auction.

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”.

Barbara A. DeFosse & the late Donavon C. DeFosse

Representing Attorney:

William R. Jahn, Jr. | Aspelmeier, Fisch, Power, Engberg & Helling, P.L.C.

321 North Third Street, Third Floor, P.O. Box 1046, Burlington, Iowa 52601 | (319) 754-6587

Auction Manager:

Jeff Hoyer (319) 759-4320