WAYNE COUNTY, IA LAND AUCTION - EWING

Tuesday, June 25, 2024 - 1:00 PM

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at

LOCATION


The Ewing Family Farm is located 1 1/2 miles west of the small town of Confidence, Iowa on County Road J18/S56 or 8 1/2 miles south of Russell, Iowa on County Road S56. The farm is further described as being located in Section 16, Wright Township, Wayne County, Iowa.

SELLER


Ewing Family Farms LC

Todd Ewing & Jeff Ewing

MANAGED BY


Jeff Hoyer (319) 759-4320

GENERAL INFORMATION


155.53 surveyed acres • 1 tract

Mark your calendars now to participate in this fast approaching Wayne County, Iowa land auction. The Ewing Family Farm represents very productive cropland acres and is well over 90% tillable and has been very well maintained. Take a look and be logged in to bid on Tuesday, June 25th!

SOLD!

TRACT 1 - $7,250.00 PER ACRE

TOTAL - $1,127,592.50

TRACT INFORMATION


  • FSA figures indicate 142.97 cropland acres (new measurement).
  • Predominate soil type is Seymour.
  • CSR2 is 45.1 (entire tract).
  • The farm has been improved with several drop inlet terraces and has had tile installed in the waterways to accommodate additional terraces.
  • A manure management plan is in place and can continue if buyer chooses to do so (contact the auction manager for details).
  • Very productive tract of land and over 90% tillable.
  • Access is on the east off of 220th Street (level B road) and on the west off of County Road S56.

METHOD & TERMS


The Ewing Family Farm will be sold in one (1) individual tract on a price per acre basis, based on a survey that has recently been completed. 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 August 9, 2024 upon delivery of a merchantable abstract and deed. Taxes will be prorated to the date of possession. Possession will be given at the time of closing, subject to the current lease with the tenants running through February 2025. Buyer(s) will receive 50% of the cash rent as a credit at closing. Contact the auction manager for lease details. Farm sells free and clear for the 2025 farming season.

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”.

AERIAL TOUR


PLAT MAP


AERIAL MAP


SOIL MAP


SUBJECT PHOTOS


Ewing Family Farms LC

Todd Ewing & Jeff Ewing

Representing Attorney: Paul D. Hietbrink | BrownWinick Law

666 Grand Avenue Suite 2000, Des Moines, IA 50309 | (515) 242-2445

Auction Manager: Jeff Hoyer (319) 759-4320