|Real Estate & Personal Property|
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This listing posted Dec.20; for updates or more photos and info, CLICK HERE
249 Acres± (subject to survey) • 3 Tracts
Mark your calendars now for this upcoming Jefferson County, Iowa land auction. This family farm represents over 50 years of the late Keith Shafer’s commitment to soil and water conservation. With a passion for hunting he developed multiple wildlife habitats for deer, turkey and small game. This is an auction that you will not want to miss!
Tract 1 – Country Log Home & 22 Acres± (subject to survey)
Tract 2 – 156 Acres± (subject to survey)
Tract 3 – 71 Acres± (subject to survey)
METHOD & TERMS
The Shafer Farm will be sold in 3 individual tracts, based on a survey that is currently in progress. Tract 1 will be sold first for a lump sum total dollar amount. Tracts 2 & 3 will be sold next on a price per acre basis and will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can take either or both tracts for their high bid. 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 in approximately 30 days, on or before Tuesday, February 26, 2019 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. The real estate taxes will be prorated to the date of closing. Subject to the Iowa Septic System “Time of Transfer Law” the septic system on Tract 1 will require updating. Any updating expenses will be the responsibility of the buyer. Full possession will be given at the time of closing on Tracts 1 & 3. Possession will be given at the time of closing on Tract 2, subject to a farm lease on approximately 14 acres, with the buyer receiving 100% of the cash rent. There are no hunting leases associated with the property. For complete details contact the auction company.
Shafer Brothers, LLC
Allen Shafer, Herb Shafer, Mark Shafer & Lynn Shafer – Sellers
Representing Attorney: Tim B. Kuiken, Foss, Kuiken, & Cochran, P.C., 100 E. Burlington Ave.
|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.|
Shafer Brothers, LLC Auction
Questions about this auction? Phone 217.847.2160 or email our office at [email protected].
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