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This listing posted Jan. 31; for updates or more photos and info, CLICK HERE
114 Acres± (subject to survey) • 3 Tracts
Tract 1 – 49 Acres± (subject to survey)
Tract 2 – 36 Acres± (subject to survey)
Tract 3 – 29 Acres± (subject to survey)
METHOD & TERMS
The Lutz Farm will be sold in 3 individual tracts, based on a survey that is currently in progress. All tracts will be sold on a price per acre basis and 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. Tracts will NOT be combined at the conclusion of the auction. Bidding is NOT contingent upon financing.
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, March 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. Full possession will be given at the time of closing. All tracts sell with full possession for 2019.
Louis Lutz Inc.
Jeff Lutz – President
Representing Attorney: Rick Lynch, Lynch Law Office, 603 N Washington St., Bloomfield, IA 52537, Ph: (641) 664-1997
|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.|
Louis Lutz Inc Auction
Questions about this auction? Phone 217.847.2160 or email our office at [email protected].
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