The Mardelle M. Holst Revocable Living Trust Auction

Real Estate

Location: 300 80th St. Ct.,, Fairfax, IA

The Holst Farm is located in Section 4, Fairfax Township, Linn County, IA. In Fairfax, IA take Cemetery Rd. (Co. Rd. E66) west a ½ mile to Morgan Bridge Rd. Turn right or north and proceed 1½ miles to the farm. (Be watching for presale directional signs)

1 p.m. Thursday, November 14th, 2019
For this auction's sale bill, catalog or poster, CLICK HERE

This listing posted on 10-16-19, for more photos and updates CLICK HERE. 

 

Tract 1 • 104 Acres± (subject to survey)

  • FSA information indicates 101.12 acres tillable with the balance in waterways.
  • Highly productive Muscatine, Franklin & Kenyon soils
  • CSR2 is 82.5!
  • This tract joins the Heartland Heights subdivision area and offers unlimited future development potential in the ever-expanding Cedar Rapids/Fairfax, Iowa area. Farmers and investors we urge you to take a look at this parcel!
  • Access is on the northwest by Angle Rd. & on the west by Morgan Bridge Rd.
     

Tract 2 • 39 Acres± (subject to survey)

  • FSA information indicates 44.83 acres tillable
  • Highly productive soils include Dinsdale, Klinger-Maxfield & Colo
  • CSR2 is 88.1!
  • Access is on the southeast by Angle Rd.

Method & Terms

  • The Mardelle M. Holst Revocable Living Trust land will be sold in two (2) individual tracts, based on a survey that is currently in progress, with the said surveyed acres being used to constitute the final settlement price. Tracts 1 & 2 will be sold on a price per acre basis and offered through the “buyer’s choice” method of marketing whereas the high bidder can take either or both tracts for their high bid. Buyer’s choice auctioning will continue until both tracts have sold. The tracts will NOT be offered in their entirety or in any combinations 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 Monday, December 16, 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. Possession will be given at the time of closing subject to a lease with the tenant. Farm sells with full possession for 2020.
  • 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”.


The Mardelle M. Holst Revocable Living Trust
 

Representing Attorney: Rick Lynch, Lynch Law Office, 207 S Washington St., Bloomfield, IA 52537, Phone: (641) 664-3188

The Mardelle M. Holst Revocable Living Trust Auction

For more information, call:
Auction Managers: Jim Huff (319) 931-9292 & Cody Holst (217) 242-8747


Also Visit: Auctioneer's Website
Questions about this auction? Phone 217.847.2160 or email our office at [email protected].

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Sullivan Auctioneers, LLC

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