Fredrickson Estate Auction

Real Estate

Location: 20471 Old Hwy 2, Bloomfield, IA

The Fredrickson Farm is located in Section 26, Union Township, Davis County, IA. 1½ miles west of the small village of Troy, IA on Co. Rd. J40 or 10 miles east of Bloomfield, IA. (Be watching for presale directional signs)

1 p.m. Tuesday, December 3rd, 2019
Click on thumbnails to see larger photos and descriptions
Photo #1 Photo #2 Photo #3 Photo #4 Photo #5 Photo #6

This listing posted on 11-8-19, for more photos and updates CLICK HERE.

 

Tract 1 • 68 Acres± (subject to survey)

  • FSA information should indicate 67 acres tillable.
  • Productive Edina, Seymour & Kniffin soils.
  • CSR2 is 56.1
  • This tract is improved with terraces with tile inlets.
  • Access is on the north by 210th St.

Tract 2 • 83 Acres± (subject to survey)

  • FSA information should indicate 72 acres tillable, with the balance of this tract in waterways.
  • Seymour, Edina & Armstrong soils.
  • CSR2 is 52 on the tillable acres.
  • This parcel is improved with a 36’ x 40’ storage building, 3 grain bins and terraces with tile inlets. There is a large stock pond on this tract as well.
  • Access is on the south by Co. Rd. J40.

Tract 3 • 70 Acres± (subject to survey)

  • FSA information indicates 58.29 acres tillable
  • Soils include Kniffin, Armstrong & Gara.
  • CSR2 is 46
  • Access is on the north by Co. Rd. J40 & from the south and east by 220th St.

Tract 4 • 5 Acres± Country Acreage (subject to survey)

  • This parcel offers a ranch style country home that offers 1,452 sq. ft. of living area, 1 full bath and a GFA furnace with central air.
  • This tract is improved with several useable structures including a 40′ x 60′ & a 40′ x 72′ storage building.
  • This attractive property is conveniently located on a hard surface road just west of Troy, IA and Rathbun Rural Water is suppling water service.
  • Access is on the south by Co. Rd. J40.

METHOD & TERMS

  • The Fredrickson Farm will be sold in four (4) individual tracts based on a survey that is currently in progress, with the said surveyed acres used to constitute the final settlement price.  Tracts 1 – 3 will be sold through the marketing method of “buyers choice” whereas the high bidder can take any or all tracts for their high bid. Buyers choice auctioning will continue until all tracts are sold. Tract 4 will be sold last for a “lump sum” total dollar amount. The farm will NOT be offered in its entirety or in any combinations. 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 Friday, January 3, 2020 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 on Tracts 1 – 3 will be given at the time of closing, subject to a lease with the tenant. Full possession will be given at the time of closing on Tract 4. Subject to the Iowa Septic System Time of Transfer Law, and since this is in an estate, the septic system on Tract 4 is exempt from any testing or upgrades, it will be the buyers responsibility for any future upgrades or testing. Farm sells free and clear for the upcoming 2020 crop year.
  • 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 Gilbert Fredrickson Estate


Fred Fredrickson – Executor


Representing Attorney: John Martin, Orsborn, Milani, Mitchell, Goedken, Larson & Cox, LLP, 101 S Madison St, Bloomfield, IA 52537, Phone:(641) 664-2025

Fredrickson Estate Auction

For more information, call:
Auction Manager: John Probasco (641) 856-7355


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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