Louis Lutz Inc Auction

Location: 100 S Park Ave, Swymour, IA
The Lutz Farm is located in Section 14, Monroe Township, Wayne County, IA. At south edge of Seymour, IA take Co. Rd. S60 (240th St.) south 5 miles to Birch Rd. Turn right or west on Birch Rd. and proceed a ˝ mile to the farm. (Be watching for presale directional signs)
10 AM Tuesday February 26th, 2019
Personal Property
Click on thumbnail to see larger photo and description

This listing posted Jan. 31; for updates or more photos and info, CLICK HERE

114 Acres± (subject to survey) 3 Tracts

TRACT INFORMATION

Tract 1 49 Acres± (subject to survey)

  • FSA information should indicate 24.5 acres tillable that is currently in CRP, with a payment of $73.88 per acre expiring in 2019.
  • Kniffen & Gara soils
  • The balance of this tract features open meadows and wooded draws that offer attractive recreational acreage.
  • Access is on the northeast by 235th St.

Tract 2 36 Acres± (subject to survey)

  • FSA information should indicate 21.8 acres tillable that is currently in CRP, with a payment of $73.88 per acre expiring in 2019.
  • Soils include Gara, Armstrong & Kniffen
  • This remainder of this parcel includes wooded draws, a nearly 1 acre stocked pond and several nice home building sites. There is a rural country cemetery in the northeast portion of the tract.
  • Access is on the east by 235th St. & on the south by Birch Ave.

Tract 3 29 Acres± (subject to survey)

  • This tract features open pasture/meadows with above average fences and includes an attractive home building site. The parcel is improved with a nice 40’ x 60’ Morton storage building and a pond.
  • Kniffen, Armstrong & Gara soils
  • Access is on the northeast by Birch Rd.

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 NOTbe combined at the conclusion of the auction. Bidding is NOTcontingent 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



or email Our Office at [email protected]
©2016. All Rights Reserved. Presented by GPCink® -- Gallatin Publishing Co., 609B S. Main, Gallatin, MO 64640 -- Ph: 660.663.2154 ©