Wapello County, Iowa 53.26 +/- Acres Land & Home

Wapello County 53.26 Acres – Pending Offer

PROPERTY DESCRIPTION
PROPERTY DESCRIPTION

AUCTION IS CANCELED

For sale is a 2 BR/1 BA home that sits on 53 +/- acres located in Wapello County. Built in 1956, this 1158 sq ft house has gas heat, AC, 2 car attached garage and a 20×30 metal shop and new septic. These 53 acres is an outdoorsman’s dream! This property boarders the Fox Hills Wildlife Management area on the east and west sides to give you access to hundreds of acres of public land. The Des Moines River is your boarder on the south side of the farm with ample catfish and walleye fishing opportunities. There is also electric power at rivers edge set up for a camper or RV. A railroad trestle takes you over the creek into the 30 +/- acres of timber abundant with deer and turkey. There is 10 +/- acres of tillable ground currently in corn/bean rotation that creates income or could make a great food plot. Owning 53 +/- acres but being able to hunt over 1200 acres in your front and back yard is hard to come by. The farm is rented for the 2022 farming season, the buyer will receive the entire 2022 cash rent. Open houses will be on December 20th and December 23rd from 4:30-6:00PM.

For more information on this property in Wapello County property, call Land Agent Jim Davis at 641-777-5484 today to set up a private showing.   

Auction Date: AUCTION IS CANCELED

Auction Time: 1:00 PM – Bidding Ends

Auction Location: BID ONLINE ONLY @ IowaLandCompany.com – Call Land Agent Jim Davis with any questions while registering to bid

Open House: December 20th 4:30-6:00PM and December 23rd 4:30-6:00PM

Sale Method: ONLINE AUCTION. The farm will be offered as one tract. 

Purchase Agreement: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with the seller’s attorney the required earnest money payment. The seller will provide a current abstract at their expense. Sale is not contingent upon Buyer obtaining financing.

Earnest Money: 10% earnest money payment is required on the day of the auction. All funds will be held in the sellers’ attorney trust account. Remaining balance will be due at closing.

Farm Possession: The tillable ground is rented for the 2022 growing season. Partial possession will be at closing, buyer will receive full possession on March 1st, 2023. 

Farm Closing: February 23rd, 2022

FSA Information: Call Land Agent Jim Davis for any FSA information questions prior to auction. Note all FSA information is estimated to the best knowledge of both seller and Iowa Land Company. All information is subject to change.

Mineral Rights: All mineral rights will convey to the buyer.

Bidder Registration: All active bidders must be registered online through Iowa Land Company online bidding software to bid on the property unless special arrangements are made with Iowa Land Company auction representative prior to the auction ending.

Terms and Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied by the Seller or Iowa Land Company.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither Iowa Land Company nor the Seller make any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, it’s condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by Iowa Land Company will take precedence over any previously printed materials or oral statements. Iowa Land Company and Seller reserve the right to preclude any person from bidding if there are any questions as to the person’s credentials or fitness to bid.

Brief Legal Description  

  • 53.26 +/- acres located in Wapello County, Iowa; Agency Township, Section 11. Exact legal will come from the deed.
  • Taxes – $1,872 Estimate Annually

From Agency, Iowa

  • Turn south on Hazel St. go 2.5 miles and farm will be on the left.
  • See Sign
  • Property Address – 5581 Cemetery Road Ottumwa, Iowa
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