Des Moines County, Iowa ONLINE ONLY FARMLAND AUCTION
Begins:
Saturday, Oct. 7th 2023 at 12:00 AM
Ends:
Wednesday, Nov. 8th 2023 at 1:00 PM
Des Moines County, Iowa
ONLINE ONLY FARMLAND AUCTION
61.44± ACRES ∙ 1 TRACT
BIDDING ENDS: WEDNESDAY, NOVEMBER 8, 2023 | 1PM
Location & General Information
The Orton Family Farm is located in Section 16, T71N∙R1W, Jackson Township, Des Moines County, Iowa and is generally located 10.5 miles northeast of Burlington, IA or 13 miles southeast of Mediapolis, IA. Land represents Quality NHEL Farmland with an average CSR2 of 74.5. This is a great farm to add to your farming operation or investment portfolio.
FARM DETAILS
- FSA information indicates 58.43 NHEL tillable acres
- Productive Dolbee, Bolan & Zook soils
- Tillable acres CSR2 of 74.5
- Available for the 2024 crop year
- Access is from the south off 180th Street
AUCTION DETAILS
How to Bid: Open up the Fraise Auction & Real Estate auction you are interested in at Fraiseauction.com. Click on any of the BID NOW icons within that auction. This will take you to the Online Bidding Platform. Find the auction you wish to participate in and open it up. To participate in that auction click REGISTER TO BID. From there you will need to create a bidder account. Once that is created you are able to bid on any of our Online Auctions
Auction Method: The Orton Farm will be sold in one individual tract on a price per acre basis, based on the number of advertised acres. Auction is being conducted Online Only with a soft close, which means a bid placed within 3 minutes of the scheduled close of the auction will extend bidding by 3 minutes until all bidding is completed. If you plan to bid, please register 24 hours prior to close of the auction. Under no circumstances shall Bidder have any kind of claim against Fraise Auction & Real Estate if the internet service fails to work correctly before or during the auction.
Survey: Seller shall not be obligated to perform a survey.
Farm Lease: Buyer will have full possession for the 2024 farming season.
Earnest Money Payment: A ten (10%) percent nonrefundable earnest money payment is required on the day of the auction. All funds will be held in the Fraise Auction & Real Estate Trust Account.
Closing & Possession: Closing will occur on or about December 8, 2023, at which time possession will be given. The balance of the purchase price will be payable at closing in the form guaranteed check or wire transfer.
Contract & Title: Immediately up conclusion of the auction, the high bidder will enter into a real estate sales contract with the Seller. The Seller will provide a current abstract at their expense. Real estate taxes will be prorated to the date of possession. Sale is NOT contingent on Buyer’s financing, an appraisal, site inspection or any other contingencies. Real estate sells subject to Seller’s confirmation.
Other: It shall be the Buyer’s responsibility to report to the Des Moines County FSA office and show filed deed in order to receive the following, if applicable (A) Allotted base acres; (B) Any future government programs; (C) Prorate of CRP. The land is selling subject to all easements, covenants, leases and restrictions of record. All property is sold on an “As Is, Where Is” basis with no warranties, expressed or implied made by the Auctioneer, Fraise Auction & Real Estate or Seller. Fraise Auction & Real Estate and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing this transaction. Any announcements made auction day by the Auctioneer will take precedence over all marketing material or oral statements. Bidding increments are at the sole discretion of the Auction Company and can be changed at any time during the course of the auction.
Disclaimer: Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning the property. All lines drawn on maps and photos are approximate. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. No liability for its accuracy, errors or omissions is assumed by the Seller or Auction Company.
VIRGINIA M. ORTON ESTATE – SELLER
Janet Snyder & Daniel Snyder – Co-Executors
Artemio Santiago of Kozlowski Law Group
552 S. Roosevelt Avenue, Burlington, Iowa – Attorney for Seller
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Corey Fraise 319-470-0115