PRIVATE FARM AUCTION LOCATED IN BENTON COUNTY
ALBERTA J. SMITH & THE ESTATE OF LEONARD O. MULLNIX 80 ACRES M/L Average Unadjusted CSR2 72.62
LOCATION: 5335 22nd Avenue, Mt. Auburn, Iowa
LEGAL DESCRIPTION: Benton County, Cedar Township: The South One-half (S½) of the Northeast Quarter (NE¼) of Section Twenty-four (24), Township Eighty-six (86) North, Range Eleven (11), West of the 5th P.M.
PROPERTY ATTRIBUTES: The property contains 80 gross acres m/l consisting of 77.18 tillable acres, approximately 1 acre of right-of-way, and 1.82 acres of non-crop (waterway).
ACCESS: The primary entrance is located on 22nd Avenue.
TERMS AND CONDITIONS: Cash Sale. Nonrefundable down payment of 10% due on date of auction. Method of payment accepted: certified funds or personal check w/ bank letter of credit. Balance due in full at time of closing. Closing to take place on or about November 16, 2023. Possession to be given on day of closing. Sellers warrant title and will deliver a Warranty Deed, Court Officer Deed and abstract showing merchantable title. Real Estate sold "as is" and pursuant to standard terms of Iowa State Bar Association contract. The property is subject to a farm lease through March 1, 2024. The current farm tenancy has been terminated in accordance with Iowa Code Section 562. BIDDING
PROCEDURES: All interested parties must submit written sealed bids for total price of parcel and not on a per acre basis. Direct Bids to: Alberta J. Smith & The Estate of Leonard O. Mullnix, c/o Mossman Law Firm, 122 East 4th Street, Vinton, IA 52349.
ALL bids must be sealed and received prior to 12:00 p.m. (Noon) on THURSDAY, October 5, 2023.
AUCTION DATE: The top bidders will be invited to a private auction to be held at 10:00 a.m. on Thursday, October 12, 2023, at Mossman Law Firm, 122 East 4th Street, Vinton, IA 52349. Sellers reserve the right to accept or reject any and/or all bids. Announcements on date of sale to take precedence over written advertisements. For additional information or examination of the property please contact Mossman Law Firm (319) 472-2396 email@example.com
PROPERTY INFORMATION PACKETS AVAILABLE UPON REQUEST