AUCTION DETAILS Marion County Land Auction 255.64 Acres M/L Offered in Three Tracts Wednesday, November 16th, 2022 at 10:00 AM Representing Attorney: Robert W. York; York & Associates, Indianapolis, Indiana Auction Location: Pleasantville Memorial Hall 101 N Jefferson Street Pleasantville, IA 50225 Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com/. Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform. Auction Method: All tracts will be sold on a per-acre basis and will be offered through the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take, in any order, any or all tracts for their high bid. The "Buyer's Choice Auction Method" auctioning will continue until all three tracts have been purchased. Tracts will not be offered in their entirety or combined at the conclusion of the auction. Tract 1: 71.56 Acres M/L Tract 2: 80 Acres M/L Tract 3: 104.08 Acres M/L Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction. Farm Program Information: Farm Program Information is provided by the Marion County Farm Service Agency. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Marion County FSA and NRCS offices. Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of cash or check. All funds will be held in Peoples Company’s Trust Account. Closing: Closing will occur on or before Wednesday, December 28th, 2022. The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer. Possession: Possession of the land will be given At Closing, Subject to Tenant's Rights. Farm Lease: The farm is available for the 2023 cropping season. Contract & Title: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Peoples Company the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer financing. Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Sellers. Not all tract and boundary lines are fenced and if needed, will be the responsibility of the Buyer at closing. Existing fence lines may not fall directly on the legal boundary. Other: This sale is 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, Peoples Company, or Seller. All bids will be on a per-acre basis. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final. Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. Buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from abstract.
Marion County, Iowa Farmland Auction on Wednesday, November 16th, 2022 at 10:00 AM! Peoples Company is pleased to present 255.64 total acres m/l located west of Knoxville, Iowa, and southeast of Pleasantville, Iowa. This farm is situated just minutes south of the paved four-lane Iowa Highway 5 and offers productive soil types for row crop production, prime recreational opportunities for outdoor enthusiasts, and multiple locations to build that are suitable for nearly all home types and walkouts for people looking to build their dream home in a secluded location. Just a short drive from Knoxville, Indianola, or the Des Moines metro area, this is a rare opportunity to purchase contiguous tracts of Marion County tillable ground, recreational land, and hunting land all in one! Located within the highly-coveted nonresident hunting Zone 5, Marion County, Iowa is known as one of Iowa's consistent and top-producing areas of the state for record Boone and Crockett whitetails and other wildlife trophies. These three tracts provide immediate income-producing farmable acres combined with exceptional hunting opportunities for all avid outdoorsmen and trophy whitetail and turkey hunters alike. With the multiple road access points, secluded bedding areas, and travel corridors, the opportunity to hunt during different wind scenarios should not pose an issue. There are trail cameras currently on the property and please contact the listing agent for updated photos. The combination property is offered in three tracts consisting of: Tract 1: 71 Acres M/L with 48.06 FSA cropland acres carrying a CSR2 rating of 57.6. Tract 2: 80 Acres M/L with 53.03 FSA cropland acres carrying a CSR2 rating of 68.9. Tract 3: 104.08 Acres M/L with 23.08 FSA cropland acres carrying a CSR2 rating of 69.3. The farmland will be offered as three individual tracts via the “Buyer’s Choice” auction method through a live in-person auction as well as a virtual live online auction option. Online bidding will be available as well. The auction will take place at 10:00 AM at the Pleasantville Memorial Hall – 101 N. Jefferson Street Pleasantville, Iowa. With the "Buyers Choice" auction method the high bidder can take, in any order, any or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all three tracts have been purchased and removed from the auction. The tracts will not be offered in their entirety or any combination at the conclusion of the auction.