Description: 148 acres m/l of Linn County farmland located in Section 4 of Franklin Township. Consists of 129.66 Tillable acres m/l with a CSR2 of 85.6. Great location on a hard surface road one mile north of Mt. Vernon with good locations to build a residence if desired. In addition, the timber and creek in the southwest corner provides a recreational appeal. Rare property that provides high quality tillable land, great location with residential appeal, and recreational opportunities.
Sale Method: This property will be offered at public auction. Bidding available in person and online. Bids will be dollars per acre and will be multiplied by the number of total acres to determine the total sales price.
- The farmland will be offered as one tract on a 148 acres more or less basis.
- Sellers reserve the right to refuse any or all bids.
Terms: Ten percent of the purchase price required on the day of the sale. Buyers will sign Real Estate Sales Agreement, purchasing with no financing contingencies, and must be prepared for cash settlement of the purchase at the time of closing.
Conditions: This sale is subject to all easements, leases and any other restrictions of record. Farm is sold in “as-is, where-is” condition. Farm is leased for 2022 crop season & seller to retain the rent.
Date: Wednesday, June 15, 2022 at 10 AM
Location: Tin Roof Hideaway & Event Center, 1003 N Washington St, Lisbon, IA 52253
For more information, call John Airy or Ben Isaacson!