Henry County Land Auction
2 Tracts
Tract 1 - Home on 35.5 ac m/l
Tract 2 -61 ac m/l
-also selling personal property-
Harry "Bob" & Christine Reinier, Owners
ONLINE-ONLY AUCTION
OPENS: Friday, November 15, 2024 @ 7 am
ENDS: Friday, November 29, 2024 10 am (soft close)
OPEN HOUSE: Saturday, November 2, 1-3 pm
Directions to Farm: From Hillsboro City Hall head east on Commercial St for 98 ft. Turn north on Cedar St and continue 0.4 miles. Tract 1 will be on your right. Tract 2 is approximately 0.1 miles further north on the right side of the road.
Selling as 2 Tracts
Henry County, Iowa
GREAT INVESTEMENT FARM! PERFECT HUNTING GROUND!
Tract 1
Home on 35.5 ac m/l - Spacious ranch style home with walk-out basement on 35.5 acres with 4 ponds. Ponds are stocked with fish. 21.69 acres are enrolled in CRP with an annual payment of $5,088. CRP expires 2032 & 2033. 2.5 ac m/l currently being farmed.
Ranch style 3+ bedroom, 2 3/4 bath home you don't want to miss! Wrap around deck on all sides. The main level of the home has beautiful views of the pond, a spacious living room with large pictures windows, eat-in kitchen with bar, and main-floor laundry. Primary bedroom w/ private bathroom. The basement of the home has a kitchen, living area, bath, a non-conforming bedroom, an additional space that could be used as an office or den, and a workshop! The home has a great layout! In addition there a large 3-car attached garage, a one car detached garage (14x22), a one car detached garage/workshop (1,116 sq ft), and a 32x82 pole barn.
Tract 1 Maps
TRACT 1 FSA INFORMATION
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Farm: 5135
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Tract: 281 & 282
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Annual Payment:$5,088
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21.69 Acres Currently Enrolled in CRP
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6.38 acres expire September 30, 2032
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15.31 acres expire September 30, 2033
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Tract 2
61 ac m/l with 3 ponds. Ponds are stocked with fish. This parcel provides excellent hunting opportunities in it’s well maintained park-like setting. 44.3 acres are currently enrolled CRP with an annual payment of $4.625. CRP expires 2025. Includes a nice size pole barn on property.
Tract 2 Maps
TRACT 2 FSA INFORMATION
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Farm: 5135
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Tract: 261
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Annual Payment:$4,625
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44.3 Acres Currently Enrolled in CRP
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44.3 acres expire September 30, 2025
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PERSONAL ITEMS
Tractors: John Deere 2750 diesel; Massey Ferguson 275, and Massey Ferguson 175 w/ loader; bale stabber; rotary mowers; sickle mower; 14' disk; 1998 Dodge K3500 Diesel Dually Pickup Truck, 2nd Owner, 127,374 miles; flatbed trailer; Yamaha Grizzley 595 cc 4-Wheeler; Honda Foreman 500 cc 4-Wheeler; Craftsman radial arm saw; log chains; belt sander on stand; tire changer on stand; Simpson pressure washer; B&D Industrial cutoff saw; Craftsman 12 in band saw/sander; floor jack; Schumacher 40/200 amp fast charger; Lincoln electric welder; 3/4 inch socket set; torch; tools; household Items; & MORE!
ITEMS MUST BE PICKED UP SATURDAY, NOVEMBER 30 BETWEEN 1-5 PM. No alternative dates/times will be offered.
NO BUYER'S PREMIUM ON HOME & LAND. 5% Buyer's Premium on all other items.
Harry "Bob" & Christie Reinier, Owners
Rande McAllister, Attorney - Myron Greiner, Broker
-TERMS & CONDITIONS-
PERSONAL PROPERTY (see bidding website terms & conditions).
HOME & LAND TERMS (see bidding website for full terms & conditions).
-METHOD OF SALE: The farm will be sold on a price per acre basis. The multiplier for bidding will be assessor acres times the per acre bid.
-DEPOSIT: 10% of the final bid price will be paid on the day of the sale. Balance due at closing upon delivery of deed and abstract showing merchantable title.
-PURCHASE AGREEMENT: Successful bidder shall execute a purchase agreement immediately after being declared the winning bidder by the auctioneer. Please note: The purchase agreement will offer -NO- contingencies for financing or any alterations to the agreement. Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
-TAXES: Prorated to date of possession based on the last available tax statement.
-CLOSING: On or before December 30, 2024 or soon thereafter as applicable closing documents are completed.
-POSSESSION: Buyer will be given possession at closing.
-CRP: To be pro-rated to date of closing.
Terms: The property is being sold “as is, where is”. All announcements made day of auction shall take precedence over any prior advertising either written or oral. The information in this brochure is deemed reliable; however, no guarantee for its accuracy, errors or omissions is given. All lines drawn on maps, photographs, etc. are approximate. CSR values are derived from Surety Maps and may or may not reflect the values provided by the county assessor’s office. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is selling subject to any and all covenants, restrictions, encroachments, and easements, as well as all applicable zoning laws. Greiner Real Estate & Auction is an agent for the seller. The buyer shall be responsible for installing his/her own entrances if needed or desired.
Additional Provisions:
-If future site clean-up is required it shall be at the expense of the buyer.
Auctioneers: Myron Greiner, 319-694-4522