Centerville, Appanoose County, Iowa
120 acres +/-
WEDNESDAY, JUNE 4 - 11:00 A.M.

11986 590th Street
Centerville, IA 52544

5 acre lake stocked with channel cat, bass, and red eared sun fish
48' x 100' Barn (built in 2005)
30' x 40' Pole Barn (built in 2005)

Hunting, fishing, building site, hobby farm

--» Download the full Auction Flyer in pdf format by clicking here «--

--» Click to view a virtual tour of this property «--

The Rudy & Mary Gingerich farm sits on the plains to the West of Cincinnati, Iowa in the heart of farm country.  This gently rolling 120 acre tract has something for every farming and sporting buyer.  The West 80 has about  33 acres of row crop land as well as 15 acres of CRP.  There is also a five acre, stocked lake and another small pond.  Also located on the West 80 is an excellent 48 x 100’ “red” barn with milking stations, huge hay loft and tack rooms.  Other improvements include a very nice 30 x 40’ pole building with concrete floor and an older two-story home.  The East 40 is fenced separately and consists of open pasture and woods.

This auction provides an excellent opportunity for that person wanting a small combination tract.  The tillable area of the farm consists of soils mainly in the highly productive Seymour, Clarinda and Adair/Shelby series and is available to the new owner (or tenant) for the 2008 row crop season.  The 15 acres of CRP is paying $63.90 until 2014. 

If you’re looking for a good farm with excellent barns, a horse or hog operation or a building spot, this is the place for you.  Water and electricity are available!

Call Wally Iman at 660/281-0559, Jason Wallingford at 573/822-2223 or Tamara Rufener at 660/676-6676 or 800/895-4430 for additional information on this property!


TERMS

1. Acreage is approximate and taken from county assessor, FSA records and the best available information from the Seller. 

2. Buyers and Sellers will enter into a standard format Contract for the Sale of Real Estate for each parcel bought and sold on the day of auction.  Contract will call for a 10% down payment in the form of a personal or company check with the balance of the purchase price due, in certified funds, on or before the 2nd day of July, 2008.  Contracts will contain no financing or inspection contingencies and Buyers must have their financing and make their own inspections prior to bidding at the auction. Escrow money deposited with Anders Law Office Trust Account (Closing Agent), 508 Drake Avenue, Centerville, IA.  Sellers will furnish an Abstract of Title brought to date for Buyers examination.  Real estate taxes for the year 2008 will be pro-rated to the date of closing.  Standard closing fees will apply to both Seller's and Buyer's transactions.  Informational title commitments reflecting the public record will be made available for potential Buyers for review on day of auction or, by request, earlier.  Full possession of Row Crop Land to be delivered to Buyer on date of closing. 

3. Current house tenant is month-to-month. 

4. Sellers of property is motivated and intends to sell at this auction, however, they do reserve the right to accept or reject the final bid. 

5. Announcements made sale day take precedence over printed matter. The information in this brochure is believed to be factual and accurate, however United Country Missouri Land & Home assumes no liability for its accuracy.  Boundaries shown on aerial photos, soil maps and plats are approximate and should not be assumed to reflect actual ownership or possession lines.   Buyers should make their own inspections and confirm information to their satisfaction. There are no warranties, expressed or implied.  Real estate and improvements are being sold "AS IS—WHERE IS”.

6. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer.  The seller and auction company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc.  All decisions of the auctioneer and seller at the auction are final.

7. Please arrive prior to the scheduled auction time to inspect any changes, corrections, or additions to the property information.

RUDY & MARY GINGERICH, SELLERS

www.molandauctions.com | info@molandauctions.com

Auction conducted by:
WALTER S. IMAN, AUCTIONEER and
UNITED COUNTRY MISSOURI LAND & HOME
701 VANDIVER DRIVE
COLUMBIA, MISSOURI 65202
Toll Free - 800-895-4430