Advertisement

Ad promo image large
  • Published Date

    February 14, 2023
    This ad was originally published on this date and may contain an offer that is no longer valid. To learn more about this business and its most recent offers, click here.

Ad Text

FARMLAND AUCTION We will offer for auction the following Farmland located 2160 Hwy 22, Wellman, IA, which is 2½ miles West of Wellman on Hwy 22. The Auction will be conducted at Duwa's Auction Building-1365 Hwy 22, Wellman Friday, March 31, 2023 10 a.m. 381 acres m/l - Washington County Located in Lime Creek Twp-Sections 10, 15, 16 & 29 Auction will be conducted at Duwa's Auction Building Buyer/s will acquire the current Tenant/s on Tracts I & II for the 2023 crop year Tract I: Located 2½ mile West of Wellman on Hwy 22.214 acres m/l of farmland w/176.94 acres m/l tillable, having a CSR2 of 57.2. It lies with gentle slopes, has been tiled & terraced, w/a variety of water ways, small pond & pasture area. There is also a 24'x48'open front cattle barn. The farming practices have been good & w/ improvements, more tillable acres could be obtained. Tract II: Located 2½ mile West of Wellman on Hwy 22, 1 mile North on Dogwood Ave & ½ mile East on 120th St. 96.5 acres m/l of farmland w/93.31 acres m/l tillable, having an avg CSR2 of 80. This farm has been tiled as needed. There are 36.5 acres m/l on the North side of 120th St that lie basically flat. The 60 acres m/l on the South side of 120th St has gentle slopes w/terraces. Note: 2.2 acres m/l around the fenced Well are owned by the City of Wellman & can be leased/farmed as it has been in the past. Tract III: Located 24 mile West of Wellman on Hwy 22, then 1½ mile South on Dogwood Ave, 1 mile West on 145th St & 14 mile North on Level B-Cedar Ave 70.5 acres m/l. This Tract is a great Outdoorsman/Hunting property. There are 34.37 tillable acres w/a CSR2 of 58.1. Of the tillable acres, 25.92 acres are enrolled in CRP contracts w/an annual income of $6,778 which will be prorated to date of closing. There are also 33.85 acres of Timber w/Smith Creek. Located on a Level B road, w/Timber, CRP acres & water source make it great habitat for wildlife. Note: The Acreage w/home will be offered to the Buyer of Tract I following the auction. Buyer/s of Tract I & Il will be acquiring the current Tenant for the 2023 crop year. 50% of the farmland rent due will be paid to the Buyer/s at closing w/the balance due Nov 1, 2023. Duwa's Auction Service LLC shall assume no liability for any errors, omissions or inaccuracies in the information provided. All critical information shall be independently verified. TERMS: 15% down day of auction w/balance due on or before May 12, 2023. CLOSING: On or before May 12, 2023 POSSESSION: Tract I & II at closing, subject to the Tenants rights following the harvest of the 2023 crop or March 1, 2024, Tract III: At closing. TAXES: Prorated to date of closing. All announcements day of auction take precedence over all previous advertising. RICHARD GRIFFITH ESTATE FARMLAND Auctioneer: Dwight Duwa-319-646-6775 Attorney: Craig Davis, 211 W Wash. St, Washington, IA 52353 Executors: Phil Griffith & Joel Griffith - Web: duwasauction.com Not responsible in case of theft or accidents FARMLAND AUCTION We will offer for auction the following Farmland located 2160 Hwy 22 , Wellman , IA , which is 2½ miles West of Wellman on Hwy 22. The Auction will be conducted at Duwa's Auction Building - 1365 Hwy 22 , Wellman Friday , March 31 , 2023 10 a.m. 381 acres m / l - Washington County Located in Lime Creek Twp - Sections 10 , 15 , 16 & 29 Auction will be conducted at Duwa's Auction Building Buyer / s will acquire the current Tenant / s on Tracts I & II for the 2023 crop year Tract I : Located 2½ mile West of Wellman on Hwy 22.214 acres m / l of farmland w / 176.94 acres m / l tillable , having a CSR2 of 57.2 . It lies with gentle slopes , has been tiled & terraced , w / a variety of water ways , small pond & pasture area . There is also a 24'x48'open front cattle barn . The farming practices have been good & w / improvements , more tillable acres could be obtained . Tract II : Located 2½ mile West of Wellman on Hwy 22 , 1 mile North on Dogwood Ave & ½ mile East on 120th St. 96.5 acres m / l of farmland w / 93.31 acres m / l tillable , having an avg CSR2 of 80 . This farm has been tiled as needed . There are 36.5 acres m / l on the North side of 120th St that lie basically flat . The 60 acres m / l on the South side of 120th St has gentle slopes w / terraces . Note : 2.2 acres m / l around the fenced Well are owned by the City of Wellman & can be leased / farmed as it has been in the past . Tract III : Located 24 mile West of Wellman on Hwy 22 , then 1½ mile South on Dogwood Ave , 1 mile West on 145th St & 14 mile North on Level B - Cedar Ave 70.5 acres m / l . This Tract is a great Outdoorsman / Hunting property . There are 34.37 tillable acres w / a CSR2 of 58.1 . Of the tillable acres , 25.92 acres are enrolled in CRP contracts w / an annual income of $ 6,778 which will be prorated to date of closing . There are also 33.85 acres of Timber w / Smith Creek . Located on a Level B road , w / Timber , CRP acres & water source make it great habitat for wildlife . Note : The Acreage w / home will be offered to the Buyer of Tract I following the auction . Buyer / s of Tract I & Il will be acquiring the current Tenant for the 2023 crop year . 50 % of the farmland rent due will be paid to the Buyer / s at closing w / the balance due Nov 1 , 2023. Duwa's Auction Service LLC shall assume no liability for any errors , omissions or inaccuracies in the information provided . All critical information shall be independently verified . TERMS : 15 % down day of auction w / balance due on or before May 12 , 2023. CLOSING : On or before May 12 , 2023 POSSESSION : Tract I & II at closing , subject to the Tenants rights following the harvest of the 2023 crop or March 1 , 2024 , Tract III : At closing . TAXES : Prorated to date of closing . All announcements day of auction take precedence over all previous advertising . RICHARD GRIFFITH ESTATE FARMLAND Auctioneer : Dwight Duwa - 319-646-6775 Attorney : Craig Davis , 211 W Wash . St , Washington , IA 52353 Executors : Phil Griffith & Joel Griffith - Web : duwasauction.com Not responsible in case of theft or accidents