133.0 acres in Davis County, Iowa

Virtual Live Auction! Sale Date: Tuesday, August 5, 2025 Sale Time: 10:00 AM CDT Seller: Hopkins Family Farm 133 Taxable Acres (Subject to Survey) 2 Tracts Representing Attorney: Rick L. Lynch Lynch Law Office 207 S. Washington Street Bloomfield, IA 52537 (641) 664-3188 Auction Representative: John Probasco (641) 856-7355 LOCATION Make plans now to participate in this upcoming Davis County, IA land auction. Land is located in Section 31, T70NR15W, Marion Township, Davis County, IA. These tracts represent outstanding deer & turkey hunting, income producing CRP, attractive home sites and the potential for timber harvesting! TRACT INFORMATION Tract 1 80 Acres (Subject to Survey) FSA figures should indicate 16.9 HEL cropland acres and 23.1 acres currently enrolled in CRP until 9/30/2031 at the rate of $79.20 CSR2 of 74 on tillable acres Attractive home sites Mature timber with food plot areas Logging potential Whitetail deer and turkey habitat Fantastic country setting! Access on the east by Alfalfa Ave. Tract 2 53 Acres (Subject to Survey) FSA figures should indicate 14.55 acres currently enrolled in CRP until 9/30/2031 at the rate of $79.20 Attractive home sites Excellent hunting opportunities! Mature, stocked farm pond Access on the east by Arbor Ave. METHOD & TERMS Tracts 1 and 2 will be sold on a price per acre basis, based on surveyed acres & will be sold through the marketing method of Buyers Choice, whereas the high bidder can elect to purchase either or both tracts for their high bid. If the high bidder does not elect to purchase both tracts, then the remaining tract will be offered in the same manner. The tracts will NOT be offered in their entirety at the conclusion of the auction. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. Immediately following the auction, the successful buyer(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. Signing of said agreement will be executed via email, DocuSign, or in person. The balance of the purchase price will be due at closing which will take place on or before Wednesday, September 10th, 2025 subject to court approval. The seller will provide a merchantable abstract and deed. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing. All announcements made on sale day shall take precedence over prior advertising, either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate, however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no express or implied warranties made by the seller or Merit Auctions pertaining to the real estate, which is being sold AS IS.