WAPELLO COUNTY, IA LAND AUCTION - SHAFER

Tuesday, March 10, 2026 - 1:00 PM Central Auction to be conducted as a live, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161 LOCATION Wapello County, Iowa The Shafer Farm is located in Sections 14 & 15, Center Township, Wapello County, IA at the northwest edge of Ottumwa, IA on Eddyville Rd. SELLER Ronald D. & Shellee K. Shafer MANAGED BY Nate Larson (319) 931-3944 Tim Meyer (319) 750-1233 GENERAL INFORMATION 114.59 taxable acres 1 tract Make plans now to participate in this upcoming Wapello County, IA land auction. This tract offers productive tillable cropland and includes Zook & Humeston soils. The tract boasts a CSR2 of 73.6 and sells with full farming rights for the upcoming 2026 crop year. This is an auction that you wont want to miss! TRACT INFORMATION FSA information should indicate 104.68 acres of tillable cropland that is currently in row crop production. The balance of the tract is in wooded draws and waterways. Productive Coppock, Humeston & Zook soils. CSR2 is 73.8 Access is on the northeast by Eddyville Rd. METHOD & TERMS The Shafer Farm will be sold in one tract on a price per acre basis, based on the advertised and taxable acres. 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. The balance of the purchase price will be due at closing in approximately 30 days on or about April 10, 2026 upon delivery of a merchantable abstract and Deed. The Real Estate Taxes will be prorated to the date of closing. Possession will be given at the time of closing. The tract sells with full farming rights for the 2026 crop year. Early possession could be granted for spring tillable purposes with proof of liability insurance. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day 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 expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold AS IS. Ronald D. & Shellee K. Shafer Auction Managers: Nate Larson (319) 931-3944 Tim Meyer (319) 750-1233