HENRY COUNTY, IA LAND AUCTION - MCGUIRE & HOLLEY

LOCATION Henry County, Iowa The McGuire/ Holly Farm is located in Sections 20 & 21, Jefferson Township, Henry County, IA, 3 miles southwest of Wayland, IA (Wayland, IA is 20 miles northwest of Mt. Pleasant, IA). From Wayland, IA take Dakota Ave. south 1 miles to 126th St., turn right or west and proceed of a mile to Clayton Ave. Turn left or south and go of a mile to Tract 1. To access Tract 2 proceed south a short distance to 135th St., turn right or west and go a mile to the tract. (Be watching for presale directional signs). SELLER Doug McGuire & Brenda K. Holley MANAGED BY Tim Meyer (319) 750-1233 Nate Larson (319) 931-3944 Jim Huff (319) 931-9292 GENERAL INFORMATION 117 acres (subject to survey) 2 tracts These diversified tracts offer it all! Productive tillable cropland currently in soybean/ hay production, improved pastureland as well as attractive hunting and recreational acreage. This is an auction that you will not want to miss, as farms in the Wayland, IA area rarely come up for sale. TRACT INFORMATION Tract 1 - 74 acres (subject to survey) FSA information indicates approximately 39.13 acres of tillable cropland. The balance of the tract is in pasture and hay production. Lindley-Keswick & Clinton soils. CSR2 is 53.9. There is a small pond on the tract. Rathbun Rural Water is in close proximity. Access is on the south by 135th St. Tract 2 - 43 acres (subject to survey) FSA information indicates approximately 22.17 acres of tillable cropland, currently in pasture. The balance of the tract is in wooded draws offering attractive recreational acreage. Clinton & Lindley-Keswick soils. CSR2 is 47.7 Rathbun Rural Water is in close proximity. Access is on the south via an owned approximately 75 access road. METHOD & TERMS The McGuire/ Holley farm will be sold on a price per acre basis, based on surveyed acres. Both tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will then be sold. The tracts will NOT be offered in their entirety at the conclusion of the auction. 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 November 17, 2025 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 subject to a lease with the current tenant for the 2025 farming season. 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. Representing Attorney: Sara L. Haas | Aspelmeier, Fisch, Power, Engberg & Helling, P.L.C. 321 N 3rd St, Burlington, IA 52601 | (319) 754-6587 Auction Managers: Tim Meyer (319) 750-1233 Nate Larson (319) 931-3944 Jim Huff (319) 931-9292