LEE COUNTY, IOWA LAND AUCTION - SIEGRIST

Lee County, Iowa

Physical Address: 1359 265th Ave. West Point, IA 52656

The Siegrist Farm is located in Section 23, Pleasant Ridge Township, Lee County, IA 3 miles west of Denmark, IA.

Thursday, April 2, 2026 • 4:00 PM - 5:00 PM

36.81 acres± • 2 tracts

Mark your calendars now for this highly desirable Lee County, IA farm. Tract 1 features a well-cared for ranch style home that includes a recently updated septic system, Rathbun Rural Water and 30’ x 50’ storage building all situated on a 3.08 surveyed acres. Tract 2 offers productive tillable farmland with Pershing & Grundy soils. This is an auction that you will not want to miss!

Tract 1 - 3.08 Surveyed Acres & Country Home

• This tract is improved with a 4 bedroom ranch style home that offers 1,516 sq. ft. of living area and 2½ baths.
• Other amenities to the home include main floor laundry, a partially finished walkout basement and an attached to car garage.
• The septic on the property has recently been updated, the furnace/ air is 2 years old and the roof was replaced 4 years ago.
• There is a nice 30’ x 50’ storage building on the property and Rathbun Rural Water supplies the water on the tract.
• All appliances are included; refrigerator, stove, chest type freezer, washer & dryer.
• Access is on the east by 265th Ave.

Tract 2 - 33.73 Taxable Acres±

• FSA information should indicate 28.21 acres of tillable cropland. The balance is in wooded draws and a wooded area in the western portion of the tract.
• Pershing and Grundy soils.
• CSR2 is 48.2.
• Access is on the west by 265th Ave.

The Siegrist property will be sold in (2) individual tracts. Tract 1 will be sold first for a lump sum total dollar amount. Tract 2 will be sold next on a price per acre basis based on the advertised and taxable acres. 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 May 18, 2026 upon delivery of 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 on Tracts 1 & 2. Tract 2 sells with full farming rights for the 2026 crop year. Early possession with be granted for tillage purposes with proof of liability insurance.

Subject to the Iowa Septic System Law, the system on Tract 1 required upgrading which has been completed. Any future septic system testing or upgrades will be at the buyer’s expense.

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”.