DES MOINES COUNTY, IA LAND AUCTION - SMITH

Des Moines County, Iowa

The Jean Smith Farm is located in Section 6, T70N-R2W, Tama Township, Des Moines County, Iowa. From Burlington, IA, go 2 miles north on U.S. Hwy. 61 to Upper Flint Rd. Turn right or east and proceed 1 mile to Irish Ridge Rd. Turn left or north and go 3 miles to the farm. (Be watching for presale directional signs.)

63 acres± (subject to survey) • 2 tracts

Des Moines County, IA land buyers, mark your calendars now for this upcoming One Chance Sealed Bid Land Auction. These 2 tracts offer productive tillable farmland and attractive hunting/recreational acreage. Both tracts feature desirable new home building sites that are conveniently located just north of Burlington, IA!

Tract 1 – 12 acres± (subject to survey)

• FSA figures indicate approximately 8.01 NHEL tillable cropland
• Productive Clinton and Keomah soils
• CSR2 is 75.9
• The balance of the farm is in wooded areas in the northern portion, and there are several highly attractive new home building sites on this tract
• Access is on the south off Irish Ridge Rd.

Tract 2 – 51 acres± (subject to survey)

• FSA figures indicate approximately 24.36 NHEL tillable cropland
• Clinton, Keomah, and Lindley soils
• CSR2 is 54.5 (76.3 on the tillable acres)
• The remainder of the tract is in wooded draws and wooded areas offering attractive hunting/recreational acreage
• There are several desirable new home building sites on this tract as well
• Access is from the northwest off Irish Ridge Rd. via a recorded easement that is currently being established

The Jean Smith Estate Farms will be sold in two individual tracts via a Sealed Bid Auction. Both tracts will be sold for a lump sum total dollar amount. Both tracts will be sold individually and will NOT be combined 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 December 14, 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 closing subject to a lease with the tenant. Farms sell with full farming rights for the 2027 crop year.

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”.

Special Provisions: Bids are due by 12:00 p.m. CT on Thursday, November 12, 2026. There will be no “final round” of bidding, unless a tie bid occurs. If a tie bid occurs, only the parties with tying bids will be contacted to raise said bid. Seller reserves the right to accept, reject or counter offer any and all bids, regardless of the price. Seller may enter into negotiations with one or more bidders. The winning bidder will be contacted by the auction manager. Following the acceptance of any bids, all bidders will be notified by phone or email. The Real Estate sells subject to all covenants, encroachments, restrictions, zoning laws and any other easements of record. The Real Estate sells subject to the Iowa & Des Moines County, Iowa Fence Line Rules and Regulations. It shall be the responsibility of the buyer(s) to report to the Des Moines County, Iowa FSA office to receive any future government payments, if applicable and any prorated share of any CRP payments, if applicable. The buyer(s) agree to hold the seller harmless of any breach of any CRP contract rules and regulations if applicable. All mineral rights, if any, held by the Seller will be conveyed with the property. It shall be the responsibility of the buyer(s) for the installation of any needed or desired driveways. Sullivan Auctioneers represent the seller only in the sale of this property.