Cantril, IA 52542 - Van Buren County

Virtual Online Auction

Sale Date: Tuesday, May 20, 2025

Sale Time: 1:00 PM CST

Sellers: Dan & Lisa Ganzer

AUCTIONEERS NOTE: Attention recreational land buyers! Make plans to participate in this outstanding Iowa recreational land auction. The Ganzer farm has a great combination of income producing CRP land, ponds, timber and a very nice pole building. Most of the hard work has been done, just own this farm and enjoy the many trails, deer, turkey and fishing. There is also potential to log the timber, not to mention many attractive home sites!

Representing Attorney:

Steven D. Kundel

Kundel Law Office PC

300 East 2nd St. Suite 300

Muscatine, IA 52761

(563) 272-0003

Auction Representatives:

Dale Jones (309) 299-6400

John Probasco (641) 856-7355

LOCATION

The Ganzer farm is located approximately 4 miles east of Cantril, Iowa, 40 miles west of Ft. Madison, IA or 75 miles northwest of Quincy, IL. and is further described as being located in Section 4, T67N R10W, DesMoines Township, Van Buren County, IA. Approximate address: 27495 Iowa Oak Grove Ave Cantril, IA (watch for directional signs). The tracts represent income producing CRP farmland, recreational land, attractive home sites and the potential for timber harvesting!

TRACT INFORMATION

Tract 1 - 75 Acres (subject to survey)

FSA figures should indicate 8.77 HEL cropland acres

3.02 acres enrolled in CRP until 9/30/2031

CSR2 of 41.6 on tillable acres

Productive soils include Rathbun, Weller, Keswick, Olmitz, Kniffin, Lindley

40ft. X 80ft. pole building

Attractive home sites

Mature timber with food plot areas and maintained trails

Mature, stocked farm pond with large floating dock

Logging potential

Whitetail deer and turkey habitat

Fantastic country setting!

Access on the south and east by Iowa Oak Grove Ave..

Tract has been meticulously maintained by the seller

Tract 2 - 52 Acres (subject to survey)

FSA figures should indicate 47.64 UHEL cropland acres

47.64 acres enrolled in CRP until 9/30/2031

CSR2 of 35.7 on tillable acres

Productive soils include Rinda, Kniffin, Keswick, Bucknell, Appanoose, Lindley, Ashgrove and Rathbun

Attractive home sites

Gamebird habitat and other wildlife

Mature, stocked farm pond with small shelter and pontoon boat

Access on the west and north by Iowa Oak Grove Ave.

Tract has been meticulously maintained by the seller

METHOD AND 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 Friday, June 20th, 2025. 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.