November 2, 2021 10:30 am

Sioux County, IA, Farmland Auction 80.84 Acres. Sold for $16,400 per acre!

Sherman Township

Owners: Ethel Laughton Heirs

This Farmland Is Located Southeast of Maurice, IA & Southwest of Orange City, IA!

 

Location:  From Maurice, IA go 3 miles East on BLKTP 470th St to Ibex Ave then go 2 miles South on Ibex Ave. The Farmland is located in the Southeast corner of Ibex Ave and 490th St. Signs will be posted!

 

Auctioneers’ Note: We are honored to have been selected by the Laughton Family to offer for sale this great tract of farmland in Sherman TWP! This farmland has been in the Laughton Family for close to 100 years! Call an auctioneer today to receive a full informational packet!

Legal Description: The N1/2 of the NW1/4 of Section 25, TWP 94N, Range 45W, Sioux County, IA.  Subject to all public roads and easements of record.

General Description: According to the survey, this property contains 80.84 gross acres. According to FSA, this farm contains approx. 76 tillable acres with the balance in road/ditch and approx. 2 acres of grass waterway. This farm has road on 2 sides. This farm has a corn base of 34.7 acres with a PLC yield of 161bu. And a soybean base of 31.4 acres with a PLC yield of 47bu. This farm is classified as NHEL. The predominant soil types include: 310B2, C2-Galva, P733-Calco, 91, B-Primghar, 428B-Ely, 810, B-Galva, 133-Colo, 31-Afton.. The average CSR1 is 66.6. The average CSR2 is 88.4. This would make a great addition to your operation or a great investment! Any field driveway work needed will be at the sole expense of the buyer. Call today for a full informational brochure on this property.

 

Method of sale: Auction will be held at the site of the farmland  Farmland will be sold with the final bid price x the final gross surveyed acres.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $2,200.00 per year. Seller will pay the 2021 taxes which are due and payable in March and Sept of 2022.

Possession: Full possession will be on March 1, 2022.

 Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day which will be on or before December 10, 2021. Buyer shall receive a clear and merchantable title to the property on closing day. This farm is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. All buyers are encouraged to do buyer’s due diligence. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to IA statues. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. This sale is subject to court approval. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Jim George—Attorney for sellers.

 

Mark Zomer – 712-470-2526
Darrell Vande Vegte – 712-476-9443
Gary Van Den Berg – 712-470-2068
Blake Zomer – 712-460-2552
Joel Westra – 605-310-6941
Joel Westra Jr. – 605-957-5222

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