December 7, 2021 10:30 am

Sioux County, IA, Farmland Auction 72+/- Acres. Sold for $17,000 per acre!

Sherman

Owners: Jonathan Mark Estate

From Maurice, IA go 3 miles East on BLKTP 470th St to Ibex Ave then go 1 miles North on Ibex Ave then go 1/4 mile East on 460th St. The Farmland is located on the North side of 460th St .

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

 

Auctioneers’ Note: We are honored to have been selected to offer for sale this excellent tract of farmland! This farmland is located in a great area! If you are looking for a opportunity to expand your operation then be sure to attend this auction! Call an auctioneer today to receive a full informational packet!

 

Legal Description: The South ½ of the Southwest Quarter of Section 1, EXCEPT the South 29 rods of the West 31.5 rods thereof; and EXCEPT that part of the Southwest Quarter of the Southwest Quarter lying North of the centerline of the Chicago, Northwestern Railway; AND that part of the Northwest Quarter of the Southwest Quarter of Section 1, lying South of the centerline of the Chicago and Northwestern Railway right of way, all in TWP 94N, Range 45W, Sioux County, IA .  Subject to all public roads and easements of record. TO BE SURVEYED

 

General Description: According to the Sioux County assessor, this property contains 72+/- gross acres. According to FSA, this farm contains approx. 67.33 tillable acres with the balance in road/ditch and approx. 2.54 acres of grass waterway. This farm has road on 2 sides. This farm has a corn base of 51.40 acres with a PLC yield of 167bu. And a soybean base of 15.90 acres with a PLC yield of 54bu. This farm is classified as NHEL. The predominant soil types include: 810, B-Galva, 133-Colo, 91, B-Primghar, 467-Radford, The average CSR1 is 69.4. The average CSR2 is 92.6. This property has approx. 3,867 feet of 5” drainage tile line which was recently installed in 2019! This would make a great addition to your operation or a great investment! 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. This farm will be surveyed and final purchase price will be based on the gross surveyed acres.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $2,086.00 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 due to the current farm lease.

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 January 13, 2022. 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. De Koster & De Koster PLLC—Attorney for sellers.

Auctioneers and Brokers:

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

Previous
Live Onsite Farm Retirement Auction
Next
Lyon County, IA, Farmland Auction 93.71 Acres. Sold for $20,500 per acre!
Menu