This Auction Will Consist Of 2 Adjoining Tracts Of Farmland!
This Farmland Is Located South Of Sioux Center, IA & Just 1 Mile West of the Intersection Of HWY 10 & HWY 75!
Tract 1: 75.85 Acres
Tract 2: 79.98 Acres
Signs will be posted! Auction Will Be Held At The Site Of The Farmland.
Auctioneers’ Note: We are honored to have been selected to offer for sale these excellent tracts 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!
Abbreviated Legal Description of Tract #1: The South 1/2 of the SW1/4 of Section 32, TWP 95N, Range 45W, Sioux County, IA EXCEPT Parcel A located therein. Subject to all easements and public roads of record.
General Description of Tract #1: According to the recent survey, this property contains 75.85+/- gross acres. According to FSA/Agri Data, this farm contains approx. 68.24 tillable acres, approx. 2.36 Acres which are currently grass (could be tillable) with the balance in road/ditch and approx. 1.22 acres of grass waterway. This farm has road on 2 sides. This farm has a corn base of 47.7 acres with a PLC yield of 181bu. And a soybean base of 25.2 acres with a PLC yield of 53bu. This farm is classified as NHEL. The predominant soil types include: 310B, B2, C2-Galva, 133-Colo, 91B-Primghar, 810B2-Galva, 31-Afton. The average CSR1 is 66.8. The average CSR2 is 85.7. This would make a great addition to your operation or a great investment! This farm is rented for the 2022 crop year & the buyer will receive the full rent for 2022 and the seller will also subsidize the rent for 2022. This is a nice farm in a great area!
Abbreviated Legal Description of Tract #2: The N1/2 of the SW1/4 of Section 32, TWP 95N, Range 45W, Sioux County, IA. Subject to all easements and public roads of record.
General Description of Tract #2: According to the recent survey, this property contains 79.98+/- gross acres. According to FSA, this farm contains approx. 77.56 tillable acres with the balance in road/ditch and approx. 1.41 acres of grass waterway. This farm has road on 1 side and is an inside tract of farmland. This farm has a corn base of 50.3 acres with a PLC yield of 181bu. And a soybean base of 27.2 acres with a PLC yield of 53bu. This farm is classified as NHEL. The predominant soil types include: 310B, B2, C2-Galva, 467-Radford, 133-Colo, 810-Galva, 91-Primghar. The average CSR1 is 67. The average CSR2 is 90. This would make a great addition to your operation or a great investment! Buyer of this parcel will be required at buyers sole expense to install a crossing to cross the waterway on this property for access to the Eastern portion of the property. This farm is rented for the 2022 crop year and the buyer will receive the full rent for 2022 and the seller will also subsidize the rent for 2022. This is a nice farm in a great area!
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. Tract 1 will be sold and remain sold and then Tract 2 will be sold and remain sold. Tracts will not be combined.
Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $1,976.00 per year on Tract 1 and approx. $2,290.00 per year on Tract 2. 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, 2023 due to the current farm lease. The buyer will receive the full rent for the 2022 crop year from the tenant and the seller will also subsidize the current rent.
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 March 18, 2022. Buyer shall receive a clear and merchantable title to the property on closing day. These farms are 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. If any driveway installation or modification is needed it shall be the sole responsibility/expense of the buyer. 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. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Brad De Jong & Colby Lessmann—Attorney for sellers.
Auctioneers and Brokers:
Darrell Vande Vegte-712-476-9443
Gary Van Den Berg-712-470-2068