March 15, 2022 10:30 am

Sioux County, IA, Farmland Auction of 3 tracts. Farm #1 sold for $25,200 per acre! Farm #2 sold for $25,500 per acre! Farm #3 sold for $22,300!

West Branch Township & Holland Township

Owners: Verne W. & Faye B. Huisman Irrevocable Living Trust

These Tracts Are Located East Of Sioux Center, IA & Northwest of Orange City, IA!

 

This Auction Will Consist Of 3 Separate Tracts Of Farmland!

Tract 1: 74.45 Acres

Tract 2: 36.83 Acres

Tract 3: 59+/- Acres

 

Tracts 1 & 2 Location:  From the Sioux Center, IA Hospital go 1 mile East on 400th St. to Hickory Ave then go 1 mile South on Hickory Ave to 410th St then go 1 1/4 mile East on 410th St to the site of Tract 1. Tract 2 lies directly adjoining Tract 1 to the East. Both tracts lie on the North side of 410th St.

Tract 3 Location: From the Sioux Center, IA Hospital go 3 3/4 mile East on 400th St. to the farm. Tract 3 lies North of 400th St. Signs will be posted! Auction Will Be Held At The Site Of Tract 1.

 

Auctioneers’ Note: We are honored to have been selected to offer for sale these excellent tracts of farmland by the Huisman Family! This farmland is located in a great area where land is not often available! 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: Parcel A in the SW1/4 of Section 12, TWP 95N, Range 45W, Sioux County, IA. Subject to all easements and public roads of record.

General Description of Tract #1: According to the recent survey, this property contains 74.45+/- gross acres. According to FSA/Agri Data, this farm contains approx. 72.52 tillable acres, approx. 1.20 of CRP with an annual payment of $276.00 with a contract ending on 9-30-2030 (Buyer will receive the full CRP payment payable on 10-1-2022) with the balance in road/ditch. This farm has road on 1 side. This farm has a corn base combined with the adjoining farmland with a PLC yield of 180bu. on corn and a soybean base combined with the adjoining farmland with a PLC yield of 54bu. on soybeans. This farm is classified as NHEL. The predominant soil types include: 310B, B2-Galva, 91, B-Primghar, 878B2-Ocheydan, 467-Radford, 474D2-Bolan, 92-Marcus, 485-Spillville. The average CSR1 is 68.2. The average CSR2 is 92.9. This would make a great addition to your operation or a great investment! This is an inside tract of high quality Sioux County, IA farmland! The buyer of tract 1 will be required to reimburse the former tenant $7,178.19 at closing for cattle manure which was applied to approx. 60 acres at a rate of 8 tons per acre.

 

 

 

Abbreviated Legal Description of Tract #2: Parcel D in the SE1/4 of Section 12, 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 36.83+/- gross acres. According to FSA/Agri Data, this farm contains approx. 35.5+/- tillable acres with the balance in road/ditch. This farm has road on 1 side. This farm has a corn base combined with the adjoining farmland with a PLC yield of 180bu. on corn and a soybean base combined with the adjoining farmland with a PLC yield of 54bu. on soybeans. This farm is classified as NHEL. The predominant soil types include: 310B, B2-Galva, 91, B-Primghar. The average CSR1 is 70.9. The average CSR2 is 96. This would make a great addition to your operation or a great investment! This is an inside tract of high quality Sioux County, IA farmland! The buyer of tract 2 will be required to reimburse the former tenant $2,033.81 at closing for cattle manure which was applied to approx. 17 acres at a rate of 8 tons per acre.

 

 

 

Abbreviated Legal Description of Tract #3: Parcel B in the SE1/4 of Section 6, TWP 95N, Range 44W, Sioux County, IA. Subject to all easements & public roads of record.

General Description of Tract #3: According to the recent survey, this property contains 59+/- gross acres. According to FSA/Agri Data, this farm contains approx. 56.69 tillable acres, approx. 0.51 acres of grass waterway with the balance in road/ditch. This farm has a corn base of 37.63 acres with a PLC yield of 180bu. and a soybean base of 18.1 acres with a PLC yield of 54bu. This tillable farmland is classified as NHEL. The predominant soil types include: 310B, B2-Galva, 91, B-Primghar, 810B, B2-Galva, 133-Colo, 31-Afton, 92-Marcus. The average CSR1 is 67.9. The average CSR2 is 92. This would make a great addition to your operation or a great investment! This is excellent tract of Sioux County, IA farmland with excellent soil ratings.

 

 

Method of sale: Auction will be held at the site of Tract 1.  Farmland will be sold with the final bid price x the final gross surveyed acres. Choice will be offered on Tracts 1 & 2. First successful bidder will be only allowed to select 1 tract then the remaining tract will be sold. After Tracts 1 & 2 are sold then Tract 3 will be sold. Tracts will not be combined. Once a tract is sold it will remain sold.

 

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $2,600.00 per year on Tract 1, approx. $1,240.00 per year on Tract 2 and approx. $1,690.00 per year on Tract 3. Seller will pay the 2021 taxes which are due and payable in March and Sept of 2022.

 

Possession: Farming possession will be on April 1, 2022. Full possession will be on closing day.

 

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 April 29, 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. Buyer is required to assume any CRP contracts and will be responsible for all costs of any midterm maintenance required if any. 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. 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

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Clay County, SD, Land Auction of 60 +/- Acres. Land Sold for $12,200 per acre!
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Lyon County, IA, Farmland Auction of 40.18 Acres. Sold for $19,000 per acre!
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