Sold

Thanks to the large crowd in attendance!!! And to all the bidders!!! Tract # 1. Sold for $14,300.00 Per Acre!!! Tract # 2 Sold for $12,200.00 Per Acre!!!!!

October 28, 2022 @10:00 A.M.--Live Onsite Farmland Auction Of 198.98+/- Acres Of Contiguous Morgan TWP, Woodbury County, IA Farmland To Be Sold In Two Separate Tracts--Tract 1--54.61+/- Acres--Tract 2--144.37+/- Acres---Located East of Anthon, IA & Northwest Of Battle Creek, IA & Southwest Of Holstein, IA!

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Auction Date: October 28, 2022 - 10:00 am

Woodbury County

Upcoming Live Public Woodbury County, IA Farmland Auction

Located In Morgan TWP & Consisting Of

198.98+/- Contiguous Acres Of Farmland To Be Sold In 2 Separate Tracts

Located East of Anthon, IA & Northwest Of Battle Creek, IA & Southwest Of Holstein, IA!

Tract 1: 54.61+/- Acres — Tract 2: 144.37+/- Acres

Location: From the East edge of Anthon, IA go 6 1/2 miles East on 220th St. to the farm. Land is located in the Southeast corner of the intersection of Story Ave & 220th St. or from the East side of Correctionville at the intersection of HWY 20 and Safford Ave go 6 miles South on Safford Ave to 220th ST. then go 1 mile East on 220th St. Tract 1 is directly North of Tract 2. The tracts are adjoining. Auction will be held at the site of the farmland! Watch zomercompany.com for inclement weather.

Sale Date: October 28, 2022 @10:00 A.M.

Auctioneer’s Note: The Zomer company is privileged to offer for sale at live public auction this land for the Brunhild T. Ericksen Revocable Trust! This land provides the opportunity to purchase either a smaller tract of farmland or large contiguous tract of farmland! This is a good area where farms of this nature are not always available! Watch zomercompany.com in case of inclement weather!

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Abbreviated Legal Description of Tract 1: Parcel 1 in the Frac. NW1/4 of Section 3, TWP 87N, Range 42W, Woodbury County, IA. Sold subject to public roads, special assessments and easements of record.

General description of Tract 1: According to the survey, this property contains 54.61+/- gross acres. According to FSA, this farm contains approx. 51.5+/- tillable acres(exact tillable acres will need to be determined by FSA due to recent survey), with the remainder in road/ditch and grass waterway. This farm is classified as HEL. The predominant soil types include: 8B-Judson, 100D2-Monona, 8C-Judson, 1D3-Ida, 100C2-Monona, 1C3-Ida. The average CSR2 is 74.9 and the average CSR1 is 60.1. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield on corn of 142bu. And a PLC yield of 43bu on soybeans. This land has a rolling topography and if you are looking for a smaller tract to invest in or are a young farmer looking to get started this is an excellent opportunity to purchase a smaller tract of land or if you are looking for an opportunity to purchase a large contiguous tract of land if you purchase this tract and tract 2 it provides an opportunity to purchase 198.98+/- acres of contiguous farmland! This land has great soil ratings and is one tract of land that you will not want to miss! An opportunity like this is not always available!

CLICK HERE TO VIEW A VIDEO OF TRACT 1

Abbreviated Legal Description of Tract 2: Parcel 2 in the Frac. NW1/4 And the N1/2 of the N1/2 of the SW1/4 of Section 3, TWP 87N, Range 42W, Woodbury County, IA. Sold subject to public roads, special assessments and easements of record.

General description of Tract 2: According to the survey, this property contains 144.37+/- gross acres. According to FSA, this farm contains approx. 123.49+/- tillable acres (exact tillable acres will need to be determined by FSA due to recent survey), with the remainder in road/ditch, pushup terraces and grass waterways/trees. This farm also has a 13,000bu. grain bin which will be included with the property. This bin has a dryer floor but the dryer is not operable. The elec motor to run the fans is the tenants and the tenant will be removing the elec motor. This farm is classified as HEL. The predominant soil types include: 100D2-Monona, 8B-Judson, 100C2-Monona, 1D3-Ida, 1C3-Ida, 8C-Judson, 1E3-Ida, 100E2-Monona. The average CSR2 is 69.9 and the average CSR1 is 56.9. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield on corn of 142bu. And a PLC yield of 43bu on soybeans. This land has a rolling topography! This land has great soil ratings and land of this nature in this neighborhood is not always available for sale! If you are looking to expand your operation or purchase an investment this property presents a wonderful opportunity to do that! Land long term has continually proven to be a great investment! Do not miss the opportunity to purchase either of these farms as you never know when to next opportunity to purchase land in this area will be!

CLICK HERE TO VIEW A VIDEO OF TRACT 2

Method of sale: Tract 1 & Tract 2 will be offered in the choice method. The first successful bidder will be permitted to select the tract of their choice or they may select both tracts. If the first successful bidder only selects one of the tracts then whichever tract is remaining will then be sold. The tracts will not be combined in any way. If the first successful bidder of the first round of bidding selects both tracts then the auction will be over. Tracts will be sold with the final bid price times the gross surveyed acres. Auction to be held at the site of the farmland.

Taxes: The current Real Estate Taxes according to the Woodbury County Treasurer are approx. $1,885.00 per year on Tract 1 and approx. $4,985.00 per year on Tract 2. Taxes are only estimated and taxes will be reassessed due to the recent survey. Seller will pay the 2022 taxes which are due and payable in March and Sept of 2023.

Possession: Possession will be on March 1, 2023. This land is available to farm for the 2023 crop year.

Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit on each tract, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before December 22, 2022 when the buyer shall receive a clear and merchantable title to the property. 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 are for informational purposes only and are not guaranteed to be actual boundary lines of the property. 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 statutes. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. All information provided including but not limited to acres, years, plc yields, etc. are not guaranteed and buyers are encouraged to verify any information that is important to the buyer. If buyer delays closing penalties may apply. All buyers are encouraged to do buyers due diligence. This Property is being sold subject to the confirmation of the sellers and subject to court approval. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. – The seller is also represented by Mick Connealy, Crary Huff Law Firm, Sioux City, Iowa, 712-224-7556.