Sold

THANK YOU FOR THE LARGE CROWD IN ATTENDANCE AND TO ALL THE BIDDERS! TRACT 1 & 2 SOLD FOR $14,000 PER ACRE!!

October 31, 2024 @10:30 A.M.---Live Public Farmland Auction Of 2 Tracts Of Farmland Located In Goewey TWP, Osceola County, IA Located Northeast Of Ashton, IA & Southeast Of Sibley, IA! Tract 1: 80.62 Acres - Tract 2: 79.72 Acres--Dean L. Janssen Farmland Trust (Ashton State Bank, Trustee)—Owners

Visit the catalog(s) to Bid Online:

Auction Date: October 31, 2024 - 10:30 am

Osceola County

Upcoming High Quality Farmland Auction Of 2 Separate Contiguous Tracts Of Farmland In Goewey TWP, Osceola County, IA!!

These Two High Quality Tracts Are Contiguous And Are Located

Northeast Of Ashton, IA & Southeast of Sibley, IA!!

High Quality Farmland Of This Caliber, In This Area Does Not Come For Sale Very Often!!

Tract 1: 80.62 Acres—CSR2-96.6 — Tract 2: 79.72 Acres—CSR2-96.3

Location: From Ashton, IA at HWY 60 go 1 mile East on 230th St. to Olive Ave. then go North on Olive Ave for 1 mile to 220th St. then go East on 220th St. for 2 miles to Pierce Ave then go 1/2 mile North to the Farmland The two tracts are adjoining and Tract 1 lies on the East side of Pierce Ave and Tract 2 is directly adjoining Tract 1 to the North and adjoins Pierce Ave and 210th St. on the North side. Watch zomercompany.com in case of inclement weather!

Sale Date: October 31, 2024 @10:30 A.M.

zomercompany.com

Auctioneer’s Note: Zomer Company has the extreme honor of representing the Janssen Family in the sale of their family’s farmland! This farmland is located in a prime location between Sibley, IA and Ashton, IA in Osceola County, IA!! Farmland of this caliber with these high of soil ratings does not come for sale in this area very often! Make plans to attend this high quality auction and purchase one or both of these excellent farms!

Abbreviated Legal Description of Tract 1: Parcel D in the Fractional NW1/4 of Section 5, TWP 98N, Range 41W, Osceola County, IA. Sold subject to all public easements and roads of record.

General Description of Tract 1: According to the recent survey, this property contains 80.62+/- gross acres. According to the Survey/FSA, this farm contains approx. 76.68+/- tillable acres. This is an inside tract of farmland with road on only one side! This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 174bu on corn and a PLC yield of 49bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 77B-Sac, 91-Primghar, 92-Marcus, 77B2-Sac. The average CSR1 is 80.7. The average CSR2 is 96.6. Featuring impeccable soil ratings and a location 2nd to none, this farm is truly one that you can proud to own! Seize the opportunity to shape your family’s future by making this exceptional land acquisition. Land for generations has proven itself to be an excellent investment! If you choose to make the decision to purchase this land it is a decision that your family for generations will thank you for making! This farm offers an excellent opportunity if purchased in conjunction with Tract 2 to purchase one large contiguous tract of farmland!

Abbreviated Legal Description of Tract 2: Parcel C in the Fractional NW1/4 of Section 5, TWP 98N, Range 41W, Osceola County, IA. Sold subject to all public easements and roads of record.

General Description of Tract 2: According to the recent survey, this property contains 79.72+/- gross acres. According to the Survey/FSA, this farm contains approx. 74.42+/- tillable acres. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 174bu on corn and a PLC yield of 49bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 77B-Sac, 91-Primghar, 92-Marcus, 77B2-Sac. The average CSR1 is 80.6. The average CSR2 is 96.3. This farm has outstanding soil ratings and an excellent topography! If you are looking to purchase your first farm or are an investor or established farmer looking for a quality tract of land to invest in and add to your portfolio this farm is one that you will want to think strongly about purchasing! Land of this caliber with these high of soil ratings is not available every day and when a quality tract of this nature comes for sale you do not want to pass up the opportunity to purchase it! This farm offers an excellent opportunity if purchased in conjunction with Tract 1 to purchase one large contiguous tract of farmland!

Method of sale: Auction of the tracts to be held at the site of the farmland (see zomercompany.com in case of inclement weather). Tracts will be sold in the choice method. Top bidder of the round of choice will have the option to select the tract of their choice or both of the tracts. If the top bidder selects 1 tract then whichever tract is remaining will be sold. If the top bidder of the round of choice selects both of the tracts then the auction will be over. Tracts will not be combined in any way other than the option to purchase both tracts during the round of choice.

Taxes: The current Real Estate Taxes according to the Osceola County Treasurer are approx. $2,496.00 per year on Tract 1 and approx. $2,380.00 per year on Tract 2. Seller will pay the 2024 taxes which are due and payable in March and Sept of 2025.

Possession: Possession of the farms will be on March 1, 2025. These farms are available to farm for the 2025 crop year!

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 12, 2024. 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. If buyer delays closing, penalties may apply. 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. This Property is being sold subject to the confirmation of the sellers. This auction 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. Clark McDermott—Attorney for sellers.