April 14, 2009 - 149.52 Acres of Sioux County, IA Farmland

UPCOMING PUBLIC AUCTION OF HIGH QUALITY SIOUX COUNTY, IA FARMLAND

 APPROX. 149.52 ACRES +/– GARFIELD TOWNSHIP, SIOUX COUNTY IA. FARMLAND

TUESDAY APRIL 14, 2009

SALE TIME: 10:30 A.M.

LOCATION: From Pump n Pak in Rock Valley, IA go 6 miles West on Hwy 18 to Cleveland Ave. and then go 3 miles South on Cleveland Ave.

**Auction will be held at site of land**

Auctioneers Note: Make plans today to attend the auction of the Strubbe family land. This high quality Sioux County, IA farm has been in the Strubbe family for many years and truly presents an opportunity!!

Abbreviated Legal Description: The SW ¼ of Section 4, Garfield Township, Township 96 North, Range 47 West of the 5^th P.M., Sioux County, IA Subject to public roads and easements of record except the South 792’ of the East 617’ of the SE ¼ SW ¼.  

General Description: This Tract of land consists of approx. 149.52 +/– gross acres. According to the Sioux County FSA the farm has 144.41 tillable acres with a corn base of 72.5 acres and a direct yield of 107 and cc yield of 132 bu and a soybean base of  71.9 with a direct yield of 35 and a cc yield of 42 bu. This farm has a average corn suitability rating of 67. The predominant soil types include: 410, 410B, 410B2 and a small portion of 410C2—Moody Silty Clay loam. Also 91B-Primghar Silty Clay loam, 428B-Eli Silty Clay loam This farm is classified as non-hel. This farm has quality soils and appears to be well managed and in a good state of productivity. Don’t miss this opportunity to add this farm to your current operation.

Taxes: According to the Sioux County Treasurer the current Real Estate Taxes are approx. $2416.40 per year. Seller will pay the 2009 taxes due and payable in the Spring and Fall installments of 2010.

Possession: Possession of the farmland will be given to the buyer(s) on March 1, 2010 due to current farm lease. The buyer(s) will receive the rent for the 2009 crop year. Call auctioneers for more details.

Method of Sale: 149.52 acres +/– will be sold as one unit. Buyer(s) agrees to purchase surveyed acres.

Terms:  Purchaser(s) will be required to pay a non-refundable 10% of the purchase price immediately following the auction and also enter into a purchase agreement with the remaining balance due and payable on closing day June 1, 2009 when the buyer shall receive a clear and merchantable title to the property. The farm is being sold as is as a cash sale with no finance contingencies. 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 the data provided. Any announcements made the day of the auction will supersede any advertisements. Aerial and soil maps are available upon request. Sold subject to the confirmation of the seller. If any additional information is requested please contact the agents listed below. Vande Vegte and Zomer Realty and Auction Inc. are agents for the sellers. McGill and McGill attorney for the sellers.

Vincent Strubbe Family heirs-owners

www.vanzomrealtyauction.com

Auctioneers and Re Brokers

Mark Zomer-Broker-712-470-2526

Darrell Vande Vegte—Broker-712-726-3428

Gary Vanden Berg—sales—712-476-5843