Sold

Dec. 1, 2015--2 Tracts of Lincoln Twp, Sioux County, IA Farmland--Sylvia Veninga Estate owners--Tract 1 sold for $12,900.00 per acre, Tract 2 sold for $10,200.00 per acre--Thanks to the large crowd for attending!!

Live Auction

Auction Date: December 1, 2015 - 10:00 am

Hull

Sioux County

Upcoming Public Auction

Of 120.20 Acres of Lincoln Twp, Sioux County, IA Prime Farmland
To be sold in Two SeparateTracts

Tuesday December 1, 2015 @ 10:30 A.M.

—Auction will be held at site of the Land

Location: From Perkins Corner Hwy 18/Hwy 75 Intersection go 4 miles north on Hwy 75 to 280th St. then go ¾ mile west on 280th, or From the south edge of Doon, IA go 3 miles east on Blktop A-52/260th St. to Hwy 75 then go 2 miles south on Hwy 75 to 280th St. then go approx. ¾ mile west.

“Your Farmland Specialists”
Auctioneers Note: We are honored to present for the Sylvia Veninga Estate two quality Sioux County, IA. farms. These farms are excellent producing tracts of land so make plans today to attend this auction!
zomerauctions.com

Venninga Tract 1 from Z Photos on Vimeo.

Venninga Tract 2 from Z Photos on Vimeo.

Legal Description of Tract 1: Parcel C in the N ½ of Section 8, Twp 97N, Range 45W of the 5th P.M., Sioux County, IA-subject to public roads and any/all easements of record.
General Description of Tract 1: This outstanding 69.72 +/– acre tract of farmland according to Sioux County FSA contains 65.84 tillable acres and approx. 2.33 acres of CRP with the balance in road and ditch and waterway. The predominant soil types include: 810, 810B-Galva, 310B, 310B2, 310C2-Galva, 91, 91B-Primghar, 31-Afton, 878B2, 878C2-Ocheyedan and 116-Graceville. This farm has an average CSR2 rating of 94.6 and a CSR1 of 69.3. This is a very desirable farm and has been well managed and is in a good state of productivity. This farm is classified as Non-Hel. The CRP acres along waterway are enrolled in the CRP Program until 9-30-2021 with an annual rental rate of $242.40 per acre. This farm has a corn and soybean base combined with Tract 2 with a PLC yield on corn of 172 bu and a PLC yield on soybeans of 55 bu. This land only has road on one side. The topography of this farm is nearly level. This farm is signed up in the Arc County Program. Make plans today to attend this auction! Here is your opportunity to own a quality Sioux County Iowa farm. This farm is available to farm for the 2016 crop year.
Legal Description of Tract 2: Parcel B located in the SW ¼ of Section 5, Twp 97N, Range 45W of the 5th P.M. Sioux County, IA. – subject to public roads and any/all easements of record.
General Description of Tract 2: This outstanding 50.48 +/– acre tract of farmland according to the Sioux County FSA contains 43.32 tillable acres and approx. 2.24 acres of CRP with the balance in road and ditch and waterway. The predominant soil types include: 810, 810B, 810B2-Galva, 133-Colo, 72B-Estherville, 31-Afton, 878B, 878B2, 878C2-Ocheyedan and 308B-Wadena, 467-Radford, 485-Spillville. This farm has an average CSR2 rating of 73.9 and a CSR1 of 63.6. This is a very desirable farm and has been well managed and is in a good state of productivity. This farm is classified as Non-Hel. The CRP acres along waterway are enrolled in the CRP Program until 9-30-2021 with an annual rental rate of $242.40 per acre. This farm has a corn and soybean base combined with Tract 2 with a PLC yield on corn of 172 bu and a PLC yield on soybeans of 55 bu. This land only has road on one side. This farm is signed up in the Arc County Program. Make plans today to attend this auction! Here is your opportunity to own one of Sioux County’s tracts of good farmland. This farm is available to farm for the 2016 crop year.
Method of Sale: Tract 1 (69.72 acres) will be offered and remain sold. Tract 2 (50.48 acres) will be offered and remain sold.Tracts will not be combined. Real Estate Taxes: According to the Sioux County Treasurer, the current net Real Estate taxes on Tract 1 are approximately $1780.00 per year. Taxes on Tract 2 are approx. $1086.00 per year. Seller will pay all real estate taxes which would become delinquent if not paid by Sept. 30, 2016, as well as all prior taxes.
Possession of Farmland: Possession will be given March 1, 2016.
Terms for Tracts 1 & 2: Purchaser(s) will be required to pay a non-refundable 15% of the purchase price immediately following the auction and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day January 15, 2016 when the buyer shall receive a clear and merchantable title to the property. These farms are being sold as is as a cash sale, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. All FSA information is according to the Sioux County FSA. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This land is sold subject to court approval and the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact the agents listed below.