December 15, 2011 - 110.41 Acres of Sioux County, IA Farmland - Sold for $18,250.00

Prime Sioux County, IA. Farmland at Auction

69.2 CSR rating

Of 110.41 acres of Section 28, Plato Twp Farmland

Thursday December 15, 2011–Sale time: 10:30 A.M.

Location: from Casey’s corner in Sioux Center, IA. go 6 miles West on Blktop B-40/390^th St. then go 2 miles North on Blktop K-30/Elmwood Ave. to 370^th St. then go approx. ½ mile East to beginning of land or from Pump n Pak in Rock Valley, IA. go 6 miles South on Blktop K-30/Elmwood Ave. to 370^th St. then go approx. ½ mile East to beginning of land.

 Auction signs will be posted!!

Auctioneers Note: We are honored to conduct this auction for the Van Der Vliet Family. This piece of farmland has been in the Van Der Vliet Family for 70+ years. This is a PRIME piece of Sioux County, IA. Farmland and represents an “Unbelievable” opportunity for anyone looking for a great investment or to add to their current operation!

Legal Description for Parcel A: That part of the NE ¼ of Section 28, Twp 96N, Range 46W of the 5^th P.M., designated Parcel A as shown by Plat of Survey recorded in the 2011 file- Card #6188.– Sold subject to public highway and easements of record.

General Description: According to the Survey, there will be 110.41 gross acres. According to the Survey, there will be approx. 108.3 tillable acres. This farm has high producing soils with an average CSR rating of approx. 69.2. This farm is classified as non-hel. The topography of this farm is nearly level to gently rolling. This farm has been tiled and has good drainage. This is a very attractive piece of land and would be a pleasure to farm. The predominant soil types are: 310B2-Galva silty clay loam, 91, 91B-Primghar silty clay loam and 92 Marcus silty clay loam. The corn base and soybean base of this farm is currently combined with adjoining farmland. Due to survey this farm will need to be reconstituted by FSA. This farm will be checked prior to auction for the 180 nutrient depreciation program. Please contact Auction Company for more details. This farm has been very well managed and is a very productive farm. Don’t miss the opportunity to invest in this prime farmland or to add to your current operation. This farm has been in the family 70+ years and is a once in a lifetime opportunity!

Method of Sale: Offered will be 110.41 acres as one tract

RE taxes: According to the Sioux County Treasurer, the current RE taxes are approx. $2310.00 per year. However, this property has been surveyed and taxes will need to be adjusted according to the survey. Seller will pay the 2011 taxes which would become delinquent if not paid by October 1, 2012.

Possession of farmland: Possession will be on January 24, 2012, subject to existing farm lease which terminates February 29, 2012. 

Terms: Purchaser(s) will be required to pay a non-refundable 10% 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 24, 2012 when the buyer shall receive a clear and merchantable title to the property. This 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 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 the confirmation of the sellers. If any additional information is requested, please contact the agents listed below. Ron Oostra –attorney for seller.

Katherine Van Der Vliet Estate—owner

Auctioneers and RE brokers

Mark Zomer-712-470-2526

Darrell Vande Vegte-712-726-3428         Gary Van Den Berg-sales-712-470-2068