Online Auction of Grain Bin site--Opens August 1--Closes on August 28, 2015 sold in 2 Tracts-Norwest Ag-Services--owners-sold for $334,000.00

Online Only Auction 

Online Bidding opens August 1, 2015 at 8:00 A.M.

Online Bidding closes August 28, 2015 at 4:00 P.M.

Of Grain Bin Facilities, Office Building with Truck Scale located Northeast of Boyden, IA. which offers endless opportunities!

This property will be offered in 2 separate Tracts to better accommodate potential buyers.

click on link below to register to bid and start bidding

Location: 4119 300^th St. Boyden, IA. or from Pit Row gas station located on Hwy 18 in Boyden, IA go 2 miles North on Kennedy Ave./Blktop L14 to 300^th St. then go approx. 1 ¼ miles east. Auction signs will be posted.

Auctioneers Note: We are honored to offer this property for Norwest Ag Services Inc. This property would make a great addition to any farm Operation, Elevators, Cooperatives for grain Storage or Agronomy Companies, Fertilizer Companies, Livestock Entities or anyone looking to build a shop, livestock facilities or base for farm headquarters or expand their current business entity in the Heartland of Sioux County, IA. Auctioneers encourage potential buyers to attend the Open Houses and see the opportunity this property presents

Legal Description: 2 Tracts of land located in the NW ¼ of the NW ¼ of Section 19-97-43, Sioux County, IA. This property will be surveyed in 2 separate parcels.

Tract #1: General Description: This very attractive property will feature approximately 4 +/–surveyed Acres and will be sold based on surveyed acres. This tract features 10 Grain Bins which feature approx. 250,000 bushels of grain bin storage. This property also features a pit and bucket elevator which will unload/load approx. 5000 bushel per hour. This property also features an approx. 35 x 23 office which features offices, secretarial/scale counter, restroom and conference room. The office also has an attached approx. 24 x 64 shop/storage area. This property also features a 10 x 65’ –120,000 # truck scale with newer Rice Lake scale head with Epson printer-new in 2010. This office features central air and propane furnace. This property is servi7636ced by NW REC and has single phase electric. This property is also serviced by Lyon/Sioux Rural Water. The buyer of tract one will be responsible for the septic inspection on this property and any update if required. This property could be utilized as a grain facility as well endless potential for other opportunities. (This is the North Grain bin site). Tract 1 will provide a 15 ft wide permanent access easement to tracts 2 & 3 for access. Note: Morton machine shed is not included with either tract.

Tract #2 General Description: This tract will feature approx. 3 +/- surveyed acres and will be sold based on surveyed acres. This tract features 4-60,000 bushel grain bins. This property also features a pit with bucket elevator which unloads/loads approx. 10,000 bushels per hour.  These bins are aeration bins only not dryers. This site is also an excellent opportunity and is located South of tract one. This property is serviced by NWREC and is 3 phase, there is no rural water on tract 2. This property also features a large unload tower for potential outdoor storage. This would make an excellent addition as well as tract one with unlimited potential as there is ample room for future expansion.

Open houses: Open house will be held on August 6, 2015 from 11:00 A.M. to 1:00 P.M. and on August 13 from 10:00 A.M. to 12:00 P.M. or by contacting one of the agents listed below.

Taxes: Current Real Estate Taxes for Tract 1 & 2 combined are $7636.00 per year. Taxes will be prorated to date of closing.

Method of Sale: This will be an online only auction. Tracts will be offered by total dollars on each tract and each will be offered separately.

Possession: Possession will be on closing day Oct 1, 2015.

Terms: Successful bidders at close of auction agree to sign a purchase agreement within 24 hrs of final bidding closing with the following terms.  A $35,000 non refundable down payment will be due on each tract immediately following the auction and the remaining balance will be due in full on Oct. 1, 2015. These properties are being sold as a cash sale, with no finance contingencies. Full payment will be due and payable on closing day when clear and merchantable title will be given to the buyer(s). These properties are being sold as is where is with all defects and no warranties are expressed or implied. Although all information is deemed reliable, all buyer(s) are encouraged to inspect the property and verify any information. All prospective buyers are encouraged to contact Sioux County Zoning for any permitted uses and future zoning questions. The Sale is subject to the confirmation of the sellers and sellers reserve the right to accept/reject or negotiate final bid at close of auction. This transaction will only become binding upon written execution of purchase agreement between buyers and sellers. Auctioneers and Agents are representing the sellers in this transaction. Any announcements made posted day of auction will supersede any advertising.

Norwest Ag Services–owners

Auctioneers and Agents:

Mark Zomer-712-470-2526

Darrell Vande Vegte-712-726-3428

Gary Van Den Berg-sales-712-470-2068