Sold

TRACT 1 SOLD FOR $15,750 PER ACRE, TRACT 2 SOLD FOR $11,400 PER ACRE AND TRACT 3 SOLD FOR $18,800 PER ACRE! THANK YOU TO ALL THE BIDDERS, BUYERS AND EVERYONE IN ATTENDANCE!

January 20, 2023 @10:30 A.M.--Live Public Auction Of 160+/- Acres Of Farmland To Be Sold In 3 Tracts In Floyd TWP, Woodbury County, IA!--Located Just East Of Bronson, IA!

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Auction Date: January 20, 2023 - 10:30 am

Woodbury County

Upcoming Live Public Woodbury County, IA Land Auction

Of 159.99+/- Acres In Floyd TWP, Woodbury County, IA

To Be Sold In Three Tracts!

Located Just East Of Bronson, IA!

Tract 1: 64.12+/- Acres Of Farmland — Tract 2: 79.57+/- Acres Of Farmland

Tract 3: 16.30+/- Acres Of Farmland

Location: From the NE edge of Bronson, IA at the intersection of 200th St. & Eastland Ave go approx. 3/4 mile East on 200th St. Tract 1 lies South of 200th St. and Tracts 2 & 3 are directly North of Tract 1 on the North side of 200th St. Auction will be held at the site of the farmland! Watch zomercompany.com for inclement weather.

Sale Date: January 20, 2023 @10:30 A.M.

Auctioneer’s Note: The Zomer company is privileged to offer for sale at live public auction this land for Jon & Debra as they have purchased another property and are selling this property to complete their 1031 exchange. If you are looking to add land to your operation check out these tracts today! Watch zomercompany.com in case of inclement weather!

zomercompany.com

Abbreviated Legal Description of Tract 1: The SE ¼ of the NE ¼ and SW ¼ of the NW ¼ all in Section 27 and Section 28 in TWP 88N and Range 46W Woodbury County, IA excepting Parcel A located therein recorded in roll 533 image 1572. Sold subject to public roads, special assessments, drainage taxes and easements of record.

General description of Tract 1: According to the county assessor, this property contains 64.12+/- taxable acres. According to FSA/Agri-Data, this farm contains approx. 59.38+/- tillable acres with the remainder in waterway and road/ditch. This farm is classified as NHEL. The predominant soil types include: 670-Rawles, 1E3-Ida, 12B, C-Napier, 1C3, D3-Ida. The average CSR2 is 71.5 and the average CSR1 is 64.1. This farm has a corn base only which is combined with the adjoining farmland with a PLC yield on corn of 161bu. This land is in a great location and has an excellent topography! If you are looking to purchase a nice Woodbury County, IA farm then do not pass up this opportunity to purchase this tract of farmland! Land in Floyd TWP is not always available to purchase at auction! This is a wonderful farm with great soil ratings and is a nice farm to operate and has an excellent yield history with proven yields for the last 5 years of 231bu to 245bu on corn and 57bu to 67bu on soybeans! Do not pass up the opportunity to purchase this farm! Tract 1 will not be surveyed and will be sold based on the gross taxable county acres.

CLICK HERE TO VIEW VIDEO OF TRACT 1

Abbreviated Legal Description of Tract 2: The NE ¼ of the NW ¼ and the NW ¼ of the NW ¼ and the Fractional NE ¼ of the NE ¼ all located in Section 27 and Section 28 in the TWP 88N and Range 46W, Woodbury County, IA excepting acreage tracts located therein and excepting Parcel D in the N1/2 of the NW1/4 and excepting the N 64 rods of the W26 rods and the S16 rods of the W36 ½ rods of the NE ¼ of the NE ¼. Sold subject to public roads, special assessments, drainage taxes and easements of record.

General description of Tract 2: According to the county assessor, this property contains 79.57+/- taxable acres. According to FSA/Agri-Data, this farm contains approx. 75.96+/- tillable acres with the remainder in road/ditch and grass terraces. This farm is classified as HEL. The predominant soil types include: 1E3, C3-Ida, 670 Rawles, 12B, C-Napier. The average CSR2 is 45.2 and the average CSR1 is 44.5. This farm has a corn base only which is combined with the adjoining farmland with a PLC yield on corn of 161bu. . This land is in a great area! This is a wonderful opportunity to purchase a nice tract of Floyd TWP farmland! Land is not always available in this area! This farm has had an excellent yield history with proven yields for the last 5 years of 231bu to 245bu on corn and 57bu to 67bu on soybeans! Tract 2 will not be surveyed and will be sold based on the gross taxable acres.

CLICK HERE TO VIEW VIDEO OF TRACT 2

Abbreviated Legal Description of Tract 3: Parcel D in the N1/2 of the NW14 of Section 27, TWP 88N, Range 46W, Woodbury County, IA. Sold subject to public roads, special assessments, drainage taxes & easements of record.

General description of Tract 3: According to the recent survey this property contains 16.30+/- gross acres. According to FSA/Agri-Data, this farm contains approx. 14.03+/- tillable acres with the remainder in road/ditch. The predominant soil types include: 670-Rawles, 12C-Napier, 1E3-Ida. The average CSR2 is 81.3 and the average CSR1 is 70.8. This farm has a corn base only which is combined with the adjoining farmland with a PLC yield on corn of 161bu. This land is in a great area with great soil ratings! This is a wonderful opportunity to purchase a nice tract of Floyd TWP farmland! Land is not always available in this area! This farm has had an excellent yield history with proven yields for the last 5 years of 231bu to 245bu on corn and 57bu to 67bu on soybeans! This tract has been surveyed and will be sold based on the final gross surveyed acres.

Method of sale: The tracts will be offered in the choice method. The first successful bidder will be permitted to select the tract of their choice and then choice will then be offered again. The top successful bidder of the 2nd round of choice will then be permitted to select the tract of their choice from the 2 remaining tracts. After the 2nd round of choice whichever tract is remaining will then be sold. The successful bidder of each round of choice will only be permitted to select one of the tracts. The tracts will not be combined in any way. Once a tract is sold it will remain sold and will not be available to bid on again. Tracts will be sold with the final bid price times the county taxable acres on Tracts 1 & 2 and on Tract 3 will be sold with the final bid times the final gross surveyed acres. Auction to be held at the site of the farmland.

Taxes: The current Real Estate Taxes according to the Woodbury County Treasurer are approx. $2,580.00 per year currently on Tract 1 and are approx. $2,684.00 per year combined on Tracts 2 & 3. Taxes are only estimated and taxes will be reassessed due to the recent survey. Seller will pay the 2022 taxes which are due and payable in March and Sept of 2023.

Possession: Buyers will receive possession on closing day. These farms are available to farm for the 2023 crop year!

Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit on each tract, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before March 1, 2023 when the buyer shall receive a clear and merchantable title to the property. 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 are for informational purposes only and are not guaranteed to be actual boundary lines of the property. 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. Any expense for widening of driveways or installation of new driveways will be the buyers sole expense. Aerial maps, soil maps and auction booklets are available upon request. All information provided including but not limited to acres, years, plc yields, yields, etc. are not guaranteed and buyers are encouraged to verify any information that is important to the buyer. If buyer delays closing penalties may apply. All buyers are encouraged to do buyers due diligence. Buyer agrees to accommodate the seller with a 1031 exchange. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. – Jeff Johnson—Sellers Attorney