Zomer Company
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Rock Valley, IA            712.476.9443     info@zomercompany.com

Zomer Company
  • Sold
TRACT 1 SOLD FOR $22,400 PER ACRE, TRACT 2 SOLD FOR $20,900 PER ACRE! THANK YOU TO ALL THE BIDDERS AND EVERYONE IN ATTENDANCE!!

May 2, 2022 @10:30 A.M. Upcoming Live Public Auction Of 119+/- Acres Of Lynn TWP, Sioux County, IA Farmland Located Northwest of Hospers, IA & Southwest of Sheldon, IA! Reynold (Ren) & Eleanor Van Gelder Family--Owners

Visit the catalog(s) to Bid Online:

Auction Date:   May 2, 2022 - 10:30 am
  • IA

Upcoming Live Public Auction Of 119+/- Acres Of

Lynn TWP, Sioux County, IA Farmland

This Farmland Is Located Northwest Of Hospers, IA & Southwest of Sheldon, IA!

 

This Land Will Be Sold In Two Separate Tracts!

This Farm Is Leased For The 2022 Crop Year & Buyer Will Receive The Full Rent For 2022 And Will Receive A Rent Subsidy From The Seller!

 

Location: On The North edge of Hospers, IA at the intersection of HWY 60 and 390th St. go 2 miles North on HWY 60 to 370th St. then go West on 370th St for approx. 3/4 mile to the farm. Tract 1 is located in the Northeast corner of intersection of Lily Ave and 370th St. Tract 2 is directly East of Tract 1. Auction signs will be posted. Watch zomercompany.com for inclement weather!  Auction will be held at the site of the farmland!

 

Sale Date: May 2, 2022 @10:30 A.M.

 

Auctioneers Note: Our company is honored to have been selected by the Van Gelder family to offer for sale these excellent tracts of Sioux County, IA farmland! As many of you know Ren was a very well respected auctioneer in Northwest IA for many decades and it is an honor to represent the Van Gelder Family in the sale of this farmland!  If you are looking to expand your current operation or for a great investment property then be sure to call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site of the farmland! Watch zomercompany.com in case of inclement weather!

zomercompany.com

 

CLICK HERE FOR ONLINE CATALOG

 

Abbreviated Legal Description of Tract 1: The SW1/4 of the SW1/4 and the fractional West 1/2 of the SE1/4 of the SW1/4 of Section 22, TWP 96N, Range 43W, Sioux County, IA. Subject to all easements and public roads of record. This property will be surveyed prior to auction day.

 

CLICK HERE TO WATCH VIDEO OF TRACT 1

 

General description of Tract 1: According to the Sioux County, IA assessor, this property contains 60+/- gross acres (To be adjusted after certified survey). According to FSA this farm contains approx. 55.92+/- tillable acres with the balance in road and ditch and grass waterway. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 173bu. On corn and 50bu. On soybeans. This farm is classified as NHEL. The predominant soil types include: 310B-Galva, 133-Colo, 91B-Primghar, 78C2-Sac, 31-Afton. The average CSR1 is 67.1 and the average CSR2 is 91.5. This farm appears to have a good state of productivity and is well managed. This farm does have some drainage tile installed. This farm has great soil ratings! This farm is leased for the 2022 crop year and the buyer shall receive the full rent for 2022 at closing and will also receive a rent subsidy from the seller! This is a great opportunity!

 

Abbreviated Legal Description of Tract 2: The NE1/4 of the SW1/4 and the fractional East 1/2 of the SE1/4 of the SW1/4 of Section 22, TWP 96N, Range 43W, Sioux County, IA. Subject to all easements and public roads of record. This property will be surveyed prior to auction day.

 

CLICK HERE TO WATCH VIDEO OF TRACT 2

 

General description of Tract 2: According to the Sioux County, IA assessor, this property contains 59+/- gross acres (To be adjusted after certified survey). According to FSA this farm contains approx. 56.63+/- tillable acres with the balance in road and ditch and grass waterway. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 173bu. On corn and 50bu. On soybeans. This farm is classified as NHEL. The predominant soil types include: 310, B, B2-Galva, 133-Colo, 78C2-Sac, 33D2-Steinauer, 78B2-Sac, 31-Afton. The average CSR1 is 64 and the average CSR2 is 87.4. This farm appears to have a good state of productivity and is well managed. This farm does have some drainage tile installed. This farm has great soil ratings! This farm is leased for the 2022 crop year and the buyer shall receive the full rent for 2022 at closing and will also receive a rent subsidy from the seller! This is a great opportunity!

 

 

Method of sale: These farms will be surveyed and the final sale price shall be based on the final bid x the gross surveyed acres. These farms will be offered in the choice method with the first successful bidder having the option to take the tract of their choice. The first successful bidder will be allowed to select 1 tract and then the remaining tract will be sold. Auction will be held at the site of the Land.

 

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $3,642.00 per year. Seller will pay the 2021 taxes which are due and payable in March and Sept of 2022.

 

Possession: Possession will be on March 1, 2023 due to the current farm lease. Buyer will receive the full rent for 2022 from the seller and seller will also be subsidizing the rent for 2022. Tenant has the right to bale stalks/stubble on the property. Buyer may have possession of the property after baling and removal of bales is completed.

 

Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before June 20, 2022 when the buyer shall receive a clear and merchantable title to the property. Penalties may apply should buyer delay closing. This farm is 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 and pictures 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. Aerial maps, soil maps and auction booklets are available upon request. All buyers are encouraged to do buyers due diligence. Buyer is responsible to terminate the current lease prior to Sept 1. 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. – Tisha Halverson—Attorney for Seller.

 

Click Here For Booklet 

 

Reynold (Ren) & Eleanor Van Gelder Family — Owners

Auctioneers:

Zomer Company

Mark Zomer – 712-470-2526 — Blake Zomer – 712-460-2552

 Gary Van Den Berg – 712-470-2068 — Ivan Huenink-712-470-3203 — Gerad Gradert –712-539-8794

Darrell Vande Vegte – 712-470-1125 — Ryan Zomer – 712-441-3970 —Joel Westra Jr. –605-957-5222

 

Listing Agent(s)

Blake Zomer
  • Farm Management Representative,
  • Real Estate Agent
Gary Van Den Berg
  • Real Estate Agent
Mark Zomer
  • Auctioneer,
  • Farm Management Representative,
  • Owner,
  • Real Estate Broker
Ryan Zomer
  • Real Estate Agent
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