Sold

Thanks to the Large Crowd in Attendance and all the bidders!!! Farm # 1 Sold for $16,900.00 per Acre!!!! Farm # 2 Sold for $16,350.00 Per Acre!!!

November 2, 2022 @ 10:30 A.M.-Live Public Auction Of 147.37+/- Acres Of Quality Doon TWP, Lyon County, IA Farmland To Be Sold In Two Tracts--Edwin Van Ginkel Revocable Trust

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Auction Date: November 2, 2022 - 10:30 am

Lyon County

Upcoming Live Public Auction Of 147.37+/- Acres

Of Quality Doon TWP, Lyon County, IA Farmland

To Be Sold In Two Tracts

This farm is located Northwest of Doon, IA & East Of Inwood, IA!

This farm will be sold in two separate tracts!

Tract 1: 80+/- Acres — Tract 2: 67.37+/- Acres

Location: From the North edge of Doon, IA go 1 mile North to 240th St.(A42) then go 1/2 mile West on 240th St.(A42) to the farms. Tract 1 & 2 are both located North of 240th St.(A42) Auction will be held at the site of the farmland! For inclement weather watch zomercompany.com.

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

Auctioneer’s Note: Our company is honored to have been selected by the Van Ginkel family to offer for sale at live public auction two excellent tracts of farmland in Doon TWP, Lyon County, IA! These farms lie directly adjacent to each other and if purchased together would make an excellent contiguous 147.37+/- acre tract! Make plans today to purchase one or both of these tracts! Watch zomercompany.com in case of inclement weather!

Abbreviated Legal Description of Tract 1: Lot 2 in Parcel C in the SW1/4 of Section 14, TWP 98N, Range 46W, Lyon County, IA. Sold subject to public roads and easements of record.

General Description of Tract 1: According to the survey, this property contains 80 gross acres. According to FSA/survey, this farm contains approx. 78.18 tillable acres with the remainder in road and ditch. This farm is classified as HEL. The predominant soil types include: 410B, B2, C2-Moody, 92-Marcus, T410-Moody, 910B-Trent. The average CSR2 is 70.3 and the average CSR1 is 58.1. This is an excellent farm with 1/2 mile rows that is nearly all tillable with the only exception being the road and ditch! This farm has a corn base of 53.80 acres with a PLC yield of 167bu and a soybean base of 25.77 acres with a PLC yield of 49bu. This farm had over 7,500+ feet of drainage tile line installed in 2011 and is well drained! This is a quality Lyon County, IA farm! Land has proven again and again that it is a great investment for the future! If you are considering adding a farm to your operation or are looking to invest in farmland be sure to give this farmland some consideration! Make plans today to attend this auction!

Abbreviated Legal Description of Tract 2: Lot 1 in Parcel C in the SW1/4 of Section 14, TWP 98N, Range 46W, Lyon County, IA. Sold subject to public roads and easements of record. Sold subject to a well easement and septic tank and septic line easement.

General Description of Tract 2: According to the survey, this property contains 67.37 gross acres. According to FSA/survey, this farm contains approx. 63.15 tillable acres, approx. 1.91 acres of waterway with the remainder in road and ditch. This farm is classified as HEL. The predominant soil types include: 410B, B2, C2-Moody, 92-Marcus, 430-Ackmore, 910B-Trent, T410-Moody. The average CSR2 is 69.2 and the average CSR1 is 60.9. This farm has a corn base of 41.70 acres with a PLC yield of 167bu and a soybean base of 20.70 acres with a PLC yield of 49bu. This is a quality Lyon County, IA farm! Land has proven again and again that it is a great investment for the future! If you are considering adding a farm to your operation or are looking to invest in farmland be sure to give this farmland some consideration! Make plans today to attend this auction! This tract will be sold subject to a well easement and a septic tank/septic line easement. Contact an agent for details.

CLICK HERE TO VIEW A VIDEO OF TRACT 1 & 2

Method of sale: Farm will be sold with the final bid price x the gross surveyed acres. Tract 1 & Tract 2 will be offered in the choice method. The first successful bidder will have the choice of selecting either Tract 1 or Tract 2. The first successful bidder will only be permitted to select 1 tract. After the completion of the round of choice whichever tract is remaining will then be sold. Tracts will not be combined. Auction will be held at the site of the farmland.

Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are approx. $1,889.60 per year on Tract 1 and approx. $1,591.28 per year on Tract 2. Seller will pay the 2022 taxes which are due and payable in March and Sept of 2023.

Possession: Possession will be on March 1, 2023. This land is 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, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before December 20, 2022 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. Aerial maps, soil maps and auction booklets are available upon request. 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. 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. – Don Klein—attorney for the seller.