October 14, 2008 - 153.15 Acres of Lyon County, IA Farmland

LAND AUCTION

OF 153.15 ACRES LYON COUNTY IOWA FARMLAND

LOCATED AT CLEVELAND AVE. AND 140^TH STREET OR ON BLACKTOP A18 TOWARD AIRPORT FROM LARCHWOOD, IA 1 MILE EAST TO CLEVELAND AVE. THEN ¾ MILE SOUTH OR FROM LESTER,IWA 4 MILES WEST, ¾ MILE NORTH. –LOCATED JUST SOUTH OF THE LARCHWOOD GOLF COURSE

TUESDAY, OCTOBER 14, 2008

SALE TIME 10:30 A.M.

SALE HELD AT LOCATION OF THE LAND

GENERAL DESCRIPTION:

Inside 153.15 acres of farmland.  Note 3 acres of this farmland

was sold to acreage owner recently therefore estimates from

Lyon County F.S.A. may be slightly different from their earlier

estimates.135.7 acres cropland with balance in grass waterways.

Land has a corn base of 85.9 acres with a Direct Yield and CC yield of 104 bushels.  Soybeans base of 46.6 acres with a base Direct Yield and CC yield of 44 bushels. South 59.92 acres is classified as HEL with a conservation  plan of conservation crop rotation, conservation tillage and contour farming.  Balance of the land is not HEL.  Estimated average C.S.R. is 58.80. The soil types consist mainly of Moody Silty Clay Loam associated with Crofton, Egan, Afton and Colo Silty Clay Loam.

LEGAL DESCRIPTION:

NW ¼ (except Lot 1 and Parcel B) in Section 33, Larchwood Township 100 North, West of the 5^th P.M.  Lyon County, IA.  Subject to public road and easements of record.

REAL ESTATE TAXES:

Estate will pay the 2008 real estate taxes that are due and payable in the Spring 2009 installment and the Fall 2009 installment.  Present real estate taxes are $2,110.00 per year.

POSSESSION:  March 1, 2009

TERMS: 

Purchaser (s) will be required to pay a non-refundable 10% of the purchase price immediately following the auction and also enter into a purchaser agreement with balance due and payable on December 15, 2008 when the buyer shall receive a clear and merchantable title to the property. The 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 the data provided.  Any announcements made the day of the auction will supersede any advertisements.  Aerial and soil maps are available upon request.  Land sold subject to confirmation of seller.  If any additional information is requested please contact the agents listed below.  Vande Vegte and Zomer Realty and Auction, Inc. are agents for the sellers.  Lachlan M. Bonander is the attorney for the sellers.

DOROTHY SCHETTLER FARM, OWNERS

AUCTIONEERS AND REAL ESTATE BROKERS:

Darrell Vande Vegte~Doon, IA~712-726-3428

Mark Zomer~Rock Valley, IA~712-470-2526

SALES~Gary Van Den Berg~712-470-2068

SALES~Rick Childress~Larchwood, IA~605-261-3208