October 15, 2012 - 80 Acres of Lyon County, IA Farmland

Lyon County IA Farmland Auction

Of 80+/–acres of Lyon County, IA. Cleveland Twp. Farmland

Monday Oct 15, 2012–Sale time: 10:30 A.M.

Location: from the East edge of Lester, IA. go 3 miles east on Hwy 9/150^th St. to Fir Ave. then go 4 ½ miles south on Fir Ave. to North edge of the land. From Alvord, IA. go 2 ½ miles east on Blktop A-34/210^th St. to Fir Ave then go 1 ½ miles north

Auctioneers note: We are honored to have been asked and appreciate the opportunity to offer at public auction this tract of farmland for the Elmer J. Sheneberger Trust. This attractive piece of farmland has been in this family for many years and represents a once in a lifetime opportunity. This piece of farmland would make an excellent addition to anyone’s current farming operation or would make a great investment! Make plans today to attend. Thank you, Mark.

Abbreviated Legal Description of Tract 1: The S ½ of the NE ¼ of Section 27, Twp 99N, Range 46W of the 5^th P.M. Cleveland Twp, Lyon County, IA. –subject to public roads and easements of record.

General Description of Tract 1: This highly productive high quality 80+–acre tract of farmland has according to the Lyon County FSA approx. 76.11 tillable acres with the balance in road, ditch and also there are 3 acres in the Conservation Reserve Program which expires on Sept 30, 2012. This farm has a corn base of 37.8 acres with a direct yield and cc yield of 105bu. A soybean base of 37.2 acres and a direct yield and cc yield of 34bu. The predominant soil types include: 410B, 410C2-Moody, 910B, 910-Trent and 430-Ackmore. 55.92 acres of this farm are classified as non-HEL.  20.19 are classified as HEL with a conservation plan actively applied of crop rotation, conservation tillage, contour farming and grassed waterway.  This farm is enrolled in the Acre Program. The CSR rating is 62. If you are looking for a productive farm –make plans today to attend and add to your current operation.

Taxes: According to the Lyon County Treasurer, the current net Real Estate taxes are approximately $1588.00 per year. Seller will pay the real estate taxes thru fiscal year ending June 30, 2012 and taxes payable in September 2013 for taxes thru Dec. 31, 2012.

Method of sale:  This tract of farmland will be offered as an 80+/-acre tract of farmland.

Possession): Possession will be March 1, 2013 due to current lease.

Terms for Tracts 1 & 2:  Purchaser(s) will be required to pay a non-refundable 10% of the purchase price immediately following the auction and also enter into a purchase agreement with the remaining balance due and payable on closing day on or before November 30, 2012 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 maps, soil maps and auction booklets are available upon request. The land is being sold subject to the confirmation of the sellers. If any additional information is requested, please contact the agents listed below. Auctioneers and Real Estate agents are representing the sellers.

Elmer J. Sheneberger Revocable Trust-owners

Auctioneers:

Darrell Vande Vegte-712-726-3428

Mark Zomer-712-470-2526

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