Sold

Thanks to the very large crowd in attendance and all the bidders!!!!!! Farm # 1 Sold for $18.100.00 Per Acre. Farm #2 Sold for $14,900.00 Per Acre. Property #3 Pastureland sold for $5100.00 Per Acre. Farm # 4 Sold for $16,000.00 Per Acre.

October 27, 2022 @10:30 A.M.---Upcoming Live Public Auction Of 235+/- Acres Of Farmland In Midland TWP, Lyon County, IA To Be Sold In 4 Separate Tracts Including Farmland & Pastureland Tracts---Located Northwest Of Little Rock, IA, Northeast Of Rock Rapids, IA, South Of Ellsworth, MN & North Of George, IA

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Auction Date: October 27, 2022 - 10:30 am

Lyon County

Upcoming Live Public Auction Of 235.61+/- Contiguous Acres Of Farmland & Pastureland In Midland TWP, Lyon County, IA

Sale Date: October 27 2022 @10:30 A.M.

To Be Sold In 4 Separate Tracts

This Farmland Is Located Northeast Of Rock Rapids, IA,

South Of Ellsworth, MN & Northwest Of Little Rock, IA!

Tract 1: 77.59+/- Acres Of Farmland

Tract 2: 74.47+/- Acres Of Farmland

Tract 3: 55.92+/- Acres Of Pastureland

Tract 4: 27.63+/- Acres Of Farmland

zomercompany.com

Location: From the East edge of Rock Rapids, IA go 7 miles East on HWY 9 to Iowa 91 Ave (Jefferson Ave) then go 1 1/4 mile North on Iowa 91 Ave (Jefferson Ave) to Tract 1. Tract 2 is located directly North of Tract 1. Tract 3 is located 1/4 mile North of Tract 1 and Tract 4 is located 1/2 mile North of Tract 1. All of the Tracts are on the West side of Iowa 91 Ave (Jefferson Ave) Watch zomercompany.com for inclement weather! Auction of all the tracts will be held at the Zomer Company Auction Lot just South of Little Rock, IA on HWY 9 (4594 IA 9 St., Little Rock, IA).

Auctioneers Note: The Zomer Company is honored to represent the Aberson family in offering this land for sale at live public auction! This land is in a great area and offers an excellent opportunity to purchase either tillable land or pastureland! Contiguous parcels of land are not always available! Watch zomercompany.com in case of inclement weather!

Abbreviated Legal Description Of Tract 1: Parcel H in SE1/4 of Section27, TWP 100N, Range 44W, Lyon County, IA. Subject to public roads & easements of record.

General description Of Tract 1: According to the recent survey, this property contains 77.59+/- gross acres. According to FSA/survey, this farm contains approx. 75.69+/- tillable acres with the balance in road and ditch. This farm has a corn base and soybean base combined with the adjoining property with a PLC yield of 167bu on corn and a PLC yield of 52bu. on soybeans. This farmland is classified as NHEL. The predominant soil types include: 310B, B2, C2-Galva. The average CSR1 is 66.5 and the average CSR2 is 92.1. This farm has nice topography with 1/2 mile rows and is nearly 100% tillable! If you are looking to purchase a quality inside tract of land be sure to take a look at this property! Buyer of this tract will be required to widen existing driveway or install a new driveway for access to this property at the buyers sole expense.

Abbreviated Legal Description Of Tract 2: Parcel F in the E1/2 of Section 27, TWP 100N, Range 44W, Lyon County, IA Subject to public roads & easements of record.

General description Of Tract 2: According to the recent survey, this property contains 74.47+/- gross acres. According to FSA/survey, this farm contains approx. 74.38+/- tillable acres with the balance in road and ditch. This farm has a corn base and soybean base combined with the adjoining property with a PLC yield of 167bu on corn and a PLC yield of 52bu. on soybeans. This farmland is classified as NHEL. The predominant soil types include: 310B, B2, C2-Galva, P733-Calco, 77C2-Sac, 91B-Primghar. The average CSR1 is 62.6 and the average CSR2 is 89.3. This farm is an inside tract of land with very few waste acres! If you are looking to expand your operation or investment portfolio be sure to take a look at this farm! If purchased in conjunction with Tract 1 this auction provides the opportunity to have a contiguous 152.06+/- acres of farmland! The buyer of this tract will be required to install a field driveway for access at the buyers sole expense. The field driveway has been approved by the county.

Abbreviated Legal Description Of Tract 3: Parcel C in NE1/4 of Section27, TWP 100N, Range 44W, Lyon County, IA Subject to public roads & easements of record.

General description Of Tract 3: According to the recent survey, this property contains 55.92+/- gross acres. This pastureland is fenced and has a source of water from the creek which flows through the property. The predominant soil types include: P733-Calco, 310B, B2-Galva, 77C2-Sac, 5040-Orthents. Pastureland is not always readily available! If you are a cow calf operator looking for additional acres of pastureland this is an excellent opportunity to purchase a good tract of pastureland! The buyer of this pastureland will be required to install a field driveway for access at the buyers sole expense. The field driveway has been approved by the county. Any new fencing needed on the South boundary line of the property between the acreage site and the pastureland will be the sole responsibility of the buyer of the pastureland.

Abbreviated Legal Description Of Tract 4: Parcel B in NE1/4 of Section 27, TWP100N, Range 44W, Lyon County, IA Subject to all public roads & easements of record.

General description Of Tract 4: According to the recent survey, this property contains 27.63+/- gross acres. According to FSA/survey, this farm contains approx. 26.28+/- tillable acres with the balance in road and ditch. This farm has a corn base and soybean base combined with the adjoining property with a PLC yield of 167bu on corn and a PLC yield of 52bu. on soybeans. This farmland is classified as NHEL. The predominant soil types include: 310B, C2-Galva, 91-Primghar, P733-Calco. The average CSR1 is 69 and the average CSR2 is 94.2. If you are a younger farmer, investor or someone looking to add a few acres to your operation this tract of land provides an excellent opportunity to purchase a smaller tract of farmland! This is a fantastic opportunity that you do not want to miss!

CLICK HERE TO VIEW A VIDEO OF TRACTS 1, 2 & 4

CLICK HERE TO VIEW A VIDEO OF TRACT 3

Method of sale: These tracts will be sold with the final bid price x the gross surveyed acres. Auction of all the tracts will be held at the Zomer Company Auction Lot just South of Little Rock, IA on HWY 9 (4594 IA 9 St., Little Rock, IA). Tracts 1 & 2 will be offered in the choice method. The top successful bidder of the first round of choice will have the option to select either Tract 1 or Tract 2 or both Tract 1 & Tract 2. After Tract 1 & 2 are sold then Tract 3 & 4 will be sold in the order listed. Tracts will not be combined in any way. Once a tract is sold it will remain sold.

Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are approx. $6,736.00 per year for all of the tracts combined. Seller will pay the 2022 taxes which are due and payable in March and Sept of 2023. Taxes will be reassessed due to recent survey.

Possession: Possession will be on March 1, 2023. 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, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before December 12, 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 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. All buyers are encouraged to do buyers due diligence. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. If buyer delays closing penalties may apply. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. – Randy Waagmeester—Attorney for Seller.