Sold

Thanks to the large crowd in attendance!!! And all the bidders!! Farm # 1 sold for $9300.00 Per Acre!!! Farm # 2 Sold for $9000.00 Per Acre!!!

October 28, 2022 @1:30 P.M.---Live Onsite Farmland Auction Of 155.81+/- Acres Of Contiguous Farmland In Sloan TWP, Woodbury County, IA To Be Sold In Two Separate Tracts--Tract 1: 72.96+/- Acres--Tract 2: 82.85+/- Acres---Located Northeast of Sloan, IA & Northwest of Hornick, IA & Southeast of Sergeant Bluff, IA!

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Auction Date: October 28, 2022 - 1:30 pm

Woodbury County

Upcoming Live Public Woodbury County, IA Farmland Auction

Located In Sloan TWP & Consisting Of

155.81+/- Contiguous Acres Of Farmland To Be Sold In 2 Separate Tracts

Located Northeast of Sloan, IA & Northwest of Hornick, IA & Southeast of Sergeant Bluff, IA!

Tract 1: 72.96+/- Acres — Tract 2: 82.85+/- Acres

Location: From the North edge of Sloan, IA at the intersection of K42/320th St go North on K42(Dallas Ave) for 4 miles to 280th St. then go 1 1/2 miles East on 280th St. to the farmland or from the Southeast corner of Salix, IA at the intersection of Old HWY 75 and 280th St go 3 1/2 miles East on 280th St. to the farms. Tract 1 is directly West of Tract 2. The tracts are adjoining. Auction will be held at the site of the farmland! Watch zomercompany.com for inclement weather.

Sale Date: October 28, 2022 @1:30 P.M.

Auctioneer’s Note: The Zomer company is privileged to offer for sale at live public auction this land for the Brunhild T. Ericksen Revocable Trust! This land provides the opportunity to purchase a nearly level tract of farmland with good CSR2 soil ratings! If you are looking to add land to your operation check out these tracts today! Watch zomercompany.com in case of inclement weather!

zomercompany.com

Abbreviated Legal Description of Tract 1: Parcel 1—A part of the Frac. N 1/2 of the NW1/4 in Section 4, TWP 86N, Range 46W, Woodbury County, IA. Sold subject to public roads, special assessments, drainage taxes and easements of record.

General description of Tract 1: According to the survey, this property contains 72.96+/- gross acres. According to survey/FSA, this farm contains approx. 69.09+/- tillable acres(exact tillable acres will need to be determined by FSA due to recent survey), with the remainder in road/ditch. This farm is classified as NHEL. The predominant soil types include: 244-Blend, 66-Luton, 67-Woodbury, 3440-Blencoe-Woodbury. The average CSR2 is 75.5 and the average CSR1 is 46.3. This farm has a corn base only which is combined with the adjoining farmland with a PLC yield on corn of 118bu. This land has a nearly level to sloping topography and is nearly all tillable with the only exception being the road and ditch! This is an excellent opportunity to purchase a farm which if purchased in conjunction with Tract 2 would provide the opportunity to purchase 155.81+/- contiguous acres! When land in an area comes for sale it is always a good decision to consider purchasing it as land in certain areas is not often available for sale! This land has many good qualities including a good location, CSR2 rating of 75.5, nearly all tillable and an excellent topography! This is a fantastic offering of Woodbury County, IA farmland! An opportunity like this is not always available! This farm is leased for the 2023 and 2024 crop years and buyer will be assigned the lease for 2023 and 2024 and will also receive an attractive rent subsidy from the sellers! The buyer of this tract will be required to extend the current driveway or install a new driveway at the buyers sole expense. Contact An Agent For Details!

CLICK HERE TO VIEW A VIDEO OF TRACT 1

Abbreviated Legal Description of Tract 2: Parcel 2—The frac. N1/2 of the NE1/4 of Section 4, TWP 86N, Range 46W, Woodbury County, IA. Sold subject to public roads, special assessments, drainage taxes and easements of record.

General description of Tract 2: According to the survey, this property contains 82.85+/- gross acres. According to survey/FSA, this farm contains approx. 78.42+/- tillable acres (exact tillable acres will need to be determined by FSA due to recent survey), with the remainder in road/ditch. This farm is classified as NHEL. The predominant soil types include: 66-Luton, 3440-Blencoe-Woodbury, 36-Salix, 244-Blend, 3686-Napa-Luton-Tieville. The average CSR2 is 72.8 and the average CSR1 is 51.4. This farm has a corn base only combined with the adjoining farmland with a PLC yield on corn of 118bu. This land has a nearly level topography and is all tillable with the only exception being the road and ditch! This is an excellent opportunity to purchase a farm which if purchased in conjunction with Tract 1 would provide the opportunity to purchase 155.81+/- contiguous acres! If you are looing for a tract of land that is easy to farm this is it! With long 1/2 mile rows this farm is easy to operate with large equipment! Do not miss the opportunity to purchase either of these farms as you never know when to next opportunity to purchase land in this area will be! This is a fantastic offering of Woodbury County, IA farmland! This farm is leased for the 2023 and 2024 crop years and buyer will be assigned the lease for 2023 and 2024 and will also receive an attractive rent subsidy from the sellers! Contact An Agent For Details!

CLICK HERE TO VIEW A VIDEO OF TRACT 2

Method of sale: Tract 1 & Tract 2 will be offered in the choice method. The first successful bidder will be permitted to select the tract of their choice or they may select both tracts. If the first successful bidder only selects one of the tracts then whichever tract is remaining will then be sold. The tracts will not be combined in any way. If the first successful bidder of the first round of bidding selects both tracts then the auction will be over. Tracts will be sold with the final bid price times the gross surveyed acres. Auction to be held at the site of the farmland.

Taxes: The current Real Estate Taxes and drainage taxes according to the Woodbury County Treasurer are approx. $2,929.47 per year currently on Tract 1 and approx. $3,229.53 per year on Tract 2. Taxes are only estimated and taxes will be reassessed due to the recent survey. Seller will pay the 2022 taxes which are due and payable in March and Sept of 2023.

Possession: Landlord Possession will be on Closing day. These farms are leased for the 2023 and 2024 crop years and buyer will be assigned the lease for 2023 and 2024 and will also receive an attractive rent subsidy from the sellers! Buyer will be responsible to terminate the farm lease according to Iowa Code.

Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit on each tract, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before December 22, 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. Any expense for widening of driveways or installation of new driveways will be the buyers sole expense. Aerial maps, soil maps and auction booklets are available upon request. All information provided including but not limited to acres, years, plc yields, etc. are not guaranteed and 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 and subject to court approval. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. – The seller is also represented by Mick Connealy, Crary Huff Law Firm, Sioux City, Iowa, 712-224-7556.