October 29, 2012 - 80 Acres of Sioux County, IA Farmland

Upcoming Sioux County, IA.  Farmland At Auction

Of 80+/–acres of Plato Twp Farmland—74.1 CSR

Monday October 29, 2012 –Sale time: 10:30 A.M.

Auction held at site of land—-Auction signs will be Posted!

Location: From Pump n Pak in Rock Valley, IA. go 7 miles south on Blktop K-30/Elmwood Ave. to 380^th St. then go approx. ¾ east on 380^th St. Land is located on north side of the road or from Casey’s corner in Sioux Center, IA. go 4 miles west on Blktop B-30 to Fir Ave. then go 1 mile north on Fir Ave. to 380^th St. then go 1 mile west to land.

Auctioneers note: We are honored to have been asked and appreciate the opportunity to offer at public auction this tract of farmland for Deanne Van Zee and Faith Franken. This attractive piece of farmland with a 74.1 CSR 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! This is a great opportunity to purchase some farmland in this location!

Abbreviated Legal Description: The E ½ of the SE ¼ of Section 28, Twp 96N, Range 46W of the 5^th P.M. –Plato Twp.–Sioux County, IA. –subject to easements of record and public highways of record.

General Description: This highly productive high quality 80 +–acre tract of farmland has according to the Sioux County FSA approx. 77.35 tillable acres with the balance in road and ditch. This farm has a corn base of 37.1 acres with a direct yield of 103 bu and a cc yield of 116bu.  A soybean base of 39.9 acres and a direct yield of 30 bu and a cc yield of 36 bu. The predominant soil types include: 310B, 310B2, 310C2-Galva, 92-Marcus and 91, 91B-Primghar. This farm has an average CSR rating of 74.1. This farm is classified as non-HEL. The farm is not enrolled in the acre program.  This farm was recently tiled and is an excellent producing farm. This farm is well managed and provides an excellent opportunity to anyone.

Taxes: According to the Sioux County Treasurer, the current net Real Estate taxes are approximately $1798.00 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 of the farmland will be Dec. 28, 2012 subject to current lease.

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 purchase agreement with the remaining balance due and payable as follows: 65% of purchase price paid on Dec. 28, 2012 and the remaining 25% on Jan 2, 2013. 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

Ron Oostra-attorney for sellers

Deanne R. Van Zee and Faith E. Franken—owners

Auctioneers:

Mark Zomer-712-470-2526

Ben Jans-712-441-2068

Darrell Vande Vegte-712-726-3428

Gary Vanden Berg-sales-712-470-2068