Sold

THANKS TO THE LARGE CROWD IN ATTENDANCE AND THE BIDDERS ON BEHALF OF THE KOCH FAMILY!!! FARM#1 SOLD FOR $18,100.00 PER ACRE!! FARM#2 SOLD FOR $18,600.00 PER ACRE!! FARM# #3 FARM SOLD FOR $15,8000 PER ACRE!!! FARM #4 SOLD FOR $14,500.00 PER ACRE!!!!

November 13, 2023 @10:30 A.M.---Live Onsite Farmland Auction Of 464+/- Acres Of Farmland To Be Sold At Auction In Portland TWP, Plymouth County, IA In 4 Separate Tracts! Located East Of Akron, IA, Northwest Of Le Mars, IA & Southwest of Ireton, IA!

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Auction Date: November 13, 2023 - 10:30 am

Plymouth County

Upcoming High Quality Farmland Auction Of 464.89+/- Acres Of Land

Located in Portland TWP, Plymouth County, IA

This Farmland Will Be Sold In 4 Separate Tracts!

Tract 1: 91.55 Acres — Tract 2: 64.49 Acres —

Tract 3: 156.33 Acres —Tract 4: 152.52 Acres

Located East Of Akron, IA, Northwest Of Le Mars, IA & Southwest of Ireton, IA!

Tract 1 Location: From Akron, IA go East on C16(150th St) for 3 1/4 miles To Tract 1. Tract 1 is located on the South side of C16(150th St.).

Tract 2 Location: From Akron, IA go East on C16(150th St) for 3 miles to Tract 2. Tract 2 is in the SE corner of the intersection of K18 & C16

Tract 3 Location: From Akron, IA go East on C16(150th St) for 3 miles to K18 then go South on K18 for 3/4 mile to Tract 3. Tract 3 is on the West side of K18.

Tract 4 Location: From Akron, IA go East on C16(150th St) for 3 miles to K18 then go South on K18 for 3/4 Mile. Tract 4 is on the East side of K18 and is also on the North side of 160th St.

Auction of all of the tracts will be held at the site of Tract 4.

Sale Date: November 13, 2023 @10:30 A.M.

zomercompany.com

Auctioneers’ Note: We are honored to represent the Koch family in offering for sale at auction these powerful Plymouth County, IA farms! These tracts of farmland offer a tremendous opportunity to purchase one tract of land or the opportunity to purchase one large block of land consisting of 464+/- acres of farmland! Call an auctioneer today to receive a full informational packet!

Abbreviated Legal Description of Tract 1: Parcel B in the NW1/4 of Section 36, TWP 93N, Range 48W, Plymouth County, IA. Subject to all easements and public roads of record.

General Description of Tract 1: According to the recent survey, this property contains 91.55+/- gross acres. According to FSA/Survey, this farm contains approx. 86+/- tillable acres. This farm has road on 1 side and is an inside tract of farmland! This farm has a corn base and soybean base combined with the adjoining tract of farmland with a PLC yield of 138bu on corn and a PLC yield of 42bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 310B-Galva, 91B-Primghar, 310C2-Galva, 19B-Kennebec-McPaul, 1D3, C3-Ida. The average CSR1 is 66.5. The average CSR2 is 90.6. This land currently has a manure easement on it that can be terminated. (Contact agent for details). The seller of this property will apply liquid hog manure to the acres of this farm which are currently planted to beans in the fall of 2023 and buyer will NOT be required to reimburse the seller for the manure applied or application costs. This is a powerful offering of Plymouth County, IA farmland with some of the best soil ratings in the county! This is a top quality tract of farmland that you will be proud to own! Make plans today to attend this auction!

Abbreviated Legal Description of Tract 2: Parcel A in the NW1/4 of Section 36, TWP 93N, Range 48W, Plymouth County, IA. Subject to all easements and public roads of record.

General Description of Tract 2: According to the recent survey, this property contains 64.49+/- gross acres. According to FSA/Survey, this farm contains approx. 58+/- tillable acres. This farm has a corn base and soybean base combined with the adjoining tract of farmland with a PLC yield of 138bu on corn and a PLC yield of 42bu on soybeansThis farm is classified as NHEL. The predominant soil types include: 310B, C2-Galva, 1C3,D3-Ida, 91B-Primghar. The average CSR1 is 67.1. The average CSR2 is 92. This land currently has a manure easement on it that can be terminated. (Contact agent for details). Farms of this size and with this high of soil ratings are not often offered for sale in this area! If you want to purchase a top quality farm in Portland TWP, Plymouth County, IA this farm is one which you can be proud to own! If you are a younger farmer, established operator or investor looking for a smaller tract of farmland this farm is one that you can feel proud to own!

Abbreviated Legal Description of Tract 3: The SE1/4 of Section 35, TWP 93N, Range 48W, Plymouth County, IA Excepting a parcel. Subject to all easements and public roads of record.

General Description of Tract 3: According to the recent survey, this property contains 156.33+/- gross acres. According to FSA/Survey, this farm contains approx. 140.60+/-tillable acres. This farm has a corn base of 122.40 acres with a PLC yield of 138bu and a soybean base of 21.30 acres with a PLC yield of 42bu.. This farm is classified as HEL. The predominant soil types include: 1C2, D3-Ida, 310B, C2-Galva, 19B-Kennebec-McPaul, 91B-Primghar. The average CSR1 is 48.1. The average CSR2 is 62.6. This farm is contour farmed and also has some grass terraces. The seller of this property will apply liquid hog manure to this farm in the fall of 2023 and buyer will NOT be required to reimburse the seller for the manure applied or application costs. (Contact agents for details). This land currently has a manure easement on it that can be terminated. (Contact agent for details). This is an excellent opportunity to purchase a larger tract of farmland in Plymouth County, Iowa! This farm is a good producer and would make an excellent addition to your investment portfolio or current operation!

Abbreviated Legal Description of Tract 4: Parcel B & C in the SW1/4 of Section 36, TWP 93N, Range 48W, Plymouth County, IA. Subject to all easements and public roads of record.

General Description of Tract 4: According to the recent survey, this property contains 152.52+/- gross acres. According to FSA/Survey, this farm contains approx. 130.32+/- tillable acres. This farm has a corn base & soybean base combined with the adjoining tract of farmland with a PLC yield of 144bu on corn and a PLC yield of 42bu on soybeans. This farm is classified as predominantly NHEL with only a small portion classified as HEL. The predominant soil types include: 31B, C2, D2-Galva, 91B-Primghar, 19B-Kennebec-McPaul, T310B, D2-Galva, 1C3, D3-Ida. The average CSR1 is 64.9. The average CSR2 is 88.3. The seller of this property will apply liquid hog manure to this farm in the fall of 2023 and buyer will NOT be required to reimburse the seller for the manure applied or application costs. (Contact Agent for details). This land currently has a manure easement on it that can be terminated. (Contact agent for details). This is an excellent tract of Plymouth County, IA farmland! This farm is contour farmed & also has some grass terraces! Do not pass up on the opportunity to purchase this fantastic tract of land! If you are looking to add a farm to your operation this auction provides you the opportunity to purchase several tracts of Plymouth County, IA land! Make plans today to purchase these powerful Plymouth County, IA farms!

CLICK HERE TO VIEW A VIDEO OF TRACTS 1, 2, 3 & 4

Method of sale: Auction of all of the tracts will be held at Tract 4. Tracts will be sold in the choice method. Top bidder of each round of choice will be permitted to select the tract of their choice. If both Tracts 1 & 2 are still remaining as choice options then the top bidder may select both Tract 1 & 2 otherwise each top successful bidder in each round of choice will only be permitted to select 1 of the 4 land tracts. Once a tract is sold it will remain sold and will not be available to bid on again. No combination of the tracts will be offered. Choice will continue until all of the parcels are sold. Tracts will be sold with the final bid price times the gross surveyed acres.

Taxes: The current Real Estate Taxes according to the Plymouth County Treasurer are approx. $6,560.00 per year for Tracts 1 & 2 combined, approx. $4,302.00 per year for Tract 3 & approx. $6,253.32 per year for Tract 4. Seller will pay the 2023 taxes which are due and payable in March and Sept of 2024.

Possession: Full possession will be on March 1, 2024. This land is available to farm for the 2024 crop year! Early possession may also be available!

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 which will be on or before December 21, 2023 on Tracts 3 & 4 and on January 5, 2024 on Tract 1 & 2. Buyer shall receive a clear and merchantable title to the property on closing day. 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. All buyers are encouraged to do buyer’s due diligence. 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 statues. 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. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Kelsey Langel—Attorney for sellers.