Sold

Thanks to the Very Large crowd in attendance!!!!! And all the bidders both live at auction and online!!!! Farm # 1 sold for $21.000.00 Per Acre!!! Farm #2 Sold for $15,200.00 Per Acre!!! Tract #3 Abandoned Acreage site sold for $81,000.00!!!!

December 14, 2022 @10:30 A.M.--Upcoming Live Public Auction Of Farmland & A Building Site To Be Sold In 3 Tracts Located In Sherman TWP, Sioux County, IA & Fredonia TWP, Plymouth County, IA--Located Northeast Of Le Mars, IA & Southeast Of Maurice, IA!

Visit the catalog(s) to Bid Online:

View Catalog 1

Auction Date: December 14, 2022 - 10:30 am

Plymouth County
Sioux County

Upcoming Live Public Auction Of

79.53+/- Acres Of Farmland In Fredonia TWP, Plymouth County, IA

AND

80.93+/- Acres Of Farmland In Sherman TWP, Sioux County, IA

AND

A 5.41+/- Acre Building Site In Sherman TWP, Sioux County, IA

Located Southeast Of Maurice, IA And Northeast of Le Mars, IA!

These Properties Are Located Southeast Of Maurice, IA &

Northeast Of Le Mars, IA & Southwest Of Orange City, IA!

Tract 1 Location: From Maurice, IA go South on US HWY 75 for 5 miles then go East on 110th St. for 4 miles to Noble Ave then go North on Noble Ave for 3/4 mile. Farm is on the East side of Noble Ave.

Tract 2 Location: From Maurice, IA go South on US HWY 75 for 5 miles then go East on 110th St. for 2 miles to Marble Ave then go North on Marble Ave for 1 mile to 510th St. Farm is in the Northwest corner of the intersection of 510th St. & Hickory (Marble) Ave.

Tract 3 Location: 3276 510th St., Maurice, IA. Tract 3 adjoins Tract 2.

Auction for all tracts to be held at Tract 1. Watch zomercompany.com for inclement weather!

Sale Date: December 14, 2022 @10:30 A.M.

Auctioneers’ Note: The Zomer Company is honored to have been selected by the Chapman family to offer for sale at public auction these excellent properties! These properties are located Southeast of Maurice, IA & Northeast of Le Mars, IA! Call an auctioneer today to receive a full informational packet!

zomercompany.com

Abbreviated Legal Description of Tract 1 (Farmland): Parcel B in the Fractional W1/2 of the NW1/4 of Section 6, TWP 93N, Range 44W, Plymouth County, IA. Subject to all public roads and easements of record.

General Description of Tract 1: According to the survey, this property contains 79.53+/- gross acres. According to the survey/FSA, this farm contains approx. 75.25+/- tillable acres with the balance in road/ditch and grass terraces. This farm has a corn base of 38.90 acres with a PLC yield of 141bu. and a soybean base of 36.35 acres with a PLC yield of 38bu. This farm is classified as HEL. The predominant soil types include: 310B, C2-Galva, 1B3-Ida. The average CSR1 is 56.8. The average CSR2 is 86.8. This is an excellent tract of farmland in Fredonia TWP, Plymouth County, IA! Farmers & Investors do not miss this opportunity to purchase a quality Plymouth County, IA farm! This farm has had excellent yield history and the APH yield records are available! This farm has had an average approved yield of 217bu on corn and an average approved yield of 61bu on soybeans! This land has been in the Chapman family for many years and now is your opportunity purchase it and make it a part of your families legacy! Invest in your families future today by purchasing this tract of farmland! Make plans today to attend this auction!

CLICK HERE TO VIEW VIDEO OF TRACT 1

Abbreviated Legal Description of Tract 2 (Farmland): Lot 2 in Parcel C in the SE1/4 of Section 34, TWP 94N, Range 45W, Sioux County, IA. Subject to all public roads and easements of record.

General Description of Tract 2: According to the survey, this property contains 80.93+/- gross acres. According to the survey/FSA, this farm contains approx. 60.16+/- tillable acres, approx. 11.60 acres of CRP with an annual payment of $4,152.00 with a contract expiring 9-30-2023 (Buyer will receive the full 10-1-2023 CRP payment), and approx. 4.55+/- acres of grass waterway with the balance in road/ditch and grass terraces. This farm has a corn base of 33.80 acres with a PLC yield of 141bu. and a soybean base of 26.35 acres with a PLC yield of 38bu. This farm is classified as NHEL. The predominant soil types include: 310B, B2, C2-Galva, 467-Radford, 428B-Ely, 91B-Primghar, 33D2-Steinauer, 92-Marcus, 810B-Galva. The average CSR1 is 67.2. The average CSR2 is 87.8. This is an excellent tract of farmland in Sherman TWP, Sioux County, IA! Farmers & Investors do not miss this opportunity to purchase a quality Sioux County, IA farm! This farm has had excellent yield history and the APH yield records are available! This farm has had an average approved yield of 224bu on corn and an average approved yield of 66bu on soybeans! This land has been in the Chapman family for many years and now is your opportunity purchase it and make it a part of your families legacy! Invest in your families future today by purchasing this tract of farmland! Any trees or rubbish on this property will be the buyers expense to remove. Make plans to attend this auction today!

CLICK HERE TO VIEW VIDEO OF TRACT 2

Abbreviated Legal Description of Tract 3 (Building Site): Lot 1 in Parcel C in the SE1/4 of Section 34, TWP 94N, Range 45W, Sioux County, IA. Subject to all public roads and easements of record. (3276 510th ST., Maurice, IA)

General Description of Tract 3: According to the survey, this property contains 5.41+/- gross acres. This property would make an excellent location for you to establish your families dream home! This building site is located approx. 1 1/4 miles from a hard surface road and is approx. 8 miles Northeast of Le Mars, IA and approx. 5 miles Southeast of Maurice, IA and is approx. 10 miles Southwest of Orange City, IA! This property is in a great location! Southern Sioux Rural Water is located adjacent to this property and this property is serviced by NW REC for elec. Buyers are encouraged to contact Southern Sioux Rural Water with any questions regarding rural water. This property has a well established grove in place! This property has several older buildings and would make an excellent private location for you to build your dream home! It is not often that you have the opportunity to purchase properties like this in this area! Contractors, Investors, Farmers do not miss out on this opportunity! If you are looking to make the move out to the country do not pass up this property!

Method of sale: Auction will be held at the site of Tract 1. Tracts 1 & 2 will be offered in the choice method. The top successful bidder of the round of choice will be permitted to select the tract of their choice and then the remaining tract will be sold. The first top successful bidder of choice will only be permitted to select one tract. After Tract 1 & 2 are both sold then Tract 3 will be sold. Tracts 1 & 2 will be sold with the final bid price x the final gross surveyed acres. Tract 3 will be sold in total dollars.

Taxes: The current Real Estate Taxes according to the county treasurer are approx. $2,107.51 per year on Tract 1, approx. $1,900.00 per year on Tract 2 and approx. $100.00 per year on Tract 3. Seller will pay the 2022 taxes which are due and payable in March and Sept of 2023

Possession: Full possession will be on closing day on all the tracts. This farmland is 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 which will be on or before February 10, 2023. Buyer shall receive a clear and merchantable title to the property on closing day. These properties 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. Buyer agrees to assume the CRP contract and abide by all CRP terms 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. Dan Pluim—Attorney for sellers.