Sold

THANKS TO ALL THE BIDDERS AND THOSE IN ATTENDANCE!!!! FARM #2 SOLD FOR $12,600.00 PER ACRE!!! AND FARM #1 SOLD FOR $9900.00 PER ACRE!!

November 9, 2023 @10:30 A.M. --Live Public Auction Of 147.72+/- Acres Of Farmland To Be Sold In Two Tracts In East Holman TWP, Osceola County, IA--Located South Of Sibley, IA & Northeast Of Ashton, IA!

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Auction Date: November 9, 2023 - 10:30 am

Osceola County

Upcoming Live/Online Public Auction Of 147.72+/- Acres

Of Farmland Located In East Holman TWP, Osceola County, IA To Be Sold In Two Separate Tracts!

This Land Is Located South of Sibley, IA & Northeast of Ashton, IA!

This Is Your Chance To Purchase A Fantastic Tract Of Land In Osceola County, IA!

Tract 1: 46.59 Acres — Tract 2: 101.13 Acres

Location: From Kwik Star in Sibley, IA go South on Pierce Ave for 2 miles to 190th St. then go West on 190th St for 3/4 mile to Tract 1. Tract 2 is located directly adjoining to the South of Tract 1. OR from the intersection of HWY 60 and 190th St. on the North side of the Sibley, IA airport go East on 190th St. for 1 1/4 mile to Tract 1. Tract 2 is adjoining Tract 1 directly to the South. Tract 1 is located in the Southeast corner of the intersection of 190th St & Oriole Ave. Auction to be held At the site of the farmland. Watch zomercompany.com for inclement weather.

Sale Date: November 9, 2023 @10:30 A.M.

Auctioneer’s Note: The Zomer Company is honored to have been selected to offer for sale at auction these two fantastic tracts of land in Osceola County, IA! This auction presents to you the chance to purchase one or two tracts of land which are located in a great area where land is not often available for sale at auction! Watch zomercompany.com in case of inclement weather! Thanks, Zomer Company

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Legal Description of Tract 1: Parcel D in the Fractional NW1/4 of Section 30, TWP 99N, Range 41W, Osceola County, IA—Subject to all public roads and easements of record.

General description of Tract 1: According to the recent survey, this property contains 46.59+/- gross acres. According to FSA/survey, this farm contains approx. 35.97+/- tillable acres, approx. 4.60+/- acres of CRP with an annual payment of $1,516.00 with a contract expiring 9-30-2024 (CRP payment/acres are estimated and FSA will provide the final numbers after farm has been split in the FSA office). This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 175bu on corn and a PLC yield of 45bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 735-Havelock, 91-Primghar, 32-Spicer, 77B2-Sac. The average CSR2 is 81.3 and the average CSR1 is 64.9. It is not often that you get the opportunity to purchase a smaller tract of land in Osceola County, IA! Take this opportunity to purchase a great farm! Land is not always readily available in this area!

Legal Description of Tract 2: Parcel E in the Fractional NW1/4 of Section 30, TWP 99N, Range 41W, Osceola County, IA—Subject to all public roads and easements of record.

General description of Tract 2: According to the recent survey, this property contains 101.13+/- gross acres. According to FSA, this farm contains approx. 95.54+/- tillable acres, approx. 2.39+/- acres of CRP with an annual payment of $840.00 with a contract expiring 9-30-2025 and an additional 0.50+/- acres of CRP with an annual payment of $164.00 with a contract expiring 9-30-2024 (CRP payment/acres are estimated and FSA will provide the final numbers after farm has been split in the FSA office). This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 163bu on corn and a PLC yield of 45bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 735-Havelock, 309-Allendorf, 108B-Wadena, 311-Galva, 396-Letri, 311B-Galva, 91B-Primghar. The average CSR2 is 72 and the average CSR1 is 55.5. This tract has a permanent ingress/egress access easement to use the existing driveway off of Oriole Ave for ingress/egress access. Contact an agent for details on the access easement. This an excellent tract of Osceola County, IA farmland which offers predominantly long rows and is very conducive to farm! Make plans today to purchase this quality tract of land in East Holman TWP, Osceola County, IA!

CLICK HERE TO VIEW A VIDEO OF TRACTS 1 & 2

Method of sale: Tracts 1 & 2 will be sold in the choice method. The top successful bidder of the round of choice will be permitted to select the tract of their choice. The first top successful bidder will be permitted to select 1 tract only and whichever tract is then remaining between Tracts 1 & 2 will then be sold. Tracts will not be combined in any way. Auction to be held at the site of the farmland.

Taxes: The current Real Estate Taxes according to the Osceola County Treasurer are approx. $3,412.00 per year combined on Tracts 1 & 2. Seller will pay the 2023 taxes which are due and payable in March and Sept of 2024. Taxes will be reassessed due to the recent survey.

Possession: Possession will be on March 1, 2024. This land is available to farm for the 2024 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 13, 2023 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. Any announcements made day of the auction will supersede any advertisements. All buyers are encouraged to do buyers due diligence. If buyer delays closing penalties will apply. Buyer’s will be required to assume the current CRP contract and will be responsible for any midterm maintenance needed if any. 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 De Koter—Attorney for Seller.