Sold

THANKS TO THE LARGE CROWD IN ATTENDANCE AND ALL THE BIDDERS!!! FARM SOLD FOR $23,400.00 PER ACRE! DAVE AND DONNA ALSO WANT TO THANK THE LOCAL FARMER WHO PURCHASED THE LAND AND EVERYONE FOR ATTENDING THEIR AUCTION!!!!!

November 1, 2024 @10:30 A.M. --Live Public Auction Of Approx. 75+/- Contiguous Acres To Be Sold In Two Separate Tracts -- Tract 1: Approx. 40+/- Acres -- Tract 2: Approx. 35+/- Acres-- This Farmland Is Located In Welcome TWP, Sioux County, IA & Is Located Southwest Of Hull, IA & North Of Sioux Center, IA!

Visit the catalog(s) to Bid Online:

View Catalog 1

Auction Date: November 1, 2024 - 10:30 am

Sioux County

Upcoming High Quality Farmland Auction Of 2 Separate Contiguous Tracts

Of Farmland In Welcome TWP In Sioux County, IA

These Two High Quality Tracts Are Contiguous And Are

Located Southwest Of Hull, IA & North Of Sioux Center, IA!

These Farms Are Have Outstanding Soil Ratings And An Excellent Yield History!

Tract 1: 40+/- Acres—CSR2-97.5 — Tract 2: 35+/- Acres—CSR2-97.5

Location: From the North Edge of Sioux Center, IA go North on US HWY 75 for 4 miles to 340th St., then go 3/4 Mile East on 340th St. to Tract 2. Tract 1 is directly North of Tract 2 and is accessed from Harrison Ave. OR from Casey’s In Hull, IA go South on Hickory Ave for 2 miles to 340th St. then go 1 1/4 mile West on 340th St. to Tract 2. Tract 1 is located directly North of Tract 1 and is accessed from Harrison Ave. Auction of the tracts to be held at the site of the farmland. Watch zomercompany.com for inclement weather!

Sale Date: November 1, 2024 @10:30 A.M.

zomercompany.com

Auctioneer’s Note: The Zomer Company is extremely honored to have been selected by David & Donna to offer for sale at auction these two outstanding tracts of Sioux County, IA farmland as David & Donna have purchased land closer to their home operation and are selling this property to complete a 1031 exchange! These farms have some of the highest soil ratings in Sioux County, IA and have an excellent proven yield history! Make plans today to attend the auction and purchase one or both of these farms!

Abbreviated Legal Description of Tract 1: The NE1/4 of the SE1/4 of Section 4, TWP 96N, Range 45W, Sioux County, IA. TO BE SURVEYED. Subject to all easements and public roads of record.

General Description of Tract 1: This farm is estimated to be approx. 40+/- gross acres and a survey will be completed prior to the auction to determine the exact gross acres. According to FSA, this farm contains approx. 39+/- tillable acres with the balance in road/ditch. This is an inside tract of farmland which is completely tillable with the exception of the road and ditch! This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 188bu on corn and a PLC yield of 56bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 91-Primghar, 92-Marcus, 310B-Galva. The average CSR1 is 74.2. The average CSR2 is 97.5. This farm also has some drainage tile line installed in it also! This farm has had an excellent yield history with a yield history of 250bu per acre on corn in 2023, 62bu per acre on soybeans in 2022, 272bu per acre on corn in 2021 and 62bu per acre on soybeans in 2020! This is an outstanding opportunity to purchase a high quality inside tract of farmland in Sioux County, IA with excellent soil ratings and a proven yield history! These farms currently have a manure easement on the farms which can be terminated. Contact an agent for details. These farms offer an extremely rare opportunity to purchase a smaller tract of farmland or if purchased in conjunction with Tract 2 offers a great opportunity to purchase one contiguous 75+/- acre tract!

Abbreviated Legal Description of Tract 2: The SE1/4 of the SE1/4 of Section 4, TWP 96N, Range 45W, Sioux County, IA EXCEPTING Parcel A located therein. TO BE SURVEYED. Subject to all easements and public roads of record.

General Description of Tract 2: This farm is estimated to be approx. 35+/- gross acres and a survey will be completed prior to the auction to determine the exact gross acres. According to FSA, this farm contains approx. 33.5+/- tillable acres with the balance in road/ditch. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 188bu on corn and a PLC yield of 56bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 91-Primghar, 92-Marcus, 310B-Galva. The average CSR1 is 73.9. The average CSR2 is 97.5. This farm also has some drainage tile line installed in it also! This farm has had an excellent yield history with a yield history of 250bu per acre on corn in 2023, 62bu per acre on soybeans in 2022, 272bu per acre on corn in 2021 and 62bu per acre on soybeans in 2020! This is an outstanding opportunity to purchase a high quality inside tract of farmland in Sioux County, IA with excellent soil ratings and a proven yield history! These farms currently have a manure easement on the farms which can be terminated. Contact an agent for details. These farms offer an extremely rare opportunity to purchase a smaller tract of farmland or if purchased in conjunction with Tract 1 offers a great opportunity to purchase one contiguous 75+/- acre tract!

Method of sale: Auction of the tracts to be held at the site of the farmland. Tracts will be sold in the choice method. Top bidder of the round of choice will have the option to select the tract of their choice or both of the tracts. If the top bidder selects 1 tract then whichever tract is remaining will be sold. If the top bidder of the round of choice selects both of the tracts then the auction will be over. Tracts will not be combined in any way other than the option to purchase both tracts during the round of choice. These farms will be surveyed prior to the auction and the final gross acres will be adjusted based on the survey. Farm will be sold per gross acre.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $1,242.00 per year on Tract 1 and approx. $1,078.00 per year on Tract 2. Seller will pay the 2024 taxes which are due and payable in March and Sept of 2025.

Possession: Possession of the farms will be on closing day! These farms are available to farm for the 2025 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 December 13, 2024. 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 statutes. Buyer agrees to accommodate the sellers 1031 exchange. 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. De Koster & De Koster, PLLC—Attorney for sellers.