September 22, 2011 - 102.25 Acres of Lyon County, IA Farmland - Sold for $10,850.00

Lyon County Farmland at Auction

Of 102.25 acres –Garfield Twp Farmland

Thursday–September 22, 2011

Sale time: 10:30 A.M.

Location: From corner of A52/K42 in Doon, IA. go 1 ¼ miles East to site of land—Land lies North of Acreage site—Auction signs will be posted!!

AUCTIONEERS NOTE: We are honored to conduct this auction for Rock Valley Block and Tile Inc. As Rock Valley Block and Tile has purchased land adjoining their property near Hudson SD, they will be offering this farm for Public Auction. This farm is located in Garfield Twp in Lyon County, IA.. This farm is truly a once in a lifetime opportunity. If you are looking for a piece of farmland to add to your operation or as an investment — Make plans today to attend!!

Legal Description: The Fractional W ½ of the W ½ of Section 30-98N-45W—except Parcel A and Lot 1, Lyon County, IA.-subject to public roads and easements of record.

General Description: Selling will be 102.25+/– acres of Farmland according to the Lyon County assessor. According to the Lyon County FSA, this farm contains 100.19 tillable acres. This farm has an average CSR rating of 57.3. This farm is classified as HEL. The predominant soil types are: 410C2, 410B2, 410B, 410D-Moody silty clay loam, 92-Marcus silty clay loam, 878C2-Ocheydan loam, 910, 910B-Trent silty clay loam, 26-Kennebec silty clay loam and 430-Ackmore silty clay loam. This farm has a corn base of 67.3 acres with a direct yield of 93 and cc yield of 152bu. This farm has a soybean base of 32.9 acres with a direct yield of 40 and cc yield of 48 bu.  This farm is not currently enrolled in the Acre program. As this is an excellent producing farm– Don’t miss the opportunity to invest in this prime farmland or to add to your current operation.

Method of Sale: This farm will be offered as one tract of 102.25+/– acres.

RE taxes: According to the Lyon County Treasurer, the current RE taxes are $1806.00 per year. Seller will pay the 2011 taxes due and payable in the Spring and Fall of 2012.

Possession: Possession will be when the current crop is harvested – due to the current farm lease. Tenant will have until Dec. 15, 2011 to remove corn stalks.

TERMS: Purchaser(s) will be required to pay a non-refundable 10% of the purchase price immediately following the auction and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day November 1, 2011 when the buyer shall receive a clear and merchantable title to the property. This 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 data provided. No warranties are expressed or implied. All FSA information is according to the Lyon County FSA. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. The land is sold subject to the confirmation of the sellers. If any additional information is requested, please contact the agents listed below. Auctioneers are agents for the sellers. McGill and McGill-attorneys for sellers.

Rock Valley Block and Tile Inc.—owner

Auctioneers:

Mark Zomer-712-470-2526      

 Darrell Vande Vegte-712-726-3428

Gary Van Den Berg-sales-712-476-5843            

 Joel Westra-605-310-6941