Sold

THANKS TO THE VERY LARGE CROWD IN ATTENDANCE! FARM #1 SOLD FOR 23,600 PER ACRE AND FARM #2 SOLD FOR 18,600 PER ACRE!!

December 18, 2023 @10:30 A.M. ---Live Public Auction Of 84+/- Acres Of Farmland Located In Sheridan TWP, Sioux County, IA To Be Sold In Two Separate Tracts! Tract 1: 49+/- Acres -- Tract 2: 35+/- Acres---Located West Of Boyden, IA & East Of Hull, IA!

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Auction Date: December 18, 2023 - 10:30 am

Sioux County

Upcoming High Quality Farmland Auction Of 84+/- Acres Of Farmland Located In Sheridan TWP, Sioux County, IA!

Located West Of Boyden, IA & East Of Hull, IA!

These Farms Are Located In A Great Area!

This Tract Of Land Will Be Sold In Two Separate Tracts!

Tract 1: 49+/- Acres — Tract 2: 35+/- Acres

Location: From the “Brew” gas station in Boyden, IA on HWY 18 go West on HWY 18 for 1 1/4 mile to Tract 1. Tract 1 is located on the South side of HWY 18. For Tract 2 Go West from the “Brew” gas station in Boyden, IA on HWY 18 for 1 mile to Jefferson Ave. then go 1/4 mile South on Jefferson Ave. Tract 2 is located on the West side of Jefferson Ave. Tracts 1 and 2 adjoin each other. Auction to be held a the site of Tract 1. Watch zomercompany.com for inclement weather!

Sale Date: December 18, 2023 @10:30 A.M.

zomercompany.com

Auctioneers’ Note: We are honored to represent the Post Family in offering at auction these two excellent tracts of high quality Sioux County, IA farmland! These farms are located in a fantastic area where farms are not always offered for sale! Land is an excellent long term investment! Call an auctioneer today to receive a full informational packet!

Abbreviated Legal Description of Tract 1: The fractional NE1/4 of the NE1/4 and the East portion of the NW1/4 of the NE1/4 and a fractional portion of the SW1/4 of the NE1/4 and a fractional portion of the SE1/4 of the NE1/4, all located in Section 34, TWP 97N, Range 44W, Sioux County, IA all lying East of the creek. To be surveyed.. Subject to all easements and public roads of record.

General Description of Tract 1: According to the Sioux County Assessor, this property contains 49+/- gross acres. According to FSA, this farm contains approx. 47.4+/- tillable acres of which approx. 4.90+/- acres is currently enrolled in CRP with an annual payment of $2,150.85 with a contract end date of 9-30-2025 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 185bu on corn and a PLC yield of 51bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 310B, B2-Galva, 91, B-Primghar, 733-Calco. The average CSR1 is 68.8. The average CSR2 is 90.1. This is a powerful offering of Sioux County, IA land! Land for generations has proven itself to be an excellent investment!

Abbreviated Legal Description of Tract 2: The fractional SE1/4 of the NE1/4 and the fractional NE1/4 of the NE1/4, all located in Section 34, TWP 97N, Range 44W, Sioux County, IA all lying West of the creek. To Be surveyed. Subject to all easements and public roads of record.

General Description of Tract 2: According to the Sioux County Assessor, this property contains 35+/- gross acres. According to FSA, this farm contains approx. 34.21+/- tillable acres of which approx. 6.61+/- acres is currently enrolled in CRP with an annual payment of $2,901.45 with a contract end date of 9-30-2025 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 185bu on corn and a PLC yield of 51bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 733-Calco, 310, B, B2-Galva, 91-Primghar, 31-Afton, 92-Marcus. The average CSR1 is 70.5. The average CSR2 is 89.2. This is a powerful offering of Sioux County, IA land! Land for generations has proven itself to be an excellent investment!

Click Here To View A Video Of Tracts 1 & 2

Method of sale: Auction will be held at the site of the farmland. Farmland will be sold with the final bid price x the final gross surveyed acres. Auction will be held at the site of the farmland. Tracts will be sold in the choice method and the top successful bidder of the round of choice will have the option to select one of the tracts or both of the tracts. If the top bidder selects only one tract then whichever tract is remaining will then be sold.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $2,440.00 per year combined on Tracts 1 & 2. Seller will pay the 2023 taxes which are due and payable in March and Sept of 2024.

Possession: Full 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 which will be on or before January 22, 2024. Buyer shall receive a clear and merchantable title to the property on closing day. This farm is 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. Buyer agrees to accommodate the sellers with a 1031 exchange. 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. Thadd Cosgrove—Attorney for sellers.