Sioux County IA, Land Auction
98.57 +/- Acres Lincoln Township
Thursday November 15th, 2018 10:30 AM
Located in Lincoln Twp, NW of Hull, IA.
of 98.57 Acres of High Caliber Farmland
to be sold in 2 separate tracts —
Tract 1: 57.10 Acres—-Tract 2: 41.47 Acres
November 15, 2018@10:30 A.M.
Location: From HWY 18 and 310th St. intersection go 3/4 mile East on 310th St. to Tract #1 and approx. 1 1/4 miles East to Tract #2 or from Casey’s in Hull, IA go 1 mile North to 310th St. and then go 1 ½ miles West on 310th St. to Tract #1 and approx. 3/4 mile West on 310th St. to Tract #2—Land is located on South side of 310th St. Auction signs will be posted! Auction will be held at the site of Tract #1.
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Auctioneers Note: We are honored to conduct this auction for the Hoekstra family. It is extremely rare to find these smaller parcels of high quality farmland in this area. Most of the time land like of this caliber is a once in a lifetime opportunity!!Make plans today to attend!! Auction will be held at the site of Tract #1.
Legal Description of Tract #1: Parcel A in the NE 1/4 of Section 28, Twp 97N, Range 45W of the 5th P.M. Sioux County, IA.-subject to public highway and any/all easements of record.
General Description of Tract #1: According to the recent survey, this outstanding tract of land contains 57.10 gross acres. According to Sioux County FSA, this farm contains 55.55 tillable acres with the balance in one side of road and small waterway. This is an attractive piece of land as it is an inside farm and is 97.2% tillable. This farm has outstanding soils and is classified as non-hel. The predominant soil types include: 310B, 310B2, 310C2-Galva, 428B-Eli, 91-Primghar and 11B-Radford. This farm has a CSR2 rating of 91.8 and a CSR1 of 67.4. This farm has a corn base of 36.53 acres and a plc yield of 188bu on corn. This farm has a soybean base of 19.01 acres with a plc yield of 55bu. The topography of this farm is level to gently rolling. This has been maintained very well and provides a great opportunity as an investment or to add to your current operation!!
Legal Description of Tract #2: Parcel L in the NW 1/4 of Section 27, Twp 97N, Range 45W of the 5th P.M. Sioux County, IA. subject to public highway and any/all easements of record.
General Description of Tract #2: According to the recent survey, this outstanding tract of land contains 41.47 gross acres. According to Sioux County FSA, this farm contains 38.6 tillable acres with the balance in road and ditch. This is an attractive piece of land and is located with great access with a blacktop on North end and East side. This farm has outstanding soils and is classified as non-hel. The predominant soil types include: 310B, 310B2, -Galva, 91B-Primghar, 31-Afton and 11B-Radford. This farm has a CSR2 rating of 89.4 and a CSR1 of 67.3. This farm has a corn base of 23.7 acres and a plc yield of 193bu on corn. This farm has a soybean base of 14.9 acres with a plc yield of 54bu. The topography of this farm is level to gently rolling. This has been maintained very well and provides a great opportunity as an investment or to add to your current operation!!
Taxes: The current Real Estate Taxes according to the Sioux County Treasurer currently are estimated to be approx. $1625.00 per year on Tract #1 and $1121.00 on Tract #2 per year. Seller will pay the 2018 taxes which are due and payable in Spring and Fall installments of 2019.
Possession: Possession will be when current crop is harvested and after completion of auction . Farms are available for the 2019 crop year.
Terms for Tracts 1 & 2: 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 20, 2018 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 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 statues. 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.
Henry Hoekstra Revocable Trust & Hildred Hoekstra Revocable Trust–Owners
Darrell Vande Vegte-712-726-3428
Gary Vanden Berg-712-470-2068