Auction of 172.06 Acres of Holland Twp, Sioux County, IA.
To be sold in 2 separate Tracts
Tract # 1 75.97 Acres—Tract # 2 96.09 Acres
Located East of Orange City, IA.
Wednesday March 8, 2017 @10:30 A.M.
TRACT 1 SOLD FOR $13,750 PER ACRE
TRACT 2 SOLD FOR $13,800 PER ACRE
Location: From Pizza Ranch located on the East edge of Orange City, IA on Highway 10 go approx. 1 ¼ miles East to Jefferson Ave. then go approx. 1 mile North to Tract 1. Tract 2 is located ¼ mile West on 440th St.
These are adjoining Farms.–Auction signs will be posted! Auction will be held at site of Tract 1
Auctioneers Note: We are honored to offer this farmland for the Alvin and Della J. Jelgerhuis Revocable Trust’s. These farms are excellent Sioux County Farms!! Tract 1 has a CSR1 of 65.1 and Tract 2 has a CSR1 of 64.5. This land has been in this family for decades and therefore offers a once in a lifetime opportunity! This land is located just East of Orange City, IA. And is very desirable land and would make a great investment or opportunity to add to your current farming operation or investment portfolio. Make plans today to attend!
Legal Description of Tract 1- Parcel B located in the NE ¼ of Section 34-Twp95N, Range 44W of the 5th P.M. Sioux County, IA. Recorded in book E17 PG: 51–Subject to public roads and any/all easements, encroachments and leases of record.
General description of Tract 1: According to the recent survey, this property contains 75.97 gross acres. According to Sioux County FSA, this farm contains approx 70 tillable acres. (67.42 FSA tillable acres and approx 2.5 tillable acres in lease area) with the balance in road/ditch and cell tower lease area. This farm has a corn base of 33.71 acres and a PLC yield of 160 bu. and soybean base of 33.71 acres with a PLC yield of 46 bu. This farm is in the ARC County Farm Program. This farm is classified as non-highly erodible. This tract does not contain wetlands. The predominant soil types include: 310B, 310B2, 310C2-Galva, 91B-Primghar, 78C2-Sac, 467-Radford. The average CSR2 is 90.3 and the average CSR1 is 65.1. This farm appears to have a good state of productivity and is well managed. This farm is nearly all tillable. This farm’s topography is nearly level to gently rolling and is an excellent producer. This is an exceptional tract of Sioux County IA Farmland—this farm has had an excellent long term tenant and has excellent fertility with hog manure applied on a rotation basis. This property also has a great income generating cell phone tower lease which will transfer to new buyer. This lease pays $403.38 per month. The current lease option is valid until March 31 2021, and US Cellular has the option to renew this lease for additional 5 years. Contact agents for more details. Both of these farms had Lime applied in the fall of 2015 and have excellent fertility!!!
Legal Description of Tract 2: Parcel A in the E1/2 of Section 34-Twp95N, Range 44W of the 5th P.M. Sioux County, IA. Recorded in book E17 PG: 51, Subject to public roads and any/all easements of record.
General description of Tract 2: According to the recent survey, this property contains 96.09 gross acres. According to Sioux County FSA, this farm contains approx. 94.77 tillable acres with the balance in road/ditch and terraces. This is a inside tract with road only on one side. This farm has a corn base of 47.39 acres and a PLC yield of 160 bu on corn and soybean base of 47.38 acres with a PLC yield of 46 bu. This farm is in the ARC County Farm Program. This farm is classified as non-hel. This tract does not contain wetlands. The predominant soil types include: 310B, 310B2, 310C2-Galva, 91B-Primghar, 78C2-Sac, 467-Radford. The average CSR2 is 90 and the average CSR1 is 64.5. This farm appears to have a good state of productivity and is well managed. This farm’s topography is nearly level to gently rolling and is an excellent producing farm. This farm has had an excellent long term tenant and has excellent fertility with manure applied on a rotation basis. This farm had 4000 gallons per acre of hog manure applied in the fall of `2016 on 43.8 acres. The buyer will be required to reimburse tenant $11,560.35 for manure that was applied to be paid at closing—Contact auctioneers for details or manure analysis. Make plans today to attend this auction and purchase this outstanding Sioux County IA, farm!!!!
Method of sale: Tract 1 will be sold separate. Then Tract 2 will be sold. Tracts will not be combined. Bid x Surveyed Acres.
Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $1700.00 per year on Tract 1. Tract 2 Real Estate taxes are approx. $2286.00per year. Seller will pay the 2016 taxes which are due and payable in March and Sept of 2017.
Possession: These farms are available to the buyer for the 2017 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 April 17, 2017 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. Brad De Jong–attorney for sellers.
Alvin and Della J. Jelgerhuis Revocable Trust’s–owners
Darrell Vande Vegte-712-726-3428
Gary Van Den Berg-Sales-712-470-2068
Joel Westra Jr.—605-957-5222