Live Public Farmland Auction
90.3 Acres Of Logan TWP, Lyon County, IA Farmland
To Be Sold In Two Separate Tracts
Tract 1: 50 Acres——Tract 2: 40.3 Acres
Located SW of Lester, IA and SE of Larchwood, IA & NE of Inwood, IA
Tuesday—February 5, 2019—10:30 A.M.
TRACT 1 SOLD FOR: $13,900 PER ACRE
TRACT 2 SOLD FOR: $10,500 PER ACRE
Auctioneers Note: We are honored to have been selected to offer this Lyon County, IA Farmland for sale at public auction!! This farmland is in a great location and opportunities to purchase smaller tracts of farmland rarely present themselves!! Make plans today to purchase one these tracts of great Lyon County, IA farmland!!
Directions: From Lester, IA go 2 miles West on HWY 9 to Dipper Ave then go 1 ¼ mile South on Dipper Ave to Tract 2 and then continue for 1/4 mile farther South to Tract 1 OR from Larchwood, IA go 1 mile South on HWY 182 to HWY 9 then go 3 miles East on HWY 9 to Dipper Ave. then go 1 ¼ mile South on Dipper Ave to Tract 2 then continue 1/4 mile farther South on Dipper Ave to Tract 1. Both Tracts are located on the West side of Dipper Ave. Auction will be held at the site of the land. AUCTION SIGNS WILL BE POSTED!!! For inclement weather watch www.zomerauctions.com.
Abbreviated Legal Description of Tract 1: Parcel D in the NE1/4 of Section 10, TWP 99N, Range 47, West of the 5th P.M., Lyon County, IA.
General description of Tract 1: According to the survey, this property contains approx. 50 gross acres. According to Lyon County FSA, this farm contains approx. 49.36 +/- tillable acres with the balance in road/ditch. This farm has a corn base only of 39.3 with a PLC yield of 145bu. This farm is classified as HEL. This farmland is in the Arc County Farm Program. The predominant soil types include: 410B, B2, C2-Moody, 910B-Trent. The average CSR2 is 66.9 and the average CSR1 is 60.5. This farm appears to have a good state of productivity and is well managed. This tract of farmland is and inside tract and is nearly 99% tillable. This farm had 11.4 tons per acre of cattle manure applied in the fall of 2018 by the previous tenant. Buyer of this tract agrees to reimburse the previous tenant $4,491.66 at closing. Quality farmland in this area is hard to find!!—Make plans today to attend this auction!!!
Abbreviated Legal Description of Tract 2: Lot 1 & Lot 3 in Parcel B in the NE1/4 of Section 10, TWP 99N, Range 47, West of the 5th P.M., Lyon County, IA.
General description of Tract 2: According to the survey, this property contains approx. 40.3 gross acres. According to Lyon County FSA, this farm contains approx. 38.78 +/- tillable acres with the balance in road/ditch. This farm has a corn base of 23.49 with a PLC yield of 131bu. on corn and a soybean base of 7.41 with a PLC yield of 47bu.. This farm is classified as HEL. This farmland is in the Arc County Farm Program. The predominant soil types include: 410B, C2, D2-Moody, 910B-Trent, 430-Ackmore. The average CSR2 is 64.9 and the average CSR1 is 55.8. This farm appears to have a good state of productivity and is well managed. Smaller tracts of farmland are rarely offered for sale!! Quality farmland in this area is hard to find!! Buyer of this tract will be required to install a field access driveway.
Method Of Sale: Tracts will be sold with the final bid price x gross surveyed acres. Tract 1 will be sold then Tract 2 will be sold. Tracts will not be combined. Auction will be held at the site of the farmland.
Taxes: The current Real Estate taxes according to the Lyon County Treasurer are approx. $1,112.00 per year on Tract 1 and approx. $889.52 per year on Tract 2.
Possession: Possession of the farmland will be on March 1, 2019.
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 March 15, 2019 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. Paul Kippley–attorney for sellers.
The Larry A. Risseeuw Estate & Laurel Rokowski–Owner
Farmland Auctioneers /RE Agents:
Mark Zomer-712-470-2526–Darrell Vande Vegte-712-726-3428
Gary Van Den Berg-Sales-712-470-2068
Blake Zomer-712-460-2552–Joel Westra—605-310-6941