97.93 Acres of Prime Logan Twp, Lyon County, IA. Farmland
Wednesday January 18, 2017 @10:30 A.M.
SOLD FOR $12,400 PER ACRE
Location: From the South edge of Larchwood, IA on Hwy 182 go approx 1 mile South to
Hwy 9/150th St. and then go1 mile East to Cleveland Ave. then go 1 mile South on Cleveland Ave. To 160th St. then go ½ mile East on 160th –Land is located on North side of road. Or From LiL Chubs in Inwood, IA go 8 miles North on Hwy 182 to 160th St then go approx. 1 ½ miles East on 160th St. Land is located on North side of road
Auction signs will be posted! Auction will be held at site of land
Auctioneers Note: We are honored to offer this farmland for the Theresa M. Ripperda Revocable Trust Heirs. This is some of the best of Lyon County, IA. Farmland!! This farm has a CSR1 of 65.4 and has predominately ½ mile rows. This land has been in this family for decades and therefore offers a once in a lifetime opportunity! Make plans today to attend!
Legal Description: Parcel H in the SW ¼ of Section 4, Twp 99N, Range 47W of the 5th P.M. Lyon County, IA.– According to survey in Book 19, Page 15 in the office of the Lyon County Recorder- Subject to public roads and any/all easements of record.
General description: According to the Lyon County Assessor, this property contains 97.93 gross acres. According to Lyon County FSA, this farm contains approx. 94 tillable acres with the balance in road/ditch and small waterway. This farm is an excellent tract of farmland with predominately ½ mile rows and has road on 1 side. This farm has a corn and soybean base combined with the adjoining tract of land with a PLC yield of 186bu on corn with a PLC yield of 51 bu on soybeans. Note: FSA will do a reconstitution once farm is sold. 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: 410B, 410B2, 410C2-Moody, 910B-Trent, 430- Ackmore, 133-Colo and 92-Marcus. The average CSR2 is 68.8 and the average CSR1 is 65.4. This farm appears to have a good state of productivity and is well managed. This farm is nearly 97% tillable. This farm’s topography is nearly level to gently rolling and is an excellent producer. This is an exceptional piece of Lyon County IA Farmland—One of the Finest in the area!!—Make plans today to attend this auction!!!
Method of sale: This farm will be sold as one tract of 97.93+/-acres.
Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are $2271.00 per year. Seller will pay the 2016 taxes which are due and payable in March and Sept of 2017.
Possession: Possession of the farmland will be March 1, 2017 due to current lease. 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 7, 2017 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 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.
Theresa M. Ripperda Revocable Trust Heirs-owners
Darrell Vande Vegte-712-726-3428
Gary Van Den Berg-Sales-712-470-2068
Joel Westra Jr.—605-957-5222