Auction of 120.76 Acres of Prime High Quality Farmland
Capel Twp, Sioux County, IA
CSR 2=96.5 CSR1=71.9
March 23, 2017 @10:30 A.M.
SOLD FOR $15,000 PER ACRE
Location: From Pit Row Gas Station in Boyden Iowa go 1 mile East on Highway 18 to Kingbird Ave/Blacktop L14, then go 6 ½ miles South or from Newkirk Iowa go approx 1 ½ miles North on Kingbird Ave/Blacktop L14. Land is located on West side of Kingbird Ave.
–Auction signs will be posted! Auction will be held at site of land
Auctioneers Note: Our firm is honored to offer this excellent very High Caliber Sioux County farmland for Mark and Kathy De Kock. This is some extreme High Quality farmland in Sioux County and this farm has a CSR1 of 71.9 and CSR2 of 96.5. This land has been in this family for generations and therefore offers a once in a lifetime opportunity! This land 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! Thanks, Mark and Darrell!!
Abbreviated Legal Description – Parcel A located in the SE ¼ of Section 36-Twp 96N, Range 44W of the 5th P.M., Capel Twp, Sioux County, IA. –Subject to public roads and any/all easements of record.
General description: According to the recent survey, this property contains 120.76 gross acres. According to Sioux County FSA, this farm contains approximately 117 tillable acres with the balance in road/ditch and waterway. (Note: FSA will do a recon with the new buyer after purchase). This farm has a corn base and soybean base combined with adjoining farm with a PLC yield of 186 bu. on corn and PLC yield of 55 bu. on soybeans. This farm is in the ARC County Farm Program. This farm has road on two sides. This farm is classified as non-highly erodible. The predominant soil types include: 310, 310B2, 310B-Galva, 91-Primghar, 92-Marcus, 31-Afton, 133-Colo and 733-Calco. The average CSR2 is 96.4 and the average CSR1 is 71.9. This farm appears to have a good state of productivity and is well managed. This farm is nearly all tillable and has some drainage tile. This farm’s topography is nearly level to gently rolling and is an excellent producer. This farm has had a long term tenant and has great fertility. This farm had 4000 gallons per acre of hog manure applied in 2016 and dairy manure applied in 2016 on approx 70.75 acres west of the waterway. Buyer will be required to reimburse the tenant at closing $10,118.66 for manure and application. This farm is ready to produce and has had fall tillage in 2016 consisting of deep till on East portion of farm and disking on entire farm which will be included in the purchase of the land. Wow what an opportunity to purchase land in this locale as parcels in this area do not come for sale often!!!!
Method of sale: This farm will be sold as a 120.76 tract of farmland based on survey.
Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are estimated to be approximately $3069.00 per year. Seller will pay the 2016 taxes which are due and payable in March and Sept of 2017.
Possession: This farm is 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 immediately after the auction,with the remaining balance due and payable on closing day on or before May 4, 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 statutes. 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. –Dan Pluim attorney for sellers.
Mark & Kathy De Kock—owners
Darrell Vande Vegte-712-726-3428
Gary Van Den Berg-sales-712-470-2068