LYON COUNTY, IA LAND AUCTION
241.04 +/- Acres, Garfield Township
Monday Nov 6, 2017 10:30 AM
TRACT 1 SOLD FOR $11,100 PER ACRE
TRACT 2 SOLD FOR $10,200 PER ACRE
Auction Location: from Premier Bank in Rock Rapids, IA go 8 miles S. on Hwy. 75 or from S. edge of Doon, IA go 3 miles E. on Blacktop A52 to Hwy 75 then go 3 miles N. to 230th St.
Auctioneers Note: We are honored to offer this farmland for the Lawrence Family. This land has been in this family since 1887 (130 years) and therefore offers a once in a lifetime opportunity! If you are looking for some high quality Lyon County Farmland —make plans today to attend!
Click here for aerial video of tract 1
Click here for aerial video of tract 2
Legal Description of Tract 1: Parcel F located in the NE ¼ of Section 17-98N-45W, of the 5th P.M., Lyon County, IA, Subject to public roads/highways and any/all easements of record.
General description of Tract 1: According to the Lyon County Assessor, this property contains 117.56 gross surveyed acres. According to Lyon County FSA, this farm contains approx. 115 tillable acres and with the balance in road/ditch and waterway. These farms will have a reconstitution done by FSA because of surveys. This farm is an excellent tract of farmland and has road on 2 sides. This farm has a corn base of 56.96 acres with a PLC yield of 185 bu and a soybean base of 57.44 acres with a PLC yield of 55 bu. This farm is in the ARC County Farm Program. This farm is classified as hel. The predominant soil types include: 410C2, 410B2, 410B-Moody, 91B-Primghar, 430-Ackmore, 91-Primghar and 92-Marcus. The average CSR2 is 69.3 and the average CSR1 is 58. This farm appears to have a good state of productivity and is well managed. This farm’s topography is gently rolling. Make plans today to attend this auction to purchase this Lyon County, IA Farm!!! Remember these farms have not been offered for sale for 130 years!!!
Legal Description of Tract 2: Parcel G located in the N 1/2 of Section 17-98N, Range 45W of the 5th P.M. Lyon County, IA, –. Subject to public roads and any/all easements and access easements of record.
General description of Tract 2: According to the Lyon County Assessor this property contains 123.48 gross acres. According to Lyon County FSA, this farm contains approx. 108 tillable acres and with the balance in road/ditch and waterways. These farms will have a reconstitution done by FSA because of surveys. This farm is an excellent tract of farmland and has road on 2 sides. This farm has a corn base of 45.6 acres with a PLC yield of 185 bu and a soybean base of 45.1 acres with a PLC yield of 55 bu. This farm is in the ARC County Farm Program. This farm is classified as hel. The predominant soil types include: 410B2, 410C2, 410D2-Moody, 430-Ackmore, 92-Marcus, 91B-Primghar and 401C2-Crofton. The average CSR2 is 67.1 and the average CSR1 is 56.9. This farm appears to have a good state of productivity and is well managed. This farm’s topography is gently rolling. Make plans today to attend this auction to purchase this Lyon County, IA Farm!!!
Method of sale: Tract 1 of 117.56 acres will be sold then Tract 2 of 123.48 acres will be sold. Tracts will not be combined.
Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are $3,184.00 per year for Tract 1 and $2,934.00 per year for Tract 2. Seller will pay the 2017 taxes which are due and payable in March and Sept. of 2018.
Possession: Possession of the farmland will be March 1, 2018.
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 January 3, 2018 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. 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.
Mike Austin –attorney for sellers
Galen & Joyce Lawrence Trust-Owners
Darrell Vande Vegte-712-726-3428
Gary Van Den Berg-Sales-712-470-2068
Joel Westra - 605-310-6941
Joel Westra Jr. - 605-957-5222