Lyon County, IA Land Auction
40 +/- Acres Rock Township
Friday November 16th, 2018 10:30 AM
SOLD FOR $13,400 PER ACRE
Location: From Premier Bank in Rock Rapids, IA go 6 miles South on US Hwy 75 to 210th St. and then go 1 1/2 miles East on 210th St. to the site of the farmland. Farmland is located on the North side of 210th St. Auction will be held at the site of the farmland.
Auctioneers Note: We are honored to offer this farmland for the Carl D. & Charlotte A. Van de Waa Charitable Remainder UniTrust—-Northwestern College as Trustee. As this farm has been donated to Northwestern College and Children’s Hospital of Sioux Falls, SD all the proceeds will benefit these two entities. This highly productive farmland has been in this family for decades. This land is very desirable and would make a great long term investment or be a great addition to your current farming operation. Tracts of farmland this size rarely come for sale!! Make plans today to attend!!. Auction will be held at the site of the farmland!
Do Not Miss This Opportunity as Tracts Of Farmland this Size Rarely Come For Sale
Located South of Rock Rapids, IA & West of George, IA.
Abbreviated Legal Description- The E1/2 of the E1/2 of the SW1/4 of Section 34-99N-45W, Located in Lyon County, IA. Subject to all public roads and easements of record.
General Description: According to the Lyon County Assessor this tract of farmland contains 40+/-acres. According to FSA, this farm contains approx. 39.71+/- tillable acres with the balance in road/ditch. This farm has a corn base of 24.85 acres with a PLC yield of 149bu on corn and a soybean base of 14.85 acres with a PLC yield of 41 bu on soybeans. This farm is classified as non-HEL. This farm is in enrolled in the Arc County program. The predominant soil types include: 310B2, 310C2, 310B-Galva, 92-Marcus and 878B2, 878C2-Ocheyden. The average CSR1 is 55.3 and the average CSR2 is 86.4. Buyer will be required to install a new field driveway access at buyers expense. This farm appears to have a good state of productivity and is well managed and has an excellent long term tenant. This farm’s topography is gently rolling and is an excellent producer. Make plans today to attend this auction!!!
Method of sale: Farmland will be sold on gross county acres. Bid Price x 40 acres. Auction will be held at the site of the farmland.
Taxes: Currently no Real Estate Taxes are being assessed due to this property being owned by a charitable entity. The future estimated Real Estate Taxes according to the Lyon County Treasurer will be approx. $1250.00 per year. Seller will pay the 2018 taxes which are due and payable in March and Sept of 2019.
Possession: Possession will be March 1, 2019 due to current farm 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 December 21, 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 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. Brad De Jong-attorney for sellers.
Carl D. & Charlotte A. Van de Waa Charitable Remainder UniTrust—-Northwestern College as Trustee.
Darrell Vande Vegte-712-726-3428
Gary Van Den Berg-712-470-2068
Joel Westra Jr.—605-957-5222