Auction of 80 Acres of Garfield Twp, Lyon County, IA. Farmland
Located along Hwy 75 near Lakewood Corner
Thursday, April 6, 2017 @10:30 A.M.
SOLD FOR $7600 PER ACRE
Location: From Premier Bank in Rock Rapids, IA go 6 ½ miles South on Hwy 75–Land is located on East side of road or from the South end of Doon, IA go 3 miles East on Blktop A52 to Hwy 75 then go 4 miles North on Hwy 75 Land is located on East side of Hwy 75.
Auctioneers Note: We are honored to offer this farmland for Huyser Farms as they are acquiring other property and doing a 1031 exchange. If you are looking for an inside 80 acre tract of farmland that is nearly 98% tillable, Here It is!!— Make plans today to attend! Add this farm to your current operation or investment portfolio!
Abbreviated Legal Description – The South 80 acres of the fractional NW ¼ of Section 4, Twp 98N, Range 45W of the 5th P.M. Lyon County, IA. –Subject to public roads and any/all easements of record. (Land will be surveyed and will be sold based on 80 surveyed gross acres.)
General description: According to the survey to be completed, this property will contain 80 gross acres. This farm will have approximately 78.5 tillable acres with the balance in road/ditch. This farm has a corn base combined with the adjoining tract of land with a PLC yield of 144 bu on corn with a PLC yield of 36 bu on soybeans. This farm is in the ARC County Farm Program. This farm is classified as non-hel currently but new determination will have to be done after farm is split from adjoining farm. This tract does not contain wetlands. The predominant soil types include: 174B-174C2, 174D2-Bolan, 808B-Dempster, 28B-28C2, 28D2-Dickman, 26-Alcester, 430-Ackmore, 899-Davis, 878B, 878C2-Ocheyedan and 27B-Terril, The average CSR2 is 53.4 and the average CSR1 is 46.6. This farm appears to have a good state of productivity and is well managed. This farm is nearly 98% tillable. This farm’s topography is gently rolling. This farm will need a new field driveway access installed, seller has been granted approval and will share 50% of the cost of new field driveway installation. Make plans today to attend this auction!!!
Method of sale; Farm will be sold based on 80 surveyed acres. Bid x Surveyed Acres.
Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are $1779.00 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 day of auction.
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 May 9, 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.
Darrell Vande Vegte-712-726-3428
Gary Van Den Berg-Sales-712-470-2068
Joel Westra Jr. -605-957-5222