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Groot Farmland Auction

  Status: Closed
 
This auction has closed

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Type:

Live auction with webcast bidding

By:

Vander Werff & Associates, Inc.

  Web
At:

Auction to be held at the Crossroads Pavilion, Sheldon, Iowa, 51201. USA. tel: 712-729-3264

Date:
27th Oct, 2022
View: Iowa Auctions
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155.09 SURVEYED ACRES IN SIOUX CO, IA @ LIVE & ONLINE AUCTIONThursday, October 27, 2022 @ 10:30 AMNEAR SHELDON, IA Tract 1: 79.87 surveyed acres in S1/2 NW 1/4 in Section 33-97-43, Grant Twp, Sioux County, IATract 2: 75.22 acres in E 1/2 SE 1/4, excluding the acreage site in Section 32-97-43, Grant Twp, Sioux County, IA***Auction to held at the Crossroads Pavilion in Sheldon, IA / 301 34th Ave, Sheldon, IA***Marion Groot EstateLarry Postma; Attorney ~ Postma Law AND Thor Klinker; Attorney ~ Smith, Grigg, Shea & Klinker PC Tract 1 General Description: Selling will be 79.87 surveyed acres of Grant Twp, Sioux Co farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Galva, Primghar, Colo and Sac series. The farm has an estimated average CSR 1 of 70.7 and a CSR 2 of 94.9. According to the FSA office the farm has approx. 77.51 cropland/ tillable acres with the remainder as grass waterway, road and ditch. Brief Legal Description: 79.87 surveyed acres in S 1/2 NW 1/4, Section 33-97-43, Grant Twp, Sioux County, IA.Corn Base/Corn Yield: The corn PLC yield is 165 bushels and the soybean PLC yield is 54 bushels. The corn base is 39.10 acres and the soybean base is 38.40 acres. Tract 2 General Description: Selling will be 75.22 surveyed acres of Grant Twp, Sioux Co farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Galva, Colo, Primghar, and Marcus series. The farm has an estimated average CSR 1 of 71.5 and a CSR 2 of 94.1. According to the FSA office the farm has approx. 69.08 cropland/ tillable acres with the remainder as grass waterway, road and ditch. Brief Legal Description: 75.22 surveyed acres in E 1/2 SE 1/4 excluding the acreage site, Section 32-97-43, Grant Twp, Sioux County, IA. Referred to as Parcel A. Corn Base/Corn Yield: The corn PLC yield is 165 bushels and the soybean PLC yield is 54 bushels. The corn base is 34.90 acres and the soybean base is 34.10 acres. Farm Real Estate Taxes: Sellers will pay all real estate taxes which would become delinquent if not paid by October 1, 2023, as well as all prior taxes. The estimated net annual real estate taxes on tract 1 are $2202 and on tract 2 are $2212. Method of Sale: Tract 1 will be sold first bid price per acre times 79.87 acres. Then tract 2 will be sold bid price per acre times 75.22 acres. These tracts will not be combined. Terms: 10% down upon conclusion of the auction. A late charge will apply for buyers delaying the closing. The abstracts will be continued to date. The buyers will have 10 days from receipt of abstract to have the abstract examined. The sellers guarantee a clear and marketable title on the property. The owners reserve the right to reject any and all bids. Online bidders must agree to these terms and conditions as well as online conditions prior to registering and must be verified 24 hours prior to start of auction. Exact legal descriptions will be according to the surveys. Possession/Closing: December 7, 2022 (Subject to current lease which will expire March 1, 2023)Auctioneers Note: Check out these excellent Sioux County farms located between Sheldon and Boyden, Iowa. We are pleased to offer these tracts on behalf of Marion Groot Estate. These tracts will be offered via live and online simultaneous bidding offered as tracts 1 and 2. Check out our website at www.vw72.com for additional information. We thank you for your interest. If you have any questions please give us a call. Rich, Todd, Levi, and ShannonNote: These farms are being sold "as is." While every effort has been made to ensure the accuracy of the information herein provided, no warranty is given and no responsibility is assumed by the auction company, the auctioneers, the seller or their agents concerning condition of the property, the corn bases, corn yields or other supplied information. Property is being sold subject to any easements, including road, drainage, utility or other easements of record. All prospective purchasers are encouraged to inspect and verify information provided herein. Vander Werff & Associates Inc., represent the sellers for this transaction. Any announcements made the day of the auction will supersede this advertisement. View our website for more info or to register to bidwww.vw72.comVander Werff & AssociatesSanborn, IA 51248712-729-3264Rich Vander Werff 712-261-0298Todd Hattermann 712-348-0111Levi Mouw 712-441-6898Shannon Rydberg 850-712-7041