Shafer Farmland Auction

EXCELLENT SIOUX CO & O'BRIEN CO, IA FARMLAND @ LIVE & ONLINE AUCTIONThursday, July 14, 2022 @ Tract 1:10:30 AM / Tract 2 & 3: 12PMNEAR GRANVILLE, IATract 1: 79.65 surveyed acres in SE 1/4 Section 11-94-43, East Orange Twp, Sioux County, IATract 2: 80.36 Surveyed Acres in N 1/2 NW 1/4Tract 3: 76.86 Surveyed Acres S 1/2 NW 1/4Section 29-95-42, East Orange Twp, O'Brien County, IANancy Shafer EstateLarry Postma; Attorney ~ Postma Law AND Thor Klinker; Attorney ~ Smith, Grigg, Shea & Klinker PCLocation: Tract 1: From Granville, IA go 1 mile south on blacktop L-22 and 1/4 mile west on 470th St.Tract 2 & 3: From Granville, IA go 1 1/2 miles east on Hwy 10 and 3 miles north on Monroe Ave. Auction signs will be posted. AUCTIONS TO BE HELD AT EACH FARM SITETract 1 General Description: Selling will be 79.65 surveyed acres of East Orange Twp, Sioux Co farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Primghar, Galva, and Marcus series. The farm has an estimated average CSR 1 of 72 and a CSR 2 of 97. According to the FSA office the farm has approx. 77.60 cropland/ tillable acres with the remainder as road and ditch. Brief Legal Description: A tract in the SE 1/4 of Section 11-94-43, East Orange Twp, Sioux Co, IA. Referred to as Parcels C & D. Property contains 79.65 surveyed acres. Corn Base/Corn Yield Tract 1:The corn PLC yield is 170 bushels and the soybean PLC yield is 53 bushels. The corn base is 39.30 acres and soybean base is 38.30 acres.Tract 2 General Description: Selling will be 80.36 surveyed acres of Baker Twp, O'Brien Co farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Primghar, Marcus, Galva and Afton series. The farm has an estimated average CSR 1 of 77.5 and a CSR 2 of 97.4. According to the survey the farm as approx. 76.88 cropland/tillable acres with the remainder as roads and ditch. Brief Legal Description: The N 1/2 of the NW 1/4 Section 29-95-42, Baker Twp, O'Brien County, IA. Property contains 80.36 surveyed acres. Tract 3 General Description: Selling will be 76.86 surveyed acres of Baker Twp, O'Brien Co farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Primghar, Marcus, and Galva series. The farm has an estimated average CSR 1 of 76.8 and a CSR 2 of 97.6. According to the survey the farm as approx. 75.94 cropland/tillable acres with the remainder as roads and ditch. Brief Legal Description: The S 1/2 of the NW 1/4 excluding a tract consisting of the acreage in Section 29-95-42, Baker Twp, O'Brien County, IA. Property contains 76.86 surveyed acres. Corn Base/Corn Yield Combined for Tracts 2 & 3: The corn PLC yield is 184 bushels and the soybean PLC yield is 54 bushels. The corn base is 94.80 acres and soybean base is 56.20 acres. Farm Real Estate Taxes: Sellers will pay all real estate taxes which would become delinquent if not paid by April 1, 2023, as well as all prior taxes. The estimated net annual real estate taxes on tracts 1 are $2472, on tract 2 are $2322 and on tract 3 are $2110. The exact taxes will be determined by the treasurer for each tract. Method of Sale: Tract 1 will be offered at 10:30 AM from its site and will be sold as one tract bid price per acre times 79.65 acres. Tracts 2 & 3 will be offered at 12 PM from its site and will be sold as choice of tracts 2 or 3 with the highest bidder having the option to take 1 tract, or both tracts. Then the auction will be concluded or we will sell the remaining tract. Please note the times for each tract. 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 survey. Lease Payment: ***Second half of the rent for 2022 crop year paid to the buyer at the time of closing will be in the amount of Tract 1: $13,000 / Tract 2: $10,565 / Tract 3: $10,435. Possession/Closing: September 14, 2022 (Subject to current lease which will expire March 1, 2023)Company Note: We are pleased to be offering this great O'Brien & Sioux County land on behalf of the Nancy Shafer Estate. These tracts will be offered via live and online simultaneous bidding offered as tract 1 selling from the farm site at 10:30 AM then tracts 2 & 3 will be offered as choice of tracts selling from their farm site at 12PM. 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 712-441-6898