November 18, 2021 10:30 am

Sioux County, IA, Farmland Auction 231.34 Acres. Sold for $14,500 per acre!

Logan Township

Owners: Thomas & Lois Burton & Dennis D. and Paula I Jamtgaard Trust

This Is An Opportunity Of A Lifetime To Purchase 1 Large Parcel Of Good Quality Farmland Located With Great Access Along HWY 10!

 

Location: From The Hawarden, IA golf course go East on HWY 10 for 1/4 mile. The Land Adjoins the golf course to the East and is on the South side of HWY 10! Auction signs will be posted. Watch zomerauctions.com for inclement weather!  Auction will be held at the site of the farmland!

 

Auctioneers Note: Our company is honored to have been selected by Thomas & Lois Burton & the Dennis D. & Paula I. Jamtgaard Trust to offer this farmland for sale at live public auction! Make plans today to attend this auction! This farmland offers great opportunity to start your land portfolio or add to your current operation!! The property presents a great investment potential! Call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site of the farmland!! Watch zomerauctions.com in case of inclement weather!

 

Legal Description: A Part of the Fractional Section 1, Twp 94N, Range 48W, Sioux County, IA now known as Parcel D EXCEPTING Parcel A & C- Subject to all public roads, gas line and easements of record.

General description: According to the survey, this property contains 231.34 gross acres. According to FSA this farm contains approx. 218.84 tillable acres, approx. 2.8 acres of CRP with an annual payment of $712.00 with a expiration date of 9-30-2022 with the balance in road and ditch. The full CRP payment payable in 2022 will be paid to the buyer. 2021 CRP payment will be retained by the seller. This farm has a corn base of 156.1 acres with a PLC yield of 166bu. and has a soybean base of 51.8 acres and a PLC yield of 46bu. This farm is classified as HEL. The predominant soil types include: 310B2, 310C2, 310B-Galva, 8B-Judson, 1C3-Ida, 428B-Ely, 474B, 801B2, 801C2-Bolan, 11B-Radford, 878C2-Ocheyedan &  5040-Udorthents. The average CSR1 is 57.1 and the average CSR2 is 81.6. This farm appears to have a good state of productivity and is well managed. This farmland would make a great addition to your current farming operation or would make a great investment opportunity!! This farm presents a great opportunity as it is hard to find very large parcels like this sold as large parcel!!! Make plans today to attend this auction! Thanks, On Behalf Of the Zomer Company

 

Method of sale: The farm will be sold with the final bid price x 231.34 gross surveyed acres. Auction will be held at the site of the Land.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $7,038.00 per year. Seller will pay the 2021 taxes which are due and payable in March and Sept of 2022.

Possession will be on March 1, 2022.

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 23, 2021 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. Buyer will agree to assume the current CRP contract and abide by all terms of said CRP contract. 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 and pictures 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 statutes. 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.

Mark Zomer – 712-470-2526
Blake Zomer – 712-460-2552
Gary Van Den Berg – 712-470-2068
Darrell Vande Vegte – 712-470-1125
Ryan Zomer – 712-441-3970
Joel Westra—605-310-6941
Ivan Huenink-712-470-2003
Gerad Gradert-712-539-8794

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