Upcoming Live Public Auction Of 149± Acres Of

High Quality Sheridan TWP, Sioux County, IA Farmland

Upcoming Live Public Auction Of 149± Acres Of

High Quality Sheridan TWP, Sioux County, IA Farmland

This Farmland Is Leased For 2022 & Buyer Will Receive The Full Rent For 2022 & A Rent Subsidy!

  Tract 1 —54+/- Acres Of Farmland—-CSR2-92.4

Tract 2 — 95+/- Acres Of Farmland—-CSR2-93.3

This Farmland Is Located Northeast of Boyden, IA!

Location: From Pit Row in Boyden, IA at the intersection of HWY 18(320th St.) and Kennedy Ave go North on Kennedy Ave for 3 miles to 290th St. and then go East on 290th St. for 1/2 mile to Tract 1 & Tract 2. Both tracts are located on the North side of 290th St. Auction Signs will be posted. Auction will be held at the site of the land! Watch zomerauctions.com for inclement weather.

Sale Date: June 2, 2022 @10:30 A.M.

Auctioneers Note: We are honored that the Hollander family has asked us to represent them in this offering of excellent Sheridan TWP, Sioux County, IA farmland! This a great opportunity to purchase land which has been in the Hollander family for many years! If you are looking to add one or both of these tracts to your operation or investment portfolio then be sure to attend this auction! Watch zomercompany.com in case of inclement weather!

CLICK HERE TO WATCH VIDEO OF TRACT 1

Legal Description of Tract 1: The fractional East 1/2 of the W1/2 of the Southeast 1/4 And the fractional portion of the W1/2 of the Southwest 1/4 of the Northeast 1/4 all located East of Parcel A, located in Section 12, TWP 97N, Range 44W, Sioux County, IA Excepting Parcel A & Parcel B. Subject to all public easements and roadways of record. Exact legal description to be determined by certified survey.

General description of Tract 1: According to the Sioux County assessor, this property contains 54+/- gross acres and according to FSA contains approximately 46.6 tillable acres, approx. 6.96 acres of CRP which has an annual payment of approx. $1,600.00 with a contract ending on 9/30/2030, with the remainder in road/ditch. Seller will retain the full 10-1-2022 CRP payment and buyer shall receive all future payments. This is an inside tract of farmland! This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 192bu. On corn and a PLC yield of 37Bu. On soybeans. This farm is classified as NHEL.  The predominant soil types include: 310-Galva, 91-Primghar, 133-Colo, 810B-Galva, P733-Calco, 259-Biscay. The average CSR1 is 71.7 and the average CSR2 is 92.4. This farm appears to have a good state of productivity and is well managed. This farm is an inside tract of farmland! This farm is leased for the 2022 crop year and the buyer shall receive the full rent for 2022 and a rent subsidy. Make plans today to attend this auction!!!

CLICK HERE TO WATCH VIDEO OF TRACT 2

Legal Description of Tract 2: The East 1/2 of the Southwest 1/4 of Section 12, TWP 97N, Range 44W, Sioux County, IA Excepting Parcel A therein AND The fractional W 1/2 of the W1/2 of the Southeast 1/4 And the fractional portion of the East 1/2 of the Southwest 1/4 of the Northeast 1/4 all located West of Parcel A, located in Section 12, TWP 97N, Range 44W, Sioux County, IA  Excepting Parcel A & Parcel B. Subject to all public easements and roadways of record. Exact legal description to be determined by certified survey.

General description of Tract 2: According to the Sioux County assessor, this property contains 95+/- gross acres and according to FSA contains approximately 88.26 tillable acres, approx. 3.78 acres of CRP which has an annual payment of approx. $865.00 With a contract ending on 9/30/2030, with the remainder in road/ditch. Seller will retain the full 10-1-2022 CRP payment and buyer shall receive all future payments. This is an inside tract of farmland! This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 192bu. On corn and a PLC yield of 37Bu. On soybeans. This farm is classified as NHEL.  The predominant soil types include: 310, B, B2-Galva, 91, B-Primghar, 133-Colo, 259-Biscay, 92-Marcus. The average CSR1 is 71.5 and the average CSR2 is 93.3. This farm appears to have a good state of productivity and is well managed. This farm is an inside tract of farmland! This farm is leased for the 2022 crop year and the buyer shall receive the full rent for 2022 and a rent subsidy. Make plans today to attend this auction!!!

Method of sale: Auction will be held at the site of the land. Farmland will be sold with the final bid price x the final gross surveyed acres.  Tracts will be offered in the choice method with the first successful bidder being allowed to select the tract of their choice. The first successful bidder will be permitted to select 1 tract only and then the remaining tract will be sold.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer for Tract 1 are approx. $1,564.00 per year and approx. $2,788.00 per year on Tract 2. Seller will pay the 2021 taxes which are due and payable in March and Sept of 2022.

Possession: Landlord possession will be on closing day. Full possession will be on March 1, 2023. Buyers are responsible to terminate existing farm lease per Iowa Statutes.

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 July 20, 2022 when the buyer shall receive a clear and merchantable title to the property. These farms are 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 and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. All buyers are encouraged to do buyers due diligence. Buyers are required to assume the current CRP contract and will be responsible for any midterm maintenance as needed. 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. – De Koster & De Koster PLLC —Attorney’s for Seller.

John R. Hollander Family- Owners

Auctioneers:

Zomer Company — 1414 Main St., Rock Valley, IA 51247 — 712-476-9443

Mark Zomer – 712-470-2526 — Blake Zomer – 712-460-2552 

Gary Van Den Berg – 712-470-2068 — Darrell Vande Vegte – 712-476-9443

   Joel Westra – 605-310-6941 — Ivan Huenink-712-470-2003 — Gerad Gradert-712-539-8794

Zomer Auctions welcomes you to our current and future auctions.
Please carefully read the terms listed below. Thank You!

Zomer Auctions, its Employees and representatives (hereinafter “Company”) act merely as agents for Seller(s). All final bids are subject to the Seller's confirmation. The top bidder will be contacted as to the status of his/her bid. While the information we provide on item(s) is deemed correct, no warranties are expressed or implied and you agree to purchase and accept the property in an as-is condition. Information on the property is obtained by us from the Seller(s) and other sources and you hereby agree to hold harmless Company for any errors or omissions regarding the property being sold. This information includes but is not limited to physical condition, features, inadvertent errors in cataloging, authenticity or imperfections not specifically noted and other data pertinent to the value of the item. Buyers are responsible for conducting their own inspection during Open Houses/Inspection periods or by appointment. Printed or verbal statements made by Company are matters of opinion and are made in good faith. Any announcements posted the day of the auction or announced at the live auction take precedence over all prior advertisements.
 
You acknowledge that you have the right and responsibility to inspect the property personally, or to have a third-party representative inspect the property for you. That by bidding on the property you have agreed to accept that property in its present condition with the description provided whether accurate or not.

Auction Close: Upon the completion of an auction and notification from the auction company to the buyer of the acceptance of the buyers bid by the seller. The buyer does hereby agree to immediately enter into a purchase agreement with the terms stated and shall immediately provide the earnest money deposit due.

These terms and conditions and any dispute arising out of or related to an auction shall be governed by and construed and enforced in accordance with the laws of the State of Iowa. Any legal action must be brought in Sioux County, Iowa, or another jurisdiction of Company’s choosing. Buyer agreed to abide by the laws of the State of Iowa.

When using our online auction services you are making firm commitments to purchase said property and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason.  Fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. Buyers also acknowledge that the Internet may be an unreliable and error prone network. Company does not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion or that current bid shown is accurate. Buyers agree to hold Company harmless for any interruptions of online bidding. Further, Company has the sole discretion to accept or refuse any bid. Company retains the right, at Company’s sole discretion, to add, delete or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice. Please review auction terms often.

Bidder/Buyer responsibilities include but are not limited to the following:

All Buyers must provide their name, email address, daytime phone number and physical address at which they can be contacted for timely and accurate communication between Company and Buyer throughout any transaction or auction. Failure to maintain accurate and current contact information on Buyers account may lead to suspension of their account access until current contact information is provided to Company. All Buyers must provide valid credit card information, wire information or proof of funds if requested.

Buyers shall obey any and all local, state and federal laws and any and all violations of the same will result in termination of bidding and website use privileges with Company.

The final bidding will close and remain closed and no adjustments shall be made after closing.

Bidders acknowledge that online only auctions have an auto extend feature that means the auction will not close until all bidding parties are represented and satisfied. A bidder can place a max bid on one or more lots. The current bid price does not automatically go to the max bid unless the bidder selects to raise the bid to that price immediately by selecting the raise bid option. When another bidder increases the current bid then the computer will automatically increase the bid in the increment specified reaching your max bid only by ongoing bidding activity.

Company reserves the right to reject any and all bids for any reason. Company shall not be held responsible for any missed bids. All auctions are subject to the sellers confirmation.

Bidder shall be held liable for all bids placed from the bidders account.

Bidder acknowledges that some tracts may be sold in total dollars and some may be sold per acre. The tracts sold per acre shall be the purchase price times the gross acres of the property sold. Bidder acknowledges that the online platform may not always show the tenths of an acre sold however bidder acknowledges that the purchase price will still be calculated using the total gross acres of the tract being sold including the tenths even if they are not displayed.