Upcoming Live Public Auction Of 151.37 Acres 

Of Doon TWP, Lyon County, IA Farmland

To Be Sold In One Tract

This farm is located approx. 2 miles North of Doon, IA!

This tract of land offers an excellent opportunity to add a nice property to your operation or investment portfolio!

Location: From the North edge of Doon, IA go 2 1/4 miles North on Garfield Ave. to the property. Property is located on the East side of Garfield Ave. Auction will be held at the site of the farmland!

Sale Date: September 23, 2022 @10:30 A.M.

Auctioneer’s Note: Our company is honored to have been selected by the Elbert family to offer for sale at auction this tract of farmland! This land is located North of Doon, IA! This farmland offers a great opportunity to start your land portfolio or add to your current operation! Call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site of the farmland! Watch zomercompany.com in case of inclement weather!

zomercompany.com

Legal Description: Parcel E in the SW1/4 of Section 12, TWP 98N, Range 46W, Lyon County, IA. Sold subject to public roads and easements of record.

General description: According to the survey, this property contains 151.37 gross acres. According to FSA, this farm contains approx. 144.93 tillable acres. This farm is classified as HEL. The predominant soil types include: 410B, B2, C2—Moody, 430-Ackmore, 401C2, D2-Crofton, 37-Alcester, 31-Afton, 910, B-Trent, 27B-Terril, 92-Marcus, 311-Galva, 541D-Estherville-Salida and 899-Davis. The average CSR2 is 67.5 and the average CSR1 is 56.1. This is a high quality farm which is nearly 95% tillable! The current tenant has had an excellent yield history on this farm! This farm has a corn base of 141 acres with a PLC yield of 122bu and a soybean base of 0.30 acres with a PLC yield of 41bu.  There also is a large amount of drainage tile line installed in this farm! 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!  Make plans today to attend this auction!

Method of sale: Farm will be sold with the final bid price x the gross surveyed acres. Auction will be held at the site of the farmland.

Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are approx. $3,496.00 per year. Seller will pay the 2022 taxes which are due and payable in March and Sept of 2023.

Possession: Possession will be on March 1, 2023. This land is available to farm for the 2023 crop year.

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/installment contract with the remaining balance due and payable as follows: additional 35% of the purchase price will be due and payable on December 30, 2022 and the remaining 50% of the purchase price will be due and payable on January 3, 2023 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 statutes. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. All buyers are encouraged to do buyers due diligence. 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/Ben Vander Kooi are the attorney’s for the seller.

Fred L. Elbert Revocable Trust – Owner

Auctioneers:

Zomer Company

Mark Zomer – 712-470-2526 — Blake Zomer – 712-460-2552—Gary Van Den Berg – 712-470-2068

Darrell Vande Vegte – 712-470-1125—Bryce Zomer-712-451-9444—Ryan Zomer – 712-441-3970

Joel Westra—605-310-6941

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.