Upcoming High Quality Farmland Auction Of 197+/- Acres

Of Farmland In Floyd TWP, Woodbury County, IA!!

Sold In Two Separate Tracts!!

This Land Is Located East Of Bronson, IA &

Southwest Of Moville, IA & Southeast Of Lawton, IA!

Tract 1: 117+/- Acres With 2 Machine Sheds & Grain Bins — Tract 2: 80+/- Acres

Auction Date: March 22, 2024 @10:30 A.M.

zomercompany.com

Auctioneer’s Note: We take great pride in presenting at auction, on behalf of the esteemed Fredinburg family, a remarkable offering of prime farmland located in Woodbury County, IA! This is an outstanding opportunity to purchase quality Woodbury County, IA farmland! Making the decision to purchase land is not always an easy decision however it is the right decision and also a decision that you will not regret! Owning land has long term proven itself to be an outstanding investment! Make plans today to attend this auction and purchase one or both of these outstanding farms!

Farms Location: From the Northeast corner of Bronson, IA at the intersection of Eastland Ave and 200th St. go East on 200th St for 1 mile to the curves and then North for another 1/4 mile and then continue East on 200th St for another 1 mile to the farms or from Lawton, IA go South on Emmett Ave for 1 mile to 170th St then go approx. 1/4 mile East on 170th St to Emmett Ave then go South on Emmett Ave for 3 miles to the farms. Tract 1 is located on the North side of 200th St. and the West side of Emmett Ave and Tract 2 is located on the North side of 200th St and the East side of Emmett Ave. Auction signs will be posted.

Auction Location: The Auction of the tracts will be held at the Moville, IA community Center (815 Main St., Moville, IA).

Abbreviated Legal Description of Tract 1: All land located in the SW1/4 of Section 23, Township 88N, Range 46W, Woodbury County, IA owned by Judy E. Fredinburg Revocable Trust. Subject to all drainage assessments, easements and public roads of record. Copy of full legal description is available by contacting auctioneer

General Description of Tract 1: According to the Woodbury County Assessor, this property contains 117+/- gross taxable acres. According to FSA, this farm contains approx. 110.30+/- tillable acres (FSA is including the access path in these tillable acres). This farm has a corn base and soybean base combined with the adjoining farmland. FSA will do a reconstitution on the base acres and plc yields for these farms. This farm is classified as NHEL on approx. 41.22+/- acres and HEL on approx. 69.08+/- acres. The predominant soil types include: 1E3-Ida, 670-Rawles, 12C-Napier, 1D3-Ida, 1C3-Ida and 12B-Napier. The average CSR1 is 50.7. The average CSR2 is 56.9. This property also includes a approx. 36ft x 90ft machine shed, an approx. 39ft x 51ft Quonset building and 2 approx. 7,000 bushel grain bins. The machine sheds will be available to the buyer on closing day. The grain bins are currently leased until August 1, 2024. These machine sheds have good access off of 200th St. There is also elec service to the property. Buyer will be responsible to transfer the elec service to the buyers name on closing day. Seize the opportunity to shape your family’s future by making this exceptional land acquisition. If you decide to purchase this tract of land it is not just a purchase, it is a strategic investment in the legacy of your family! When was the last time you can honestly say you had an opportunity to purchase a property of this nature!

Abbreviated Legal Description of Tract 2: The S1/2 of the SE1/4 in Section 23, Township 88N, Range 46W, Woodbury County, IA owned by Judy E. Fredinburg Revocable Trust. Subject to all drainage assessments, easements and public roads of record. Copy of full legal description is available by contacting auctioneer

General Description of Tract 2: According to the Woodbury County Assessor, this property contains 80+/- gross taxable acres. According to FSA, this farm contains approx. 70.18+/- tillable acres. This farm has a corn base and soybean base combined with the adjoining farmland. FSA will do a reconstitution on the base acres and plc yields for these farms. This farm is classified as HEL. The predominant soil types include: 1E3-Ida, 670-Rawles, 1D3-Ida, 47B-Napier-Rawles, 12C-Napier and 1C3-Ida. The average CSR1 is 47.5. The average CSR2 is 48.1. This is an awesome opportunity to purchase a farm with outstanding potential! Land is not always readily available for sale in this area! Do not pass up the opportunity to purchase this tract of Floyd TWP, Woodbury County, IA farmland! Land for generations has proven itself to be an excellent investment! Choosing to purchase one or both of these farms is a decision that you will look back on and be glad that you made!

CLICK HERE TO VIEW A VIDEO OF THE FARMLAND

Method of sale: The auction of the two tracts will be held at the Moville, IA Community Center (815 Main St., Moville, IA 51039). Tract 1 will be sold first then Tract 2 will be sold. Tracts shall not be combined in any way. Tracts will be sold with the final bid price times the gross county taxable acres stated. These properties have NOT been surveyed and the acres stated are understood to be more or less and are not guaranteed.

Taxes: The current Real Estate Taxes according to the Woodbury County, IA Treasurer are approx. $3,530.00 per year on Tract 1, and approx. $1,870.00 per year on Tract 2. Seller will pay the 2023 taxes pro-rated through December 31, 2023 which are due and payable in March and Sept of 2024.

Possession: Full possession of the farmland will be on closing day on Tracts 1 and 2. Buyer of Tract 1 will receive full possession of the machine sheds and tillable farmland on tract 1 on closing day however the grain bins are leased until August 1, 2024 and buyer of tract 1 shall not receive possession of the grain bins until August 1, 2024. Buyer of tract 2 shall receive full possession on closing day.

CLICK HERE TO VIEW A INFORMATIONAL BOOKLET OF THE FARMLAND

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 which will be on or before April 19, 2024. Daniel Kriener with Kriener Farm Management shall act as the escrow and closing agent for this transaction. Buyer shall receive a clear and merchantable title to the property on closing day. 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. These properties have NOT been surveyed and the acres stated are understood to be more or less and are not guaranteed. All buyers are encouraged to do buyer’s due diligence. 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. Tigges, Bottaro & Lessmann, LLP —Attorney for sellers.

Judy E. Fredinburg Revocable Trust—Owner

Auction Company: Zomer Company—www.zomercompany.com—712-476-9443

Mark Zomer-712-470-2526—Darrell Vande Vegte-712-470-1125

Gary Van Den Berg-712-470-2068

Blake Zomer-712-460-2552—Joel Westra—605-310-6941

Ivan Huenink-712-470-2003—Bryce Zomer-712-451-9443