Lake Park, IA 51347(Dickinson County)

Tract 2 & 3 Location: From C&B Operations on the South side of Lake Park, IA on HWY 9 go approx. 1 mile East on HWY 9 to 140th Ave. then go North on 140th Ave for 3/4 mile to Tract 2 (on the East side of 140th Ave) then continue another 1/4 mile North on 140th Ave. to 140th St. and turn and go East for 1/4 mile to Tract 1. Tract 1 adjoins 140th St and 140th Ave and Tract 2 adjoins 140th Ave.

Auction Location: CFE Parking Lot in Lake Park, IA (204 E. Railroad St., Lake Park, IA) Signs will be posted.

Sale Date: February 3, 2026 10:30 A.M.

Auctioneers Note: The Zomer Company is honored to represent the sellers in offering at auction these outstanding tracts of Dickinson County, IA farmland! These farms offers a tremendous opportunity to purchase outstanding tracts of land for farming, as an investment or even as a potential home building site with tremendous views! If you are in the market for Iowa farmland then do not hesitate to purchase one of these tracts of farmland!

Abbreviated Legal Description of Tract 1: A Tract of land located in the SE1/4 of the SE1/4 of Section 21, TWP 100N, Range 38W, Dickinson County, Iowa. (Contact agent for full copy of the legal description). Subject to all drainage and wind easements/assessments and other easements if any, and public roads of record.

General Description of Tract 1: According to the recent survey, this property contains 25.86+/- gross acres. According to FSA, this farm contains approx. 22.50+/- tillable acres and approx. 2.76+/- acres of grass/trees. This farm has a corn base of 10.69 acres and a PLC yield of 164bu and a soybean base of 10.60 acres and a PLC yield of 47bu. This farm is classified as NHEL. The predominant soil types include: 55-Nicollet, 138B-Clarion, 107-Webster. The average CSR2 is 88.7!! The average CSR1 is 72.7! This is a rare chance to own a smaller tract of farmland in Dickinson County, IA with endless opportunities! This farm is located just north of Lake Park, IA on a hard surface road and offers views of Silver Lake! If you are looking for a smaller tract of land to add to your operation or investment portfolio or if you are looking for a location to establish your new home site with tremendous views then be sure to strongly consider purchasing this tract of land! Land in this area of this quality is not often available! This is the perfect size tract of land for a young farmer looking to purchase their first farm or for an established operator to add to their operation! Buyer is responsible to verify with zoning that buyers intended use of the property will be permitted. Do not miss this auction!

Abbreviated Legal Description of Tract 2: Parcel B in the NW1/4 of Section 35, TWP 100N, Range 38W, Dickinson County, Iowa. (Contact agent for full copy of the legal description). Subject to all drainage and wind easements/assessments and other easements if any, and public roads of record

General Description of Tract 2: According to the recent survey, this property contains 112.97+/- gross acres. According to FSA, this farm contains approx. 105.16+/- tillable acres of which approx. 14+/- acres are currently enrolled in CRP with an annual payment on 3.70 acres of $1,110.00 with a contract ending 9-30-2032 and an annual payment on 10.30 acres of $1,844.00 with a contract ending on 9-30-2030. The payment paid on October 1, 2025 will be retained by the seller. The buyer shall receive the full October 1, 2026 CRP payment. This farm has a corn base and soybean base combined with Tract 3 with a PLC yield of 164bu on corn and a PLC yield of 47bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 55-Nicollet, 107-Webster, 135-Coland, 138B-Clarion, 835D2-Omsrud-Storden, 638C2-Clarion-Storden, 390-Waldorf, 346B-Augusta Lake-Estherville, 586B-Coland-Spillville, 6-Okoboji, 283B-Dickman-Clarion. The average CSR2 is 83.1!! The average CSR1 is 66.7! This farm has powerful soil ratings! There is a gas pipeline that runs through this property. This farm offers you the opportunity to purchase a tract of land that will help establish your familys legacy for years to come! Land is a tangible investment class that you can visually look at, walk on and is an investment from which you can receive a dividend from each year from either farming or as an investment! Do not hesitate to purchase this Dickinson County Iowa farm!

Abbreviated Legal Description of Tract 3: Parcel C in the NW1/4 of Section 35, TWP 100N, Range 38W, Dickinson County, Iowa. (Contact agent for full copy of the legal description). Subject to all drainage and wind easements/assessments and other easements if any, and public roads of record

General Description of Tract 3: According to the recent survey, this property contains 36.54+/- gross acres. According to FSA, this farm contains approx. 30.25+/- tillable acres of which approx. 2.60+/- acres are currently enrolled in CRP with an annual payment of $780.00 with a contract ending 9-30-2032. The payment paid on October 1, 2025 will be retained by the seller. The buyer shall receive the full October 1, 2026 CRP payment. This farm has a corn base and soybean base combined with Tract 2 with a PLC yield of 164bu on corn and a PLC yield of 47bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 507-Canisteo, 135-Coland, 638C2-Clarion-Storden, 55-Nicollet, 6-Okoboji, 346B-August Lake-Estherville, 107-Webster, 390-Waldorf, 138B-Clarion, 655-Crippin. The average CSR2 is 77.5!! The average CSR1 is 60.8! This farm according to county maps has some county drainage tile line installed! There is a gas pipeline that runs through this property. If you are a younger farmer looking to purchase your first farm then check out this tract of land or if you are a established farmer looking for a quality tract of land then be sure to consider purchasing this farm! This land is located a short distance from Highway 9 and Lake Park, IA!

Method of sale: Auction Location: CFE Parking Lot in Lake Park, IA (204 E. Railroad St., Lake Park, IA). Tract 1 will be sold first then choice will be offered of Tracts 2 & 3 and the top bidder in the round will have the option to select Tract 2 or Tract 3 or both of these two tracts. If the top bidder in choice only selects Tract 2 or Tract 3 then whichever tract is then remaining will then be sold if the top bidder in the round of choice selects both Tract 2 & 3 then the auction will be over. Once a tract is sold it will not be available to bid on again. Farms will be sold with the final bid price times the gross surveyed acres. Gross acres to be adjusted based on the final survey.

Taxes: The current Real Estate Taxes according to the Dickinson County Treasurer are approx. $704.00 per year on Tract 1, approx. $2,937.00 per year on Tract 2, approx. $950.00 per year on Tract 3. Seller will pay the 2025 taxes which are due and payable in March and Sept of 2026.

Possession: Buyer will receive possession of the farm on closing day. This farm is available to farm for the 2026 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 with the remaining balance due and payable on closing day which will be on or before March 16, 2026. Buyer shall receive a clear and merchantable title to the property on closing day. This property 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 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. 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. Buyers will be required to assume current CRP contracts and shall be solely responsible for any midterm maintenance due, if any. These farms are located within county drainage districts and some of the tracts have county drainage tile installed, buyer will be responsible for all future drainage assessments, if any. Buyer shall also comply with all drainage easements and any other environmental requirements. If buyer delays closing, penalties may apply. 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. Jacqui Grotewold, Murphy, Collins & McGillAttorney for sellers

Forbes Family Land, Jason Forbes & JoAnn (Forbes) KunkelOwners