Inwood, IA 51240(Lyon County)

Auctioneers Note: We are honored to have been selected to sell this prime farmland! As the Van Kekerixs have purchased other farmland adjoining their operation and are doing a 1031 exchange they asked us to offer this prime farmland for sale at public auction. This highly productive farmland is in a great location and has a great state of productivity!! This land is very desirable and would make a great long term investment or be a great addition to your current farming operation. Make plans today to attend!!

Abbreviated Legal Description: The W1/2 of the NW1/4 of Section 2, Sioux TWP, 97N, Range 47, West of the 5th P.M., Sioux County, IA. Subject to all public roads and easements of record

General Description: According to the Sioux County assessor this tract contains 80+/- acres . According to FSA this farm contains approx. 78.66+/- tillable acres with the balance in road/ditch and pushup terraces. This farm has a corn base of 57.89 acres with a PLC yield of 125bu. and a soybean base of 19.31 with a PLC yield of 36bu. This farm is classified as NHEL. This farm is currently in the Arc county farm program. The predominant soil types include: 410B, B2, C2-Moody, 8B-Judson, 467-Radford, 11B-Radford-Judson, 401C2-Crofton . The average CSR1 is 61.8 and the average CSR2 is 74.4. This farm appears to have a good state of productivity and is well managed. This farm has had cattle manure applied annually and has a good state of productivity. In 2012 this farm also had approx. 1,725 feet of drainage tile installed in the NW corner. This farm has great production history with an average 5yr APH yield of 209.4. This farm also had 158 tons($8,075.00) of lime applied in the fall of 2017. This farm will also include cattle manure for the new buyer for the 2019 crop year. This is a great opportunity to purchase a high quality farm with excellent soil ratings. Make Plans Today To Attend This Auction!!

Method of sale: Farmland will be sold with the bid price x 80+/- gross county acres. Auction to be held at the site of the farmland.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $1,984.00 per year. Seller will pay the 2018 taxes which are due and payable in March and Sept of 2019.

Possession: Possession will be immediately following the auction.

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 March 21, 2019 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. Buyers agree to accommodate the sellers with a 1031 exchange with no additional expense to the buyers. 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 statues. 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. Maureen McGillAttorney for sellers.

Van Kekerix Family -Owners