Rock Rapids, IA 51246(Lyon County)

Auctioneers Note: Our company is honored to have been selected by the Evelyn J. Olson Estate to offer this farm-land for sale at live public auction! Make plans today to attend this auction! This farmland is in a great location and offers a great opportunity to add acres to your portfolio!! Call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site of the farmland!!

Legal Description of Tract #1: Parcel D in the NE1/4 of Section 31, Township 100N, Range 45W of the 5th P.M., Lyon County, Iowa, as shown by Plat of Survey recorded in Book 21 at Page 38 in the Office of the Recorder of Lyon County, Iowa. Subject to all public easements and roadways of record.

General description of Tract 1: According to the survey, this property contains 86.45 gross acres. According to recent Survey, this farm contains approx. 85.38 tillable acres with the remainder in road/ditch. This farm is a inside tract of farmland and is 98.7% tillable! This farm has a corn base combined with the adjoining farmland with a PLC yield of 164 bu. and has a soybean base combined with the adjoining farmland with a PLC yield of 51 bu. FSA will do a reconstitution on base acres once the property is sold. This farm is classified as NHEL. The predominant soil types include: 411B, 411B2-Egan, 910, 910B-Trent, 410B-Moody, 31-Afton. The average CSR1 is 63.9 and the average CSR2 is 72.6. 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!!!

Abbreviated Legal Description of Tract 2: Parcel E in the NE1/4 of Section 31, Township 100N, Range 45W of the 5th P.M. Lyon County, Iowa, as shown by Plat of Survey recorded in Book 21 at Page 38 in the Office of the Recorder of Lyon County, Iowa. Subject to all public easements and roadways of record.

General Description of Tract 2: According to the survey, this property contains 59.66 gross acres. According to recent Survey, this farm contains approx. 59.25 tillable acres with the remainder in road/ditch. This farm is 99.3% tillable!!! This farm has road on 2 sides. This farm has a corn base combined with the adjoining farmland with a PLC yield of 164 bu. and has a soybean base combined with the adjoining farmland with a PLC yield of 51 bu. FSA will do a reconstitution on base acres once the property is sold. This farm is classified as NHEL. The predominant soil types include: 411B2, 411C2-Egan, 910, 910B-Trent. The average CSR1 is 59.8 and the average CSR2 is 70.9. 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: Auction will be held at the site of the Land. Tract 1 will be offered and remain sold. Tract 2 will be offered and remain sold. Tracts will not be combined.

Taxes: The current Real Estate Taxes for Tract 1 according to the Lyon County Treasurer are approx. $2,330.02 per year. The current Real Estate Taxes for Tract 2 according to the Lyon County Treasurer are approx. $1,611.98 per year. Seller will pay the 2020 taxes which are due and payable in March and Sept of 2021.

Possession: Full Possession will be on March 1, 2021.

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 pur-chase agreement with the remaining balance due and payable on closing day on or before January 22, 2021 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 en-croachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to in-spect 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. 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. M.R. AustinAttorney for Seller.