Inwood, IA 51240(Lyon County)

Auctioneers Note: We are honored that the Halma fami-ly has selected our company to offer these great tracts for sale at live public auction!! These tracts offer a great opportunity to purchase farmland or pastureland or both! Call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site of Tract 1!!

Legal Description of Tract 1: Parcel C in the Northeast Quarter (NE 1/4) of Section 26, Township 98 North, Range 48 West of the 5th P.M., Lyon County, Iowa, subject to public highways. Subject to all public easements and roadways of record.

General description of Tract 1: According to the survey, this property contains 76.18 gross acres and according to FSA contains approximately 73.20 tillable acres with the remainder in road/ditch. This farm has a corn base combined with the adjoining farmland with a PLC yield of 123bu. and has a soybean base combined with the adjoining farmland with a PLC yield of 35 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: 410B, B2, C2, D2-Moody, 910B-Trent, 401D2-Crofton, 133-Colo, 430-Ackmore. The average CSR1 is 63.8 and the average CSR2 is 67.4. 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!!!

Legal Description of Tract 2: Parcel E in the Northeast Quarter (NE1/4) of Section 26, Township 98 North, Range 48 West of the 5th P.M., Lyon County, Iowa, subject to public highways. Subject to all public easements and roadways of record.

General description of Tract 2: According to the survey, this property contains 27.95 gross acres and according to FSA contains approximately 27.61 tillable acres with the remainder in road/ditch. This farm is nearly 100% tillable!! This farm has a corn base combined with the adjoining farmland with a PLC yield of 123bu. and has a soybean base combined with the adjoining farmland with a PLC yield of 35 bu. FSA will do a reconstitution on base acres once the property is sold. This farm is classified as HEL. The predominant soil types include: 410B2, C2-Moody, 401D2-Crofton, 31-Afton, 910B-Trent, 33F-Steinauer, 133-Colo. The average CSR1 is 48.6 and the average CSR2 is 61.7. This farm appears to have a good state of productivity and is well managed. Smaller tracts of this size are not often offered for sale at auction! This farmland would make a great addition to your current farming operation or would make a great investment oppor-tunity!! Make plans today to attend this auction!!!

Legal Description of Tract 3: Parcel D in the Northeast Quarter (NE1/4) of Section 26, Township 98 North, Range 48 West of the 5th P.M., Lyon County, Iowa, subject to public highways. Subject to all public easements and roadways of record.

General description of Tract 3: According to the survey, this property contains 55.10 gross acres. This pastureland adjoins the road on the North side and on the East side. This pasture has a grass waterway which runs through the center of the property for the length of the property which provides a source of water for the pastureland. This pastureland is also currently fenced. Pastureland tracts of this size are not often available so be sure to make plans today to attend this auction!!

Method of sale: Auction will be held at the site of Tract 1. Farmland will be sold with the final bid price x gross surveyed acres. Tracts will be offered in the choice method. The first successful winning bidder will have the choice of Tract 1 or Tract 2. The first successful bidder will only be allowed to select 1 tract. After the first successful bidder selects the tract of their choice then the remaining Tract will be sold. After Tracts 1 & 2 are sold then Tract 3 will be sold. Tracts will not be combined in any way.

Taxes: The current Real Estate Taxes according to the Lyon County Treasurer for Tract 1 are approx. $1,752.00 per year, approx. $642.00 per year on Tract 2 and approx. $572.00 per year on Tract 3. 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 purchase agreement with the remaining balance due and payable on closing day on or before February 17, 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 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 bounda-ry 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. Paul Kippley Attorney for Seller.