Rock Rapids, IA 51246(Lyon County)

Auctioneers Note: Our company is honored to have been selected by the Merlyn Inglett family to offer this farmland for sale at live public auction! Make plans today to attend this auction! This farmland offers great opportunity to start your land portfolio or add to your current operation!! The property presents a great investment potential! 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: Lot 1 in the S 1/2 of Section 30, Twp 100N, Range 45W of the 5th P.M. Lyon County, IA.- Subject to all public roads and easements of record.

General description: According to the survey, this property contains 79.74 gross acres. According to FSA this farm contains approx. 77 tillable acres with the balance in road and ditch and a grass waterway This farm has a corn base of 37.50 acres with a PLC yield of 182 bu. and has a soybean base of 33.02 acres with a PLC yield of 51bu. The predominant soil types include: 411B2, 411C2, 411B-Egan, 910B-Trent, 133-Colo and 733-Calco. The average CSR1 is 57.6 and the average CSR2 is 70.6. 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!!!

Method of sale: The farm will be sold with the final bid price x the gross surveyed acres. Auction will be held at the site of the Land.

Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are approx. $2,084.00 per year. Seller will pay the 2021 taxes which are due and payable in March and Sept of 2022.

Possession: Possession will be on March 1, 2022.

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 as follows: additional 35% of the purchase price will be due and payable on December 30, 2021 and the remaining 50% of the purchase price will be due and payable on January 3, 2022 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. Any lines on maps and pictures 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. All buyers are encouraged to do buyers due diligence. 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 KippleyAttorney for Seller.