Inwood, IA 51240(Lyon County)

Location: from Oak St. Station in Inwood, IA go North on HWY 182 approx. 1/2 mile to Jefferson St in Inwood then go West on Jefferson St and continue onto K12(Cherry Ave) then go North on K12(Cherry Ave) for 1 mile to 220th St. then go West on 220th St. for 1 mile to Buchanan Ave then go North on Buchanan Ave for 3/4 mile to Tract 1 then continue North for 1/4 mile to 210th St then go West on 210th St for 1/2 mile to Tract 2. Tract 3 is located directly South of Tract 2 and is accessed by a access easement along the West property line of Tract 2. Auction signs will be posted. Auction will be held at the site of the farmland!

Sale Date: November 29, 2021 10:30 A.M.

Auctioneers Note: Our company is honored to have been selected to offer these tracts of land at auction! This is a unique offering of property featuring a great opportunity to purchase cropland or pastureland! If you are farmer, investor or entrepreneur then be sure to take a look this great offering of property today! Call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site of property!!

Legal Description Tract 1: Parcel Q in the NE1/4 of Section Two (2), Township Ninety-Eight (98) North, Range Forty-Eight (48) West of the 5th P.M., Lyon County, Iowa. Subject to all public easements and roadways of record.

General description of Tract 1: According to survey, this property contains 79.51 gross acres of farmland. According to FSA, this property contains approx. 70.81 tillable acres with the remainder in road and ditch and grass side hill and waterways. This farm has a corn and soybean base combined with the adjoining tracts with a PLC yield of 162bu on corn and a PLC yield of 49bu on soybeans. This farmland is classified as NHEL. The predominant soil types of property include: 410B2, C2-Moody, 401D2-Crofton, 33D, E, G-Steinauer, 37B-Alcester, 27B-Terril, 430-Ackmore, 411D2-Egan, 486-Davis. The CSR2 rating is 52.4 and the CSR1 rating is 47.2 on the tillable farmland. This farm is in a great location with great access off of 2 hard surface roads! Make plans today to attend this auction!

Legal Description Tract 2: Parcel P in the N1/2 AND Parcel R in the NE1/4, all located in Section Two (2), Township Ninety-Eight (98) North, Range Forty-Eight (48) West of the 5th P.M., Lyon County, Iowa. Subject to well easement to adjoining acreage site and all public easements and roadways of record.

General description of Tract 2: According to survey, this property consists of 71.5 gross acres of pastureland! This is a great tract of pastureland with a natural flowing creek to provide water for the property! This is a scenic tract of pastureland with some established trees for shade and great access from a hard surface road. This pastureland has well established grasses and would make a great addition to your operation! The buyer of this tract will be required to grant an ingress/egress access easement to the buyer of tract 3 along the West property line of tract 2 for access to tract 3 as shown by the survey. The acreage site which adjoins this property has a easement to use the well which is located on the Eastern end of this property. Contact an agent for details!

Legal Description Tract 3: Parcels O in the NW1/4 AND Parcel S in the NE1/4 , all located in Section Two (2), Township Ninety-Eight (98) North, Range Forty-Eight (48) West of the 5th P.M., Lyon County, Iowa. Subject to all public easements and roadways of record.

General description of Tract 3: According to survey, this property contains 40.53 gross acres of farmland. According to FSA, this property contains approx. 38.36 +/- tillable acres with the remainder in a small tree area. This farm has a corn and soybean base combined with the adjoining tracts with a PLC yield of 162bu on corn and a PLC yield of 49bu on soybeans. This farmland has 35.02 acres classified as HEL and approx. 3.34 acres classified as NHEL. The predominant soil types of property include: 410B2, C2-Moody, 401D2-Crofton, 33F, G-Steinauer, 37B-Alcester, 430-Ackmore. The CSR2 rating is 50.2 and the CSR1 rating is 43.1. Buyer of this tract will receive an access easement from the buyer of tract 2 along the West property line of tract 2 for ingress/egress access to tract 3. Contact an agent for details! Make plans today to attend this auction!

Viewing: Please contact agents to view the property due to the livestock grazing on the property.

Method of sale: Tracts will be sold in the order listed. Final bid price on each tract will be x the gross surveyed acres. Auction will be held live on site at the property.

Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are approx. $1,828.73 per year on Tract 1, approx. $1,144.00 per year on Tract 2 and approx. $932.19 per year on Tract 3. Taxes will be reassessed due to recent survey. Seller will pay the 2021 taxes which are due & payable in March and Sept of 2022.

Possession: Possession of all the tracts will be on March 1, 2022 due to the current farm lease.

Terms: Purchaser(s) will be required to pay a non-refundable 15% of the purchase price due the day of the auction and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before January 17, 2022 when the buyer shall receive a clear and merchantable title to the property. These properties 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 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 purchasers pursuant to IA statutes. All buyers are encouraged to due 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 Kippley Attorney for Seller.

Jim & Deb Knudson, Mary Smidt &

Carol & Michael Evert Chalberg- Owners