Doon, IA 51235(Lyon County)

Auctioneers Note: The Zomer Company is honored to have been selected by the Van Hattem family to offer for sale at auction these excellent Doon TWP, Lyon County, IA farms! This land has been in the Van Hattem family for many years! This is a once in a lifetime opportunity to purchase 161.37+/- acres of contiguous land! Auction will be held at the site of the land.

Sale Date: January 24, 2023 10:30 A.M.

Legal Description of Tract 1: Parcel G in the SW1/4 of Section 1, TWP 98N, Range 46W, Lyon County, IA. Sold subject to public roads and easements of record.

General description of Tract 1: According to the recent survey , this property contains 80.60+/- gross acres. According to FSA, this farm contains approx. 78.6+/- tillable acres. This farm is classified as HEL. The predominant soil types include: 410B2, C2-Moody, 430-Ackmore, 910, B-Trent, 133-Colo, 31-Afton. The average CSR2 is 67.8 and the average CSR1 is 56.8. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 172bu. on corn and a PLC yield of 51bu. on soybeans. FSA will do a reconstitution on base acres due to the recent survey. If you are looking to add a high quality Lyon County, IA farm to your operation or if you are looking for a great investment property then be sure to check this farm out today! This a fantastic farm in a good area! Do not pass up the opportunity to purchase this tract of land! Land has proven itself to be an excellent long term investment! Farmers & Investors do not pass up this farm!

Legal Description of Tract 2: Parcel H the SW1/4 of Section 1, TWP 98N, Range 46W, Lyon County, IA. Sold subject to public roads and easements of record.

General description of Tract 2: According to the recent survey, this property contains 80.71+/- gross acres. According to FSA, this farm contains approx. 77.22+/- tillable acres. This farm is classified as HEL. The predominant soil types include: 410B2, C2-Moody, 910B-Trent, 430-Ackmore, 92-Marcus, 133-Colo. The average CSR2 is 67.6 and the average CSR1 is 56.3. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 172bu. on corn and a PLC yield of 51bu. on soybeans. FSA will do a reconstitution on base acres due to the recent survey. If you are looking to add a high quality Lyon County, IA farm to your operation or if you are looking for a great investment property then be sure to check this farm out today! This a fantastic farm in a good area! Do not pass up the opportunity to purchase this tract of land! This is a nearly all tillable tract of farmland with the only non tillable being the road and ditch! This is a fantastic opportunity to purchase a high quality farm! This land if purchased in conjunction with Tract 1 offers the opportunity to purchase a contiguous 161.37+/- acre tract!

Method of sale: Farms will be sold with the final bid price x the gross surveyed acres. Auction will be held at the site of the farmland. The tracts will be offered in the choice method. The top successful bidder of the first round of choice will have the option to select the tract of their choice or both of the tracts. After the round of choice if the top bidder only selects one of the tracts then the remaining tract will be sold. If the top bidder in the round of choice takes both tracts then the auction will be over. The tracts will not be combined in any way.

Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are approx. $1,809.00 per year on Tract 1 and approx. $1,809.00 per year on Tract 2. Seller will pay the 2022 taxes which are due and payable in March and Sept of 2023.

Possession: Possession will be on March 1, 2023. This land is available to farm for the 2023 crop year.

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 March 1, 2023 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 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. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. All buyers are encouraged to do buyers due diligence. If buyer delays closing penalties may apply. 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. Klein & Klein Attorneys for seller

Jake Van Hattem Testamentary Trust- Owner