Rock Rapids, IA 51246(Lyon County)

Auctioneers Note: Our company is honored to have been selected by the Van Veldhuizen family to offer for sale at auction this excellent land in Riverside TWP, Lyon County, IA as they have purchased another property and will be completing a 1031 exchange. Farmers, Investors, Cow/Calf Operators, Outdoor Enthusiasts do not miss this auction! This auction offers something for all buyers!

Abbreviated Legal Description of Tract 1: Parcel B in the NW1/4 of Section 17, TWP 100N, Range 45W, Lyon County, IA AND Parcel G in the SW1/4 of Section 17, TWP 100N, Range 45W, Lyon County, IA. Sold subject to public roads and easements of record.

General Description of Tract 1: According to the survey, this property contains 63.93+/- gross acres. According to FSA/survey, this farm contains approx. 57.12+/- tillable acres, approx. 1.71 acres of grass/hayland (could be farmed) with the remainder in road/ditch and access easement area. This farm is classified as NHEL & UHEL. The predominant soil types include: 133-Colo, 27B-Terril, 458-Millington, 608, B, C2-Dempster, 33D, E-Steinauer. The average CSR2 is 67.6 and the average CSR1 is 60. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 184bu on corn and a PLC yield of 54bu on soybeans. This land in the fall of 2022 had approx. 4,700 gallons per acre of hog manure applied to the tillable acres. The buyer will not be required to give any reimbursement for the manure applied. This is a great opportunity to purchase a nice tract of Lyon County, IA land! Land has proven again and again to be a great investment! Farmers & Investors land in this area is not always available! Do not miss this opportunity to purchase this quality Lyon County, IA farm! This land has been in the Van Veldhuizen family for many years and it may not be available again in your lifetime! The buyer of this farm will be required to grant an access easement to the buyer of Tract 2 & Tract 3 for permanent ingress/egress access. This easement shall lie on the former railroad bed. Contact an agent for details on the access easement. Buyer of this tract shall be required to grant an easement for an elec line which runs underground from the NE corner of Tract 2 to Tract 3 and lies in the access easement area. Contact an agent for details!

Abbreviated Legal Description of Tract 2: Remainder Of Lot 1 in the SW1/4 of Section 17, TWP 100N, Range 45W, Lyon County, IA. Sold subject to public roads and easements of record.

General Description of Tract 2: According to the survey, this property contains 11.74+/- gross acres. According to FSA/survey, this farm contains approx. 10.88+/- tillable acres with the remainder in approx. 0.86 acre of grass. This farm is classified as HEL & UHEL. The predominant soil types include: 411B, C2-Egan, 27B-Terril, 33D-Steinauer, 608, C2-Dempster, 411B-Egan. The average CSR2 is 63.4 and the average CSR1 is 46.7. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 184bu on corn and a PLC yield of 54bu on soybeans. This land in the fall of 2022 had approx. 4,700 gallons of hog manure applied to the tillable acres. The buyer will not be required to give any reimbursement for the manure applied. This is a great opportunity to purchase a smaller tract of farmland! Farmers & Investors if you are looking to expand your operation or portfolio do not miss this opportunity to purchase this quality Lyon County, IA farm! This land has been in the Van Veldhuizen family for many years and it may not be available again in your lifetime! The buyer of this farm will receive a permanent ingress/egress access easement from the buyer of Tract 1. This easement shall lie on the former railroad bed. Contact an agent for details on the access easement. Buyer of this tract shall be required to grant an easement to the buyer of Tract 3 for the elec meter which is located in the NE corner of this property. Contact an agent for details on this easement.

Abbreviated Legal Description of Tract 3: Parcel H in the SW1/4 of Section 17, TWP 100N, Range 45W, Lyon County, IA. Sold subject to public roads and easements of record.

General Description of Tract 3: Cow/Calf Operators, Hunters & Outdoorsmen you will want to take a look at this property! According to the survey, this property contains 44.90+/- gross acres. If you are looking to add acres to your cow/calf operation do not pass up the opportunity to purchase this pasture! This land is located adjacent to public hunting land providing a unique opportunity for your own personal hunting retreat with close proximity to the Rock River and a stock pond on the property! If you are looking to purchase a property to expand your cow/calf operation or a recreational property with endless possibilities do not pass up this opportunity! This land has been in the Van Veldhuizen family for many years and it may not be available again in your lifetime! The buyer of this tract will be required to sign a fence agreement stating that any maintenance/repair or installation and any costs associated with any fences which adjoin Tract 1 & Tract 2 will be the sole responsibility of the buyer of Tract 3. The buyer of this land will receive a permanent ingress/egress access easement from the buyer of Tract 1. This easement shall lie on the former railroad bed. Contact an agent for details on the access easement. Buyer of this tract shall also receive an easement from the buyer of Tract 1 & Tract 2 for an elec meter and elec line which is underground in the access easement area and runs from the NE corner of Tract 2 to Tract 3. Contact an Agent For Details.

Method of sale: Land will be sold with the final bid price x the gross surveyed acres. Tracts will be sold in the choice method. The top successful bidder of each round of choice will be permitted to select the tract or tracts of their choice. The top successful bidder in each round of choice will be permitted to select as many tracts as are remaining or one tract. Sale will continue in the choice method until all of the tracts are sold. Auction will be held at the site of Tract 1.

Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are approx. $1,874 per year combined for Tracts 1 & 3 and approx. $290.00 per year on Tract 2. Seller will pay the 2022 taxes which are due and payable in March and Sept of 2023. Taxes are estimated and will be reassessed due to recent survey.

Possession: Possession will be on March 1, 2023. This land is available 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 or before February 22, 2023 when the buyer shall receive a clear and merchantable title to the property. This land 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. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. Buyers are encouraged to verify any information that is important to the buyer. If buyer delays closing penalties may apply. All buyers are encouraged to do buyers due diligence. 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. Jennifer Wippertattorney for the seller.

Arthur Van Veldhuizen Trust- Owner