Alvord, IA 51230(Lyon County)

Auctioneers Note: The Zomer Company is excited to offer at auction these outstanding tracts of Lyon County, IA land! This land has been in the Childress family for several decades! Land is an excellent longterm investment! This is a great opportunity to purchase one or several tracts of quality Lyon County, IA farmland! Making the decision to purchase land is an investment in your familys future!

Abbreviated Legal Description of Tract 1: Parcel D in the SW1/4 of Section 28, TWP 99N, Range 46W, Lyon County, IA. Subject to all public roads and easements of record.

General Description of Tract 1: This farm was surveyed and consists of 58+/- gross acres. According to FSA/Survey, this farm contains approx. 55.61+/- tillable acres. This farm has a corn base and soybean base combined with the adjoining property with a PLC yield of 180bu on corn and PLC yield of 53bu. on soybeans. The predominant soil types include: 410B-Moody, 410C2-Moody. The average CSR2 is 66.2. The average CSR1 is 58.1. This farm had several thousand feet of drainage tile line installed in 2018 & 2019 with maps available! This land is nearly all tillable with the only exception being the road and ditch! This farm is one of those farms that you can be proud to own! This farm checks all the boxes when looking at purchasing Iowa farmland including being nearly all tillable, excellent soil ratings, drainage tile installed and it is very conducive for farming with large equipment!

Abbreviated Legal Description of Tract 2: Parcel E in the SW1/4 of Section 28, TWP 99N, Range 46W, Lyon County, IA. Subject to all public roads and easements of record.

General Description of Tract 2: This farm was surveyed and consists of 36.37+/- gross acres. According to FSA/Survey, this farm contains approx. 35+/- tillable acres. This farm has a corn base and soybean base combined with the adjoining property with a PLC yield of 180bu on corn and PLC yield of 53bu. on soybeans. The predominant soil types include: 410B, C2, D2-Moody, 92-Marcus, 430-Ackmore. The average CSR2 is 68. The average CSR1 is 54.7. This farm according to the FSA office is classified as HEL. This farm had several thousand feet of drainage tile line installed in 2019 with maps available! This is a great tract of land in Lyon County, IA! If you are a younger farmer looking to purchase your first farm, established farmer looking to add to your operation or an investor looking for a quality tract of land then be sure to take a look at this property! It is not often that you have the opportunity to purchase a smaller tract of land in Lyon County, IA! Land is an investment that you can be proud to own! If you look back 5, 10 or 20 years land long term has proven itself to be a solid investment!

Abbreviated Legal Description of Tract 3: The West 1/2 of the NE1/4 of Section 33, TWP 99N, Range 46W, Lyon County, IA. Subject to all public roads and easements of record.

General Description of Tract 3: This farm was surveyed and consists of 80.17+/- gross acres. According to FSA/Survey, this farm contains approx. 77.59+/- tillable acres which includes the grass terraces. This farm has a corn base of 35.10 acres with a PLC yield of 162bu and a soybean base of 35.30 acres with a PLC yield of 44bu. The predominant soil types include: 410B, C2-Moody, 430-Ackmore, T410B-Moody, 910B-Trent. The average CSR2 is 69.5. The average CSR1 is 57.7. This farm according to the FSA office is classified as HEL. This is a great opportunity to purchase land in Lyon County, IA! This is an inside tract of farmland with road on one side! This farm had some drainage tile installed in 2019! If you are looking to invest in quality Lyon County, IA farmland for your farming operation or investment portfolio then this is an auction that you will want to attend! Purchasing land is an investment in your familys future!

Method of sale: Auction to be held at the Alvord, IA CFE fertilizer plant (2108 Eagle Ave., Alvord, IA) just West of Alvord, IA. Watch website for inclement weather. Tracts 1 & 2 will be sold in the choice method. The top bidder of the round of choice will have the option to select the tract of their choice or both of the tracts. If the top bidder in the round of choice only selects only Tract 1 or Tract 2 then whichever tract is remaining will then be sold. Once both Tracts 1 & 2 are sold then Tract 3 will be sold. Tracts will not be combined in any way other than the option to select both Tract 1 & 2 in the first round of choice. Farms will be sold with the final bid price times the gross surveyed acres.

Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are approx. $1,508.00 per year on Tract 1, approx. $962.00 per year on Tract 2, approx. $2,130.00 per year on Tract 3. Seller will pay the 2025 taxes which are due and payable in March and Sept of 2026.

Possession: Possession of the farms will be on March 1, 2026. These farms are available to farm for the 2026 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 which will be on or before December 22, 2025. Buyer shall receive a clear and merchantable title to the property on closing day. 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. All buyers are encouraged to do buyers due diligence. 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. If buyer delays closing, penalties may apply. This Property is being sold subject to the confirmation of the sellers. One of the owners of this property is a licensed Real Estate agent in Iowa. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Paul Kippley Attorney for sellers.

Elaine Childress Revocable TrustOwners