Rock Valley, IA 51247(Sioux County)

Auctioneers Note: The McGill Family has honored us by selecting our company to offer this farmland for sale at live public auction! Make plans today to attend this auction! This farmland is located in a good area where land is not often offered for sale!! Dont miss an amazing opportunity to own one of these tracts! Call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site Tract 1!

Sale Date: January 26, 2021 10:30 A.M.

Legal Description of Tract 1: The South Half of the Northwest Quarter (S1/2 NW1/4) of Section 24, Township 97 North, Range 47 West of the 5th P.M., Sioux County, Iowa, subject to public road and easements of record. Subject to all public easements and roadways of record.

General description of Tract 1: According to the Sioux County assessor, this property contains 80+/- gross acres. According to FSA, this farm contains approx. 78.86 tillable acres with the remainder in road/ditch. This farm has a corn base only of 78.85 acres with a PLC yield of 176bu. This farm is classified as NHEL. The predominant soil types include: 116-Graceville, 108-Wadena, 812, 812B-Moody, 8B-Judson. The average CSR1 is 61 and the average CSR2 is 67.1. This farm appears to have a good state of productivity and is well managed. This farm is farmed in 1/2 mile rows and is an inside tract of farmland and is nearly 100% tillable! 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!!!

Legal Description of Tract 2: Parcel B in the Fractional NW1/4 of Section 31, TWP 97N, Range 46W, Sioux County, IA. Subject to all public easements and roadways of record.

General description of Tract 2: According to the survey, this property contains 114.89 gross acres. According to FSA, this farm contains approx. 113.2 tillable acres, recent survey shows 112.85 tillable acres, with the remainder in road/ditch. This farm has a corn base only combined with the adjoining property with a PLC yield of 174bu. (FSA will do a reconstitution on base acres once the property is sold.) This farm is classified as HEL . The predominant soil types include: 310B2, C2-Galva, 474B, C2, D2Bolan, 810B2-Galva, 27B-Terril, 878B, B2, C2-Ocheydan, 11B-Radford-Judson, 467-Radford, 78C2-Sac, 91B-Primghar, 28C-Dickman, The average CSR1 is 50.7 and the average CSR2 is 76.5. 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 acres. Auction will be held at the site of Tract 1.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $1,838.00 per year on Tract 1 and approx. $2,815.00 per year on Tract 2. Seller will pay the 2020 taxes which are due and payable in March and Sept of 2021.

Possession: Full Possession will be on March 9, 2021. .

Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit on each tract, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before March 9, 2021 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 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 agree to accommodate the sellers with a 1031 tax deferred exchange. 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. Maureen McGill HoogeveenAttorney for Seller.

T.N. & Mary Ellen McGill Family Owners