Hull, IA 51239(Sioux County)

Tract 4 Location: From Dollar General in Hull, IA go 1/2 mile West on HWY 18 (320th). Tract 4 is South of HWY 18.

Tract 5 Location: From Dollar General in Hull, IA go 1/2 mile West on HWY 18 to Harrison Ave then go 1 mile South on Harrison Ave then go 1/2 mile East on 330th St.

Auction signs will be posted. Auction will be held at the site of Tract 3

Sale Date: December 14, 2021 10:30 A.M.

Auctioneers Note: We are honored to have been selected by the executors of the Joyce Kooiker Estate to offer for sale at live public auction this high quality Sioux County, IA farmland! This farmland is in a great location in an area where land is not often available! If you want to purchase some high quality Sioux County, IA land you will want to attend this auction!

Abbreviated Legal Description of Tract 1: The East 1/2 of the West 1/2 of the NE1/4 of Section 32, TWP 97N, Range 45W, Sioux County, IA. Subject to all public roads and easements of record.

General Description of Tract 1: According to the Sioux County assessor, this property contains 40.18 gross acres and according to recent survey contains approximately 39.42+/- tillable acres with the remainder in road/ditch. This farm can be farmed in 1/2 mile rows. This farm has a corn and soybean base combined with the adjoining land with a PLC yield of 195bu on corn and 57bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 310, B2-Galva, 91-Primghar, 92-Marcus. The average CSR1 is 67.4 and the average CSR2 is 92.1. This farm has an excellent soil rating and is in a great location! This is a high caliber farm with great soils and is an inside tract of farmland which is nearly 100% tillable!

Abbreviated Legal Description of Tract 2: The NE 20 a/c of the NE1/4 Excepting an acreage site located therein located in Section 29, TWP 97N, Range 45W, Sioux County, IA. Subject to all public roads and easements of record. Exact legal description will be determined by certified survey prior to auction.

General Description of Tract 2: According to the Sioux County assessor, this property contains 20+/- gross acres and according to FSA contains approximately 17.56+/- tillable acres. This farm has a corn and soybean base combined with the adjoining land with a PLC yield of 195bu on corn and 57bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 310B, B2-Galva, 91-Primghar. The average CSR1 is 68.1 and the average CSR2 is 93.2. This farm has an excellent soil rating! This farmland is in a prime location at the intersection of US HWY 75 & US HWY 18! Sellers have applied for a driveway access to this parcel from the DOT on HWY 18 and the request has been approved and the buyer shall be responsible for all expense associated with the installation of the driveway according to DOT specifications.

Abbreviated Legal Description of Tract 3: Parcel B in the NE1/4 of Section 33, TWP 97N, Range 45W, Sioux County, IA. Subject to all public roads and easements of record.

General Description of Tract 3: According to the recent survey, this property contains 68.50 gross acres and according to recent survey contains approximately 66.89 tillable acres with the remainder in road/ditch. This farm can be farmed in 1/2 mile rows. This farm has a corn and soybean base combined with the adjoining land with a PLC yield of 195bu on corn and 57bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 310, B-Galva, 91, B-Primghar, 92-Marcus. The average CSR1 is 71.2 and the average CSR2 is 96.5. This farm has an excellent soil rating and is in a great location! This is a high caliber farm with great soils!! This farm is adjacent to US HWY 18!

Abbreviated Legal Description of Tract 4: The W1/2 of the NW1/4 of Section 34, TWP 97N, Range 45W, Sioux County, IA to be surveyed. Subject to all public roads and easements of record.

General Description of Tract 4: According to the recent survey, this property contains 80.31 gross acres and according to recent survey contains approximately 75.58 tillable acres with the remainder in road/ditch. This farm can be farmed in 1/2 mile rows. This farm has a corn and soybean base combined with the adjoining land with a PLC yield of 195bu on corn and 57bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 310B-Galva, 91, B-Primghar. The average CSR1 is 69.4 and the average CSR2 is 95.8. This farm has an excellent soil rating and is in a great location! This is a high caliber farm with great soils! This farm is adjacent to US HWY 18!

Abbreviated Legal Description of Tract 5: Parcel A in the SW1/4 of Section 34, TWP 97N, Range 45W, Sioux County, IA to be surveyed. Subject to all public roads and easements of record.

General Description of Tract 5: According to the recent survey, this property contains 36.23 gross acres and according to recent survey contains approximately 35.78 tillable acres with the remainder in road/ditch and grass waterway. This farm has a corn and soybean base combined with the adjoining land with a PLC yield of 195bu on corn and 57bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 310, B, B2-Galva, 91, B-Primghar, 92-Marcus. The average CSR1 is 69.7 and the average CSR2 is 96.1. This farm has an excellent soil rating and is in a great location! This is a high caliber farm with great soils! If any driveway work is needed on this parcel the buyer shall be responsible for all costs associated with such.

Method of sale: All of the tracts will be sold from the site of Tract 3. Farmland will be sold with the final bid price x the final gross surveyed acres. All of the farms will be surveyed and purchase price of each tract will be based on final gross surveyed acres. The farms will be sold in the choice method. The first successful bidder will have the option to select the parcel of their choice and then choice will be offered again of the remaining parcels and this will continue until the last parcel is sold. Each successful bidder each time will only be allowed to select 1 tract at a time. The tracts will not be combined. Once a tract is sold it will remain sold.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $1,226.00 per year on Tract 1, approx. $744.00 per year on Tract 2, approx. $2,204.00 per year on Tract 3, approx. $2,448.00 per year on Tract 4 & approx. $1,150.00 per year on Tract 5. Seller will pay 2021 taxes due & payable in March/Sept of 2022.

Possession: Full Possession will be on closing day.

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 January 21, 2022 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. All buyers are encouraged to do buyers due diligence. If buyers delay closing then penalties shall apply according to purchase agreement. 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. 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. De Koster & De Koster PLLC -Attorney for Seller

Joyce K. Kooiker EstateOwnerAmerican Investment & Trust As Executors

Click here for Auction Booklet

Auctioneers: Zomer Company

1414 Main St., Rock Valley, IA 51247