Sioux Center, IA 51250(Sioux County)

Auctioneers Note: We are honored to have been selected by the Kruid family to offer this land for sale at auction! This land has been in the Kruid family for many years and it is not often you have the opportunity to purchase land in this area! This farm is leased for the 2022 crop year and the buyer will receive the full 2022 rent and a rent subsidy!

Legal Description: The South 1/2 of the SE1/4 of Section 1, TWP 95N, Range 47W, Sioux County, IA EXCEPTING Parcel B located therein. Subject to all easements and public roadways of record. This farm will be surveyed prior to the auction.

General Description: According to the Sioux County assessor, this property contains 68+/- gross acres and according to the FSA contains approximately 66.80 tillable acres with the remainder in road/ditch. This farm has a corn base of 55.3 acres with a PLC yield of 189bu. And a soybean base of 11.4 acres with a PLC yield of 53bu. This farm is currently classified as NHEL. The predominant soil types include: 310B, B2-Galva, 428B-Ely, 91B-Primghar. The average CSR1 is 67.1 and the average CSR2 is 91.5. 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!! Smaller tracts of land are not often available for sale!! This farm is leased for the 2022 crop year and the buyer will receive the full rent for 2022 and the seller will also subsidize the rent for 2022! Contact an agent for details!

Method of sale: Auction will be held at the site of the farmland. The farmland will be surveyed and the bid will be based on the final gross surveyed acres x the final bid price.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $2,350.00 per year. Seller will pay the 2021 taxes which are due and payable in March and Sept of 2022.

Possession: Buyer will receive landlord possession on closing day and will receive full possession on March 1, 2023. Buyer is responsible to terminate the existing farm lease per Iowa Statutes.

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 June 30, 2022 when the buyer shall receive a clear and merchantable title to the property. This farm 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. Buyers are encouraged to do buyers due diligence. Buyer is responsible to terminate the existing farm lease per Iowa Statutes. 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. 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. Jim PicknerAttorney for Seller.

The Late Gerrit Kruid & Cynthia Kruid- Owners