Sheldon, IA 51201(Sioux County)

Auctioneers Note: The Zomer Company is honored to represent the Ver Meer family in this tremendous offering of Sioux County, IA farmland! This farmland has been in the Ver Meer family for many years and is now being offered to the public for the first time! Be sure to attend this auction to purchase one of these excellent properties! Call an auctioneer today to receive a full informational packet!

Legal Description of Tract 1: Parcel C in the SW1/4 of Section 15, TWP 97N, Range 43W, Sioux County, IA. Subject to public roads and easements of record.

General Description of Tract 1: According to the survey, this property contains 80.46 gross acres. According to FSA and the recent survey, this farm contains approx. 79.46 tillable acres with the balance in road/ditch. This farm has road on 1 side and is an inside tract of farmland and is 98.7% tillable. This farm has a corn base and soybean base combined with tract 2 with a PLC yield of 194bu. on corn and a PLC yield of 53bu. On soybeans. This farm is classified as NHEL. The predominant soil types include: 310B-Galva, 91-Primghar, 92-Marcus, 310-Galva, 133-Colo, 32-Spicer. The average CSR1 is 71.4. The average CSR2 is 96.4. This tract of farmland is contiguous to Tract 2 and if purchased in conjunction with Tract 2 would make an excellent contiguous 158.59+/- acre tract of farmland! This farm has excellent soil ratings and is an inside tract of farmland with 1/2 mile rows and has drainage tile line installed! This is an exceptional piece of Sioux County IA Farmland. When it comes to buying a tract of farmland this farm has everything you look for including 1/2 mile rows, nearly 100% tillable, good drainage with drainage tile line installed and an excellent location! If you have been considering a purchase of farmland whether as an addition to your current operation or as an investment this fantastic Sioux County, IA farm is one you will want to take a look at! Make plans today to attend this auction!!! Prime Prime Prime would be the way to describe this farmland!

Legal Description of Tract 2: Parcel B in the SW1/4 of Section 15, TWP 97N, 43W, Sioux County, IA. Subject to all public roads and easements of record.

General Description of Tract 2: According to the survey, this property contains 78.13 gross acres. According to FSA and recent survey, this farm contains approx. 72.59+/- tillable acres, 1.74 acres of grass waterway with the balance in road/ditch. This farm has road on 2 sides. This farm has a corn base and soybean base combined with tract 1 with a PLC yield of 194bu. On corn and a PLC yield of 53bu. On soybeans. This farm is classified as NHEL. The predominant soil types of the tillable farmland include: 91-Primghar, 310B, B2-Galva, 133-Colo, 92-Marcus, 32-Spicer. The average CSR1 is 71.6 and the average CSR2 is 94 on the tillable farmland. This farm has excellent soil ratings and extensive drainage tile line installed! If you are looking for a quality tract of farmland to add to your operation or a fantastic farm to purchase as an investment this tract provides a tremendous opportunity to do just that! This tract of farmland is contiguous to Tract 1 and if purchased in conjunction with Tract 1 would make an excellent contiguous 158.59+/- acre tract of farmland! Make plans today to attend this auction! Call today for a full informational brochure on this property.

Method of sale: Auction will be held at the site of the farmland. Farmland will be sold with the final bid price x the gross surveyed acres. Choice will be offered on the tracts with the first successful bidder having their choice of tracts. First successful bidder will only be permitted to select 1 of the tracts. After the first round of choice whichever tract is remaining will then be sold. Tracts will not be combined.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $2,306.79 per year on Tract 1 and approx. $2,239.99 per year on Tract 2. Seller will pay the 2022 taxes which are due and payable in March and Sept of 2023.

Possession: Full Possession will be on March 1, 2023 on Tracts 1 & 2. Both farms are available to farm 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 on each tract, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day which will be on December 6, 2022 when the buyer shall receive a clear and merchantable title to the property on closing day. These properties 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. 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 statues. 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 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. De Koster & De Koster PLLCattorney for sellers.