Hull, IA 51239(Sioux County)

Auctioneers Note: Our company is honored to have been selected by Robert and Sharon to offer this excellent Garfield TWP, Lyon County, IA farmland for sale at auction! This land is located North of Hull, IA! If you are looking for an excellent tract of farmland to purchase for your operation or as an investment do not miss this opportunity to purchase one or both of these tracts!

Abbreviated Legal Description Of Tract 1: Lot 2 in Parcel G in the SE1/4 of Section 15, Township 98N, Range 45W, Lyon County, IA subject to all public road and easements of record.

General Description of Tract 1: According to the survey, this property contains 47.54+/- gross acres. According to FSA/survey, this farm contains approx. 45+/- tillable acres with the remainder in road and ditch. This farm is classified as predominately NHEL with a small portion as HEL. The predominant soil types include: 899-Davis, 133-Colo, 203-Cylinder, 658-Mayer, 486-Davis, 26B-Kennebec, 310C2-Galva, and 430-Ackmore. The average CSR2 is 71.8 and the average CSR1 is 68.3. This farm has a corn base and soy bean base combined with the adjoining farmland with a PLC yield of 183 bu on corn and PLC yield of 49 bu on soybeans. This farm is nearly all tillable! This is an excellent tract of farmland in Garfield TWP, Lyon County, IA. Farmers and investors do not pass up the opportunity to purchase this land which has been in the Soodsma family for many years! Land has proven itself to be an excellent investment!

Abbreviated Legal Description Of Tract 2: Lot 1 in Parcel G in the SE1/4 of Section 15, Township 98N, Range 45W, Lyon County, IA subject to all public road and easements of record.

General Description of Tract 2: According to the survey, this property contains 50.08+/- gross acres. According to FSA/survey, this farm contains approx. 49.55+/- tillable acres with the remainder in road and ditch. This farm is classified as predominately NHEL with a small portion as HEL. The predominant soil types include: 899-Davis, 310C2-Galva, 310B2-Galva, 26B-Kennebec, 91B-Primghar, 486-Dabis, 430-Ackmore, 401D2-Crofton, and 310B-Galva. The average CSR2 is 83.1 and the average CSR1 is 60.4. This farm has a corn base and soy bean base combined with the adjoining farmland with a PLC yield of 183 bu on corn and PLC yield of 49 bu on soybeans. This farm is nearly all tillable! This is an excellent tract of farmland in Garfield TWP, Lyon County, IA. Farmers and investors do not pass up the opportunity to purchase this land which has been in the Soodsma family for many years! Land has proven itself to be an excellent investment! It is not often you can find an inside tract of farmland which is over 98.9% all tillable!

Method of sale: Farm will be sold with the final bid price x the gross surveyed acres. Auction will be held at the site of the farmland. Tract 1 and Tract 2 will be sold in choice method. The top successful bidder of the round of choice will have the option to select one tract or both of the tracts. If the top successful bidder of the round of choice only selects one tract then which ever tract is remaining will then be sold. If the top successful bidder of the round of choice selects both tracts then the auction will be over. Tracts will not be combined in any way.

Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are approx. $1,135.00 per year on Tract 1 and approximately $1,195.00 per year on Tract 2. Seller will pay the 2022 taxes which are due and payable in March and Sept of 2023.

Possession: Possession will be on March 1, 2023. This land is 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, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before March 1, 2023 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. 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 are encouraged to verify any information that is important to the buyer. If buyer delays closing penalties may apply. All 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 the seller.

Robert & Sharon Soodsma- Owner