Sioux Center, IA 51250(Sioux County)

Auctioneers Note: We are honored to present at auction this excellent tract of Center TWP, Sioux County, IA farmland! As the Mars Family has acquired other land and are doing a 1031 exchange, they are offering this excellent land for auction. This land has had manure applied regularly and also has a good yield history! If you are looking to purchase a tract of land to add to your operation or investment portfolio this is an excellent opportunity! Land is an excellent long term investment!

Call an auctioneer today to receive a full informational packet!

Abbreviated Legal Description: The West 1/2 of the Northeast 1/4 And Parcel B in the Northeast 1/4, all located in Section 18, TWP 95N, Range 46W, Sioux County, IA. Subject to all easements and public roads of record.

General Description: According to the county assessor, this property contains 80.09+/- gross acres. According to FSA, this farm contains approx. 76.56+/- tillable acres with the balance in road/ditch. This farm has road on 1 side and is an inside tract of farmland! This farm has a corn base only of 76.56 acres with a PLC yield of 190bu. This farm is classified as HEL. The predominant soil types include: 310B, B2, C2-Galva, 428B-Ely, 11B-Radford-Judson, 8B-Judson. The average CSR2 is 86.9. This is an outstanding farm located in the Heartbeat of Sioux County, IA! This farm has great soil ratings and has regularly had manure applied! This farm has a good APH yield history with 232bu corn per acre in 2023, 246bu corn per acre in 2021 and 66bu soybeans per acre in 2022 and 67bu soybeans per acre in 2020! This farm also has some drainage tile line installed and maps are available! Buyer of this farm will receive immediate possession to farm this farm for the 2024 crop year!!!

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 county acres. This farm has NOT been surveyed and is being sold based on the gross county acres only. Farm will NOT be surveyed and buyer is purchasing the farm with the understanding that the acres are considered to be more or less.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $2,508.00 per year. Seller will pay the 2023 taxes which are due and payable in March and Sept of 2024.

Possession: Buyer will receive immediate possession to farm this farm for the 2024 crop year! This land is available to farm for the 2024 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 which will be on or before May 29, 2024. Buyer shall receive a clear and merchantable title to the property on closing day. 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. 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. 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. Buyer agrees to accommodate the seller with a 1031 exchange. 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. Brad De JongAttorney for sellers.

Lyle Mars Owner