Sloan, IA 51055(Woodbury County)

Auctioneers Note: The Zomer Company is excited to offer this exceptional tract of farmland for auction! Whether you are a young farmer looking to expand your opportunities, an investor seeking a valuable asset, or an established farmer wanting to grow your operation in Woodbury County, IA, this farm deserves your serious attention. Farmland is a timeless investment that continues to appreciate in value, making it a smart choice for those thinking long-term. Take the step to secure your familys future and invest in the land that will yield returns for generations to come!

Farm Location: From Sloan, IA go East on HWY 141(330th ST.) for approx. 3 miles to Fayette Ave then go approx. 1/4 mile North on Fayette Ave to the farm OR from Hornick, IA go 3 miles West on HWY 141 to Fayette Ave. then go North on Fayette Ave for 1/4 mile to the farm. Farm is located on the East side of Fayette Ave. Auction To Be Held At The Sloan, IA golf course parking lot (3113 Old HWY 75, Sloan, IA 51055)

Auction Date: December 9, 2024 10:30 A.M.

Abbreviated Legal Description: The North 1/2 of the Southwest 1/4 of Section 25, TWP 86N, Range 46W, Woodbury County, IA. Subject to all drainage assessments and taxes, easements and public roads of record.

General Description: According to the Woodbury County assessor, this property contains 80+/- gross acres. According to FSA/Survey this farm contains approx. 75.74+/- tillable acres. This farm has a corn base only of 56.2 acres with a PLC yield of 113bu. This farm is classified as NHEL. The predominant soil types include: 244-Blend, 66-Luton, 3686-Napa-Luton-Tieveille. The average CSR1 is 42.1. The average CSR2 is 70.3. This is a great opportunity to purchase a tract of farmland in Woodbury County, IA which has good access to local grain markets providing easy grain transportation! This farm is also very conducive for farming with larger farm equipment with predominantly all 1/2 mile rows!! As land historically has been a good investment, securing a tract like this can provide both immediate returns and long-term capital appreciation. Whether you plan to farm the land yourself or lease it out, this property holds the potential to generate consistent income for years to come. By investing in this land, you are securing a legacy asset that can be passed down through generations, ensuring financial security and stability for your family.

Method of sale: Auction To Be Held At The Sloan, IA golf course parking lot (3113 Old HWY 75, Sloan, IA 51055). Farm will be sold with the final bid price times the gross county acres of 80+/- acres. This farm has not been surveyed and is being sold based on the deeded legal description only.

Taxes: The current Real Estate Taxes according to the Woodbury County, IA Treasurer were approx. $2,760.00 in 2023 and the 2024 drainage taxes were approx. $754.88. Seller will pay the 2024 RE taxes pro-rated through December 31, 2024 which are due and payable in March and Sept of 2025.

Possession: This farm is available to farm for the 2025 crop year. Possession will be on March 1, 2025.

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 January 22, 2025 which is when 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. 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. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. Property is sold subject to any/all drainage taxes/assessments if any. This Property is being sold subject to the confirmation of the sellers and subject to court approval. 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 & Brian Van EngenAttorneys For Sellers.

Gary D. Schipper Estate & Arlin & Laura Roskam Revocable TrustOwner