Nov 14, 2018–Public Auction of 157.25 Acres of Larchwood Twp, Lyon County, IA.  To be sold in 2 separate tracts Tract 1: 80 Acres–Tract 2: 77.25 Acres–Cain Family Farm–Owners—-Tract 1Sold For $16,400.00 Per Acre!!! Tract 2 Sold for $14,250.00 Per Acre!!!!! Thanks to all in Attendance!!!!

Upcoming Live Public Prime Farmland Auction​

of 157.25 Acres of Larchwood Twp, Lyon County, IA. 

To be sold in 2 separate tracts

Tract 1: 80 Acres–Tract 2: 77.25 Acres

Located approx. 1 mile North of Larchwood, IA.

November 14, 2018 @10:30 A.M.

zomerauctions.com " Your Farmland Specialists"

Location: from the ball diamonds on the East end of Larchwood, IA adjacent to Hwy 182 go 1 mile North on Blacktop K16/Chestnut Ave.—Properties are located on the West side of Chestnut Ave

Auctioneers Note: We are honored to conduct this auction for the Baughman / Cain family. This farm has been in their family for over a Century!! This truly presents a once in a lifetime opportunity to purchase this outstanding high quality Lyon County, IA. Farmland. This is an auction you will not want to miss! Auction will be held at the site of the farm. Auction signs will be posted!!

Legal Description of Tract 1– Parcel D in the SE 1/4 of Section 19, Twp 100N, Range 47W of the 5th P.M. Lyon County, IA– As per recorded at book 20 page 11 in office of Lyon County Recorder—Subject to all public roads and easements of record.

 General description of Tract 1: According to the survey, this property contains 80 gross acres. According to survey, this farm contains approx. 76.69 tillable acres with the balance in road/ditch. This farm has road on two sides and is nearly 96% tillable. This farm has a corn  and soybean base which is combined with tract 2 with a plc yield of 161 bu on corn and a PLC yield of 47 bu on soybeans. This farm is in the ARC County Farm Program. This farm is classified as Highly erodible. The predominant soil types include: 410B 410C2-Moody, 910B, 910B2-Trent and 32-Spicer. The average CSR1 is 63.6 The average CSR2 is 68.2. This farm appears to have a good state of productivity and is well managed. This farm’s topography is gently rolling and is an excellent producer. This is an exceptional piece of Lyon County IA Farmland. Make plans today to attend this auction!!! THIS TRACT OF FARMLAND WILL BE SOLD WITH THE FINAL BID PRICE X GROSS SURVEYED ACRES.

Legal Description of Tract 2: Parcel E in the SE 1/4 of Section 29, Twp 100n, Range 47 West of the 5th P.M., Lyon County, IA. –as per recorded at book 20 page 11 in office of Lyon County Recorder—Subject to all public roads and easements of record.

 General description of Tract 2: According to the survey, this property contains 77.25 gross acres. According to survey, this farm contains 75.89 tillable acres with the balance in road/ditch. This farm is nearly 98% tillable. This farm has a corn  and soybean base which is combined with tract 2 with a plc yield of 161 bu on corn and a PLC yield of 47 bu on soybeans. This farm is in the ARC County Farm Program. This farm is classified as Highly erodible.  The predominant soil types include: 410B, 410C2-Moody, 910B-Trent and 430-Ackmore. The average CSR1 57.6 and CSR 2 is 66.8. This farm appears to have a good state of productivity and is well managed. This farm’s topography is gently rolling and is an excellent producer. Make plans today to attend this auction!!!THIS TRACT OF FARMLAND WILL BE SOLD WITH THE FINAL BID PRICE X GROSS SURVEYED ACRES.

Note: This property has had a long term tenant and has been well maintained and has produced excellent yields.

Method of sale: Tract 1 will be sold separate. Then Tract 2 will be sold. Tracts will not be combined. Tracts 1 & 2 will be sold final bid price x gross surveyed acres. Auction will be held at the site of the land.

 Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are approx. $1799.00 per year on Tract 1. Tract 2 Real Estate taxes are approx. $1737.00 per year.  Seller will pay the 2018 taxes which are due and payable in March and Sept of 2019.

 Possession: Possession of both tracts will be March 1, 2019 due to current lease.

 Terms: Tract 1: 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 December 20, 2018 when the buyer shall receive a clear and merchantable title to the property. Tract 2: 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 January 9, 2019 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 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. 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. Paul Kippley–attorney for sellers.

 

 

Cain Family Farm–Owners

 

Auctioneers and Brokers:

Mark Zomer-712-470-2526—-Darrell Vande Vegte-712-726-3428  Gary Van Den Berg-712-470-2068

Blake Zomer-712-460-2552–Joel Westra—605-310-6941—Joel Westra Jr.—605-957-5222

Pete Atkins-605-351-9847

 

 

 

 

 

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  • Listing Status: Sold 
  • Address: Boyden, IA