Zomer Company
YOUR LAND & AUCTION COMPANY

Serving IA, SD, NE & MN            712.476.9443     info@zomercompany.com

Zomer Company
  • Sold

February 27, 2018 @ 10:30 A.M.---Live Auction of 226.02 Acres Of Liberal TWP Lyon County IA Farmland To Be Sold In Two Tracts--Tract 1: 113.92 acres--Tract 2: 112.10 Acres---Marian B. Kruse Trust—Owners---Tract 1 Sold For $13,350.00 Per Acre!!!!----Tract 2 Sold For $14,350.00 Per Acre!!!! Thanks to all the bidders!!!!!

Auction Date:   February 27, 2018 - 10:00 am
  • George
  • Lyon County
  • IA

Upcoming Live Public Prime Farmland Auction

Of 226.02 Acres of Liberal Twp, Lyon County, IA. High Quality Farmland

To be sold in 2 separate tracts

Tract 1: 113.92 Acres —Tract 2: 112.10 Acres

Located North West of George, IA.

Tuesday, February 27,2018 @10:30 A.M.

Location: From Jurren’s Funeral Home on the North edge of George go 5 miles North on Kennedy Ave. to 160th St. then go 2 miles west on 160th St to Jay Ave and then go ¼ mile South to beginning of tract 1 on Jay Ave. Tract 2 lies south of Tract 1. Both tracts lie on the West side of Jay Ave. Auction signs will be posted! Auction will be held at site of land.  For inclement weather watch zomerauctions.com

“Your Farmland Specialists” zomerauctions.com

Auctioneers Note: We are honored to offer this farmland for the Marian B. Kruse Trust. This is very highly productive farmland and has been in their family for decades and therefore offers a once in a lifetime opportunity! This land is extremely high quality and high caliber and would make a great long term investment or be a great addition to your current farming operation. Farmland of this caliber in this area is rarely offered for sale!! Make plans today to attend!

Legal Description of Tract 1: Parcel D in the E1/2 of Section 9, Township 99, North, Range 44, West of the 5th P.M., Lyon County, IA. Subject to all public roads and easements of record.

General description of Tract 1: According to the survey, this property contains 113.92 gross surveyed acres. According to survey, this farm contains approx. 112.01 tillable acres with the balance in road and ditch. This farm is an excellent tract of farmland and has no waterways or terraces and is farmed in ½ mile rows. This farm has a corn base and soybean base combined with tract 1 with a PLC yield of 184 bu on corn and with a PLC yield of 50 bu on beans. FSA will do a reconstitution on base acres after farm is sold. This farm is in the ARC County Farm Program. This farm is classified as non-hel. The predominant soil types include: 310, B, B2-Galva, 91, B-Primghar, 92-Marcus. The average CSR2 is 97.4 and the average CSR1 is 69.9 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!!!

Legal Description of Tract 2:- Parcel F in the SE ¼ of Section 9, Township 99, North, Range 44, West of the 5th P.M., Lyon County, IA. Subject to all public roads and easements of record.

General description of Tract 2: According to the survey, this property contains 112.10 gross surveyed acres. According to survey, this farm contains approx. 107.60 tillable acres with the balance in road/ditch. This farm is an excellent tract of farmland and has no waterways or terraces and is farmed in ½ mile rows. This farm has a corn base and soybean base combined with tract 2 with a PLC yield of 184 bu on corn and with a PLC yield of 50 bu on beans. FSA will do a reconstitution on base acres after farm is sold. This farm is in the ARC County Farm Program. This farm is classified as non-hel. The predominant soil types include: 310, B, B2-Galva, 91, B-Primghar, 92-Marcus, 733-Calco. The average CSR2 is 94.8 and the average CSR1 is 69.5. 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!!!

Method of sale: Tract 1 will be sold. Then Tract 2 will be sold. Tracts will not be combined. Final Bid Price x Gross Surveyed Acres.

Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are $4,041.28 per year on Tract 1 and $3,976.71 per year on Tract 2.  Seller will pay the 2017 taxes which are due and payable in March and Sept of 2018.

Possession: Possession will be on March 1, 2018.

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 April 6, 2018 when the 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 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. Mike Austin–attorney for sellers.

Marian B. Kruse Trust—Owners           

Auctioneers:

Mark Zomer-712-470-2526—Darrell Vande Vegte-712-726-3428—Gary Van Den Berg-712-470-2068—Blake Zomer-712-460-2552-Tim De Bruin-712-475-3325—

Joel Westra-605-310-6941—Joel Westra Jr.-605-957-5222—Pete Atkins-605-351-9847

 

Listing Agent(s)

Rick Childress
  • Auction Setup Coordinator,
  • Real Estate Agent
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