Upcoming Live Public Prime Farmland Auction
Of 163.79 Acres of Rock Twp, Lyon County, IA. Prime Farmland
To be sold in 2 separate tracts
Tract 1: 81.57 Acres–Tract 2: 82.22 Acres
Located South East of Rock Rapids, IA.
Thursday January 25, 2018 @10:30 A.M.
Location: From the East edge of Rock Rapids, IA at the junction of K52 and Highway 9 go 3 miles East on Highway 9 to K60/Indian Ave and then go 2 ½ miles South on Indian Ave. Farmland is located on the West side of K60/Indian Ave.
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Legal Description of Tract 1- Parcel E in the SE1/4 and Lot 1 in Parcel C in the SE ¼ all in Section 13, Township 99, North, Range 45, West of the 5th P.M., Lyon County, Iowa.
General description of Tract 1: According to the survey, this property contains 81.57 gross acres. According to survey, this farm contains approx. 80.02 tillable acres with the balance in road/ditch. This farm is an excellent tract of farmland and has no waterways or terraces and is an inside 80 acre tract which has road on 1 side and is farmed in ½ mile rows. This farm has a corn base of 40.10 acres with a PLC yield of 182 bu on corn and a soybean base of 40.10 acres with a PLC yield of 47 bu on soybeans. This farm is in the ARC County Farm Program. This farm is classified as non-hel. The predominant soil types include: 310, B, C2-Galva, 133-Colo, 91, B-Primghar, 92 Marcus. The average CSR2 is 92.5 and the average CSR1 is 65.4. 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. Possession of this farmland will be on March 1, 2018. Make plans today to attend this auction!!! This tract of farmland is owned by the Doan Rosil King Family Trust.
Legal Description of Tract 2: Parcel D in the SW 1/4 and Lot 2 in Parcel C in the SE ¼ all in Section 13, Township 99, North, Range 45, West of the 5th P.M., Lyon County, Iowa
General description of Tract 2: According to the survey, this property contains 82.22 gross acres. According to Lyon County FSA, this farm contains approx. 74.05 tillable acres with the balance in grass waterway and access path. This is an excellent tract of farmland. This farm has a corn base of 34.60 acres with a PLC yield of 151 bu on corn and a soybean base of 34.60 acres with a PLC yield of 45 bu on soybeans. This farm is in the ARC County Farm Program. This farm is classified as NON-HEL & HEL. The predominant soil types include: 310B, B2, C2-Galva, 133-Colo, 733-Calco, 91, B-Primghar, 33D-Steinauer. The average CSR2 is 86.5 and the average CSR1 is 61.4. 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. Possession of this farmland will be on March 1, 2019 due to current lease. This farm will have a very attractive lease pro-ration to the buyer. Please call auctioneers for details. Make plans today to attend this auction!!!
Method of sale: Tract 1 will be sold separate. Then Tract 2 will be sold. Tracts will not be combined. Bid x Surveyed Acres.
Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are $2,938.00 per year on Tract 1. Tract 2 Real Estate taxes are $2,782.00 per year. Seller will pay the 2017 taxes which are due and payable in March and Sept of 2018.
Possession: Possession of Tract 1 will be March 1, 2018. Possession of Tract 2 will be on be on March 1, 2019 due to current lease. Buyer will receive first half of the 2018 rent payable at closing and the other half to be paid directly to new buyer on September 1, 2018. This farm has a very attractive lease proration to the buyer. Please call auctioneers for details.
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 February 26, 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.
Doan Rosil King Family Trust & Gail Rucci LivingTrust –Owners
Jennifer Wippert–attorney for sellers.
Darrell Vande Vegte-712-726-3428
Gary Van Den Berg-712-470-2068
Joel Westra Jr.-605-957-5222
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- Listing Status: Sold