Upcoming Public Lyon County, IA Farmland Auction
of 139.93 acres to be sold at Public Auction
located in Logan Twp.
Farms will be sold in Two Separate Tracts
Thursday November 10, 2016 @ 10:30 A.M
From Alvord, IA go approx 3 ½ miles West on Blktop A-34/210th St. to Dipper Ave. then go North 1 3/4 miles to Tract 2 and Tract 1 is located approx. ¼ mile East of Tract 2 on 190th St
Auction signs will be posted! Auction will be held at site of tract 1
"The Farmland Specialists"
Auctioneers Note: We are honored to present these 2 Lyon County, IA—Logan Twp tracts of farmland at Public Auction for the Bonestroo Family Trust. This family has owned these farms for decades and is now offering them at public auction on Nov 10, 2016. These farms are located within ¼ of a mile of each other and would make an excellent investment or addition to anyone’s farming operation. It is hard to find land that is located in the same locale –make plans today to attend!!
Abbreviated Legal Description of Tract #1: The N ½ of the NW ¼ of Section 26, Twp 99N, Range 47W of the 5th P.M. Lyon County, IA. -EXCEPT Lot 1 as shown by plat recorded in Plat Book 5 at page 280 of the Lyon County Recorder-sold subject to public roads and any/all easements of record.
General description of Tract #1: According to the Lyon County Assessor & survey, this property contains 66.06 gross acres. According to Lyon County FSA, this farm contains 65.70 tillable acres with the balance in road/ditch. This farm is a nice tract to farm and has road on 1 side. This farm has a corn base of 32.9 acres with a PLC yield of 170 bu and a soybean base of32.8 acres with a PLC yield of 46 bu. 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 CSR2 is 66.7 and the average CSR1 is 56.1 according to Agri Data. This farm appears to have a good state of productivity and is well managed. This farm is nearly 100% tillable except for road and ditch. This farm’s topography is nearly level to gently rolling and is an excellent producer. This is a desirable piece of Farmland—Make plans today to attend this auction!!!
Abbreviated Legal Description on Tract #2: The East ½ of the NE ¼ of Section 27, Twp 99N, Range 47W of the 5th P.M. Lyon County, IA. EXCEPT for Parcel A in Book 10 page 68 and Parcel B in Book 13, page 18 recorded in 1998 in the office of the Lyon County Recorder.-Subject to public roads/Hwy’s and any/all easements of record.
General Description of Tract #2: According to the Lyon County Assessor & survey, this property contains 73.87 gross acres. According to Lyon County FSA, this farm contains 71.89 tillable acres with the balance in road/ditch. This farm is a nice tract to farm and has road on 2 sides. This farm has a corn base of 36.1acres with a PLC yield of 170 bu and a soybean base of 34 acres with a PLC yield of 46 bu. This farm is in the ARC County Farm Program. This farm is classified as highly erodible and is contoured farmed. The predominant soil types include: 410B, 410B2, 410C2, 410D2-Moody, 430-Ackmore, 133-Colo and 92-Marcus. The average CSR2 is 67.1 and the average CSR1 is 56 according to Agri Data. This farm appears to have a good state of productivity and is well managed. This farm is nearly 100% tillable except for road and ditch. This farm’s topography is nearly level to gently rolling and is an excellent producer.—Make plans today to attend this auction!!!
Method of sale: Tract 1 will be sold as 66.06+/-acres and then Tract 2 will be sold as 73.87 acres, tracts will not be combined.
Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are $1542 per year for tract 1 and $1724 per year for Tract 2. The seller will pay the 2016 taxes which are due and payable in March and Sept of 2017.
Possession: Possession of the farmland will be March 1, 2017.
Terms on Tract 1 & 2: Purchaser(s) will be required to pay a non-refundable 15% of the purchase price as earnest money deposit on each farm, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before December 27, 2016 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. 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 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 and court approval. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.
Bonestroo Family Trust–owners
Darrell Vande Vegte-712-726-3428
Gary Van Den Berg-sales-712-470-2068
Joel Westra Jr. 605-957-5222
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- Listing Status: Sold