Description |
Thursday, November 29, 2018
80 +/- acres in Sherman Twp, Sioux County
Sale Time: 10:30 AM
To be sold from the Maurice Community Building - 225 Main St, Maurice, IA
Margaret Posthuma Family
Location: From Maurice, Iowa go 3 miles south on Hwy 75, then 1 east on 500th St then 1/2 south on Harrison Ave. Auction signs will be posted.
General Description: Selling will be an excellent inside 80 +/- acre farm located in Sherman Twp, Sioux County, Iowa. This farm is level to gently sloped and the soil types on the farm consist of the Galva, Primghar, and Afton series. The average CSR-1 on the tillable acres is 68 and the average CSR-2 is 92.7. The farm has 78.41 tillable with the balance consisting of narrow waterway, road and ditch.
Brief Legal Description: N 1/2 SW 1/4 of Section 34-94-45, Sioux County, Iowa. Property contains 80 +/- acres.
Farm Corn Base/Corn Yield: The corn PLC yield is 170 bushels, the soybean PLC yield is 47 bushels. The corn base is 51.34 acres, the soybean base is 27.06 acres.
Real Estate Taxes: Sellers will pay all real estate taxes which would become delinquent if not paid by October 1, 2019, as well as all prior taxes. The estimated net real estate taxes are $2090 per year.
Method of Sale: Bid price per acre times 80 +/- acres via live and online auction simultaneously.
Terms: 10% down on the day of the auction. The balance will be due on January 7, 2019. 2018 crop year lease payments will remain the sellers. A late charge will apply for buyers delaying the closing. The abstract will be continued to date. The buyers will have 10 days from receipt of abstract to have the abstract examined. The sellers guarantee a clear and marketable title on the property. The owners reserve the right to reject any and all bids. Successful online bidder will be notified at the conclusion of the auction. Online bidders must agree to these terms and conditions as well as online conditions prior to registering and must be verified 24 hours prior to start of auction.
Possession: January 7, 2019 (Subject to current lease which will expire February 28, 2019).
Auctioneer's Note: This is an excellent inside 80 +/- acre farm near Maurice, Iowa. We thank the Posthuma family for allowing us to handle this auction for them. Remember the farm sells from the Maurice Community Building. More information as well as an aerial video is posted on our website at www.vw72.com. Thanks for your interest and if we can help you, please give us a call. Rich, Todd, Levi, and Brent
Note: This farm is being sold "as is." While every effort has been made to ensure the accuracy of the information herein provided, no warranty is given and no responsibility is assumed by the auction company, the auctioneers, the seller or their agents concerning condition of the property, the corn bases, corn yields or other supplied information. Property is being sold subject to any easements, including road, drainage, utility or other easements of record. All prospective purchasers are encouraged to inspect and verify information provided herein. Vander Werff & Associates Inc., represent the sellers for this transaction. Any announcements made the day of the auction will supersede this advertisement.
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