Bidding Notice:
This property is being sold "as-is" "where-is". Information contained within this advertising was received from sources deemed to be reliable, however no warranties are provided by the auction company regarding these. All prospective bidders are encouraged to take whatever steps necessary to satisfy themselves regarding the sizes, condition, real estate taxes and all other information provided ... Show More
Auction Information
| Name | BDJ Farmland Auction |
|---|---|
| Auctioneer |
Vander Werff & Associates
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| Type | Live Webcast Auction |
| Date(s) | 7/1/2024 - 8/29/2024 |
| Location |
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| Buyer Premium | no buyers premium |
| Description |
198.02 ACRES IN LOGAN TOWNSHIP, SIOUX CO, IA AT AUCTION
Thursday, August 29, 2024 @ 10:30 AM
BETWEEN HAWARDEN & CHATSWORTH, IA
The NE ¼ excluding hog site and acreage in Section 27-94-48
A Fractional tract in the S ½ SE 1/4 excluding the acreage in Section 22-94-48
Logan Twp, Sioux County, Iowa
***Auction to held at the Farm Site***
BDJ Inc.
Location: From Hawarden, IA go 2 miles south on Hwy 12 then 1/4
mile east on 480th St then 1 mile south on Birch Ave.
Auction signs will be posted.
Tract 1 General Description: Selling will be 63.16 surveyed acres of Logan Twp, Sioux Co farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Galva, Radford-Judson, Judson and Ida series. The farm has an estimated average CSR 1 of 56.7 and a CSR 2 of 82.2. According to the FSA office the farm has approx. 59.55 cropland/ tillable acres with the remainder as grass-way, CRP, road and ditch. New buyers will be responsible for putting in any driveways.
Brief Legal Description: Parcel C in NE 1/4 Excluding Parcel B in Section 27-94-48, Logan Twp, Sioux Co, IA. Property contains 63.16 surveyed acres.
Corn Base/Corn Yield on Entire Farm: The corn PLC yield is 138 bushels and the soybean PLC yield is 42 bushels. The corn base is 62.76 acres and soybean base is .92 acres.
Tract 2 General Description: Selling will be 134.86 surveyed acres of Logan Twp, Sioux Co farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Galva, Ida, Judson, and Radford-Judson series. The farm has an estimated average CSR 1 of 56 and a CSR 2 of 78.6. This tract is currently all enrolled in the CRP program with 1.76 acres as tree line west of the acreage site and remainder as road and ditch.
Brief Legal Description: Parcel C in SE 1/4 Section 22-94-48 and Parcel D in NE 1/4 Section 27-94-48, Logan Twp, Sioux Co, IA. Property contains 134.86 surveyed acres.
CRP: There are currently 133.26 acres enrolled in the CRP program. Most of these acres are from tract 2 with a few from tract 1. The exact acres and the split of the payments will be decided by the FSA office after the auction. The first contract is for 128.26 acres at $388.16 per acre set to expire 9-30-26 the second contract is for 5 acres at $300 per acre set to expire 9-30-27. See maps and contracts for more specifics. The CRP payment for the 2024 crop year will remain with the sellers.
Farm Real Estate Taxes on Entire Farm: Sellers will pay all real estate taxes which would become delinquent if not paid by October 1, 2024, as well as all prior taxes. The estimated net annual real estate taxes on tracts 1 and 2 are $5,592.
Method of Sale: Tracts 1 and 2 will be sold as choice of tracts with the highest bidder having the option to take one tract or both tracts. Then the auction will be concluded or we will sell the remaining tract.
Terms: 10% down upon conclusion of the auction. A late charge will apply for buyers delaying the closing. The abstracts 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. 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. Exact legal descriptions will be according to the survey.
Possession/Closing: October 10, 2024 (Subject to current lease which will expire March 1, 2025)
Company Note: Check out this great Sioux County, Iowa farmland. There are 59.55 tillable acres and 133.26 income producing CRP acres. We are pleased to be working with the family of BDJ, Inc. This will be offered via live and online simultaneous bidding on Thursday, August 29, 2024 from the farm site. Check out our website at www.vw72.com for additional information. We thank you for your interest. If you have any questions please give us a call. Levi, Rich, Todd, and Shannon
Note: This farms 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. Not responsible for accidents. Any announcements made the day of the auction will supersede this advertisement.
Vander Werff & Associates, Inc
Sanborn, IA 51248
www.vw72.com
Are you looking to sell give one our expert auctioneers a call today! 712-729-3264
Todd Hattermann 712-348-0111
Rich Vander Werff 712-261-0298
Shannon Rydberg 850-712-7041
Levi Mouw 712-441-6898
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Terms and Conditions
Terms and Conditions
Auction Terms & Conditions
All registered bidders must provide a letter of credit from a banking institution 24 hours prior to the start of the auction.
Vander Werff & Associates and its Employees act merely as agents for sellers. All final bids are subject to the seller's approval. While the information we offer on item(s) is deemed accurate, no warranties are expressed or implied. Information on items is attained by us from the sellers and you agree to hold Vander Werff & Associates and their Employees harmless for any errors or oversights regarding the item(s) being sold. This information comprises but is not limited to year, model, hours, condition, options, structures, unintentional errors in cataloging, authenticity or imperfections not precisely noted and other data pertinent to the value of the item. Buyers are responsible for conducting their own examination or by a third party, during Open Houses/Inspection periods. The winning bidder will be notified via email from the Auction Company. Printed or verbal statements made by the auction company are matters of belief and are made in good faith. ALL ITEMS ARE SOLD AS-IS WHERE-IS.
Online auctions have a scheduled open and close date and time. Upon your accepted bid of an article, that article shall instantly become your responsibility and be at your risk (whether you have paid for that item or not). You agree that Vander Werff & Associates, its employees, and their sellers are not responsible for lost, stolen or damaged items and will not reimburse or discount items for any theft or damages. Buyers are accountable for any costs incurred to prepare their item(s) for transport. This includes but is not necessarily limited to the cost of any load out, disassembly, or transport and any/all other costs related to physical transfer of their item(s). Buyers are required to pick up sold items on scheduled pickup dates selected by the Auction Company.
If payment is not made by scheduled pickup day, all purchases due will be charged to your credit card and subject up to a 3.5% fee. You further understand and agree that failure to remove items in the stated time could result in storage, removal fees and/or forfeited to the Auction Company.
By using our online auction service you are entering into a legally binding contract to purchase said item(s). Bids may not be cancelled or withdrawn for any reason. You acknowledge that the internet may be an undependable and an error prone network. Vander Werff & Associates will not guarantee that bids placed online will be conveyed to or received by the auctioneer in an appropriate time frame. You agree to hold Vander Werff & Associates and their employees harmless for any disruptions in bidding and/or auction software. The auction company shall not be held responsible for any missed bids. Further, the auctioneer has the right to accept or refuse any bid(s) at their discretion. Vander Werff & Associates retains the right to add, delete or change some or all of our online services as well as the terms and conditions without notice. Please check back and review auction terms frequently.
Bidder responsibilities are but not limited to the following:
All bidders must provide their name, email address, phone number, address at which they can be contacted for communication between Vander Werff & Associates throughout any transaction or auction.
Bidders will be accountable and must obey any and all local, state and federal laws any/all violations will result in conclusion of bidding and website use privileges with this auction company. All bidders must be liable to provide appropriate forms of payment for items bought.
Bidders recognize that this auction has live and online bidding simulataneously. The final bidding will close and remain closed as the auctioneer sells the item. A bidder can place a maximum bid on one or more lots. The current bid price does not automatically go to the max bid. When another bidder increases the current bid then the computer will automatically increase the bid in the increment specified until reaching your max bid.
When paying within the stated time our acceptable payment methods are cash, check, bank wire or credit card. If a credit card is used, your account will be charged up to a 3.5% convenience fee. If paying by bank wire there will be a $10 incoming wire fee. No items will be released until paid in full. All sales are final.
Bid Increments
Your bid must adhere to the bid increment schedule.
| Bid Amount | Bid Increment |
|---|---|
| 0.00 - 9,999,999.99 | 500.00 USD |
Payment Information
| Currency | USD |
|---|---|
| Buyer Premium | no buyers premium |
| Payment Terms |
Cash
Check
Bank Wire
Credit Card
In the event you are the high bidder, you will be contacted by Vander Werff & Associates, inc via email. Payment is due upon completion of auction.
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Shipping / Pick Up
Terms: 10% down on the day of the auction. The balance will be due on October 10, 2024.
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