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Koester Farmland Auction
Vander Werff & Associates \| Paullina, IA 51046
Date(s) :	7/10/2024 - 9/27/2024
Buyer Premium :	no buyers premium

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179.42 ACRES IN DALE & UNION TOWNSHIP, O'BRIEN CO, IA AT AUCTION Friday, September 27, 2024 @ 10:30 AM NEAR PAULLINA, IA Tract 1: A tract in the Frl SW 1/4 in Section 31-95-41, Dale Twp, O'Brien Co, IA. Property contains 139.42 surveyed acres. CSR 2: 89.8 Tract 2: A part of the Frl N 1/2 in Section 18-94-41, Union Twp, O'Brien Co, IA. Property contains 40 surveyed acres. CSR 2: 91.9 ***Auction to held at the Paullina American Legion Building*** Weber Koester Estate Jeff Queck; Attorney ~ Queck Law Location: Tract 1: From Paullina, IA go 3 miles west on Hwy 10 and 1 mile north on Oriole Ave. Tract 2: From Paullina, IA go 2 miles west on Hwy 10, then 1 mile south on Pierce Ave and 1/2 mile west on 470th St. Auction signs will be posted. Tract 1 General Description: Selling will be 139.42 surveyed acres of Dale Township, O'Brien County farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Galva, Colo, Sac, Calco, Primghar and Marcus series. The farm has an estimated average CSR 1 of 70.8 and a CSR 2 of 89.8. According to the FSA Office the farm has approx. 122.63 cropland/ tillable acres with the remainder as grass-way, CRP, road and ditch. Brief Legal Description: A tract in the Frl SW 1/4 in Section 31-95-41, Dale Township, O'Brien County, IA. Property contains 139.42 surveyed acres. Corn Base/Corn Yield: The corn PLC yield is 179 bushels, the soybean PLC yield is 53 bushels and the oats PLC yield is 85 bushels. The corn base is 61.10 acres, the soybean base is 53.20 acres and the oats base is 1.50 acres. CRP: There is currently 9.84 acres enrolled in the CRP Program receiving an annual payment of $234 per acre. The contract is set to expire 9-30-2030. The 2024 crop year payment will remain with the sellers. Farm Real Estate Taxes: 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 tract 1 are $4,018 per year. Tract 2 General Description: Selling will be 40 surveyed acres of Union Township, O'Brien County farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Galva, Calco, Primghar and Sac series. The farm has an estimated average CSR 1 of 69.3 and a CSR 2 of 91.9. According to the FSA Office the farm has approx. 37.14 cropland/tillable acres with the remainder as grassland, road and ditch. Brief Legal Description: A part of the Frl N 1/2 in Section 18-94-41, Union Township, O'Brien County, IA. Property contains 40 surveyed acres. Corn Base/Corn Yield: The corn PLC yield is 179 bushels and the soybean PLC yield is 53 bushels. The corn base is 17.40 acres and the soybean base is 17.80 acres. Farm Real Estate Taxes: 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 tract 2 are $1,254 per year. 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: November 14, 2024 (Subject to current lease which will expire March 1, 2025) Company Note: You won't want to miss out on these great O'Brien County Farmland tracts. We are pleased to be working with the family of Weber Koester. These will be offered via live and online simultaneous bidding on Friday, September 27, 2024 from the Paullina American Legion Building. 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. Rich, Todd, Shannon, and Levi Note: These farms are 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

1	Tract 1: 139.42 acres in Dale Twp, O'Brien Co
Tract 1 General Description: Selling will be 139.42 surveyed acres of Dale Township, O'Brien County farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Galva, Colo, Sac, Calco, Primghar and Marcus series. The farm has an estimated average CSR 1 of 70.8 and a CSR 2 of 89.8. According to the FSA Office the farm has approx. 122.63 cropland/ tillable acres with the remainder as grass-way, CRP, road and ditch. Brief Legal Description: A tract in the Frl SW 1/4 in Section 31-95-41, Dale Township, O'Brien County, IA. Property contains 139.42 surveyed acres. Corn Base/Corn Yield: The corn PLC yield is 179 bushels, the soybean PLC yield is 53 bushels and the oats PLC yield is 85 bushels. The corn base is 61.10 acres, the soybean base is 53.20 acres and the oats base is 1.50 acres. CRP: There is currently 9.84 acres enrolled in the CRP Program receiving an annual payment of $234 per acre. The contract is set to expire 9-30-2030. The 2024 crop year payment will remain with the sellers. Farm Real Estate Taxes: 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 tract 1 are $4,018 per year.

2	Tract 2: 40 acres in Union Twp, O'Brien Co
Tract 2 General Description: Selling will be 40 surveyed acres of Union Township, O'Brien County farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Galva, Calco, Primghar and Sac series. The farm has an estimated average CSR 1 of 69.3 and a CSR 2 of 91.9. According to the FSA Office the farm has approx. 37.14 cropland/tillable acres with the remainder as grassland, road and ditch. Brief Legal Description: A part of the Frl N 1/2 in Section 18-94-41, Union Township, O'Brien County, IA. Property contains 40 surveyed acres. Corn Base/Corn Yield: The corn PLC yield is 179 bushels and the soybean PLC yield is 53 bushels. The corn base is 17.40 acres and the soybean base is 17.80 acres. Farm Real Estate Taxes: 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 tract 2 are $1,254 per year.