Lot # : 1 - Tract 1: 139.42 acres in Dale Twp, O'Brien Co

Live Webcast Auction
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Price Realized:
14,500.00 USD
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Price Realized 14,500.00 USD
Date Sold 2024-09-27T00:00:00
Paullina, IA 51046
Date(s)
7/10/2024 - 9/27/2024
AUCTIONEER INFORMATION
Catalog
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

Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead Tract 1: 139.42 acres in Dale Twp, O'Brien Co
Description
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.
Name Koester Farmland Auction
Auctioneer
Vander Werff & Associates
Type Live Webcast Auction
Date(s) 7/10/2024 - 9/27/2024
Location
Auction to be held at the Paullina American Legion Buiding
Paullina, IA 51046
Buyer Premium no buyers premium
Description
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
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.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium no buyers premium
Payment Terms
Cash Check Bank Wire Credit Card with 3.5% service fee 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.
Terms: 10% down on the day of the auction. The balance will be due on November 14, 2024.