Description |
51.24 ACRES IN WATERMAN TWP, O'BRIEN CO, IA AT AUCTION
Wednesday, October 9, 2024 @ 10:30 AM
NEAR SUTHERLAND, IA
Parcel E except Parcel G in the NW 1/4 Section 10-94-39, Waterman Twp, O'Brien County, Iowa
***Auction to held at the R.L. Johannsen Community Building - Sutherland, IA***
Pamela Fuller
Knute W Klinker, Attorney- Smith Grigg Shea & Klinker
Location: From Sutherland, IA go 1/2 mile north on Walnut Ave, then 2 1/4 miles east on B-53 (460th St). Auction signs posted!
General Description: Selling will be 51.24 surveyed acres of Waterman Township, O'Brien County farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Galva, Sac, Primghar and Marcus series. The farm has an
estimated average CSR 1 of 69.9 and a CSR 2 of 95.1. According to the FSA Office the farm has approximately 46.16 cropland/tillable acres with the remainder as 1.72 acres of CRP, trees, road and ditch.
Brief Legal Description: Parcel E except Parcel G in the N 1/2 of NW 1/4 in Section 10-94-39, Waterman Township, O'Brien Co, IA. Property contains 51.24 surveyed acres.
CRP: There is currently 1.72 acres enrolled in the CRP Program receiving an annual payment of $307.44 per acre. The contract is set to expire 9-30-26. The 2024 crop year payment will remain with the sellers.
Corn Base/Corn Yield: The corn PLC yield is 168 bushels and the soybean PLC yield is 50 bushels. The corn base is 30.58 acres and soybean base is 13.25 acres.
Real Estate Taxes: Sellers will pay all real estate taxes which would become delinquent if not paid by October 1, 2025, as well as all prior taxes. The estimated net annual real estate taxes are $1,598.
Method of Sale: Bid price per acre times 51.24 surveyed acres sold simulcast via live and online bidding.
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 20, 2024 (Subject to current lease which will expire March 1, 2025)
Company Note: Check out this great O'Brien County Farmland near Sutherland, IA. We are pleased to be working with the Pamela Fuller on this great auction. This farm will be offered via live and online simultaneous bidding on Wednesday, October 9, 2024 from the R.L. Johannsen Community Building - Sutherland, IA. 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: 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. 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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