Upcoming High Quality Farmland Auction Of 84+/- Acres Of Farmland Located In Sheridan TWP, Sioux County, IA!

Located West Of Boyden, IA & East Of Hull, IA!

These Farms Are Located In A Great Area!

This Tract Of Land Will Be Sold In Two Separate Tracts!

Tract 1: 49+/- Acres — Tract 2: 35+/- Acres

Location:  From the “Brew” gas station in Boyden, IA on HWY 18 go West on HWY 18 for 1 1/4 mile to Tract 1. Tract 1 is located on the South side of HWY 18. For Tract 2 Go West from the “Brew” gas station in Boyden, IA on HWY 18 for 1 mile to Jefferson Ave. then go 1/4 mile South on Jefferson Ave. Tract 2 is located on the West side of Jefferson Ave. Tracts 1 and 2 adjoin each other. Auction to be held a the site of Tract 1. Watch zomercompany.com for inclement weather!

Sale Date: December 18, 2023 @10:30 A.M.

zomercompany.com

Auctioneers’ Note: We are honored to represent the Post Family in offering at auction these two excellent tracts of high quality Sioux County, IA farmland! These farms are located in a fantastic area where farms are not always offered for sale! Land is an excellent long term investment! Call an auctioneer today to receive a full informational packet!

Abbreviated Legal Description of Tract 1: The fractional NE1/4 of the NE1/4 and the East portion of the NW1/4 of the NE1/4 and a fractional portion of the SW1/4 of the NE1/4 and a fractional portion of the SE1/4 of the NE1/4, all located in Section 34, TWP 97N, Range 44W, Sioux County, IA all lying East of the creek. To be surveyed.. Subject to all easements and public roads of record.

General Description of Tract 1: According to the Sioux County Assessor, this property contains 49+/- gross acres. According to FSA, this farm contains approx. 47.4+/- tillable acres of which approx. 4.90+/- acres is currently enrolled in CRP with an annual payment of $2,150.85 with a contract end date of 9-30-2025 with the balance in road/ditch. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 185bu on corn and a PLC yield of 51bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 310B, B2-Galva, 91, B-Primghar, 733-Calco. The average CSR1 is 68.8. The average CSR2 is 90.1. This is a powerful offering of Sioux County, IA land! Land for generations has proven itself to be an excellent investment!

Abbreviated Legal Description of Tract 2: The fractional SE1/4 of the NE1/4 and the fractional NE1/4 of the NE1/4, all located in Section 34, TWP 97N, Range 44W, Sioux County, IA all lying West of the creek. To Be surveyed. Subject to all easements and public roads of record.

General Description of Tract 2: According to the Sioux County Assessor, this property contains 35+/- gross acres. According to FSA, this farm contains approx. 34.21+/- tillable acres of which approx. 6.61+/- acres is currently enrolled in CRP with an annual payment of $2,901.45 with a contract end date of 9-30-2025 with the balance in road/ditch. This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 185bu on corn and a PLC yield of 51bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 733-Calco, 310, B, B2-Galva, 91-Primghar, 31-Afton, 92-Marcus. The average CSR1 is 70.5. The average CSR2 is 89.2. This is a powerful offering of Sioux County, IA land! Land for generations has proven itself to be an excellent investment!

Method of sale: Auction will be held at the site of the farmland.  Farmland will be sold with the final bid price x the final gross surveyed acres. Auction will be held at the site of the farmland. Tracts will be sold in the choice method and the top successful bidder of the round of choice will have the option to select one of the tracts or both of the tracts. If the top bidder selects only one tract then whichever tract is remaining will then be sold.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $2,440.00 per year combined on Tracts 1 & 2. Seller will pay the 2023 taxes which are due and payable in March and Sept of 2024.

Possession: Full possession will be on March 1, 2024. This land is available to farm for the 2024 crop year!

Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day which will be on or before January 22, 2024. Buyer shall receive a clear and merchantable title to the property on closing day. This farm is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. All buyers are encouraged to do buyer’s due diligence. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to IA statues. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. Buyer agrees to accommodate the sellers with a 1031 exchange. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Thadd Cosgrove—Attorney for sellers.

Harold & Everly Post—Owners

Auction Company: Zomer Company—www.zomercompany.com—712-476-9443

Mark Zomer-712-470-2526—Darrell Vande Vegte-712-470-1125— Gary Van Den Berg-712-470-2068

Blake Zomer-712-460-2552—Joel Westra—605-310-6941—Ivan Huenink-712-470-2003—Gerad Gradert-712-539-8794

Bryce Zomer-712-451-9444

Zomer Company Auctions welcomes you to our current and future auctions.
Please carefully read the terms listed below. Thank You!

Zomer Company Auctions, its Employees and representatives (hereinafter “Company”) act merely as agents for Seller(s). All final bids are subject to the Seller's confirmation. The top bidder will be contacted as to the status of his/her bid. While the information we provide on item(s) is deemed correct, no warranties are expressed or implied and you agree to purchase and accept the property in an as-is condition. Information on the property is obtained by us from the Seller(s) and other sources and you hereby agree to hold harmless Company for any errors or omissions regarding the property being sold. This information includes but is not limited to physical condition, features, inadvertent errors in cataloging, authenticity or imperfections not specifically noted and other data pertinent to the value of the item. Buyers are responsible for conducting their own inspection during Open Houses/Inspection periods or by appointment. Printed or verbal statements made by Company are matters of opinion and are made in good faith. Any announcements posted the day of the auction or announced at the live auction take precedence over all prior advertisements.
 
You acknowledge that you have the right and responsibility to inspect the property personally, or to have a third-party representative inspect the property for you. That by bidding on the property you have agreed to accept that property in its present condition with the description provided whether accurate or not.

Auction Close: Upon the completion of an auction and notification from the auction company to the buyer of the acceptance of the buyers bid by the seller. The buyer does hereby agree to immediately enter into a purchase agreement with the terms stated and shall immediately provide the earnest money deposit due.

These terms and conditions and any dispute arising out of or related to an auction shall be governed by and construed and enforced in accordance with the laws of the State of Iowa. Any legal action must be brought in Sioux County, Iowa, or another jurisdiction of Company’s choosing. Buyer agreed to abide by the laws of the State of Iowa.

When using our online auction services you are making firm commitments to purchase said property and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason.  Fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. Buyers also acknowledge that the Internet may be an unreliable and error prone network. Company does not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion or that current bid shown is accurate. Buyers agree to hold Company harmless for any interruptions of online bidding. Further, Company has the sole discretion to accept or refuse any bid. Company retains the right, at Company’s sole discretion, to add, delete or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice. Please review auction terms often.

Bidder/Buyer responsibilities include but are not limited to the following:

All Buyers must provide their name, email address, daytime phone number and physical address at which they can be contacted for timely and accurate communication between Company and Buyer throughout any transaction or auction. Failure to maintain accurate and current contact information on Buyers account may lead to suspension of their account access until current contact information is provided to Company. All Buyers must provide valid credit card information, wire information or proof of funds if requested.

Buyers shall obey any and all local, state and federal laws and any and all violations of the same will result in termination of bidding and website use privileges with Company.

The final bidding will close and remain closed and no adjustments shall be made after closing.

Bidders acknowledge that online only auctions have an auto extend feature that means the auction will not close until all bidding parties are represented and satisfied. A bidder can place a max bid on one or more lots. The current bid price does not automatically go to the max bid unless the bidder selects to raise the bid to that price immediately by selecting the raise bid option. When another bidder increases the current bid then the computer will automatically increase the bid in the increment specified reaching your max bid only by ongoing bidding activity.

Company reserves the right to reject any and all bids for any reason. Company shall not be held responsible for any missed bids. All auctions are subject to the sellers confirmation.

Bidder shall be held liable for all bids placed from the bidders account.

Bidder acknowledges that some tracts may be sold in total dollars and some may be sold per acre. The tracts sold per acre shall be the purchase price times the gross acres of the property sold. Bidder acknowledges that the online platform may not always show the tenths of an acre sold however bidder acknowledges that the purchase price will still be calculated using the total gross acres of the tract being sold including the tenths even if they are not displayed.