March 5, 2020
84.02 Surveyed Acres of O'Brien County Farmland at Auction Thursday, March 5, 2020 @ 10:30 AM Frances M Florine Living Trust The NW 1/4 of Section 24-94-39, expect 6 exceptions; Parcels A, B, C, M, N and page 27 of plat book 1, O'Brien County, Iowa (Parcel P) Auction to be held at the R.L. Johannsen Center Location: From the east edge of Sutherland, IA go 1/2 mile east on 465th St, then 1/2 mile south on Walnut Ave, then 3 1/2 miles east on 470th St and 1 mile south on Yew Ave. OR from Peterson, IA go 3 miles NW on 492nd St. Signs Posted! Live and Online Bidding! General Description: Selling will be 84.02 surveyed acres of farmland in Waterman Twp, O'Brien County, IA. The tillable acres are level to gently sloped. According to the FSA office there are 77.38 tillable acres with the remainder comprised of roads and ditches. The soil types consist of the Galva, Primghar, and Marcus Series. The average CSR 1 is 74.5 and CSR 2 is 97. The farm is leased for the 2020 crop year. Lease payment of $23,214 will be paid to the purchaser at time of closing. Brief Legal Description: The NW of Section 24-94-39 (Parcel P), except Parcels A, B, C, M, N and Page 27 of Plat Book 1, Waterman Twp, O'Brien County, Iowa. Property contains 84.02 surveyed acres. Farm Corn Base/Corn Yield: The corn PLC yield is 157 bushels and the soybean PLC yield is 45 bushels. The corn base is 58.05 acres and the soybean base is 19.33 acres. Real Estate Taxes: Sellers will pay all taxes due in October 2020 as well as any prior real estate taxes. The estimated net real estate taxes are $2,164 per year. Method of Sale: Bid price per acre times 84.02 surveyed acres via live and online auction simultaneously. Terms: 10% down on the day of the auction. The balance will be due on April 14, 2020. A late charge will apply for buyers delaying the closing. The abstract 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. Successful online bidder will be notified at the conclusion of the auction. 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. Possession: April 14, 2020. (Subject to a lease set to expire Feb 28, 2021-lease payment for the 2020 crop year of $23,214 will be paid to the purchaser at time of closing). Auctioneer's Note: Hi Folks! Here's a great opportunity to purchase a nice farm east of Sutherland, IA. This farm has the great Galva/Primghar/Marcus series of soil on the tillable acres. The farm sells from the R.L. Johannsen Community Center in Sutherland on the 5th of March. If we can assist you in any way, please contact us and thanks for your interest in this farm. Rich, Todd, Levi, and Brent 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. Any announcements made the day of the auction will supersede this advertisement.