294.18 +/- ACRES IN O'BRIEN CO, IA @ ONLINE ONLY AUCTION Bidding Begins Wednesday, September 8 Bidding Closes Wednesday, September 15 Closing Times: Tract 1: 5 PM / Tract 2: 5:30 PM / Tract 3: 6 PM / Tract 4: 6:30 PM Tract 1: 70 +/- acres in Section 34-96-40 Center Twp, O'Brien Co Tract 2: 4490 Silver Ave, Paullina, IA 51046. Excellent ranch style home with Morton machine shed, and other out buildings located on a picturesque 4.97 surveyed acres near Paullina! Tracts 3 & 4: 219.21 surveyed acres in Section 31-95-40 Highland Twp, O'Brien Co Angeline Miller Estate Bruce Green, Schultz & Green Law ~ Attorney Location: TRACT 1: From Primghar, IA go 3 miles east on Blacktop B40 then 3/4 miles north on Taft Ave TRACT 2, 3 & 4: 4490 Silver Ave, Paullina, IA (From Paullina go 3 miles east on Hwy 10 and 1 mile north on Hwy 59) Auction signs will be posted. Tract 1 General Description: Selling will be an inside 70 +/- acres of Center Twp, O'Brien Co farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Primghar, Marcus, Ransom, Sac and Galva series. The farm has an estimated average CSR 1 of 76.2 and a CSR 2 of 97.8. According to the FSA office the farm has 66 cropland/tillable acres with the remainder as wind turbine drive, grass waterway, road and ditch. Brief Legal Descriptions: The S 1/2 NW 1/4 of Section 34-96-40, Center Twp, O'Brien County, IA. Excluding 10 acres in the SW corner. Property contains 70 +/- acres. Corn Base/Corn Yield: Tract 1: The corn PLC yield is 169 bushels and the soybean PLC yield is 48 bushels. The corn base is 40.6 acres and the soybean base is 24.2 acres. Wind Turbine Easements: There is a wind turbine with easement on tract 1. The Easement is set to run through 2040. The previous annual payment was $10,213.70 and will increase by approx. 2% per year and all future payments beginning in 2022 will go to the purchaser. Tract 2 General Description: Selling will be a 4.97 surveyed acre acreage near Paullina, IA. This acreage has a great location on Hwy 59. The ranch style home consists of 3-bedrooms, large kitchen with lots of storage (appliances included), 2-bathrooms, four-season room, dining room, and main floor laundry; the basement is 75% finished with 2-non-conforming bedrooms, kitchenette, bathroom, rec room, laundry hookup, central vac, 200 amp breaker box, 60 gal electric hot water heater, Heil forced air furnace, central air, and sump pump; the exterior of the home has asphalt shingles, vinyl siding, nice rear patio, attached single garage with nice landscaping. The acreage building site consists of a pole metal Morton machine shed (60'x90', built in 1980), 3) metal grain bins, 24'x19' dryer bin (approx. 6,750 bu - built in 2002), 24'x16' dryer bin (approx. 4500 bu - built in 1975), 30'x19' storage grain bin (10,500 bu - built in 1978), 24'x32' granary (12,800 bu), 2) 1,000 gal propane tanks, small dumpster, and 2) other older buildings. There is a 110' well not in-use on the property. It currently is using rural water. Brief Legal Descriptions: 4490 Silver Ave, Paullina, IA 51046; A tract located in the SW corner of the SW 1/4 of Section 31-95-40 referred to as Parcel D, Highland Twp, O'Brien County, IA. Property contains 4.97 surveyed acres. Tract 3 General Description: Selling will be 130.71 surveyed acres of Highland Twp, O'Brien Co farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Primghar, Marcus, Sac, Galva, Colo, and Afton series. The farm has an average CSR 1 of 72.8 and a CSR 2 of 92.4. According to the FSA office the farm has 126.77 cropland/tillable acres with the remainder as waterway, road and ditch. Brief Legal Descriptions: A tract in the S 1/2 of Section 31-95-40 west of the waterway referred to as Parcel E, Highland Twp, O'Brien County, IA. Property contains 130.71 surveyed acres. Tract 4 General Description: Selling will be 88.5 surveyed acres of Highland Township, O'Brien Co farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Galva, Sac, Primghar, and Colo series. The farm has an average CSR 1 of 71.4 and a CSR 2 of 92.6. According to the FSA office the farm has 80.92 cropland/tillable acres with the remainder as waterway, road and ditch. Brief Legal Description: A tract in the S 1/2 of Section 31-95-40 east of the waterway referred to as Parcel F, Highland Twp, O'Brien County, IA. Property contains 88.5 surveyed acres. Tracts 3 & 4: Corn Base/Corn Yield: Tracts 3 & 4 Combined base and yield / FSA office will determine division of the base and yields: The corn PLC yield is 169 bushels and the soybean PLC yield is 48 bushels. The corn base is 114.9 acres and the soybean base is 92.8 acres. Tracts 3 & 4: Wind Turbine Cable Easement: There is a wind turbine cable easement set to expire in 2040 that runs in a portion of the farms. The previous annual payment for tract 3 was approx. $1912 and tract 4 was approx. $1295 and will increase slightly per year with all future payments beginning in 2022 will go to the purchaser. TILE MAPS AVAILABLE Farm Real Estate Taxes: Sellers will pay all real estate taxes which would become delinquent if not paid by October 1, 2022, as well as all prior taxes. The estimated net annual real estate taxes are: Tract 1: $1,994 / Tract 2: 1,812 / Tract 3: $2872 / Tract 4: $1944 Method of Sale: All 4 tracts will be offered via online only auction and will be sold independently. Each tract will have soft close allowing each bidder to get their bids in. Closing times will be as follows: Tract 1: 5 PM; Tract 2: 5:30 PM; Tract 3: 6 PM; Tract 4: 6:30 PM. SALE PRICE OR TRACTS 1, 3 AND 4 WILL BE BID PRICE TIMES ACRES / SALE PRICE FOR TRACT 2 WILL BE BID PRICE!!! Open House: There will be an open house on September 8, from 5-7 PM. 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. Possession/Closing: Tract 2 / Acreage: November 1. Tracts 1, 3, & 4: December 1 (Subject to current lease which will expire on February 28, 2022) Company Note: We are pleased to offer these nice O'Brien County farms on behalf of the Angeline Miller Estate! This will be an 'ONLINE ONLY AUCTION'! This method offers you the opportunity to bid at your convenience any time of the day or night. Go to our website: www.vw72.com for instructions on how to register and bid. If you have any questions regarding the online bidding, please give us a call at 712-729-3264 or email us as at auctions@tcaexpress.net. There will be an open house on September 8, from 5-7 PM. Thanks for your interest, have fun bidding and please call if we can assist you in any way! Rich, Todd, Levi and Shannon 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. Additional terms and conditions are posted on line. Potential bidders must agree to these terms and conditions prior to registering and bidding. Online announcements will supersede any written advertising information. Letter of credit required before bidding approval will be given. View our website for more info or to register to bid www.vw72.com Vander Werff & Associates Sanborn, IA 51248 712-729-3264 Rich Vander Werff 712-261-0298 Todd Hattermann 712-348-0111 Levi Mouw 712-441-6898