Rock Valley, IA 51247(Sioux County)

Auctioneers Note: We are honored to represent the Van Holland family in offering at auction this outstanding tract of Sioux County, IA farmland! This farm has been in the Van Holland family for many years and is now for the first time being offered for sale to the public! If you are looking to purchase your first tract of farmland or add an excellent tract of land to your operation or investment portfolio then be sure to take a look at this property!

Abbreviated Legal Description: The East 1/2 of the SE1/4 AND a tract of land in the NW1/4 of the SE1/4, all in Section 8, TWP 96N, Range 46W, Sioux County, IA Except Parcel A. Subject to all easements and public roads of record.

General Description: According to the recent survey, this property contains 80.59+/- gross acres. According to FSA, this farm contains approx. 77.16+/- tillable acres (Note: FSA includes the grass terraces and waterway as part of the tillable acres). This farm has a corn base of 38 acres with a PLC yield of 169bu and a soybean base of 53bu. This farm is classified as HEL. The predominant soil types include: 310B, B2, C2-Galva, 91B-Primghar, 1D3-Ida, 8B-Judson. The average CSR1 is 61.3. The average CSR2 is 83.6. This land is leased for the 2024 crop year and the buyer of the farm will receive the rent for 2024 and a rent subsidy at closing. This is an attractive tract of Sioux County, IA farmland! If you decide to purchase this tract of farmland it is one decision that you will never regret! Land for generations has proven itself to be a solid foundation for families to build their legacies upon and it is an asset that is not always available to purchase! When you look back over the years you can see how owning land has never been a poor decision! Make plans today to purchase this farm!

Method of sale: Auction will be held at the site of the farmland. Farmland will be sold with the final bid price x the gross surveyed acres.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $1,942.00 per year. 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, 2025 due to the current farm lease.

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 April 2, 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 buyers 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 statutes. Buyer is responsible to legally terminate the existing lease if the buyer desires to discontinue the lease for 2025 and beyond. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. 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. Klein Law, PLCAttorney for sellers.

Family Of John T. & Geraldene Van HollandOwners