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79 acres Tillable Farmland Auction

Sioux County, Iowa

01-25-2018 10:00 AM

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Neumann Jensen Sioux County Farmland Auction

Auction Location

Prairie Winds Event Center 908 8th St St. Orange City, IA 51041

Listing No.: DDA-25059

Date: 01-25-2018
Time: 10:00 AM

Buyer's Premium: 2%

Bidding Onsite, Online

Bid Online

Directions to Farm

The farm is located between Orange City and Alton Iowa along Jay Avenue. From 8th Street SE in Orange City go to to the corner just east of the Pizza Ranch at the Orange City Vet Clinic and turn south on Jay Avenue. Go 1/4 of a mile to the northern edge of the farm.

Auction Details

This will be a live auction with online bidding available for absentee bidders.  

ATTENTION: If you wish to pre-register for this auction prior to arriving click the GREEN button above to register.  This will register you and give you a bidder number.  Upon arriving at the auction you will not have to go through the check in process.  Just show your drivers license and bid using the number you are assigned online.

A Drivers License is required to register onsite at the auction. 

Agent Comments

This farm is the most spectacular piece of real estate I have ever had the opportunity to represent.  This a farm that holds great potential as an farmland investment with future development potential.  The farm lies between Orange City and Alton Iowa which are only separated by 1 mile.  New development has been completed to within 1350 feet of the Orange City (western) side of the farm and 1465 feet on the Alton (eastern) side.  These vibrant thriving communities in Northwest Iowa continue to grow and offer a high quality of life.  

The farm is along Puddle Jumper Trail which is a trail connecting the two communities.  This trail offers biking, jogging and cross country skiing in the winter along with a separate bridle path for horses along side of it.  The path makes the industrial areas, entertainment, food, major local employees and airport to the south side of Orange City and Northwestern College easily accessible from all points east of there and puts you within 7 blocks of downtown Orange City.

The farm itself is an impressive 91.1 CSR2 making it a very high quality productive farm located close to local markets with good access to paved roads.  

This farm offers an outstanding combination of features to make it worthy of consideration of a wide range of investors and investment minded producers.

Inventory

You will be bidding on the FSA Cropland Acres of 78.19

Sale Method

High bid plus 2% of the high bid equals the purchase price.  5% of the purchase price will be due the day of the auction.

Home Description

There are no homes on this property.  

Building Description

There are no buildings on this farm

Legal Description

The South Half of the Northwest Quarter (S½ NW¼) in Section Three (3), Township Ninety-four (94) North, Range Forty-four (44) West of the 5th P.M., Sioux County, Iowa except a tract beginning in the Northwest corner thereof, thence 226 feet East, thence 316 feet South, thence 226 feet West, thence 316 feet North to the point of beginning

Possession

You will get landlord possession at closing. Tenancy termination will be served with the closing. You will get full possession March 1, 2019. Buyer will get 2018 rents which will be $300 per tillable acre.

Closing

Closing will be held on March 1, 2018

FSA Information

Farmland 78.68 acres, Cropland 78.19 Acres, Corn Base 38.45, Bean Base 38.45

Soil Productivity

91.1 CSR2

Earnest Money

5% the day of the auction with balance due at closing

Farm Lease

There is a lease on the farm for 2018. Buyer will get all rents for 2018.

Terms and Conditions

Identification will be required to register to bid during this auction. Video and audio recording devices will be in use during the auction which may be broadcast via the Internet or used in other places. Bidding increments are at the sole discretion of the Auctioneer who may accept or reject any bid. Immediately upon conclusion of the auction the high bidder(s) will enter into a real estate contract and deposit with DreamDirt Farm and Ranch Real Estate LLC or other approved holding account the proper non refundable earnest deposit. The Seller(s) will provide a current abstract or other title convayance instrument at their own expense unless otherwise noted. Sale is not contingent upon buyer financing, all bids are cash bids. This sale is subject to all easements, covenants, leases and restrictions of record. Buyers must do their due diligence prior to bidding. All property is sold on an "As is – Where is" basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller unless specifically stated. You agree by bidding that you will enroll any CRP acres in your name upon gaining ownership or abide by continuing requires of any government programs or conservation programs on the farm or pay any necessary penalties should you choose not to. The seller reserves the right to accept or reject any and all bids. Winning bidder(s) acknowledges that they are representing themselves or have hired representation using their own financial means to complete the auction sales transaction. Any announcements made auction day by the Auctioneer will take precedence over any previous material or oral statements. The Auctioneer may accept absentee, phone or Internet bids from bidders who can not attend the auction or bid on behalf of the seller to advance toward any reserve. Bidding remotely does not guarantee anonymity. All decisions of the Auctioneer are final. The auction is open to the public contingent upon proper behavior. The Auctioneer may ask your to leave if your behavior is not in the best interest of the seller.

Contract

 

Contact

Jason Smith, Broker / Auctioneer

Work: (855) 376-3478

Cell: (712) 592-8965

Email: Jason@DreamDirt.com


Darren De Groot, Auctioneer

Work: (855) 376-3478

Cell: (712) 348-1596

Email: Darren@DreamDirt.com

©2016 DreamDirt Farm and Ranch Real Estate. We have obtained all disseminated information from sources we have deemed to be reliable but do not warranty or guarantee any information. It is possible that information has been omitted or reported to us in error. All lines drawn on maps are approximate. All acreages are stated as more or less. Representatives of DreamDirt Farm and Ranch Real Estate LLC may offer opinions based on the best information available at the time using assumptions and estimates but this does not guarantee any performance financial or otherwise. It is imperative that you rely on professional advice from legal, tax, financial or other advisors to make any decisions based on your own investigation.


Tract 1

78.680 Acres
78.19 Tillable Acres
Sold For

$18,360

Tract Detail

This is the only tract on this auction

Home Description

There is no home on this property

Building Description

There are no buildings on this farm

Soil Productivity

91.1 CSR2