Upcoming Live/Online Public Auction Of 147.72+/- Acres

Of Farmland Located In East Holman TWP, Osceola County, IA To Be Sold In Two Separate Tracts!

This Land Is Located South of Sibley, IA & Northeast of Ashton, IA!

This Is Your Chance To Purchase A Fantastic Tract Of Land In Osceola County, IA!

Tract 1: 46.59 Acres — Tract 2: 101.13 Acres

Location: From Kwik Star in Sibley, IA go South on Pierce Ave for 2 miles to 190th St. then go West on 190th St for 3/4 mile to Tract 1. Tract 2 is located directly adjoining to the South of Tract 1. OR from the intersection of HWY 60 and 190th St. on the North side of the Sibley, IA airport go East on 190th St. for 1 1/4 mile to Tract 1. Tract 2 is adjoining Tract 1 directly to the South. Tract 1 is located in the Southeast corner of the intersection of 190th St & Oriole Ave. Auction to be held At the site of the farmland. Watch zomercompany.com for inclement weather.

Sale Date: November 9, 2023 @10:30 A.M.

Auctioneer’s Note: The Zomer Company is honored to have been selected to offer for sale at auction these two fantastic tracts of land in Osceola County, IA! This auction presents to you the chance to purchase one or two tracts of land which are located in a great area where land is not often available for sale at auction! Watch zomercompany.com in case of inclement weather! Thanks, Zomer Company

zomercompany.com

Legal Description of Tract 1: Parcel D in the Fractional NW1/4 of Section 30, TWP 99N, Range 41W, Osceola County, IA—Subject to all public roads and easements of record.

General description of Tract 1:  According to the recent survey, this property contains 46.59+/- gross acres. According to FSA/survey, this farm contains approx. 35.97+/- tillable acres, approx. 4.60+/- acres of CRP with an annual payment of $1,516.00 with a contract expiring 9-30-2024 (CRP payment/acres are estimated and FSA will provide the final numbers after farm has been split in the FSA office). This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 175bu on corn and a PLC yield of 45bu on soybeans.  This farm is classified as NHEL. The predominant soil types include: 735-Havelock, 91-Primghar, 32-Spicer, 77B2-Sac. The average CSR2 is 81.3 and the average CSR1 is 64.9. It is not often that you get the opportunity to purchase a smaller tract of land in Osceola County, IA! Take this opportunity to purchase a great farm! Land is not always readily available in this area!

Legal Description of Tract 2: Parcel E in the Fractional NW1/4 of Section 30, TWP 99N, Range 41W, Osceola County, IA—Subject to all public roads and easements of record.

General description of Tract 2:  According to the recent survey, this property contains 101.13+/- gross acres. According to FSA, this farm contains approx. 95.54+/- tillable acres, approx. 2.39+/- acres of CRP with an annual payment of $840.00 with a contract expiring 9-30-2025 and an additional 0.50+/- acres of CRP with an annual payment of $164.00 with a contract expiring 9-30-2024  (CRP payment/acres are estimated and FSA will provide the final numbers after farm has been split in the FSA office). This farm has a corn base and soybean base combined with the adjoining farmland with a PLC yield of 163bu on corn and a PLC yield of 45bu on soybeans.  This farm is classified as NHEL. The predominant soil types include: 735-Havelock, 309-Allendorf, 108B-Wadena, 311-Galva, 396-Letri, 311B-Galva, 91B-Primghar. The average CSR2 is 72 and the average CSR1 is 55.5. This tract has a permanent ingress/egress access easement to use the existing driveway off of Oriole Ave for ingress/egress access. Contact an agent for details on the access easement. This an excellent tract of Osceola County, IA farmland which offers predominantly long rows and is very conducive to farm! Make plans today to purchase this quality tract of land in East Holman TWP, Osceola County, IA!

Method of sale: Tracts 1 & 2 will be sold in the choice method. The top successful bidder of the round of choice will be permitted to select the tract of their choice. The first top successful bidder will be permitted to select 1 tract only and whichever tract is then remaining between Tracts 1 & 2 will then be sold. Tracts will not be combined in any way. Auction to be held at  the site of the farmland.

Taxes: The current Real Estate Taxes according to the Osceola County Treasurer are approx. $3,412.00 per year combined on Tracts 1 & 2. Seller will pay the 2023 taxes which are due and payable in March and Sept of 2024. Taxes will be reassessed due to the recent survey.

Possession: 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 on or before December 13, 2023 when the buyer shall receive a clear and merchantable title to the property. These farms are 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. 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. Any announcements made day of the auction will supersede any advertisements. All buyers are encouraged to do buyers due diligence. If buyer delays closing penalties will apply. Buyer’s will be required to assume the current CRP contract and will be responsible for any midterm maintenance needed if any. 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. –Dan De Koter—Attorney for Seller.

Click Here For Informational Booklet 

Marilyn K. Marnach

Heir of Fredrick & Dorothy Groote— Owner

Auctioneers:

Zomer Company — 1414 Main St., Rock Valley, IA 51247 — www.zomercompany.com — 712-476-9443

Mark Zomer – 712-470-2526— Blake Zomer – 712-460-2552—Gary Van Den Berg – 712-470-2068

Ivan Huenink-712-470-2003—Gerad Gradert-712-539-8794—Bryce Zomer-712-451-9444

Darrell Vande Vegte – 712-470-1125—Ryan Zomer – 712-441-3970—Joel Westra—605-310-6941

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.