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Upcoming O'Brien County Farmland Auction! Tuesday, October 23, 2018 273.03 surveyed acres in Waterman Twp, O'Brien Co Tract 1: 79.93 acres Tract 2: 115.47 acres Tract 3: 77.63 acres Tillable Land and Hunting Ground!!! Sale Time: 10:30 AM Farm Location: From Petersen, IA go approx. 4 1/4 miles west on Hwy 10 OR From Sutherland, IA go approx. 5 miles SE on Hwy 10. To be sold from the R.L. Johannsen Center, Sutherland, IA Jeannine B. Bibler Hansen Revocable Living Trust George W Wittgraf - Attorney Tract A General Description: Selling will be 79.93 surveyed acres of Waterman Township, O'Brien County farmland. The farm is level to gently sloped. There are approx. 76.94 tillable acres with the balance consisting of road and ditch. The primary soil types on the tillable acres consist of the Terril, Ocheyedan, Galva, Sac, Primghar, and Marcus series. Tract A has an average CSR-1 of 65.7 & CSR-2 of 90.5. According to the FSA office Tracts A, B & C have a total of 213.69 tillable acres. Tract A Brief Legal Description: The W 1/2 of the SE 1/4 in Section 26-94-39, O'Brien Co, Iowa. Property contains 79.93 acres. Tract B General Description: Selling will be an inside 115.47 surveyed acres of Waterman Township, O'Brien County farmland. The farm is level to gently sloped. There are approx. 113.42 tillable acres with the balance consisting of road and ditch. The primary soil types on the tillable acres consist of the Galva, Marcus, Primghar, Sac, and Ocheyedan series. Tract B has an average CSR-1 of 70.5 & CSR-2 of 94.7 on the tillable acres. According to the FSA office Tracts A, B & C have a total of 213.69 tillable acres. Tract B Brief Legal Description: The E 1/2 of the SE 1/4 in Section 26-94-39 AND A tract in the W 1/2 of the SW 1/4 in Section 25-94-39 AND A tract in the W 1/2 of the NW 1/4 in Section 36-94-39, O'Brien Co, Iowa. Property contains 115.47 acres. Tract C General Description: Selling will be 77.63 surveyed acres of Waterman Township, O'Brien County farmland. This farm has excellent hunting land and is level to gently sloped. There are approx. 23.33 tillable acres with the balance consisting of an acreage, timberland, grassland, road and ditch. The primary soil types on the tillable acres consist of the Galva series. Tract C has an average CSR-1 of 70 & CSR-2 of 95 on the tillable acres. According to the FSA office Tracts A, B & C have a total of 213.69 tillable acres. The rural address is 7028 Hwy 10, Peterson, IA, 51047. On the acreage is an older 1 1/2 story block home with 1586 sq ft. The main floor consist of a kitchen, bathroom, dining room, large living room, with a wall air conditioner, a bedroom, entry porch with a utility area. There are 3 bedrooms upstairs. There is a partial basement with a large wood burning stove and a propane furnace. The exterior has concrete block walls and a metal roof. Outbuildings consist of a Morton garage (24'x30') with an overhead door and concrete floor. There are 2 older hog buildings (35'x104') and (26'x100') as well as other older out buildings all of salvage value. There is a 500 gal propane tank and 2 wells on the acreage. This acreage is very well located adjacent to Hwy 10 between Peterson and Sutherland, and has excellent timberland with 3 tillable fields. Tract C Brief Legal Description: A tract in E 1/2 of the SW 1/4 in Section 26-94-39 AND A tract in the N 1/2 of the NW 1/4 in Section 36-94-39, O'Brien Co, Iowa. Property contains 77.63 acres. Entire Farm Corn Base/Corn Yield: According to the FSA office the corn PLC yield is 147 bushels and the soybean PLC yield is 43 bushels. The corn base is 120.8 acres and the soybean base is 89.6 acres. Entire Farm Real Estate Taxes: Sellers will pay all real estate taxes which would become delinquent if not paid by October 1, 2019, as well as all prior taxes. The estimated net real estate taxes on the entire farm are $3455. Method of Sale: Tracts A and B will be sold as choice. The high bidder will have the option to take tract A, tract B or both tracts. In the event the high bidder takes both tracts, they will remain sold. If the high bidder takes one tract, the remaining tract will then be auctioned. Tract C will be sold immediately following Tracts A & B. Terms: 10% down on the day of the auction. The balance will be due on December 7, 2018. 2018 crop year lease payments will remain the sellers. 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. Successful online bidder will be notified at the conclusion of both tracts. 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: December 7, 2018, subject to current lease which will expire on March 1, 2019. Auctioneer's Note: We are pleased to be selling this farm on behalf of the Jeannine B. Bibler Hansen Family. These farms have it all! Excellent tillable, timberland, and right in the heart of Waterman Township. For additional information give us a call or check out this auction on our website: www.vw72.com. We will be selling these farms on October 23rd via live and online bidding at the R.L. Johannsen Center, 110 Ash St, Sutherland, IA. Thank you for your interest and we will see you at the auction. Rich, Todd, Levi & Brent 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. Any announcements made the day of the auction will supersede this advertisement.