Jacobsma Farmland Auction

Live & Online Auction

Categories:     LandReal Estate

Auction Date:

September 20, 2024 | 10:30 am

Auction Location / Nearest City:

Hartley, IA, USA

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Auction Description:

Jacobsma Farmland Auction
Live Webcast Auction
VANDER WERFF & ASSOCIATES
Auction to be held at Hartley Community Building: Hartley, IA 51346

Date(s) 7/1/2024 – 9/20/2024

180.06 ACRES IN CENTER & LINCOLN TOWNSHIP, O’BRIEN CO, IA AT AUCTION

Date/Time: Friday, September 20, 2024 @ 10:30 AM

NEAR HARTLEY, IA

Tract 1: A tract in SE 1/4 Section 32-97-40, Lincoln Twp, O’Brien County, Iowa. Property contains 79.54 acres. CSR 2: 94.3

Tract 2: A tract in NE 1/4 Section 1-96-40, Center Twp, O’Brien County, Iowa. Property contains 96.55 acres. CSR 2: 94.3

Tract 3: 5-bedroom acreage Site. Property contains 3.97 acres. Excellent Location!

Auction to held at the Hartley Community Center

Marvin & Irma Jacobsma Estate

Attorney: Tom Whorley; Heidman Law Firm

Location: Tract 1: From the east side of Sanborn, IA go 3 miles east on Hwy 18 and 1/2 mile south on Starling Ave or From the HMS School go 5 miles west on Hwy 18 then 1/2 mile south on Starling Ave

Tract 2/3: 6487 330th St, Hartley, IA-from the HMS School on the west side of Hartley go 1 mile south on Blacktop M-12 then 1 mile west on 330th St. (Located directly SW of the Ethanol Plant) Auction signs will be posted.

Tract 1 General Description: Selling will be 79.54 surveyed acres of Lincoln Twp, O’Brien Co farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Marcus, Primghar, Galva, and Sperry series. The farm has an estimated average CSR 1 of 75.9 and a CSR 2 of 94.3. This farm has approx. 77.40 tillable acres with the remainder as wind turbine, road and ditch. There is a small storage shed with overhead door, metal sides and roof.

Brief Legal Description: Parcel B in the SE 1/4 of Section 32-97-40, Lincoln Twp, O’Brien Co, IA. Property contains 79.54 surveyed acres. Tile: Tile was placed on the farm in 2019-see map.

Tract 1: Corn Base/Corn Yield: The corn PLC yield is 162 bushels and the soybean PLC yield is 51 bushels. The corn base is 38.90 acres and soybean base is 38.40 acres.

Wind Turbine: There is currently a wind turbine with driveway running through the farm. The payment received from MidAmerican Energy Company in 2022 was $13,714.88 and in 2023 was $14,213.19. The payment for the 2024 crop year will remain with the seller. The lease began in 2004 and ran for 33 years with the turbine being built in 2016 extending the lease for 25 years. New buyers will be responsible for getting the lease in their name after the close for 2025. Any terms regarding the turbine and drive will be between MidAmerican Energy and the new buyer.

Tract 2 General Description: Selling will be 96.55 surveyed 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, Sac, Ransom, Galva, Marcus and Afton series. The farm has an estimated average CSR 1 of 74.1 and a CSR 2 of 94.3. This farm has approx. 91.26 tillable acres with the remainder as wetland/ former pond, road and ditch. There is currently a well not in use near the former pond.

Brief Legal Description: Parcel D In FRL NE 1/4 of Section 1-96-40, Center Twp, O’Brien Co, IA. Property contains 96.55 surveyed acres.

Tract 2: Corn Base/Corn Yield: The corn PLC yield is 162 bushels and the soybean PLC yield is 51 bushels. The corn base is 50 acres and soybean base is 35.90 acres.

Tract 3 General Description: Selling will be a 1 3/4 story dwelling on a 3.97 acre acreage. The house has 5 bedrooms, 2 bathrooms with main floor laundry. This home has lots of storage, real wood burning fireplace, Marathon hot water heater, and Amana forced air furnace approx. 5 years old. The appliances including washer and dryer will stay with the home. The buildings on the property consist of large machine shed (40’x64′) built in 2010 with a poured concrete portion and work area. It has 1-overhead door with electric opener, 1-sliding door and 1-walk-in entry door in very good condition. Also a Morton garage/utility shed built in 1980 with concrete floor, 1-ovehead door with electric opener, 1-sliding door and 1-walk-in entry door in very good condition; and a large 1 1/2 story barn (52’x60′) with sliding doors. Additionally there is a converted granary, concrete bunker, Chief grain storage bin, smaller grain bin, 1000 gal propane tank, and 500 gal fuel tank. Many of the buildings have metal roof and siding with electric breaker boxes. The property has rural water. Sellers will bring the septic up to Iowa code if needed. This acreage offers the best O’Brien County views. It is well established with nice tree line and even has a large apple tree! You won’t want to miss this opportunity for rural living at its finest! Come check it out at the Open House: August 28, 2024 from 5-6PM.

Brief Legal Description: 6487 330th Street, Hartley, IA 51346. Parcel E in the FRL NE 1/4 of Section 1-96-40, Center Twp, O’Brien Co, IA. Property contains 3.97 surveyed acres.

Open House: There will be an open house on Wednesday, August 28, 2024 from 5-6 PM. If this is not convenient please give our office a call to set up a private showing.

Farm Real Estate Taxes: Sellers will pay all real estate taxes which would become delinquent if not paid by October 1, 2024, a s well as all prior taxes. The estimated net annual real estate taxes on tract 1 are $2,602, and on tracts 2 and 3 are $3,782. Exact taxes to be determined by the assessor.

Method of Sale: Tracts 1-2 will be sold as choice of tracts with the highest bidder having the option to take one tract or both tracts. If the buyer takes one tract then we will sell the remaining tract. Then we will sell tract 3.

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. Exact legal descriptions will be according to the surveys.

Possession/Closing: Tracts 1 and 2-November 1, 2024 (Subject to current lease which will expire March 1, 2025) / Tract 3- December 1, 2024.

Company Note: We are pleased to be selling these great O’Brien County farms and acreage near Hartley, Iowa. These farms have excellent access to the Hartley Elevator! The acreage offers outstanding Iowa views! These tracts will be offered via live and online simultaneous bidding offered as choice of tracts 1 and 2 then tract 3 (acreage site). Check out our website at www.vw72.com for additional information. We thank you for your interest. If you have any questions please give us a call-Rich, Todd, Shannon and Levi

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.

Vander Werff & Associates, Inc

Sanborn, IA 51248

www.vw72.com

Are you looking to sell give one our expert auctioneers a call today! 712-729-3264

Todd Hattermann 712-348-0111

Rich Vander Werff 712-261-0298

Shannon Rydberg 850-712-7041

Levi Mouw 712-441-6898

Jacobsma Farmland Auction

Hartley, IA, USA
Hartley, IA

Auction Location / Nearest City:

Hartley, IA, USA

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