152.43+/- Acre Eagle Township, Sioux County, IA Farmland Auction in 2 Tracts

152.43+/- Acre Eagle Township, Sioux County, IA Farmland Auction in 2 Tracts 

November 17th at 10:30am CT

Auction Location: Auction of the property to be held at the former JD Dealer North of Ireton, IA (4511 Eagle Ave., Ireton, IA 51027)

These two tracts of land are contiguous and are located northwest of Ireton, IA & southeast of Lebanon, IA!

Auctioneers Note: The Zomer Company is honored to represent the Kruid family in offering at auction these two outstanding tracts of farmland in Eagle TWP, Sioux County, IA! This is a tremendous opportunity to purchase one or two nice contiguous tracts of farmland! Making the decision to purchase land is a great way to help grow your current operation or investment portfolio! These farms offer a tremendous opportunity to own land in Sioux County, IA!

Directions: From Ireton, IA go North on Eagle Ave for approx.. 2 ½ miles to 440^th St. then go 1 mile West on 440^th ST. to Dove Ave. then go North on Dove Ave for approx.. ¾ miles to the farms. Both Tract 1 and 2 are adjoining and are located on the West side of Dove Ave. Auction signs will be located at the property.

Website: Zomercompany.com

Abbreviated Legal of Tract 1: Parcel C in the NE1/4 of Section 25, TWP 95N, Range 47W, Sioux County, IA. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record.

General Description of Tract 1: According to the recent survey, this property contains 96.95+/- gross acres. According to FSA/survey, this farm contains approx. 93+/- tillable acres. This farm has a soybean base and corn base combined with the adjoining farmland with a PLC yield of 152bu on corn and a PLC yield of 57bu on soybeans. This farm is currently classified as HEL. The predominant soil types include: 310B, B2, C2, D2-Galva, 11B-Radford-Judson, 428B-Ely, 467-Radford, 1C3, D3-Ida, 309B2-Allendorf, 878C2-Ocheydan, 485-Spillco, 91, B-Primghar, 8B-Judson, 474B2, C2-Bolan, 810-Galva. The average CSR2 is 81.8. The average CSR1 is 57.6. If you are looking to purchase a nice tract of farmland which has a high percentage of tillable acres then be sure to take a strong look at purchasing this farm! This tract of land has been well maintained over the years by the current tenants and has regularly had hog manure applied to the land! If you are looking for a good tract of Sioux County, IA farmland to invest in for your farming operation or investment portfolio this farm offers a great opportunity to you! When you look back on history long term land has proven itself to be a strong tangible investment with long term appreciation benefits over the past years!

Abbreviated Legal of Tract 2: Parcel D in the NE1/4 of Section 25, TWP 95N, Range 47W, Sioux County, IA. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record. 

General Description of Tract 2: According to the recent survey, this property contains 55.48+/- gross acres. According to FSA/survey, this farm contains approx. 51.44+/- tillable acres of which approx.. 1.24+/- acres are enrolled in CRP with a contract ending 9-30-2026. The current owners of the property have submitted the CRP for re-enrollment for a 10 year contract with an annual payment of approx.. $372.00. Seller will retain the full 9-30-2026 CRP payment and the buyer will receive the future payments. This farm has a soybean base and corn base combined with the adjoining farmland with a PLC yield of 152bu on corn and a PLC yield of 57bu on soybeans. The tillable land on the East side of the creek is currently classified as HEL and the land on the West side of the creek is currently classified as NHEL. The predominant soil types include: 467-Radford, 133-Colo, 485-Spillville, 810-Galva, 474B2, C2-Bolan, 310C2-Galva, 27B-Terril, 1D3-Ida. The average CSR2 is 77.5. The average CSR1 is 66.8. This is a great opportunity to purchase a nice smaller tract of farmland! If you are a younger farmer, established operator or investor looking to purchase a nice farm for their operation or investment portfolio then be sure to check into this farm! This farm also features several grain bins that have been rented for grain storage over the years to various parties. The electric for the grain bins is currently tied into the elec service with the adjoining acreage site. Buyer will be responsible for installing a separate electric service to the grain bins if the buyer desires to have electric service to the bins as the current agreement with the acreage owner will not continue. There is currently grain in the grain bins and the current tenant shall have until June 1, 2027 to remove the grain from the grain bins.

Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are approx. $3,942.00 per year on Tract 1 and approx. $2,072.00 per year on Tract 2. Taxes will be pro-rated through December 31, 2026.        

Method of Sale: Tracts will be sold in the choice method with the top successful bidder in the round of choice having the option to select both of the tracts or the tract of their choice. If the top successful bidder in the round of choice selects both of the tracts then the auction will be concluded. If the top successful bidder in the round of choice selects only one of the tracts then whichever tract is then remaining will then be sold. Once a tract is sold it will remain sold and will not be available to bid on again. Both tracts will be sold with the final bid price times the gross surveyed acres on each tract.

Possession:  March 1, 2027. These farms are available to farm for the 2027 crop year.   

Closing Day: Closing shall occur on or before January 20, 2027.

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 January 20, 2027. 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 buyer’s 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. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. If buyer delays closing, penalties may apply. 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 auctioneer listed below. Attorney For Sellers: Dan Mouw

 Special Terms: CRP: Tract 2 has a CRP contract which ends on 9-30-2026. Seller has submitted for re enrollment of the CRP for a 10 year contract with an annual approx.. payment of $372.00. If the CRP contract is approved the buyer agrees to assume the CRP contract and abide by all terms of said CRP contract. Buyer shall be responsible for all future maintenance costs of the CRP.

 Grain Bins: There are several grain bins on Tract 2 which are currently rented. The current renter shall have until June 1, 2027 to remove the grain that is currently in the grain bins. The current electric service for the grain bins comes from the adjoining acreage site. This agreement will not continue and if the buyer desires to have electric service to the grain bins in the future the buyer shall be solely responsible for all costs associated with installing electric service to the grain bins.

Owner Name: Adrian H. & Greeta J. Kruid Revocable Trust           

Attorney For Sellers: Dan Mouw

State: Iowa          County: Sioux               Township: Eagle

Gross Acres: 152.43+/- To Be Sold In Two Tracts       

Auction Company:

Zomer Company

712-476-9443 – www.zomercompany.com

Auctioneer: Mark Zomer-712-470-2526

Auction Ring Men: Blake Zomer – 712-460-2552 – Bryce Zomer – 712-451-9444

Gary Van Den Berg-712-470-2068 – Don Krommendyk-712-470-3203 – Ivan Huenink-712-470-3203 –Gerad Gradert-712-539-8794 –Ryan Zomer-712-441-3970