Te Paske Farmland Auction

Te Paske Farmland Auction

Friday, November 17, 2023  |  10:00 AM Central
Auction closed.
Te Paske Farmland Auction

Te Paske Farmland Auction

Friday, November 17, 2023  |  10:00 AM Central
Auction closed.
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Iowa Auction Group LLC


(712) 299-4258
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Terms of Auction

Lot # 0 (Sale Order: 1 of 4)      

Terms of Auction:   DO NOT BID ON THIS LOT!

 

Bidding Online: This will be a live auction with Internet online bidding available. To register online, click on ''Bid Now'' button.

Bidding online will be on a per acre basis multiplied by total acres per tract.

 

If you wish to just watch the Auction progress, you DO NOT have to register 

 

Auction Location: Demco Community Center, 714 Main St., Boyden, IA 51234

Auction date/time: Friday, November 17, 2023, 10:00 AM

Location of farms: Specified in lots 1, 2 and 3 below

Method of sale: All 3 tracts will be sold at the Boyden Demco Center beginning at 10:00 AM November 17, 2023. Tract I will be offered first, and the final per acre bid multiplied by 108.94 acres. Tract II will be offered next with the final per acre bid multiplied by 120 acres. Tract III will be offered last and final per acre bid multiplied by 73.61 acres. Each tract  when sold will remain sold, and NO combination of tracts, will be re-offered!

 

 

Terms for all Tracts: Non-refundable, 15% down payment day of auction per tract, with balance due on or before January 15, 2024. Possession will be granted at closing January 15,2024, and current leases have been terminated, however tenant will have the right to remove 2023 crop residue. These farms are offered as a cash transaction and NOT subject to any financing contingencies. Seller will continue the abstract to date and provide clear and marketable title. Buyers will be required to execute a written agreement specifying these terms a day of auction. A late charge will be applied if buyer delays closing. The sale is subject to seller's confirmation

All announcements made day of live auction will supersede any advertising.

 


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Terms Tract I

Lot # 1 (Sale Order: 2 of 4)      

Quantity: 107

Tract I Farm Location: From Boyden, IA, go 1 mile east on Hwy 18 and 5 miles south on Kingbird Ave (L14)

Legal Description; East half of the Southwest quarter (E1/2 SW 1/4), except the west 300.5 feet of the south 507 feet of the east 927 feet thereof; and the fractional southwest quarter of the southwest quarter
 (Frl. SW 1/4 SW 1/4), all in Section 19, Township 96 N., Range 43 W. of the 5th p.m. Sioux County, Iowa. This farm contains 108.9 acres M/L.

General Description: Selling first at 10:00 AM, this farm offers 108.94 acres of an unimproved farmland with an excellent location on blacktop L14.
FSA records indicate 107.15 cropland acres, with the balance being ditch and road. There's a corn base of 61.17 acres with a PLC of 176 bushel per acre. There's a soybean base of 44.38 acres with a PLC of 60 bushel per acre. The CSRII (corn suitability rating) for this farm is 94.6 and the CSRI is 70.4. Predominant soil types are Primghar, Galva and Marcus. It is classified non-HEL (NHEL)  and is enrolled in the farm program. The 2023 crop election was ARC on corn and beans. This farm has good drainage and has  been well-maintained by the current tenant and existing lease has been terminated.

 

Taxes: 3212.00  per year

 

Bidding Online: If you intend to bid online, please pre-register at least two days prior to auction date for preapproval at iowaauctiongroup.com.

No Internet fee to bid online.


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Sold for: USD 20,600.00
$20,600.00 x 107 = $2,204,200.00
Total Bid: USD 2,204,200.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

$20,600.00 x 107 = $2,204,200.00 Total

Terms Tract II

Lot # 2 (Sale Order: 3 of 4)      

Quantity: 120

Tract II Farm Location:  From Boyden Iowa, go 3 miles east on Highway 18 and 1.5 miles south on Larch Avenue. Signs posted.

 

Tract II  Legal Description: The South half of the Northwest quarter
(S1/2 NW 1/4) and the North half of the North half of the Southwest quarter (N1/2N1/2 SW 1/4)  all in Section 4, Township 96 N., Range 43 W. of the 5th p.m., Sioux County, Iowa. This farm contains 120 acres M/L.

 

Tract II  General Description. This farm will be selling immediately after Tract 1 at  approx. 10:30 AM at the Boyden Demco Center. This  farm offers  an excellent inside 120 acres of unimproved farmland with an great  location between Sheldon, Hospers, and Boyden. FSA records indicate 118.8 cropland acres, with the balance been ditch and road. There is a corn base of 67.82 acres with a PLC of 176 bushel/acre. There's a soybean base of 49.21 acres with a PLC of 60 bushel/acre. The CSRII  (corn suitability rating) on this farm is an outstanding 99.4 and a CSRI  is 73.4. Predominate soil types are Primghar, Galva and Marcus. The farm is classified non-HEL (NHEL) and is enrolled in the farm program. The 2023 crop election was ARC on the corn and beans. This is a high caliber farm that has good drainage and has been well-maintained by the current tenant The existing lease has been terminated.

Taxes: $3642 per year

Bidding Online: If you intend to bid online, please preregister at least 2 days prior to auction date for preapproval @ iowaauctiongroup.com

No Internet fee for bidding online! 


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Bid Accepted!

You've been outbid!

Sold for: USD 25,200.00
$25,200.00 x 120 = $3,024,000.00
Total Bid: USD 3,024,000.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

$25,200.00 x 120 = $3,024,000.00 Total

Terms Tract III

Lot # 3 (Sale Order: 4 of 4)      

Quantity: 73

Tract III Farm Location: On the east side of Sheldon Iowa at Highway 18 and 60 Junction, go 1 mile north on Highway 60. The south edge of this farm is located at 310th St. and Highway 60, east side of Highway 60. Signs posted.

Tract III Legal Description: The West Half of the Southeast Quarter (W1/2 SE 1/4), Section 21, Twp. 97N, Range 42 W. of the 5th p.m., O'Brien County, Iowa, except that part thereof conveyed to the State of Iowa for road purposes, recorded in land deed book 111, page 594, containing 6.39 acres. This farm has 73.61 acres M/L. This farm includes a permanent billboard signage easement.

 

Tract III General Description: This farm will be selling immediately after tract  2, approx. 11:00 AM at the Boyden Demco Center. This farm offers 73.61 acres of unimproved farmland, with an excellent location near Sheldon. FSA records indicate 72.74 cropland acres, with a balance being ditch and road. There's a corn base of 41.55 acres with a PLC of 176 bushel per acre. There's a soybean base of 30.15 acres with a PLC of 60 bushel per acre. The CSRII (corn suitability rating) of this farm is an outstanding 96.2 and the CSRI is 72.5. Predominant soil types are Galva, Marcus and Primghar. It's classified  NHEL, (non- highly Erodible) and is enrolled in the farm program.  This tract of land is well drained. The 2023 crop election was ARC on corn and beans. This farm been well-managed by the current tenant an existing lease has been terminated

 

Taxes: 2440/yr.

 Bidding Online: If you intend to bid online, please preregister at least 2 days prior to auction date for preapproval @ iowaauctiongroup.com

No Internet fee for bidding online!


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Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 18,700.00
$18,700.00 x 73 = $1,365,100.00
Total Bid: USD 1,365,100.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

$18,700.00 x 73 = $1,365,100.00 Total
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