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TRACT 1 - $8,500 PER ACRE
TRACT 2 - $10,100 PER ACRE
TRACT 3 - $6,600 PER ACRE
TRACT 4 - $575,000
LIVE AND ONLINE PUBLIC AUCTION
MAY 7, 2021 @ 12:00 NOON
AUCTION TO BE HELD AT BUILIDING SITE: 28104 C-44 MERRILL IOWA 51038
AUCTION WILL FEATURE 4 DIFFERENT TRACTS OF FARMLAND, POTENTIAL DEVELOPMENT LAND AND BUILDING SITE.
*All map lines and acres are unofficial approximations to be more particularly described by exact survey if necessary.*
METHOD OF SALE: The tracts will be offered in their respective order with Tract 1
being first and Tract 4 being last. Each tract will sell separately and will not be combined.
GENERAL DESCRIPTION: In this offering is an exciting array of land that should hold
something for everyone. The land will be offered in 4 tracts. Some farmland, some potential
development land and a nice acreage and building site with living quarters, lots of covered storage and
grain storage bin with loading facilities and grain leg. Tracts 1, 2 & 3 can be farmed in 2021
TRACT 1: Approximately 135 M/L unimproved acres of farmland.
TRACT 2: Approximately 33 M/L unimproved acres of farmland.
TRACT 3: Approximately 22 M/L acres of potential development land.
TRACT 4: Approximately 4 M/L acres - Building site with living quarters, extra storage and
grain handling facility.
The tracts will be offered in their respective order with Tract 1 being first and Tract 4 being last. Each tract will be offered separately and no parcels will be combined at any time. The tracts are currently
combined as one unit and will be divided by the FSA & NRCS office according to their formulas.
The Plymouth County FSA Office shows 197.51 Farmland acres, 179.54 Cropland acres w/a 121.5
acre Cornbase w/a 146 bu. P.L.C. Yield Index and a 13.7 acre Soybean base w/a 41 bu. P.L.C. Yield Index. The NRCS and Plymouth County Assessors Office shows the main soil types to be Ida, followed by McPaul Kinnebec and Napier with a small amount of Monona. The weighted CRSII average rating is 52.4
These 4 tracts offer a unique opportunity to own some farmland, development land and a nice
building site with a grain handling facility all just on the outskirts of Merrill City Limits. The Hoffmans are known for their quality of work and care for the land. Buying one tract or two, or buying it all will surely prove to be a nice investment in the future. The local communities are constantly expanding and the farmland has easy access to local marketing facilities that are first rate. Be sure to take a serious look at the opportunities presented and see how they can benefit you for years to come. Get in on the rising land market before it rises even more. All the Best.
TERMS: Auction Terms & Conditions The purchaser(s) will be expected to pay 10% of the purchase price on the date of sale and sign a real estate contract agreeing to pay the balance on or before June 11, 2021 upon delivery of clear & merchantable title. The property is being sold without buyer contingency of any kind, so have your financial arrangements secured prior to bidding. Ownership possession of Tracts 1, 2 and 3 will be given upon final settlement. Final settlement and possession of Tract 4 will be July 1, 2021. Tract 1,2 and 3 can be farmed for this 2021 crop year. If sold individually the tracts will be surveyed at seller’s expense and actual acres will be based on those surveys. All acreage amounts and advertised outlines are approximate and are not exact acres. On Tracts 1, 2 and 3, sellers will pay those taxes that become delinquent October 1, 2021 and all prior taxes based on the current taxes. Tract 4 taxes will be prorated to June 30, 2021. Descriptions and information are from sources deemed reliable, however, neither the sellers nor the Auctioneer/Broker are making any guarantees or warranties, actual or implied. Property sold “As-Is”, so inspect to the extent deemed necessary and rely on your own judgment when bidding. The Auctioneer/Broker is representing the sellers interest in this transaction. The sale is subject only to the owner’s approval. All announcements made the day of sale shall supersede any previously written or oral statements.
