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WOW!! What a way to end 2021! We have saved some of the Very best for you to close out a fantastic year in farmland history with one of our finest farms available any where in our area. The Schnepf family will be offering this fantastic farm that has been in their family for generations. They are a proud family and the quality of care given to the land really emphasizes that pride and love for the land.
The Plymouth County FSA office shows 76.39 Cropland Acres enrolled in the ARC-County Program. There is a 37.4 acre Cornbase with a 182bu. PLC Yield Index and a 37.4 acre Soybean base with a 56 bu. PLC Yield Index. The Plymouth County Assessor and NRCS Office shows the main Soil types to be Galva with smaller amounts of Radford and Kennebec and a little bit of Ida. The farm carries an awesome CSR II weighted average of 88.5. Outstanding numbers all the way around for top future production.
Located just a stones throw from the South edge of Le Mars this gently sloped farm promises to be an exceptional prospect for not only great production but quite possibly for above average growth in value. The City of Le Mars owns land just ½ of a mile North. Who knows what the future holds, but few farms have the potential that this one does.
Look back just a few short years in our history and see what a boon it has been for those who were wise enough and had the foresight and courage to invest in property this close to town. One of you will walk away from this sale with your name added to that illustrious list of families for decades to come. Will it be you? I certainly hope so!! Thanks and Good luck to all of you!
LEGAL DESCRIPTION: W ½ of the SW ¼, Section 32, Township 92 North, Range 45 West of the 5th P.M., Plymouth County, Iowa, except the acreage.
LAND LOCATION: From Le Mars: Go 1½ miles South on Lake Ave. From Merrill: Go East 3 miles on C-44, then go 1½ miles North on Lake Ave. From Hinton: Go North 10 miles on C-38, East 1 mile on C-38 then go South ½ mile on Lake Ave.
TERMS: 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 February 10, 2022 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 will be given upon final settlement. The farm is leased for the 2022 crop year and the buyer is to receive the cash rent. Sellers will pay those taxes that become delinquent October 1, 2022 and all prior taxes based on the current taxes. 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.
