Directions: 1732 260th St., Inwood, IA or From Oak St. Station in Inwood, IA go 2 miles South on HWY 182/HWY18 to 260th St. then go mile West on 260th St. to the properties. All 3 tracts are located on the North side of 260th St.. Auction will be held at the acreage site. AUCTION SIGNS WILL BE POSTED!!!

Abbreviated Legal Description of Tract 1: 11.25 a/c building site in the S 80 a/c of the FRL. S1/2 and Lot 1 in Parcel A in the SW1/4 all in Section 30, TWP 98N, Range 47W, Lyon County, IA. (1732 260th St., Inwood, IA)

General description of Tract 1: This 11.25+/- acre acreage site features a well maintained 2 story home which features 3+ bedrooms and boasts approx. 1,671 total sq. ft. The main floor of this home features a spacious floor plan with a kitchen, dining room, living room, office, bathroom with tub/shower and laundry room. This 2nd level of this home features 3 bedrooms. This home also features a double 30 x 32 attached garage with in floor heat new in 2009. This home has a propane furnace and central a/c which were both new in 2004. This home has had predominately new windows since 1999. This home has a full unfinished basement. This home is well maintained and would make an excellent home for you or your family! This property has an extensive landscaped backyard with a beautiful pond to spend your time relaxing near in the serene private area. The outbuildings on this property feature a 48 x 48 machine shed, 20 x 22 unattached garage, a barn, hog house and several other various outbuildings! This acreage is located on a hard surface road between Inwood & Rock Valley, IA! This property is serviced by Mid America for elec. and by Lyon Sioux Rural Water. This property also has a well which is currently not in use.Seller will inspect the septic system and update to Iowa Code if required at sellers expense. This property also has a cattle yard and 11 acres for future expansion. Acreages of this nature are hard to find!!

Abbreviated Legal Description of Tract 2: Parcel A in the S1/2 of Section 30, TWP 98N, Range 47, West of the 5th P.M., Lyon County, IA.

General description of Tract 2: According to the survey, this property contains 40.48 gross acres. According to Agri-Data, this farm contains approx. 34.65 +/- tillable acres with the balance in road/ditch and approx. 4.57 acres currently in grass that is hayed. This farm is classified as NHEL. This farm has drainage tile installed and also has several feet of farmable terraces. Due to the current Government shut down the FSA offices are closed for farm data. The predominant soil types include: 410B2, C2-Moody, 430-Ackmore. The average CSR2 is 68.2 and the average CSR1 is 61.8. This farm appears to have a good state of productivity and is well managed. This tract of farmland is an inside tract of farmland. Quality farmland in this area is hard to find!!Make plans today to attend this auction!!!

Abbreviated Legal Description of Tract 3: Parcel B in the Frl. S1/2 of Section 30, TWP 98N, Range 47, West of the 5th P.M., Lyon County, IA.

General description of Tract 3: According to the survey, this property contains 42.7 gross acres. According to Lyon County FSA, this farm contains approx. 40.09 +/- tillable acres with the balance in road/ditch. This farm is classified as NHEL. Due to the current Government shut down the FSA offices are closed for farm data. The predominant soil types include: 410, B, B2, C2-Moody, 430-Ackmore. The average CSR2 is 71.1 and the average CSR1 is 65.4. This farm appears to have a good state of productivity and is well managed. Quality farmland in this area is hard to find!!Make plans today to attend this auction!!!

Method of Sale: Acreage site will be sold in total dollars. Farmland will be sold with the final bid price x gross surveyed acres. Acreage site will be sold first then Tract 2 then Tract 3.

Open House: Will be held on January 26 from 10:00 A.M. to 12:00 P.M.(NOON) and on February 2 from 10:00 A.M. to 12:00 P.M.(NOON)

Taxes: The current Real Estate taxes according to the Lyon County Treasure are approx. $950.00 per year on Tract 1, approx. $952.00 per year on Tract 2, and approx. $976.00 per on Tract 3.

Possession: Possession of the farmland and acreage site will be on closing day March 29, 2019

Terms: Purchaser(s) of Tract 1 (acreage site) will be required to pay a non-refundable $30,000.00 down payment and purchaser(s) of Tracts 2 & 3(farmland) will be required to pay 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 on or before March 29, 2019 when the buyer shall receive a clear and merchantable title to the property. These properties are 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 are for informational purposes only and are not guaranteed to be actual boundary lines of the property. 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 statues. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. 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 auctioneers listed below. Paul Kippley & Larry Stormattorney for sellers

Marvin & Beverly Arp Revocable Trust & Marian A. Gisel EstateOwners