Cherokee, IA 51012(Cherokee County)

Auctioneers Note: The Zomer Company is pleased to have been selected to offer at live public auction this outstanding tract of Cherokee County, IA land! This land offers a unique opportunity to purchase pastureland/recreational property in an area where land is not often available and on the edge of a community! Purchasing land is an investment in your familys future! Making the decision to purchase land is one you will not regret! Make plans today to purchase one or all of these tracts of land!

Abbreviated Legal Description: Parcel L in the NW1/4 of Section 22, TWP 92N, Range 40W, Cherokee County, IA. Subject to all easements and public roads of record.

General Description: According to the recent survey, this property contains 71.55+/- gross acres. According to FSA, this farm contains approx. approx. 9.82+/- tillable acres which are currently enrolled in CRP with a contract ending on 9-30-2025. Seller to retain the final CRP payment. Buyer is required to assume the contract until its completion on 9-30-2025. The tillable farmland is classified as HEL. This tract of land is in an outstanding location, located just North of Cherokee, IA on HWY 3! This tract of land offers a magnitude of possibilities both as a pasture property for cow calf operators or a exclusive recreational retreat for the outdoorsman and hunters! An added plus is the location of the property located right on the edge of the thriving community of Cherokee, IA! This property is sold subject to a fence agreement which states that the buyer of this property will be solely responsible for all future repairs/installation of fence around this property. Please contact an agent with any questions on this agreement. If you are a cow calf operator, outdoorsman, hunter or recreational enthusiast then you know how hard it is to find a property such as this! Do not pass up the opportunity to purchase a property of this nature as you never know when the next opportunity will be! This is a rare opportunity that you should strongly consider!

Method of sale: Auction to be held at the Cherokee, IA community center (530 W. Bluff St., Cherokee, IA) Land will be offered for sale with the final bid price times the gross surveyed acres.

Open House Date: A viewing day will be held on April 26, 2025 from 10:00 A.M. to 12:00 P.M. (Noon). A ranger will be available on this day for tours of the property or viewers are welcome to bring their own side x side to view the property. To Schedule an alternate viewing time please contact an auctioneer below.

Taxes: The current Real Estate Taxes according to the Cherokee County Treasurer are approx. $1,073.00 per year

NOTE: Taxes are only estimated and will be reassessed by the Cherokee County treasurer due to the recent surveys. Seller will pay the 2024 taxes which are due and payable in March and Sept of 2025.

Possession: Buyer will receive possession of the property on closing day on June 20, 2025.

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 June 20, 2025. Buyer shall receive a clear and merchantable title to the property on closing day. This land 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 buyers due diligence. Buyer agrees to assume the current CRP contract until its completion. Seller to retain the final CRP payment due on 10-1-25. 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. If buyer delays closing, penalties may apply. 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. Jason Cook, Cook Law FirmAttorney for sellers.

Gerald & Janice Korleski EstateOwners