Dallas County, Iowa 235 +/- Acre Sealed Bid Farmland Sale

Located in Northcentral Dallas County sits this tremendous multi-tract farmland offering via sealed bid! All sealed bids shall be submitted to Land Broker Luke Skinner or Land Broker Matt Skinner by November 5th, 2025 by 3:00pm CST.

Iowa Land Company is honored to represent the farmland owned by the Oelberg Family Trust just four miles northwest of Midburn, IA in Spring Valley Township. The farm is offered for sale as a 2-tract option or can be purchased as a collective unit. The farm offers high percentage cropland acres consisting of productive farmland in the heart of farm country. This farm offers great opportunities for local farmers to expand land holdings in an area where land is held in tight ownership. Tract 1 the east “80” will be offered at 77 +/- net acres carrying an outstanding soil rating of 87.8 CSR2. Tract 2, the west “quarter” will be offered at 158 +/- net acres carrying a soil rating of 84.8 on the 125 +/- cropland acres. This tract offers additional attractive recreational value as well. The farms will sell “As Is Where Is” condition. The farmland is currently leased, for 2025 the farms will be offered with open tenancy in 2026. A survey on tract 1 will be conducted to divide the farms. Over the years, the farm has been well maintained by the current operators. Multiple grain merchandising locations within close proximity of each farm. 

Tract 1 – 77 +/- Acres | 77 +/- Cropland Acres | 87.8 CSR2  

Tract 2 – 158 +/- Acres | 125 +/- Cropland Acres | 84.8 CSR2 

If you want to expand your farming operation, diversify investment portfolio, or buy your first farm, take a look at this land purchasing opportunity. Call Land Broker Luke Skinner at 515-468-3610 or Land Broker Matt Skinner at 515-443-5004 to request a bid packet or to ask any questions about this sealed bid offering.

Tract 1 Details – 77 +/- Net Acres

• 77 +/- FSA cropland acres
• 87.8 CSR2 soil rating 
• The farm is leased for 2025. 
• Real estate possession at closing. 
• Spring Valley TWP – Section 35
• Farm is located in a strong farming area
• Good road frontage  
• PLC Yield and Base Acres (see 156ez document above)

Tract 2 Details – 158 +/- Net Acres

• 125 +/- FSA cropland acres
• 84.8 CSR2 soil rating 
• Nice recreational value for someone looking for buildable/hunting/ROI
• The farm is leased for 2025. 
• Real estate possession at closing. 
• Spring Valley TWP – Section 35
• Farm is located in a strong farming area
• Farm entrance on northside of tract.  
• PLC Yield and Base Acres (see 156ez document above)

Sealed Bid Due Date and Time: November 5th, 2025 3:00 PM CST

Sale Method: Farm will be offered individually via Sealed Bid Sale. Contact Land Broker Luke Skinner or Matt Skinner to request a bid packet. Seller has the right to reject, accept, or counter any and all bids. It’s important to understand, if the seller doesn’t accept the highest dollar amount bid the seller will likely counter offer the highest bid. You should be aware of this while making your bid so you are aware how important it is to be the highest bid prior to November 5th, 2025 at 3pm CST.

Bid Submission Process and Earnest Money: All interested parties are required to make Sealed Bid on purchase agreement form provided by Iowa Land Company. Please print the bid packet per tract above to submit a bid. To be considered, all sealed bids should be delivered to Iowa Land Company Urbandale, Iowa office or emailed to Luke Skinner or Matt Skinner on or before November 5th, 2025. 10% earnest money is required within 5 business days of the accepted bid. Iowa Land Company will notify the winning bidder. Winning bidder earnest money check will be deposited in the seller’s attorney trust account within three business days of being notified their bid was accepted. All funds will be held in the seller’s attorney trust account prior to closing. The remaining purchase price balance will be due at closing. Unsuccessful bidder(s) will be notified their bid was not accepted.

Obtaining A Bid Packet: You can print a bid packet above per tract on our website or reach out to Luke Skinner or Matt Skinner to request one to be mailed to you. 

Farm Lease: The cropland has an open lease for 2026. 

Survey: A survey will be conducted on tract 1. 

Farm Possession: Buyer will receive full possession at closing, subject to tenants rights.  

Farm Closing: December 18th, 2025

FSA Information: Call Land Broker Luke Skinner or Land Broker Matt Skinner for any FSA information questions prior to the auction. Note all FSA information is estimated to the best of the seller’s and/or Iowa Land Company’s knowledge. All information is subject to change. 

Mineral Rights: All mineral rights owned by the seller will be conveyed to the buyer if any.

Terms and Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied by the Seller or Iowa Land Company.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither Iowa Land Company nor the Seller make any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made prior to the sealed bid process closing by Iowa Land Company will take precedence over any previously printed materials or oral statements. Iowa Land Company and Seller reserve the right to preclude any person from bidding if there are any questions as to the person’s credentials or fitness to bid.