Grundy County, Iowa 204.5 +/- Acre Sealed Bid Farmland Sale

Tract #1 Details – 49.5 +/- Acres

• 49.5 +/- FSA NHEL cropland acres
• 93.7 CSR2
• The farm is leased for the 2025 agricultural season. The buyer will receive $7,549 for the 2025 cash rent income which is 50% of the 2025 cash rent income.
• The buyer will receive 2026 agricultural possession March 1, 2026
• Exceptional farm that has been very well taken care of over the years
• This farm offers over 40 acres of 95 CSR2 Tama silty clay loam soil and Muscatine silty clay loam soil 
• Located 5 miles south of Grundy Center, Iowa
• Located 6 miles northeast of Conrad, Iowa
• PLC Yield and Base Acres (see 156ez document above)

Tract #2 Details – 155 +/- Net Acres

• 146.66 +/- FSA NHEL cropland acres
  • 127.4 cropland acres is farmed on a corn soybean rotation
  • 18.78 cropland acres are in CRP through 9/30/2031 
    • The CRP acres pay $300 / acre or $5,634 annually
    • The CRP income shall be prorated to day of closing
• 90.2 CSR2 on cropland acres being farmed on a corn soybean rotation
• 88.6 CSR2 on all cropland acres 
• The farm is leased for the 2025 agricultural season,The buyer will receive $19,428 for the 2025 cash rent income which is 50% of the 2025 cash rent income.
• The buyer will receive 2026 agricultural possession March 1, 2026
• Exceptional farm that has been very well taken care of over the years
• This farm offers over 80 acres of 95 CSR2 Tama silty clay loam soil and Muscatine silty clay loam soil 
• Located 5 miles south of Grundy Center, Iowa
• Located 6 miles northeast of Conrad, Iowa
• PLC Yield and Base Acres (see 156ez document above)

Sealed Bid Due Date and Time: July 9th, 2025 at 3:00 PM CST

Sale Method: Farm will be offered as one tract via Sealed Bid Sale. Contact Land Broker Cody Skinner or Nick 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 July 9, 2025 at 3pm CST.

Bid Submission Process and Earnest Money: All interested parties are required to make a sealed bid on the 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 Grundy Center, Iowa office or emailed to Cody Skinner or Nick Skinner on or before July 9, 2025 at 3pm CST. Iowa Land Company will notify the winning bidder. The winning bidder will be required to submit a 10% earnest money check within 24 hours after acceptance. 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 Cody Skinner or Nick Skinner to request one to be mailed to you. 

Farm Lease: The farms are leased for the 2025 agricultural season. The buyer shall receive real estate possession at closing and full possession March 1, 2026. The buyer(s) will receive 50% of the 2025 cash rent income. The CRP income on tract 2 will be prorated to the day of closing. 

Survey: The owner at the owners expense will hire a licensed surveyor to identify the property line on the east line of tract 1 including the acreage located in the southeast corner of tract 1. The acreage amount for tract 1 will be 49.5 +/- acres and 155 +/- net acres for tract 2.    

Farm Closing: August 20th, 2025.

FSA Information: Call Land Broker Cody Skinner or Land Broker Nick 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 at closing.

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.