Kossuth County, Iowa 151.27 +/- Acres Farmland Auction

Farm Details

• 151.27 +/- Net Acres
• 151.04 +/- FSA Cropland Acres
• 82.2 CSR2
• Strong Farming Area
• Highly Productive Farmland 
• Open lease for 2026
• The buyer will receive the second half of the 2025 cropland rent of $27,606.77 directly from the tenant. 

Auction Date: August 27th, 2025

Auction Time: 1:00PM

Auction Location: Heritage Town Center, Iowa

Auction Address: 201 2nd Ave SW. Buffalo Center, Iowa 50424

Sale Method: The farms will be sold at live public auction with online and phone bidding opportunities for all buyers.

Farm Lease: Farm is leased for 2025. Farm to sell with open lease in 2026. 

Purchase Agreement: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with the seller’s attorney the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer obtaining financing.

Earnest Money: 10% earnest money payment is required on the day of the auction. All funds will be held in the sellers’ attorney trust account. The remaining balance will be due at closing.

Farm Possession: Buyer will receive real estate possession at closing, subject to tenant rights. 

Farm Closing: October 1st, 2025 

Surveying: No survey to be completed. 

FSA Information: Call Land Broker Matt Skinner or Land Broker/Auctioneer Luke Skinner for any FSA information questions prior to the auction. Note all FSA information is estimated to the best of seller and Iowa Land Company ability. All information is subject to change. The farm will be subject to a new FSA conservation plan. 

Mineral Rights: All mineral rights will be conveyed to the buyer.

Bidder Registration: All active bidders must be registered prior to bidding on the farm. All bidders must have a bid card to bid on the farm. Call Land Broker/ Auctioneer Luke Skinner or Land Broker Matt Skinner prior to the sale if you are unable to attend the sale but have an interest in the farm. We do have online bidding available or phone bidding. 

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 auction day 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.