Kossuth County, Iowa 73.56 +/- Acre Sealed Bid Farmland Sale

Located in north central Kossuth County, Iowa sits this 73.56 +/- acres of farmland that is offered for sale via sealed bid! All sealed bids shall be submitted to Land Broker Matt Skinner or Land Broker Luke Skinner by August 6th, 2025 by 3:00pm CST.

Iowa Land Company is pleased to represent the farmland owned by Mathew James Bauer Estate. The farm is offered for sale as one tract. The farm offers 73.98 FSA cropland acres and it carries a strong productive CSR2 rating of 69.3. This farm offers great opportunities for local farmers to expand land holdings in an area where land is held in tight ownership. The farm sale offers investors an opportunity to purchase land in a competitive land ownership area. The farm is located 2 miles East of Swea City, Iowa.

The buyer will receive full possession, subject to tenants rights at closing. The farms are leased for 2025 per a share crop agreement. The new buyers for each tract will assume the current crop share lease for the 2025 crop season. The new buyer will credit the sellers for any and all expenses already paid by the seller prior to closing for the 2025 crop. These expenses will be itemized out and are to be paid the date of closing. Any future crop input cost will be issued by the current tenant to the new owner for the 2025 crop season.The crop share lease is a 50%-50% crop share lease. The new buyer will receive 50% of the crop at harvest. The new buyer is responsible for 50% of the input cost of the 2025 crop for the 2025 cropland season. 

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

Tract Details – 73.56 +/- Net Acres

• 73.98 +/- FSA cropland acres
• 69.3 CSR2 soil rating 
• The farm is leased as a 50%-50% crop share agreement for 2025 agricultural possession.
• Full possession at closing. Subject to tenants’ farming rights.
• Farm is located in a strong farming area
• Pavement access on north side of farm 
• Located 2 miles east of Swea City, Iowa 
• PLC Yield and Base Acres (see 156ez document above)

Sealed Bid Due Date and Time: August 6th, 2025 3:00 PM CST

Sale Method: Farm will be offered individually via Sealed Bid Sale. Contact Land Broker Matt Skinner or Luke 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 August 6th, 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 Fort Dodge, Iowa office or emailed to Matt Skinner or Luke Skinner on or before August 6th, 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 Matt Skinner or Luke Skinner to request one to be mailed to you. 

Farm Lease: The farm is leased for 2025 per a share crop agreement. The new buyer for the tract will assume the current crop share lease for the 2025 crop season. The new buyer will credit the sellers for any and all expenses already paid by the seller prior to closing for the 2025 crop. These expenses will be itemized out and are to be paid the date of closing. Any future crop input cost will be issued by the current tenant to the new owner for the 2025 crop season.The crop share lease is a 50%-50% crop share lease. The new buyer will receive 50% of the crop at harvest. The new buyer is responsible for 50% of the input cost of the 2025 crop. 

Survey: Surveys on each tract to be completed before the auction. Net acres could change slightly. Acre change announcement to be made prior to the auction. 

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

Farm Closing: September 17th, 2025

FSA Information: Call Land Broker Matt Skinner or Land Broker Luke 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.

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.