February 10th, 2026 at 1:00 pm – For sale
PROPERTY DOCUMENTS
PROPERTY DESCRIPTION
Located in northeast Polk County, north of Bondurant, Iowa or southeast of Elkhart, Iowa in Douglas Township, Section 11 sits this high quality farm consisting of 77.11 +/- net acres that carries an average weighted CSR2 of 86.5. This farmland will be offered for sale at live public auction with online bidding available! The auction will be on February 10th, 2026 at 1:00pm at the Otter Creek Golf Course in Ankeny, Iowa.
Iowa Land Company is honored to represent and offer this quality farmland for sale owned by Diane Grooters, the farm is locally known as the Thompson Family Farm. The farm has been in the family for several decades and has been well taken care of over the years. The farm will have an open lease for the 2026 farming season. Real estate possession will be at closing. This farm also offers the ability to build on if desired, providing country living while enjoying the amenities of Ankeny just a short commute away. Here is your chance to acquire a farm that is well taken care of in a location where land doesn’t come for sale often! Join us and name your price February 10th, 2026 at 1:00pm. Call Land Agent Nick Skinner or Land Broker Cody Skinner today to learn more about this Polk County, Iowa farm for sale.
Tract 1
- 77.11 +/- Taxable Acres
- 77.10 +/- FSA Cropland Acres
- 86.5 CSR2 Average
- Outstanding soil ratings
- Canisteo, Clarion, Nicollet Clay loam soils make up the majority soil types – 87-91 CSR2 average!
- Hard surface road NE 64th street borders the farm on the east side of the farm
- Heartland Cooperative is 4 miles southwest of the farm for easy grain transportation
- The farm has an open lease for the 2026 growing season
- The buyer will receive real estate possession at closing
- Great farm option for a buyer looking to expand their farm acres or an investor looking for an attractive return in a strong agriculture area with transitional development potential.
- Located 7.5 miles east of Ankeny Iowa
- Located 5.5 miles north of Bondurant, Iowa
- Located 3.5 miles southeast of Elkhart, Iowa
Auction Date: February 10th, 2026
Auction Time: 1:00 PM
Auction Location: Otter Creek Golf Course
Auction Address: 4100 NE Otter Creek Drive, Ankeny, IA 50021
Sale Method: The farm will be sold at live public auction with online and phone bidding opportunities for all buyers.
Farm Lease: The farm lease is open for the 2026 farming season.
Survey: A survey will not be completed, the farm will be sold using taxable acres.
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 seller’s attorney trust account. The remaining balance will be due at closing.
Farm Possession: The buyer will receive real estate possession at closing.
Farm Closing: March 25th, 2026
FSA Information: Call Land Broker Cody Skinner or Land Agent Nick Skinner or for any FSA information questions prior to the auction. Note all FSA information is estimated to the best seller and Iowa Land Company. All information is subject to change.
Mineral Rights: All mineral rights owned by the seller if any will be conveyed to the buyer at closing.
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 Agent Nick Skinner or Land Broker Cody 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.
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.
Brief Legal Description
77.11 +/- Taxable Acres located in Polk County, Douglas township, section 11.
Taxes:
$3,034 +/- Annually Estimated
From Elkhart, Iowa
- Travel east on NE 126th Ave for 1 mile
- Turn right or south onto NE 56th St. for 2.1 miles
- Turn left or east onto NE 110th Ave for .5 mile
- The farm is located on the south side of 110th Ave.
- Auction signs are located on the farm.
PROPERTY AERIAL
LAND AGENT
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