Poweshiek County, Iowa 80 +/- Acre, Excellent Quality Farmland Auction

Farm Details 

• 80 +/- Gross Acres
• 81.31 +/- FSA Cropland Acres
• 91 CSR2 Average
• Field entrances off 230th Street
• Nice laying farm in a great area 
• Established waterways 
• Primary soil types are Tama, Muscatine, and Killduff silty loam soils.

Auction Date: August 8th, 2024

Auction Time: 1:00 PM 

Auction Location: Michael J Manatt Community Center

Auction Address: 105 Jackson St, Brooklyn, IA 52211

Sale Method: The farm will be sold as one tract at live public auction with online bidding and phone bidding available.

Farm Lease: The farm is currently leased for the 2024 agriculture season. Full possession is March 1st, 2025 per tenant’s rights. Open lease for 2025.

Survey: A survey will not be completed. We are selling the farm using the multiplier of 80 +/- 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 sellers’ attorney trust account. Remaining balance will be due at closing.

Farm Possession: Buyer will receive partial possession at closing and full possession March 1st, 2025.  

Farm Closing: September 24th, 2024

FSA Information: Call Land Agent Nick Skinner or Land Broker Cody Skinner 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 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 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.