Tama County, Iowa 312.73 +/- Acre 2 Tract High Quality Farmland Auction

Tract 1 

• 167.06 +/- Net Acres
• 165.26 +/- FSA Cropland Acres
• 87.4 CSR2
  • Majority soil types include 
    • Dinsdale silty clay loam 5% – 9% slope and 2% – 5% slope
    •  Colo-Ely complex 
• Base Acres – Corn 100.55, Soybeans 55.30
• PLC Yield – Corn 170, Soybeans 43
• Buyer to receive the full 2026 cash rent of $54,740 (contact agent for details)
• Great laying farm with natural drainage and little to no waterways needed
• 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. 
• The farm offers a 90’ x 54’ steel utility building that was built in 1976 according to the Tama county assessor website. The building is in good condition for its age and very functional. 
• 115th Street runs along the north side of the farm
• South Avenue runs along the west side of the farm

Tract 2 

• 145.67 +/- Taxable Acres
• 144.09 +/- FSA Cropland Acres
• 82 CSR2 Average
• Base Acres – Corn 90.10, Soybeans 49.55
• PLC Yield – Corn 170, Soybeans 43
• Buyer to receive the full 2026 cash rent of $51,340 (contact agent for details)
• Highway D65 road frontage along the south side of the farm
• T Ave runs along the east side of the farm

Auction Date: February 19th, 2026

Auction Time: 1:00 PM 

Auction Location: Memorial Building – Traer, Iowa

Auction Address: 414 2nd St, Traer, IA 50675

Sale Method: The farms will be sold at live public auction with online and phone bidding opportunities for all buyers. Tract’s #1 and Tract’s #2 will sell via the buyer’s choice method. 

Farm Lease: The farm is leased for the 2026 farming season. The buyer(s) will receive the entire 2026 cash rent income and receive full agricultural possession March 1, 2027.

Survey: A survey will not be completed by the owner prior to closing. The acreage multiplier is net 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 and full agriculture possession March 1, 2027.

Farm Closing: March 31, 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.