Tama County, Iowa 117.51 +/- Acre Sealed Bid Farmland Sale

Farm Details

• 117.51 +/- Taxable Acres
• 114.84 +/- FSA Cropland Acres
• 89.7 CSR2 Average
• The PLC yields are below
  • Corn – 157 bushel / acre 
  • Soybean – 52 bushel / acre
• Located 7 miles south of Grundy Center, Iowa in Lincoln township, sections 7 & 8.
• This farm is located in a very highly desired area of Tama county, just one mile east of the Grundy county line. 
• The farm is leased for the 2025 farming season
• The farm has an open farm lease for 2026
• Buyer will receive real estate possession at closing and full possession March 1, 2026
• Great laying farm with natural drainage toward the waterways
• Over 86 acres is Tama silty clay loam soils, 87 – 95 CSR2 farmland
• The buyer will receive 2026 agricultural possession March 1, 2026
• Three field entrances along 120th street are used to access this farm

Sealed Bid Due Date and Time: September 30th, 2025 at 3:00 PM CST

Sale Method: Farm will be offered as one tract via sealed bid sale. Contact Land Broker Cody Skinner or Nick 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 September 30th, 2025 at 3pm CST.

Bid Submission Process and Earnest Money: All interested parties are required to make a sealed bid on the 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 Grundy Center, Iowa office or emailed to Nick Skinner or Cody Skinner on or before September 30th, 2025 at 3pm CST. Iowa Land Company will notify the winning bidder. The winning bidder will be required to submit a 10% earnest money check within 24 hours after acceptance. 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 Nick Skinner or Cody Skinner to request one to be mailed to you. 

Farm Lease: The farm is leased for 2025 per a cash rent agreement. Seller will retain the entire 2025 farm cash rent income. The farm will have an open 2026 farm lease for the new buyer. 

Survey: No survey will be needed. We are selling taxable acres.

Earnest Money: The winning bidder will be required to submit a 10% earnest money check within 24 hours after acceptance. 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. 

Farm Possession: Buyer will receive real estate possession at closing and full possession March 1st, 2026.  

Farm Closing: November 13th, 2025

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 if any will be conveyed to the buyer at closing.

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.