Tama & Poweshiek County, Iowa 410.21 +/- Acre 3 Tract High Quality Farmland Auction

june 18th, 2025 at 1:00pm – for sale

PROPERTY DOCUMENTS

PROPERTY DESCRIPTION
PROPERTY DESCRIPTION

Located in southeastern Tama County and northeastern Poweshiek County, south of Chelsea, Iowa sits these three farms consisting of 107.00 +/- net acres, 107.15 net +/- acres, and 196.06 +/- net acres. These 410.21 +/- acres of farmland will be offered for sale at live public auction with online bidding available! The auction will be on June 18th, 2025 at 1:00pm at the Brooklyn, Iowa Community Building.

Iowa Land Company is honored to represent and offer this quality farmland for sale owned by Mary R. Lamb Trust also locally known as the “Jon Lamb farms”. The farms will be offered for sale in three separate tracts; Tract 1 – 107.00 +/- acres, Tract 2 – 107.15+/- acres, and Tract 3 – 196.06 +/- acres. Per tract agricultural information is listed below. The farms are leased for the 2025 farming season, the Buyer(s) will receive a prorated portion of the 2025 cash rent income. Real estate possession will be at closing, agriculture possession will be March 1st, 2026. These farms have been very well taken care of for many years. 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 June 18th at 1:00pm. Call Land Agent Nick Skinner or  Land Broker Cody Skinner today to learn more about these Tama County & Poweshiek County, Iowa farms for sale.

Tract 1 

  • 107.00 +/- Taxable Acres
  • 102.66 +/- FSA Cropland Acres
  • 95.9 CSR2 Average
  • 2.83 +/- CRP Acres in a CP21 program, paying $300 per acre and expiring 9/30/2031
  • Outstanding soil ratings 
    • Nelvin, Festina, Wiota Silty Clay loam soils make up the majority soil types – 95 & 100 CSR2 average!
  • Top quality farm with easy access off 380th street

Tract 2 

  • 107.15 +/- Taxable Acres
  • 30.11 +/- FSA Cropland Acres
  • 86.0 CSR2 Average
  • 9.21 +/- CRP Acres 
    • 6.01 +/- in a CP21 program, paying $300 per acre and expiring 9/30/2031
    • 3.20 +/- in a CP9 program, paying $300 per acre and expiring 9/30/2030
  • 76.89 +/- Acres of riverbottom timber and brush making great habitat for all wildlife
  • This farm offers nice tillable farmland acres along with recreation benefits for a sportsman. I saw pheasants, whitetail deer, and turkeys on my tour of the farm
  • This farm borders the Iowa River corridor offering phenomenal pinch points in the fall for the avid hunter 
  • Properties like this are hard to find in this part of the state

Tract 3 

  • 196.06 +/- Taxable Acres
  • 178.14 +/- FSA Cropland Acres
  • 84.5 CSR2 Average
  • Very attractive soil ratings 
    • Colo and Tama Silty Clay loam soils make up the majority soil types – 78 – 95 CSR2 average!
  • Very well taken care of farm
  • Very nice farm that offers good natural water drainage with easy access off 400th street and 197th street

Auction Date: June 18th, 2025

Auction Time: 1:00 PM 

Auction Location: Brooklyn, Iowa Michael J Manatt Community Center

Auction Address: 105 Jackson St, Brooklyn, IA 52211

Sale Method: The farm will be sold as three tracts at live public auction with online bidding available. We will sell each tract separately. 

Farm Lease: The 2025 agricultural possession is leased. Buyer(s) will receive full possession March 1st, 2026 per tenant’s rights. Winning bidder(s) will receive a prorated portion of the 2025 farm cash rent income. 

Survey: A survey will be conducted by the seller prior to closing for Tract 1. Tracts 2 & 3 will not be surveyed, the farms 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 settlement company trust account. The remaining balance will be due at closing.

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

Farm Closing: August 5th, 2025

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  

Tract 1 – 107.00 +/- Taxable Acres located in Tama County, Salt Creek township, section 20. 

Tract 2 – 107.15 +/- Taxable Acres located in Tama County, Salt Creek township, section 20. 

Tract 3 – 196.06 +/- Taxable Acres located in Poweshiek County, Jefferson township, section 6.

Taxes:

Tract 1 – TBD +/- Annually Estimated

Tract 2 – TBD +/- Annually Estimated

Tract 3 – $6,830 +/- Annually Estimated

Coming Soon!

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Nick Skinner
Land Agent
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Cody Skinner
Land Broker / Appraiser
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