Poweshiek County Online Land Auction

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Online Bidding Only: Thursday, May 1 @ 10 a.m. – Thursday, May 8 @ 11 a.m.


Description: Excellent opportunity to own 40 acres m/l just off Highway 146 south of Grinnell in Poweshiek County. The farm provides 32.7 acres m/l of income producing CRP ground with the remaining acres consisting of waterways and timber. The farm would be great for a building site just off a paved road.

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Matt Mann

Matt Mann

Vince Johnson

Vince Johnson

Taxes, FSA Data & Property Info

Estimated Net Taxes

$728/year

FSA Data

Farm Number: 4223

Tract Number: 9028

Cropland Acres: 41.62

Corn Base Acres: 41.61

Corn PLC Yield: 136 bu/a

Soybean Base Acres: 00.0

Soybean PLC Yield: 0 bu/a

2025 Farm Program Election: Corn and Soybeans are enrolled under the CRP farm program on 32.7 acres with an annual payment of $7,374.

*Information is estimated pending a reconstitution of farm by the Poweshiek County FSA Office.

Legal Description

Poweshiek County, Iowa - Lot 6 of Section 5, all in Township 78 North, Range 16 West of the 5th P.M. (Final legal description will be determined from Abstract)

Property Location

Sales Terms & Announcements

Method: This property will be offered for sale as an individual tract using a timed online-only auction. Iowa Land Sales and its representatives are acting as agents of the seller. Seller reserves the right to reject any and all bids. If a bid is placed with less than 3 minutes left, the time on the auction will extend another 3 minutes. This procedure will continue until no bids are placed within the last 3 minutes of the auction. Bidding will be based on total dollar increments.

Contract & Earnest Payment: A 10% earnest money payment is required on the day of the auction. Earnest payment may be paid in the form of cash or check. High bidder will enter into a real estate contract immediately upon the conclusion of the auction and deposit with Iowa Land Sales the required earnest payment. All funds will be deposited and held in the Iowa Land Sales trust account. Bidding is not contingent on buyer financing.  If the Buyer fails to fulfill the terms of the Purchase Agreement to be executed on the day of the sale, Seller may forfeit the Agreement, and all payments made by Buyer shall be forfeited, including earnest money.

Closing & Possession: Closing will occur on or about June 11, 2025. Balance of purchase price payable in cash or guaranteed check at closing. Possession of the farm and dwelling will be given at closing. Seller will grant early possession of the farm ground for spring tillage purposes if needed.

Announcements: All property is sold on an “As is, Where is” basis. No warranty or guaranty, either expressed or implied, is made by the auctioneer or seller. Sale is subject to all covenants, leases and easements of record. Conducting inspections and due diligence is the responsibility of each bidder and at their own risk. Announcements made on the day of the sale take precedence over previously printed information or oral statements.

Disclaimer: Iowa Land Sales obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

To register and bid online:

https://bid.iowalandsales.com/auctions

Timed Online bidding will begin Thursday, May 1 at 10 a.m. and will end at 11 a.m. on Thursday, May 8, 2025.

Online Bidding: When using Iowa Land Sales & Farm Management’s online auction platform, all bidders recognize that the Internet may be unpredictable in performance and may, become inoperative, hinder access, or have slow connection to the online auction platform. All bidders agree that Iowa Land Sales & Farm Management nor its affiliates, members, officers, agents, or contractors are, in any way, responsible for any interference, missed bids, failure of software, or connectivity issues the bidder may experience when utilizing the online auction platform. Iowa Land Sales & Farm Management reserves the right to extend, continue, or close bidding if deemed necessary.

Disclaimer: Iowa Land Sales obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisers should conduct your own investigation of the property and transaction.