Creamery Road, Afton, IA 50830 - Union County

Union County, Iowa Farmland Auction - Mark your calendar for Saturday, January 25th at 10:00 AM! Peoples Company and Hometown Insurance & Realty are pleased to present this versatile mixed-use farm, offering both productive soils and the potential to expand cultivation. Currently, 75.95 acres are under production, boasting a CSR2 of 57.2. The farm's primary soil types include the highly productive Sharpsburg and Colo soils. Notably, 16.60 acres of Sharpsburg soil, with a CSR2 of 91, are strategically located on the high ridges of the farm, providing consistently strong yields. With a little work, a new owner could square portions of the farm up, which would simultaneously add acres into production while improving the farmability.

In addition to the land currently being farmed, this property includes approximately 31.21 acres of unplanted ground featuring a pond. A buyer aiming to maximize the propertys potential could clear some of the overgrown brush and trees to create pastureland, or more tillable acres could be brought into production. Partial fencing is already in place, with the remaining sections requiring completion by the new owner. Situated in the heart of prime deer territory, the timber draws could also be left intact, providing excellent opportunities for hunting. With a mix of productive tillable land and exceptional hunting potential, this property offers a versatile and rewarding investment.

This farm is located in Section 21 of Dodge Township, north of Afton. This piece would clean up nicely and be a great addition to any operation or an excellent piece for a beginning farmer looking to get their start. The farm lease has been terminated, leaving the land open for the 2025 planting season. Take advantage of your chance to add some high-quality ground to your portfolio.

This tract will be sold using the traditional auction method. The auction will be held at 10:00 A.M. CT on Saturday, January 25th, 2025, at the Union County Fair Grounds in Afton, Iowa. This auction can also be viewed through a Virtual Online Auction option, and online bidding will also be available.

*This auction is being conducted in partnership with Hometown Insurance & Realty. Please get in touch with Jamie Travis for more information on this listing at 641.344.6228.

*Net Taxes are estimated and will need to be reconfigured*

Auction Details & Terms

Union County, Iowa Land Auction

113.41 Acres M/L

Saturday, January 25th, 2025 at 10:00 AM

Seller: Robert Dike

Auction Location:

Union County Fairgrounds

301 S Grace Street

Afton, IA 50830

Online Bidding: Register to bid on our website. Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide a slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.

Auction Method: The property will be offered as one individual tract. All bids will be on a price-per-acre basis. This auction can also be viewed through a Virtual Online Auction option, and online bidding will be available.

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.

Farm Program Information: Farm Program Information is provided by the Clarke County Farm Service Agency. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc., are subject to change when the farm is reconstituted by the Clarke County FSA and NRCS offices.

Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. It may be paid in cash or check. All funds will be held in Peoples Companys Trust Account.

Closing: The closing will occur on or before Tuesday, February 25th, 2025. The balance of the purchase price will be payable at closing in the form of cash, guaranteed checks, or wire transfers.

Possession: Possession of the land will be given At Closing.

Farm Lease: No farm lease is in place.

Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Peoples Company the required earnest money payment. The Seller will provide a current abstract at their expense. The Sale is not contingent upon Buyer financing.

Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Sellers. Not all tract and boundary lines are fenced and if needed, will be the responsibility of the Buyer at closing. Existing fence lines may not fall directly on the legal boundary.

Surveys: The survey has been completed.

Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an As is Where is basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per-acre basis. Peoples Company and its representatives are agents of the Seller. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made on auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.

Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. Buyer should perform his/her investigation of the property before bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from Abstract.