Hancock County, Iowa Land Auction Mark your calendar for Friday, November 22nd, 2024! Peoples Company is pleased to offer the sale of 87.46 surveyed acres m/l located south of Garner, Iowa. The farmland will be offered via Public Auction as one tract and will take place at 10:00 AM at the Klemme Public Library.

This high-quality farm consists of 84.28 FSA cropland acres carrying a CSR2 of 86.3, well above the Hancock County average CSR2 of 75. Primary soil types include highly productive Webster clay loam, Nicollet clay loam, and Clarion loam. Farmland acres are designated as NHEL (Non-Highly Erodible Land) and are located within Drainage District #5. In 2010, over 50,000 linear feet of drainage tile was installed on the farm (Refer to the attached tile map). Per discussions with the Hancock County Drainage Clerk, there are no outstanding assessments due or upcoming projects in the Drainage District.

ITC Midwest has an easement for an overhead electric transmission line running east and west through the middle of the property. The easement area is 100 feet in width. There is also a pipeline easement through the northern portion of the property (See attached Pipeline Map). Electric transmission infrastructure is in place, including a 161 kV electric substation owned by Interstate Power & Light Company. With this capacity, there is an increased potential for future wind energy, solar development, or economic development projects. * Any future projects are not guaranteed and should be independently verified by the Buyer.

The tract has close proximity to U.S. Highway 18 & U.S. Highway 69 allowing great access to several competing grain marketing options. The farm lease has been terminated and will be open for the 2025 growing season. The property is located in Section 6 of Ell Township in Hancock County, Iowa.

The land auction can also be viewed through a Virtual Online Auction option, and online bidding will be available.