Ranch & Farm Auctions, a division of Whitetail Properties Real Estate, is pleased to offer for sale a 115.75± acre farm located in a very strong agricultural community in northeast Tama County, Iowa. The property is situated 1.5 miles northeast of Traer in Section 2 of Perry Township.
The farm consists of 116.42± FSA cropland acres carrying an average CSR2 of 90.36. Primary soil types include Tama Silty Clay Loam, Sawmill Silty Clay Loam, Muscatine Silty Clay Loam, and Judson Silty Clay Loam. Direct road frontage with access to the farm is available off QQ Ave with a grain elevator only 2 miles away. The farm is rented through the 2026 growing season but will be free and clear with full possession starting March 1, 2027.
The property will be offered via public auction at 10:00 AM on Tuesday, August 25, at the Traer Memorial Building in Traer, Iowa. Online bidding will also be available through RanchAndFarmAuctions.com. This is a well-kept farm in a productive and desirable agricultural region of central Iowa. Producers and farmland investors are encouraged to attend the auction for an opportunity to invest in this high-quality Iowa farmland.
Onsite bidders should bring a government-issued ID
10% down payment immediately after auction - cash, personal, or business checks accepted
If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
High bidder has 30 days to close unless otherwise noted
Announcements on auction day will take precedence over any prior announcements
This is a no contingency sale and is not subject to financing or additional inspections
Possession at closing, subject to tenant’s rights, if any
If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments
Sale Day Notes Info:
BUYERS PREMIUM: No buyer's premiums or internet fees
TAXES: Prorated to date of close
TENANCY: Open tenancy for 2027
RENTS: Seller to retain 2026 rents
MINERALS: Seller-owned rights will convey
CLOSING COSTS: Seller pays for abstract continuation/creation, transfer documents, transfer tax, 1/2 closing fee/ Buyer pays for title opinion, transfer document recording fees, 1/2 closing fee
Licensing
Ranch & Farm Auctions is a licensed trade name of Whitetail Properties Real Estate LLC
Richard F Baugh, Iowa Broker License # B57515100
Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332
Ben Harshyne, Iowa Land Specialist for Whitetail Properties Real Estate, LLC, 319.853.1162
Mitch Dellamuth, Iowa Land Specialist for Whitetail Properties Real Estate, LLC, 319.432.3420
Cody Lowderman, IA Auctioneer, B64012000
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Auctioneer
Ranch & Farm Auctions
115 West Washington Suite 900
Pittsfield, IL
62363
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