189.11 Acre Calhoun County, IA Land Auction
Friday, August 7th at 10:00am CT
Lytton Legion Building, Lytton, IA
Live auction with online bidding
Auctioneer’s Note - Throughout many nations and cultures, wealth has always been determined by land ownership. Rich Iowa farmland offers steady income and strong security. The common phrase “the best investment on earth is earth itself” could not be more applicable than in today’s world. This land auction offers a great chance to add acres to any existing operation or would make an outstanding investment property. The farms are offered in manageable sized parcels, or a great opportunity to package the farms together for an outstanding opportunity for all Buyers! We hope to see you at the auction!
Jim R. Green
Brief Legal Descriptions
Farm 1: A parcel of land in the NW FRL ¼ containing 38.59 net acres m/l in Section 19, T89N, R33W, Calhoun Co.
Farm 2: Parcel B of the NE ¼ of Section 30, T89N, R33W of the 5th P.M., Calhoun County, Iowa
Farm 3: Parcel A of the NE ¼ of Section 30, T89N, R33W of the 5th P.M., Calhoun County, Iowa.
General Description & Method of Sale
189.11 net taxable acres of highly productive, well located Calhoun County farmland offered as 3 parcels:
Farm 1: Will be offered on the basis of 38.59 net taxable acres with the final sales price being determined by the high bid times 38.59. The farm is basically all tillable and sits on D15 just West of Knoke. Farm 2: Will be offered on the basis of 78.54 net taxable acres with the sales price being determined by the high bid times 78.54. There are currently 7 acres enrolled in a CRP program that is currently paying $235/acre and is set to expire 9-30-2028. Sellers will assign their interest in the CRP contract and Buyer will agree to assume CRP contract at closing. Farm 3: Will be offered on basis of 71.98 net taxable acres with the sales price being determined by the high bid times 71.98.
The farms will be sold using the Bidder Choice method. The high Bidder may select Farm 1, Farm 2 or Farm 3. If they select all farms the sale will be over. If they select 1 parcel, it will be marked sold and the remaining parcels will be sold. They will NOT be recombined or reoffered in any way.
FSA Data: Effective Cropland acres of 37.83 for Farm 1 and 139.86 for Farms 2 & 3 combined. All 3 farms have a Corn base of 89.40 acres with a PLC yield index of 148; Soybean base of 88.29 acres with a PLC yield index of 42
The current real estate taxes amount to: Farm 1: $1,134/year; Farm 2: $2,122/yr; Farm 3: $2,186/yr
(taxes for Farms 2 and 3 will adjust slightly once deeds recorded to reflect current survey)
Surety Digital Soil Service indicates a CSR2 for Farm 1: 81.5; Farm 2: 80.2; Farm 3: 84.3
Terms Of Sale
Purchaser(s) will be expected to pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance in full on or before November 17, 2026. Possession will be given upon closing with full possession upon removal of the 2026 crop. There are no Buyer contingencies of any kind. All potential bidders are expected to have financial arrangements made prior to bidding. Auctioneers represent the Sellers in this real estate auction. The property is being sold as-is, where-is with no warranties either written or implied. Any announcements made day of sale will supersede any advertising.
Simulcast Internet Bidding
In addition to the Live Auction, there will be Live Simulcast Internet Bidding also available. All online bidders are subject to the same terms and conditions as bidders in attendance. You must register at least 48 hours in advance in order to be approved to bid online, please contact us with any questions.
George A. Mack Revocable Trust, Owner
United Bank of Iowa, Trustee
Attorney for Seller: Kodi Brotherson, Becker & Brotherson Law Office, Sac City
Sale Arranged & Conducted By:
Green Real Estate & Auction Co.
Jim Green & Elliott Bengford, Auctioneers
712-662-4442; Sac City, IA
420 W Main St
Sac City, IA
50583
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