FLOYD COUNTY: 140 ACRES M/L
- Jun 23
- 3 min read
Updated: Jul 16
FRIDAY, AUGUST 14, 2026 at 2:00 PM
ROCKFORD COMMUNITY CENTER
206 W MAIN AVENUE
ROCKFORD, IOWA
LISTING AGENTS:
LISTING # 26118
DESCRIPTION: 140 acres m/l to be offered at auction on Friday, August 14th, 2026, at 2:00 P.M. This property consists of 140 acres m/l, of which there are 136.91 taxable acres m/l and 138.92 cropland acres m/l. This tract has an average CSR2 of 90.6, with the Floyd County average CSR2 being 79.5.
DIRECTIONS: From Nora Springs, Iowa, go north on County Highway S-70 to 110th Street, a county rock road, then go east on 110th Street to Dancer Avenue, a county rock road, then go north on Dancer Avenue 1/2 mile. The subject property is located on the west side of Dancer Avenue. Please watch for real estate signs.
LEGAL DESCRIPTION: (140 Acres M/L) East One-Half of the Northeast Quarter of the Southwest Quarter (E1/2 NE1/4 SW1/4); Northwest Quarter of the Southeast Quarter (NW1/4 SE1/4); South Half of the Northeast Quarter (S1/2 NE1/4), all in Section Twenty-one (21), Township Ninety-seven (97) North, Range Eighteen (18), West of the 5th P.M., Floyd County, Iowa. For the precise legal description, refer to the property’s abstract or survey.
FARM PROGRAM INFORMATION:
Cropland: 138.92 acres
Corn Base: 71.60 acres PLC Yield: 168 bu.
Bean Base: 55.7 acres PLC Yield: 51 bu.
This farm is classified as Non-Highly Erodible Land. Tract does not contain a Wetland.
FARM LEASE: The subject property is rented for the 2026 crop year. The sellers will retain 100% of the crop income or cash rent for 2026. The lease for 2027 has been terminated.
IMPROVEMENTS: Improvements are field drainage tile and perimeter fence.
PROPERTY TAXES: $5,500/year. Property taxes will be prorated to date of closing.
TERMS AND CONDITIONS
SALE METHOD: This tract will be offered as an individual tract of 140 acres m/l.
MINERALS: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer.
EARNEST PAYMENT: A 15% earnest money payment is required on the day of the auction. The earnest payment may be paid in the form of cash or check. All funds will be held in the named attorney’s trust account.
POSSESSION: Possession will be granted at closing, on or about October 1, 2026, subject to the current cash rent lease and current tenant’s rights for the 2026 crop year.
CONTRACT AND TITLE: Immediately upon conclusion of the auction the high bidder will enter into a real estate contract and deposit with Mid Iowa Real Estate, Auctions, & Appraisals the required earnest payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon buyer financing. Seller to pay all escrow closing costs on advertised tract only.
CLOSING: Closing will occur on or about October 1, 2026. The balance of the purchase price will be payable at closing in cash, guaranteed check, or wire transfer.
SURVEY: At the Seller’s option, the Seller shall provide a new survey where there is not an existing legal or where new boundaries are created. The Seller will be responsible for any survey costs on the advertised tract only.
BIDDER REGISTRATION: All prospective bidders must register with the auction company and receive a bidder’s number in order to bid at the auction.
ONLINE BIDDING: Please visit our website to register for online bidding. Mid Iowa Real Estate, Auctions, & Appraisals cannot be held liable for any technical difficulties relating to the server, software, internet, or other online auction-related technologies. Bidders shall have no claims against the auction company or Sellers if their bids are not accepted.
ATTORNEY: John Duffy
SELLERS: Diegel Farm, LLC
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 or guarantees, expressed or implied, made by the Realtor or Seller. All potential buyers are urged to perform their due diligence on the subject property prior to the auction. All map boundaries are approximate, and photographs used may or may not depict the actual property. Total tract acres, tillable acres, FSA acres, etc. are approximate and may be subject to change. All bids will be on a per acre basis. Seller reserves the right to accept or reject any and all bids.
Mid Iowa Real Estate, Auctions, & Appraisals and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer will take precedence over any previous 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.
