HANCOCK COUNTY: 155 ACRES M/L
Updated: 2 hours ago
FRIDAY, DECEMBER 4, 2026 at 1:00 PM
KLEMME PUBLIC LIBRARY
204 E MAIN STREET
KLEMME, IOWA
LISTING AGENTS:
Kellen Suntken (515-571-8565)
LISTING # 26129
DESCRIPTION: 155 acres m/l to be offered at auction on Friday, December 4th, 2026, at 1:00 P.M. This property consists of 155 acres m/l, of which there are 151.74 taxable acres m/l and 151.55 cropland acres m/l. This tract has an average CSR2 of 83.7, with the Hancock County average CSR2 being 74.6.
DIRECTIONS: From Meservey, Iowa, go north on hard surfaced road Balsam Avenue approximately 3.5 miles, then go west on country rock road 140th Street for 2.5 miles. The subject property is located on the south side of the road. Please watch for real estate signs.
LEGAL DESCRIPTION: Northwest Quarter (NW1/4) Except Parcel ‘A’ in the Northwest Quarter of the Northwest Quarter (NW1/4 NW1/4) of Section Fourteen (14), Township Ninety-four (94), Range Twenty-three (23) West of the 5th P.M., Hancock County, Iowa. Please refer to the abstract for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 151.55 acres
Corn Base: 126.32 acres PLC Yield: 165 bu.
Bean Base: 25.09 acres PLC Yield: 35 bu.
This farm is Non-Highly Erodible Land. No Wetlands determination has been completed.
FARM LEASE: The farm is leased out for 2026. The seller will retain 100% of the cash rent income from the 2026 crop year. The lease for 2027 has been terminated.
IMPROVEMENTS: Improvements are field drainage tile and perimeter fence.
PROPERTY TAXES: $5,694/year. Property taxes will be prorated to the date of closing.
TERMS AND CONDITIONS
SALE METHOD: This tract will be offered as a single tract of 155 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 January 15, 2027, subject to the 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 January 15, 2027. The balance of the purchase price will be payable at closing in cash, guaranteed check, or wire transfer.
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.