HANCOCK COUNTY: 378 ACRES M/L
- May 29
- 4 min read
Updated: Jun 2
FRIDAY, JUNE 26, 2026 at 10:00 AM
KLEMME PUBLIC LIBRARY
204 E MAIN STREET
KLEMME, IOWA
LISTING AGENTS:
Kellen Suntken (515-571-8565)
LISTING # 26106
DESCRIPTION: 378 acres m/l to be offered in a single tract at auction on Friday, June 26th, 2026, at 10:00 A.M. This property consists of 378 acres m/l, of which there are approximately 372.95 taxable acres and approximately 374 cropland acres. This tract has an average CSR2 of 65, with the Hancock County average CSR2 being 74.6.
DIRECTIONS: From Goodell, Iowa, go west on County Blacktop B-63/110th Street approximately 4 miles. The subject property is located in the southwest corner of the intersection of Oak Avenue and B-63/110th Street. Please watch for real estate signs.
LEGAL DESCRIPTION: East One-Half of the Northwest Quarter (E1/2 NW1/4), and the East Half (E1/2) of Section Thirty-two (32), Except the building site, Township Ninety-four (94) North, Range Twenty-four (24), West of the 5th P.M., Hancock County, Iowa. Please refer to the abstract for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 374 acres (Est)
Corn Base: 191.60 acres PLC Yield: 153 bu.
Bean Base: 106.10 acres PLC Yield: 38 bu.
A HEL determination has not been completed for all fields on the tract. This farm does contain Wetlands.
This tract contains five separate CRP contracts that are as follows: 25.1 acres paying $5,095 annually expiring in 2034, 28.14 acres paying $5,915 annually expiring in 2030, 0.8 acres paying $150 annually expiring in 2030, 16.3 acres paying $4,432 annually expiring in 2032, and 1.39 acres paying $417 annually expiring in 2034.
FARM LEASE: The farm is leased for 2026. The lease for 2027 has been terminated. The buyer will receive the second half of the 2026 cash rent as well as all 2026 CRP payments. Contact the auctioneer for details.
IMPROVEMENTS: Improvements are field drainage tile and perimeter fence.
PROPERTY TAXES: $9,200/year (Est). Property taxes will be prorated to date of closing.
TERMS AND CONDITIONS
SALE METHOD: This tract will be offered as an individual tract of 378 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 July 31, 2026.
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 July 31, 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 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.
ALL BIDS WILL BE ON A PER ACRE BASIS.
ATTORNEY: Zach Chizek
SELLERS: Lynn D. and Carol S. Christeson Joint Revocable Trust
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.
