MARSHALL COUNTY: 151 ACRES M/L
- The Dirt Dealer
- Oct 29
- 4 min read
Updated: Nov 19
FRIDAY, DECEMBER 12, 2025 at 3:00 PM
DAKINS COMMUNITY CENTER
105 E MAIN STEET
ZEARING, IOWA
LISTING AGENTS:
LISTING # 25139
DESCRIPTION: 151 acres m/l to be offered in two individual tracts at auction on Friday, December 12th, 2025, at 3:00 P.M. Tract 1 consists of 74 gross acres m/l with 72.9 cropland acres m/l and a CSR2 of 76.9. Tract 2 consists of 77 gross acres m/l with 73.21 cropland acres m/l and a CSR2 of 64.5. The Marshall County CSR2 is 75.7.
DIRECTIONS: From St. Anthony, Iowa, go north on County Blacktop S-57 to County Blacktop E-18, then go east on E-18 approximately 1/4 mile. Tract 1 is located on the south side of E-18, with Tract 2 located on the north side of E-18. Please watch for real estate signs.
TRACT 1
LEGAL DESCRIPTION: (74 Acres M/L) Northeast Quarter of the Northwest Quarter (NE1/4 NW1/4), Except Parcel “A”; Northwest Quarter of the Northeast Quarter (NW1/4 NE1/4), Except Parcel “A”, and Except the highway, all in Section Twenty-one (21), Township Eighty-Five (85) North, Range Twenty (20), West of the 5th P.M., Marshall County, Iowa. Please refer to abstract for exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 72.9 acres (Est)
Corn Base: 30.77 acres (Est) PLC Yield: 148 bu.
Bean Base: 37.78 acres (Est) PLC Yield: 40 bu.
This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $2,642/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: Improvements are field drainage tile and perimeter fence.
TRACT 2
LEGAL DESCRIPTION: (77 Acres M/L) South One-Half of the Southeast Quarter (S1/2 SE1/4), Except the highway, all in Section Sixteen (16), Township Eighty-Five (85) North, Range Twenty (20), West of the 5th P.M., Marshall County, Iowa. Please refer to abstract for exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 73.21 acres (Est)
Corn Base: 30.91 acres (Est) PLC Yield: 148 bu.
Bean Base: 37.94 acres (Est) PLC Yield: 40 bu.
This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $2,284/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: Improvements are field drainage tile and perimeter fence.
FARM LEASE: The subject properties are rented for the 2026 crop year, with current lease to be assigned to buyer at closing. Buyer to receive 100% of the crop income or cash rent for 2026. The tenant has agreed to consider a buyout of this lease for 2026.Contact the auctioneer for details. The lease for 2027 has been terminated.
TERMS AND CONDITIONS
SALE METHOD: These tracts will be sold as two individual tracts and will not be combined. Tract 1 will be sold as 74 acres m/l and Tract 2 will be sold as 77 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 February 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 tracts only.
CLOSING: Closing will occur on or about February 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 advertised tracts 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: Kevin Hitchins
SELLERS: Colleen Welch Estate
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.
