MARSHALL COUNTY: 523 ACRES M/L
FRIDAY, NOVEMBER 20, 2026 at 10:00 AM
OFFERED IN MULTIPLE TRACTS
ROCK ISLAND INN & SUITES
3303 S CENTER STREET
MARSHALLTOWN, IOWA
LISTING AGENTS:
LISTING # 26122
DRONE AND MORE PHOTOS
COMING SOON
DESCRIPTION: 523 acres m/l to be offered in 7 individual tracts at auction on Friday, November 20th, 2026, at 10:00 A.M. These 7 tracts range from a 5-acre m/l acreage to 150 acres m/l. The CSR2 values range from 72.9 to 90.8, with the Marshall County average CSR2 being 75.7.
DIRECTIONS: From Liscomb, Iowa, go west on County Blacktop E-18 to County Blacktop S-62. Follow S-62 south and then go to the west to Hart Avenue, a county rock road, then go north on Hart Avenue to 120th Street, then go west on 120th Street to Glick Avenue. Please follow the real estate signs at that point as the subject properties are all located north along and near Glick Avenue.
TRACT 1
LEGAL DESCRIPTION: (150 Acres M/L) Northwest Fractional Quarter (NW Frl. 1/4), Except Parcel A, located in the SE1/4 NW1/4, all in Section Seven (7), Township Eighty-five (85) North, Range Nineteen (19), West of the 5th P.M., Marshall County, Iowa. Please refer to abstract for exact legal description.
CSR2: 83.5
FARM PROGRAM INFORMATION:
Cropland: 149.03 acres
Corn Base: 92 acres PLC Yield: 182 bu.
Bean Base: 47 acres PLC Yield: 55 bu.
This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $5,922/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence.
TRACT 2
LEGAL DESCRIPTION: (72 Acres M/L) North One-Half of the Southwest Fractional Quarter (N1/2 SW Frl. 1/4) in Section Six (6), Township Eighty-five (85) North, Range Nineteen (19), West of the 5th P.M., Marshall County, Iowa, Except the South 550’ of the East 383’ of the NE1/4 SW1/4. Please refer to abstract for exact legal description.
CSR2: 73.4
FARM PROGRAM INFORMATION:
Cropland: 69.85 acres
Corn Base: 43 acres PLC Yield: 182 bu.
Bean Base: 22 acres PLC Yield: 55 bu.
This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $2,428/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence.
TRACT 3
LEGAL DESCRIPTION: (37 Acres M/L) Southwest Quarter of the Northwest Fractional Quarter (SW1/4 NW Frl. 1/4) in Section Six (6), Township Eighty-five (85) North, Range Nineteen (19), West of the 5th P.M., Marshall County, Iowa. Please refer to abstract for the exact legal description.
CSR2: 72.9
FARM PROGRAM INFORMATION:
Cropland: 33.25 acres
Corn Base: 20 acres PLC Yield: 182 bu.
Bean Base: 10 acres PLC Yield: 55 bu.
This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $1,240/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence.
TRACT 4
LEGAL DESCRIPTION: (80 Acres M/L) Southeast Quarter of the Northwest Quarter (SE1/4 NW1/4); Northeast Quarter of the Southwest Quarter (NE1/4 SW1/4), all in Section Eighteen (18), Township Eighty-five (85) North, Range Nineteen (19), West of the 5th P.M., Marshall County, Iowa. Please refer to abstract for exact legal description.
CSR2: 88.2
FARM PROGRAM INFORMATION:
Cropland: 79.28 acres
Corn Base: 49 acres PLC Yield: 182 bu.
Bean Base: 26 acres PLC Yield: 55 bu.
This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $3,440/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence.
TRACT 5
LEGAL DESCRIPTION: (99 Acres M/L) North One-Half of the Northwest Quarter of the Southwest Quarter (N1/2 NW1/4 SW1/4); Northeast Quarter of the Southwest Quarter (NE1/4 SW1/4); Southeast Quarter of the Southwest Quarter (SE1/4 SW1/4), all in Section Seven (7), Township Eighty-five (85) North, Range Nineteen (19), West of the 5th P.M., Marshall County, Iowa. Please refer to abstract for exact legal description.
CSR2: 90.8
FARM PROGRAM INFORMATION:
Cropland: 94.41 acres
Corn Base: 59 acres PLC Yield: 182 bu.
Bean Base: 30 acres PLC Yield: 55 bu.
This farm is classified as Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $4,216/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence
TRACT 6
LEGAL DESCRIPTION: (80 Acres M/L) East One-Half of the Southeast Quarter (E1/2 SE1/4) in Section One (1), 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.
CSR2: 82.5
FARM PROGRAM INFORMATION:
Cropland: 77.28 acres
Corn Base: 49 acres PLC Yield: 182 bu.
Bean Base: 25 acres PLC Yield: 55 bu.
This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time.
PROPERTY TAXES: $3,146/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence.
TRACT 7
LEGAL DESCRIPTION: (5 Acres M/L) Beginning in the SE Corner of the NE1/4 NW1/4 of Section Eighteen (18), Township Eighty-five (85) North, Range Nineteen (19), West of the 5th P.M., Marshall County, Iowa, thence West 300’, North 675’, East 300’, South 675’ to the point of beginning. Please refer to abstract for exact legal description.
RESIDENCE: This ranch-style home was originally built in 1954 and has had an addition since that time. The exterior features a combination of wood siding and brick, with an asphalt-shingle roof. The main floor offers approximately 2,288 square feet of living space, with an additional 1,400 square feet in the basement. The main level includes three bedrooms, several bathrooms, a laundry area, and a spacious kitchen with ample cabinetry; all kitchen appliances remain with the property. The living room features a wood-burning fireplace and built-in cabinetry, while the basement also includes a fireplace. There is also a bedroom in the basement. The home has a single attached garage located on the west end and a deck on the north side. The property utilizes rural water and is equipped with an LP-gas furnace estimated to be 15–20 years old, along with central air conditioning. Overall, the home is in fair condition and is being sold “As Is.”
OUTBUILDINGS: This property has several outbuildings, such as 4 round steel bins for grain storage, 2 machine sheds, and a concrete silo along with several other miscellaneous buildings. Most of these improvements are in fair condition. All are being sold "As Is."
PROPERTY TAXES: $3,000/year. Property taxes will be prorated to date of closing.
IMPROVEMENTS: This property is unimproved except for field drainage tile and perimeter fence.
OPEN HOUSE: An open house will be held on October 31, 2026, from 10:00 AM to 12:00 P.M. Please contact the agents if another time would be more convenient to look at this home.
TERMS AND CONDITIONS
FARM LEASE-ALL TRACTS: Sellers are to retain all of the 2026 cash rent due for 2026. Contact the auctioneer for details. The lease for 2027 has been terminated.
SALE METHOD: All of the tracts will be offered as individual tracts and will not be combined. Tract 1 will be sold as 150 acres m/l, Tract 2 will be sold as 72 acres m/l, Tract 3 will be sold as 37 acres m/l, Tract 4 will be sold as 80 acres m/l, Tract 5 will be sold as 99 acres m/l, Tract 6 will be sold as 80 acres m/l, and Tract 7 will be sold as 5 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 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 January 15, 2027. 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: Brandon Buck
SELLERS: M. Corinne Martin Estate & Dale V. Martin 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.