POLK COUNTY: 93 ACRES M/L
- The Dirt Dealer
- Oct 31
- 4 min read
FRIDAY, DECEMBER 5, 2025 at 3:00 PM
MITCHELLVILLE COMMUNITY CENTER
120 2ND STREET NE
MITCHELLVILLE, IOWA
LISTING AGENT:
LISTING # 25138
DRONE AND MORE PHOTOS
COMING SOON
DESCRIPTION: 93 acres m/l to be offered at auction on Friday, December 5th, 2025, at 3:00 P.M. This property consists of 93 acres m/l, of which there are 92.36 taxable acres m/l and 83 cropland acres m/l. This tract has an average CSR2 of 76.3, with the Polk County average CSR2 being 70.7.
DIRECTIONS: From Mitchellville, Iowa, go north on County Highway S-27 approximately 2.5 miles. The subject property is located on the east side of Highway S-27. From Bondurant, Iowa, go northeast on State Highway 330 & 65 to County Blacktop S-27, then go south on S-27 2.5 miles. The subject is located on the east side of County Blacktop S-27. Please watch for real estate signs.
LEGAL DESCRIPTION: (93 Acres M/L) Southwest Quarter of the Southwest Quarter (SW1/4 SW1/4), lying north of the railroad, Except Parcel 2025-68 Bk 20184; North One-Half of the Southwest Quarter (N1/2 SW1/4), lying SW of the ditch; Southeast Quarter of the Southwest Quarter (SE1/4 SW1/4), lying SW of ditch and north of railroad, all in Section Twenty-four (24), Township Eighty (80) North, Range Twenty-two (22), West of the 5th P.M., Polk County, Iowa. Please see abstract for exact legal description.
FARM PROGRAM INFORMATION: Due to the government shutdown, no FSA information is available at this time.
FARM LEASE: The subject property is rented for the 2025 crop year. The seller will retain 100% of the 2025 crop income or cash rent on the subject property. The lease for 2026 has been terminated.
IMPROVEMENTS: Improvements are field drainage tile and perimeter fence.
PROPERTY TAXES: $2,262/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 93 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, 2026, subject to the current cash rent lease and current tenant’s rights for the 2025 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. The seller will pay all escrow closing costs on advertised tract only.
CLOSING: Closing will occur on or about January 15, 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.
ATTORNEY: Brad Skinner
SELLERS: Jack Douglas Bailey Revocable Family 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.
