Pacific Junction, IA 51561 - Mills County

Located in Mills County in the Missouri River bottom near Pacific Junction, Iowa sits this 306.37 +/- acres of high percentage farmland that will be offered for sale at live public auction! The farm auction will be on September 2nd, 2022 at 1:00pm in Glenwood, Iowa at the American Legion Post.

Iowa Land Company is honored to represent the farmland owned by Norman Sargent and Frances Keown Trust. A total of four tracts of land are available; 120 +/- acres, 30.64 +/- acres, 76.94 +/- acres, and 80.07 +/- acres on September 2nd. These great farms offer tillable CSR2 values ranging from 69.8 81.9.

Its hard to find acres available to buy in Southwest Iowa. Here is a great opportunity to expand your farming operation, increase your investment portfolio, or buy your first farm. Join us and name your price September 2nd at 1:00pm in Glenwood, Iowa.

Farm Information

Tract 1 120 +/- Gross Acres

117.57 +/- FSA NHEL Cropland Acres

81.3 CSR2

Base Acres (combined with tract 2 see 156ez)

68.4 Corn

67.0 Soybean

PLC Yield (combined with tract 2 see 156ez)

138 Corn

37 Soybeans

Tract 2 30.64 +/- Gross Acres

29.17 +/- FSA NHEL Cropland Acres

70.4 CSR2

Base Acres (combined with tract 2 see 156ez)

68.4 Corn

67.0 Soybean

PLC Yield (combined with tract 2 see 156ez)

138 Corn

37 Soybeans

Tract 3 76.94 +/- Gross Acres

74.12 +/- FSA NHEL Cropland Acres

69.8 CSR2

Base Acres (combined with tract 2 see 156ez)

37.3 Corn

36.8 Soybean

PLC Yield (combined with tract 2 see 156ez)

138 Corn

37 Soybeans

Tract 4 80.07 +/- Gross Acres

57.84 +/- FSA NHEL Cropland Acres

81.9 CSR2

Base Acres (combined with tract 2 see 156ez)

37.3 Corn

36.8 Soybean

PLC Yield (combined with tract 2 see 156ez)

138 Corn

37 Soybeans

Auction Date: September 2nd, 2022

Auction Time: 1:00 PM

Auction Location: Glenwood, Iowa American Legion Post

Auction Address: 104 N Vine St. Glenwood, Iowa 51534

Sale Method: The farm will be offered as four tracts at live public auction with online bidding per buyers choice method. Winning bidder has their CHOICE of which tract they desire, they also have the option to purchase multiple or all tracts.

Farm Lease: Full possession is February 28, 2023. Buyer to receive full possession March 1, 2023.

Survey: No surveys will be conducted prior to closing. We are selling gross +/- acres found at the courthouse.

Purchase Agreement: Immediately upon conclusion of the auction, if the sellers reserve amount has been met, the high bidder will enter into a real estate sales contract and deposit with the sellers attorney the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer obtaining financing.

Earnest Money: 10% earnest money payment is required on the day of the auction. All funds will be held in the sellers attorney trust account. Remaining balance will be due at closing.

Farm Possession: Buyer will receive full possession March 1st, 2023.

Farm Closing: October 6th, 2022

FSA Information: Call Land Broker Cody Skinner or Land Broker Nick Skinner for any FSA information questions prior to the auction. Note all FSA information is estimated to the best knowledge of the seller and Iowa Land Company. All information is subject to change. Farm will be subject to a new FSA conservation plan.

Mineral Rights: All mineral rights owned by the seller will convey to the buyer.

Bidder Registration: All active bidders must be registered prior to bidding on the farm. All bidders must have a bid card to bid on the farm. Call Land Broker Cody Skinner or Land Broker Nick Skinner prior to the sale if you are unable to attend the sale but have an interest in the farm. We do have online bidding available. You must sign up for online bidding at least 24 hours before the sale unless special arrangements have been made with Iowa Land Company.

Terms and Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold AS IS-WHERE IS basis with no warranties or guarantees, either expressed or implied by the Seller or Iowa Land Company.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither Iowa Land Company nor the Seller make any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or more or less. Any announcements made auction day by Iowa Land Company will take precedence over any previously printed materials or oral statements. Iowa Land Company and Seller reserve the right to preclude any person from bidding if there are any questions as to the persons credentials or fitness to bid.