Grand Junction, IA 50107 - Greene County

Tract 2 consists of 54.79 acres m/l (acres subject to change after survey is completed) with 53.48 FSA cropland acres and a CSR2 soil rating of 62.5. The cropland is certified as Non-Highly Erodible Land (NHEL) and the prominent soil types include Mayer loam, Webster clay loam, and Wadena loam. Access is from the west off Iowa Highway 144. The Union Pacific Railroad tracks make up the eastern boundary of the farm.

A Wetland Determination was completed by the Greene County NRCS Office in 2016 that certified the cropland acres as Prior Converted / Non-Wetland (PC/NW) with no drainage restrictions on the tract. Previously, this tract has been farmed as an organic farm; however, an incoming buyer could continue the organic practice or convert the tract to conventional farming practices.

The tract was enrolled in a Windpark Easement Agreement with Mid-American in 2016 and is a part of the Beaver Creek Wind Project. Although there is no wind turbine on the farm, a payment is still made on the land. An incoming buyer will receive the 2025 land payment.

The farmland tract is open for the 2025 cropping season. This highly tillable farmland tract is located within the southwest Quarter of Section 16 and the northwest Quarter of Section 21 in Junction Township, Greene County, Iowa.

Greene County, Iowa Online Only Auction

156.04 Acres M/L

Offered as Two Tracts

Bidding Ends: Thursday, February 20th, 2025 at 3:00 PM

The Bidding is Currently LIVE and remains open until 3:00 PM

Seller: The Abbey Brianne Paulson Revocable Trust

Online Bidding: Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.

Offering Greene County, Iowa farmland through a TIMED ONLINE ONLY auction where all bidding must be done online through Peoples Company's bidding application. Bidding is currently LIVE and will remain open until Thursday, February 20th, 2025 at 3:00 PM Central Time Zone (CST) with closing taking place on or before Friday, March 28th, 2025. A bid placed within 3 minutes of the scheduled close of the auction will extend bidding by 3 minutes until all the bidding is completed. If you plan to bid, please register 24 hours prior to close of auction. Under no circumstances shall Bidder have any kind of claim against Peoples Company or its affiliates if the internet service fails to work correctly before or during the auction.

Earnest Money Payment: A 10% earnest money payment is required upon conclusion of the auction. The earnest money payment may be paid in the form of check or wire transfer. All funds will be held in Peoples Company's Trust Account.

Possession: Possession of the land will be given At Closing.

Farm Lease: The Farm Lease has been terminated with farming rights available for the 2025 growing season.

Closing: Closing will occur on or about Friday, March 28th, 2025. The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer.

Contract & Title: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Peoples Company the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer financing.

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction.

Other: 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, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per acre basis. Seller reserves the right to accept or reject any and all bids. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction.

Disclaimer: All property boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall property characteristics may vary from figures stated within the marketing material. Buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from Abstract.