Documents
- Download: Centraur Sale Bill
- Download: 156EZ CENTAUR
- Download: FSA Aerial 1
- Download: FSA Aerial 2
- Download: Soils Map (2)
SAC COUNTY, IOWA FARM
In Section 5 of Eureka Township
To Be Sold At
Public Auction
Thursday, November 6th, 2025 at: 10:00 A.M.
Sale held at the Schaller Jaycees Building, Schaller
Farm is located from Schaller, 3 mi W on D15 to Armstrong Ave (M27), N 3 mi.
BRIEF LEGAL DESCRIPTION
S1/2SW1/4 and the SW1/4SE1/4 of Section 5, Township 89 North, Range 38 West of the 5th P.M. (Eureka Township), Sac County, Iowa Except Lot A that contains 4.06 acres more or less.
GENERAL DESCRIPTION
Selling a well located, highly productive farm located Northwest of Schaller, Iowa in Section 5 of Eureka Township. The farm is being offered on the basis of 110.98 net taxable acres more or less. The total sales price will be determined by the high bid times 110.98. The current lease has been terminated and farm is open for 2026.
FSA indicates: Farmland of 112.29 acres, with effective crop acres of 87.70. There are currently 2 CRP contracts, one with 7.51 acres @ 300/acre and one at 7.83 acres @ 79.20/acre, both contracts expire 9-30-2027. Corn base: 42.4 acres w/ PLC yield index of 164. Soybean base: 42.2 acre w/ PLC yield index of 49, Oats base: .1 acres w/ PLC yield index of 61. The current real estate taxes amount to: $3,724/year
Surety Digital Soil Service indicates: CSR2 of 91.3
TERMS OF SALE
Purchaser(s) will be expected to pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance in full on or before January 14, 2026. Possession will be given upon closing subject to existing cash rent lease that formally expires March 1, 2026. There are no Buyer contingencies of any kind. All potential bidders are expected to have financial arrangements made prior to bidding. Auctioneers represent the Sellers in this real estate auction. The Sellers will retain the 2nd half of the cash rent. The Sellers will assign their interest in the CRP contracts as of October 1, 2025 and Buyers will enter into a Successor in Interest Agreement with the Sac County FSA office. Any announcements made day of sale will supersede any advertising.
SIMULCAST INTERNET BIDDING
In addition to the Live Auction, there will be Live Simulcast Internet Bidding also available. To Register to Bid AT LEAST 48 HRS. PRIOR TO THE SALE, visit our website and/or contact the Auctioneers
AUCTIONEER’S NOTE
This manageable sized farm would make an excellent addition to any operation or a great income property! It is not very often that you have the chance to bid on a farm on pay on the basis of what you are actually farming so take advantage of this opportunity!
Centaur, LLC, Owners
Dr. Melvin Wernimont, Managing Partner
Attorney for Sellers: Kevin Murray, Sac City/Schaller
Sale Arranged & Conducted By:
Green Real Estate & Auction Co.
Mike Green & Jim Green, Auctioneers
Sac City, IA ph. 712-662-4442
www.greenrealestate-auction.com
The terms of the auction will be as follows: Purchaser(s) will be expected to pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance in full on or before January 14, 2026. Possession will be given upon closing subject to existing cash rent lease that expires March 1, 2026. There are no Buyer contingencies of any kind. The property is being offered AS-IS, WHERE-IS with no warranties either written or implied. All potential bidders are expected to have financial arrangements made prior to bidding. AUCTIONEER represents OWNER/SELLER(S) in this real estate auction. The Sellers shall retain the 2nd half of the 2025 cash rent. Any announcements made day of sale will supersede any advertising. The Sellers will assign their interest in the current CRP contracts to the Buyer upon closing as of October 1, 2025. Buyer agrees to enter into a Successor in Interest Agreement with the Sac County FSA office to assume those contracts.
