Sac County Land Auction!

Mary Hoffman Trust: Selling 156 net taxable acres in Section 24 of Douglas Township, Sac County. The farm will be offered as 2 parcels: Parcel 1: The North 79 net taxable acres; Farm 2: The South 77 net taxable acres. The auction will be held at the Sac County Fairgrounds. If you plan to bid online you must register at least 48 hours in advance in order to be approved to bid. 

Documents

SAC COUNTY, IOWA FARMLAND

In Section 24 of Douglas Township

To Be Sold At

Public Auction

Wednesday, February 25th, 2026           at: 10:00 A.M.

Sale held at the Sac County Fairgrounds, Sac City

Farm is located from Sac City, 5 ½  mi N on N14 (Union Ave) to 200th St., E 1 mile.

BRIEF LEGAL DESCRIPTIONS

FARM 1: N1/2 SW1/4, Section 24, T89N, R35W 5th P.M., Sac County; FARM : S1/2 SW1/4, Section 24, T89N, R35W 5th P.M., Sac County, Iowa. (Douglas Township)

GENERAL DESCRIPTION & METHOD OF SALE

156 Net taxable acres of highly productive, well located Sac County, Iowa farmland:

FARM 1: North 79 net taxable acres with a CSR2 on tillable acres of 86.1 Sales price will be high bid times 79. Farm 1 has approximately 54.84 tillable acres 19.3 currently enrolled in CRP program paying $300/acre. Farm 1 also 5 acres enrolled in a Prairie Pothole program with the Sac County NRCS office that is paying $381.55/Acre and expires on December 31, 2027.

FARM 2: A 77 net taxable acres w/ CSR2 on tillable acres of 87.2. Sales price will be high bid times 77. Farm 2 has approximately 66.74 tillable acres and 10.5 acres enrolled in CRP program paying $300/acre. CRP contract on both farms expires on September 30, 2031.

FSA DATA (whole farm): 155.09 cropland acres with 125.29 effective cropland acres. The corn base is 62.65 acres with a PLC yield index of 163. The soybean base is 62.64 acres with a PLC yield index of 45. The whole farm has 29.8 acres enrolled in CRP program paying $300/acre and expires on September 30, 2031. The Seller will assign their right to the CRP contract and Buyer agrees to enter into a successor in interest agreement to the CRP contract

 The current real estate taxes amount to: Farm 1: $2,698/yr; Farm 2: $2,640/yr;

The high successful bidder will have choice of Farm 1 or Farm 2, in the event the high bidder selects both Farms the sale is over. If the high bidder selects 1 farm, it will be marked as sold with the remaining Farm being sold. They will not be recombined or reoffered in any way.    

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 April 15, 2026. Possession will be given upon closing. 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 property is being sold as-is, where-is. 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. All online bidders are subject to the same terms and conditions as bidders in attendance. You must register at least 48 hours in advance in order to be approved to bid online, please contact us with any questions

Mary Hoffman Trust, Owners

Trustee: Rick Jennings, Quad City Bank and Trust

Sale Arranged & Conducted By:

Green Real Estate & Auction Co.

712-662-4442

Sac City, IA

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 April 15th, 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. OWNER/SELLER agrees to assign the CRP contract to Buyer, and Buyers agree to assume contract and receive all payments for the remaining term of the CRP contract. Buyers will begin receiving payment for CRP contracts as of the date of closing. The property is being sold AS-IS, WHERE-IS, and AUCTIONEER represents the Sellers in this transaction.