Sac County, IA Land Auction!

FARM 1: NW ¼ SE ¼, Section 20, T88N, R36W 5^th P.M., Sac County, IA; FARM 2: Lot D of the NE ¼, Section 20, T88N, R36W 5^th P.M., Sac County, IA  ; FARM 3: Lot B of the NE ¼, Section 20, T88N, R36W 5^th P.M., Sac County, IA  ; FARM 4: NE ¼ except the W 100 acres & except pt in the SE corner of the NE ¼, all in Section 21, T88N, R36W 5^th P.M., Sac County, IA (all farms in Jackson Township, Sac County, Iowa.

Selling 237.56 net taxable acres more or less in Section 20 & 21 of Jackson Township, Sac County, that will be offered in 5 parcels. Farm 1 is 37.03 net taxable acres; Farm 2 is 76.6 net taxable acres with a; Farm 3 is 73.21 net taxable acres; Farm 4 is 50.72 +/- net taxable acres Surety Digital Soil Services indicates average CSR2 ratings as follows: Farm 1: 86.9; Farm 2: 81.7; Farm 3: 79.3; Farm 4: 82.7

FSA DATA: FARM 1: 38.85 effective cropland acres FARM 2 & 3 Combined: 149.93 effective cropland acres FARM 4: 32.59 effective crop acres 20.10 acres enrolled in a CRP program that is paying $250,.76/acre and expires September 30, 2035. *Buyer of Farm 4 will have 1 week to notify Sellers if they would like the CRP contract to remain in place or cancel it. If they elect to have it cancelled Owners will cancel the contract and pay any & all fees. If Buyers wants CRP contract to remain in place the Sellers will assign their interest in the contract and Buyer will enter into a successor in interest agreement with to assume the contract. FSA indicates for all farms a Corn base of 197.49 acres with a PLC Yield Index of 155; and a Soybean base of 23.88 acres with a PLC Yield index of 44.

 The current real estate taxes amount to: Farm 1: $1,274/yr; Farm 2: $2,436/yr;

Farm 3: $2,184/yr; Farm 4: $1,658/yr;

The high successful bidder will have choice of any parcel or may select multiple parcels. In the event the high bidder selects all parcels, the sale is over. In the event the high bidder selects one or more parcels, the remaining parcels will then be offered. They will not be recombined or reoffered in any way.   

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 November 5, 2026. Possession will be given upon closing subject to existing cash rent leases that formally expire 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 property is being sold as-is, where-is.

Any announcements made day of sale will supersede any advertising. Broker is related to Seller.

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

This auction will offer the chance to acquire top quality Sac County, Iowa farmland in manageable sized parcels. Throughout many nations and cultures, wealth has always been determined by land ownership. Rich Iowa farmland offers steady income and strong security for generations to come. The common phrase “the best investment on earth is earth itself” could not be more applicable than in todays world. Make sure you don’t miss out on your opportunity to acquire these Jackson Township farms. We hope to see you all at the auction or join us online!

Jim R. Green

Wassom Farms, LLC, Owner

Paula Schlotfeldt & Mary LaGrange, Officers

Sale Arranged & Conducted By:

Green Real Estate & Auction Co.

Jim Green & Elliott Bengford, Auctioneers

712-662-4442; Sac City, IA

www.greenrealestate-auction.com