Highway J46, Allerton, IA 50008 - Wayne County

Wayne County, Iowa Farmland Auction - Mark your calendars for Thursday, December 5th, 2024, at 10:00 AM! Peoples Company is pleased to be representing the sale of 314.45 acres m/l, being offered in two tracts of high-quality, highly tillable Wayne County farmland located immediately east of Allerton, Iowa. These two contiguous tracts are comprised of a gentle rolling topography that is sure to be the envy of the county with greater than 95% tillable acres and above average CSR2 ratings! This property is located within Section 11 of Warren Township, Wayne County, Iowa.

The highly tillable farm will be offered as two individual tracts through the "Buyer Choice" Auction Method with a combined total of 300 FSA tillable acres carrying an overall CSR2 rating of 53.7, above the Wayne County, Iowa average of 50.7. The north / south nearly three quarters of a mile-long end rows, wide open area, and multiple well-established driveway entrances into the farm will add efficiency to any farming operation. There are a total of six well-established driveway entrances into the farm - two entrances on the north, two entrances on the east, and two entrances on the south sides of the farm.

Tract 1: 152.95 acres m/l with an estimated 141.36 FSA cropland acres; CSR2 rating of 51.4.

Tract 2: 161.50 acres m/l with an estimated 158.64 FSA cropland acres; CSR2 rating of 56.3.

*Tract and cropland acres subject to change prior to the auction as a preliminary survey is in progress.

There is a Natural Gas Pipeline serviced by the Allerton Gas Company located in the right of way along County Road J46 / Iowa Road and Idaho Road, which are the northern and southern tract boundaries. In addition, there is a fiber optic cable running along 120th Avenue and Idaho Road, the eastern and southern boundaries of the farm.

The two tracts will be offered individually on a price-per-acre basis using the Buyer's Choice auction method, where the high bidder can take, in any order, one or both tracts for their high bid. "Buyer's Choice" auctioning will continue until both tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety at the conclusion of the auction. The live Public Auction will take place at 10:00 AM on Thursday, December 5th, 2024, at the Walden Park Clubhouse at 501 South East Street in Corydon, Iowa. The sale can also be viewed through a Virtual Online Auction option and online bidding will be available.

This property is ideally situated in the central part of Wayne County, Iowa and offers a great long-term investment opportunity for both farmers and investors alike with an unrivaled percentage of tillable acres in one location with highly productive soils! Don't let this opportunity pass to acquire these two contiguous southern Iowa farmland tracts for your farming operation and ensure a smart investment for the future.