Premium Decatur & Wayne County, Iowa Land Auction! - Peoples Company is pleased to present the sale of 408.79 acres m/l of high-quality tillable farmland located near Van Wert and Humeston, Iowa. The farm will be offered as 3 individual tracts with both live and online bidding options available on December 11th, 2024, at the Weldon Community Building in Weldon, IA at 10 A.M (CST).

Of the total 408.79 acres m/l in this portfolio, the farmland includes 387.35 FSA cropland acres carrying CSR2 ratings in the mid-60s to mid-50s. The remaining balance of the acres consists of quality pasture. These farms are located in a strong farming community near several competing grain markets which include both grain elevators and ethanol plants, these highly-tillable tracts of farmland would make for a great add-on unit to an existing farm operation or investment-grade quality land purchase.

Tract 1: 216.55 Acres M/L with 207.26 FSA cropland acres, carrying a CSR2 value of 63.1. Located on Highway 69 in Decatur County.

Tract 2: 152.24 Acres M/L with 143.29 FSA cropland acres and 123.51 acres currently in production, carrying a CSR2 value of 58.5. Located near Humeston in Wayne County.

Tract 3: 40 Acres M/L with 36.8 FSA cropland acres and 19.79 acres currently in production, carrying a CSR2 value of 55.1. Located near Humeston in Decatur County.

The farmland portfolio will be offered as three individual tracts with both live, in-person bidding and live online bidding options available. The tracts will not be offered in their entirety or any combination after the auction.

Sign On Property: Yes

General Area: Located nearby Van Wert & Humeston, Iowa

Zoning: Agriculture

Additional Info

The seller holds an active real estate license in Iowa.