• Begins: 11/21/2023 10:00 AM

Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com/. Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide a slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.

Peoples Company is pleased to represent 148.35 acres m/l located in Jefferson County, IA just southwest of Packwood, Iowa. The property consists of 148.35 gross acres m/l with an estimated 95.14 current tillable acres carrying a CSR2 rating of 71.3. Of which the front 55 Acres m/l carries a CSR2 rating of 80.8. The primary soil types include Taintor and Mahaska silty clay loams. The farm consists of a total of 114.68 FSA Cropland acres carrying a CSR2 value of 67.5. Of those acres, 3.75 acres are enrolled into the Conservation Reserve Program. The CRP is paying an annual payment of $748. The farm is leased for the 2024 cropping season and the new buyer will receive 100% of the lease as a credit at closing in the amount of $22,200. The property will be offered as one tract through a Live Public Auction on Tuesday, November 21st, 2023. The Public Auction will be held at the Packwood Community Center in Packwood, IA, and will begin at 10:00 AM. Bidders will have the ability to participate in the live auction or online bidding is available through our virtual bidding option via the Peoples Company app. Contact the listing agent for more details on our online bidding option. The property is situated in section 32 of Polk Township Jefferson County, Iowa. Abundant wildlife uses this property as a travel corridor such as whitetail deer, turkeys & pheasants. Whether you are looking for that perfect place to call home, a secluded weekend getaway, or a year-round recreational property, this may be the one that you’ve been searching for. The farm consists of a diverse mix of wildlife habitats including mature timber, brush & cedar thickets allowing for optimal habitat for wildlife. The new buyer will receive 100% of the 2024 farm lease at closing in the amount of $22,200. Legal Description The NE 1/4 of the NE 1/4 lying South of Brookville Road and Except Parcel A. The NW 1/4 of the NE 1/4, W 1/2 of the W 1/2 of SW 1/4 of the NE 1/4, E 1/2 of the NW 1/4 and S 1/2 of the SW 1/4 of the NW 1/4 All in Section 32 of township 73N Range 11 West of the 5th P.M. The exact legal description is to be taken from Abstract. Details FSA Cropland Acres: 114.68 Effective DCP Acres: 110.93 Corn: 45.40 Base Acres with a PLC Yield of 113 Soybeans: 55.20 Base Acres with a PLC Yield of 34 2.25 Acres m/l enrolled in CP21 Paying $207.05 per acre or an annual amount of $465.86 until September 30th, 2029 1.5 Acres m/l enrolled in CP1 Paying $188.13 per acre or an annual amount of $282.19 until September 30th, 2024 Directions From the Intersection of Highway 34 & Brookville Road in Fairfield, IA head north on Brookville Road. After 10 miles on Brookville Road, the farm will be on the left-hand side. Shortly after the un-incorporated town of Abingdon. Sign On Property: Yes Parcel Number: 0132226002, 0132201001, 0132251001, 0132100004, 0132100005, 0132100003 School District: Pekin Community School District General Area: Southwest of Packwood, IA Net Taxes: $3,650.66 Online Bidding: Yes Auction Date: Nov 21, 2023 CSR2: 67.50 Possession: At closing subject to tenants rights. Terms: Cash, Conventional