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Contact for Price   •   390.9 Acres

Humboldt County, Iowa Land Auction – Mark your calendar for Friday, November 18th, 2022 at 10:00 AM! Peoples Company is pleased to offer one of those rare occasions where farmland that has been owned by the May Family since the 1970s will be made available and sold via public auction. The auction will consist of 390.90 acres m/l to be sold in five separate tracts on Friday, November 18th, 2022 at the Renwick Community Center in Renwick, Iowa. Tract 1 consists of 80 acres m/l with 76.85 FSA cropland acres carrying a CSR2 rating of 86.3. Tract 2 consists of 75.90 acres m/l with 75.24 current row crop acres carrying a CSR2 value of 82.6. The balance of the FSA cropland acres includes 2.61 acres enrolled in CRP (Conservation Reserve Program). Tract 3 consists of 75 acres m/l with 73.73 FSA cropland acres carrying a CSR2 rating of 81.2. Tract 4 consists of 80 acres m/l with 76.68 FSA cropland acres carrying a CSR2 rating of 81.4. Tract 5 consists of 80 acres m/l with 77.06 FSA cropland acres carrying a CSR2 rating of 59.2. These tracts would make for an outstanding add-on unit to an existing farm operation, affordable tracts for a beginning farmer, or investment-grade quality land purchase. In addition, there are several competing grain marketing options that are located nearby, including ethanol plants combined with a variety of grain elevators to merchandise crops. Private tile has been installed on these farms with great drainage outlets available. The farm lease has been terminated and farming rights will be available for the 2023 growing season. The five tracts will be offered via Public Auction and will take place at 10:00 AM at the Renwick Community Center in Renwick, Iowa. The farmland tracts will be sold as five individual tracts using the "Buyers Choice" auction method on a price per acre basis, and the high bidder can take, in any order, one or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all five tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety at the conclusion of the auction. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available.


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