534.50 Acres m/l, Allamakee Co., Postville, IA

Major Northeast Iowa Land Auction! Peoples Company is pleased to introduce an exceptional opportunity to own 534.5 acres m/l of farmland located in Allamakee and Clayton Counties. The farms will be offered in four individual tracts through the "Buyer's Choice" auction method at 10:00 AM on Friday, April 1, 2022, at the Luana Savings Bank Meeting Hall in Luana, Iowa. These farms are made of mainly Fayette and Downs silt loams, which are exceptional soil types known to outperform their perspective CSR2 ratings. Tracts 1, 3, and 4 are a high percentage tillable for the area and Tract 2 offers an excellent blend of high quality soils and timberland. Tracts 3 and 4 offer the unique opportunity to own a highly profitable farm with added recreational value. These tracts would be great add-ons for existing farming operations or a rare opportunity for a land investor to put a large portfolio together within the area. The leases on each farm have been terminated and are open for the 2022 season. Extensive fall tillage work and fertility inputs have been applied and will be included within the sales price of each tract. Contact Agent(s) for details. Tract 1: 73.50 acres m/l with 67.47 FSA tillable acres carrying a CSR2 of 58.7. Located southeast of Waukon, Iowa. Tract 2: 203.07 acres m/l with 152.52 FSA tillable acres carrying a CSR2 of 55.7. Over 9.5 acres of pasture and 33 acres of timberland. Located northeast of Postville, Iowa. Tract 3: 149.92 acres m/l with 137.69 FSA tillable acres carrying a CSR2 of 68.6. Located east of Postville, Iowa. Tract 4: 108.01 acres m/l with 101.92 FSA tillable acres carrying a CSR2 of 30.5. Located northeast of Calmar, Iowa. These farms will be offered via public auction as four individual tracts via the “Buyer’s Choice” auction method through a live in-person auction as well as a virtual live online auction bidding option. The auction will take place at 10:00 AM on Friday, April 1st at the Luana Savings Bank Meeting Hall - 100 Harvest Drive, Luana, Iowa 52156. With the "Buyers Choice" auction method the high bidder can take, in any order, any or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all tracts have been purchased and removed from the auction. The tracts will not be offered in their entirety or any combination at the conclusion of the auction. Tracts 1-3 are located in Jefferson, Post, and Franklin Township, Allamakee County, Iowa, and Tract 4 is located in Giard Township, Clayton County, Iowa.