Tract 1 consists of 320 acres m/l with 299.86 FSA cropland acres carrying a CSR2 soil rating of 54.4. Currently, 282.89 acres are being farmed with the primary soil types of Sharpsburg silty clay loam and Shelby clay loam. There are conservation plans for the farmable acres that include a crop rotation of corn and soybeans. There is great access with the multiple farm entrances located on the west, north, and east sides of this tract. There are 3.60 acres enrolled into two Conservation Reserve Program (CRP) CP8A Grassed Waterways contracts - 2.00 acres paying $392 annually ($196.11/acre through 2022) and 1.60 acres paying $376 annually ($234.88/acre through 2024).

There are two MidAmerican Energy Company wind turbines located on the northwest corner of the tract with an approximate annual payment of $12,352.48. Tract also contains an abundance of drainage tile ranging in size from 3" to 6" into Fox Creek that flows through the eastern half of the tract into the Middle River.

This tract is located in the South Half (1/2) of Section Three, Township Seventy-eight (78) North, Range Thirty-three (33) West of the 5th P.M., Guthrie County, Iowa.

From Guthrie Center, Iowa: Take State Highway 44 west for approximately 7.50 miles to County Highway N54/Frontier Road. Turn left (south) onto County Highway N54/Frontier Road for 6.50 miles to 295th Street. The property is located along the east side of N54/Frontier Road and directly south of 295th Street.

From Adair, Iowa: Travel north out of town on County Highway 925/White Pole Road and take a slight left onto County Highway N54/Frontier Road. Continue for approximately 4.75 miles and the farm will be located southeast of the intersection of Frontier Road and 295th Street. Look for the Peoples Company signs.

Tract 2 consists of 136.75 acres m/l with 132.21 FSA tillable acres carrying a CSR2 Rating of 54.4 including the primary soils types of Colo silt loam, Shelby clay loam, Sharpsburg silty clay loam, and Shelby-Adair clay loams. Currently, there are 123.83 acres being farmed. There will be a well easement from the well located on the west side of the creek (Tract #2) to the acreage site (Tract #3) to provide water for the residential dwelling.

There are two gates, fencing materials, and cattle corral panels that are the current tenant's and will not be included in the real estate transaction. The tenant's personal property will be removed prior to closing. This tract is located in the Southeast Quarter (1/4) of Section Four (4), Township Seventy-eight (78) North, Range Thirty-three (33) West of the 5th P.M., Guthrie County, Iowa.

From Guthrie Center, Iowa: Take State Highway 44 west for approximately 7.50 miles to County Highway N54/Frontier Road. Turn left (south) onto County Highway N54/Frontier Road for 6.50 miles to 295th Street. The property is located along the west side of N54/Frontier Road and southwest of 295th Street.

From Adair, Iowa: Travel north out of town on County Highway 925/White Pole Road and take a slight left onto County Highway N54/Frontier Road. Continue for approximately 4.75 miles and the farm will be located southeast of the intersection of Frontier Road and 295th Street. Look for the Peoples Company signs.

Tract 3 is locally known as 2989 Frontier Road, Adair, Iowa 50002 and consists of 23.25 acres m/l. This tract includes a single-family, one and one-half story style house, built in 1900, with 3 bedrooms and 1.75 bathrooms with 1,678 sq ft of living area. The kitchen includes oak cabinetry with a large countertop area and newer tile flooring. Located within the Adair-Casey Community School District, this property has electric service through Guthrie County REC located along the west side of Frontier Road. There will be a well easement from the well located on the west side of the creek (Tract #2) to the acreage site (Tract #3) to provide water for the residential dwelling. The house is being sold "as is" condition and will not be updated by the Seller. The buyer will sign a binding acknowledgment with the county board of health to install a new private sewage disposal system on this property within an agreed upon time period.

This acreage site includes 15.07 FSA tillable acres, currently being utilized as pasture, carrying a CSR2 Rating of 44.9 with the primary soil types of Shelby clay loam and Sharpsburg silty clay loam. Between the combination of well-maintained perimeter fences and a one-half acre pond located on the northwest corner of the tract, this tract would make a great place to raise livestock.

From Guthrie Center, Iowa: Take State Highway 44 west for approximately 7.50 miles to County Highway N54/Frontier Road. Turn left (south) onto County Highway N54/Frontier Road for approximately 7 miles. The property is located along the west side of N54/Frontier Road.

From Adair, Iowa: Travel north out of town on County Highway 925/White Pole Road and take a slight left onto County Highway N54/Frontier Road. Continue for approximately 4.25 miles and the acreage site will be located on the west side of Frontier Road. Look for the Peoples Company signs.