Wayne County, Iowa Farmland Auction - Mark your calendar for Friday, February 3rd, 2023 at 10:00 AM! Peoples Company is pleased to represent the John R. Knolke Revocable Trust in the sale of 270.4 total acres m/l located immediately northwest of Millerton, Iowa. This contiguous farm, located along the east side of paved Iowa Highway 14 and south of Uniform Street, will be offered in three tracts. These tracts offer a range of high quality tillable ground, hard-to-find pasture, and multiple building site locations combined with prime recreational opportunities for outdoor enthusiasts.

Tract #1: 104.01 Acres M/L, 103.23 FSA tillable acres, CSR2 61.5.
Tract #2: 81.52 Surveyed Acres M/L, estimated 67.21 FSA tillable acres, CSR2 46.2. (Updated 01-31-2023)
Tract #3: 84.87 Surveyed Acres M/L, estimated 63.26 FSA tillable acres, CSR2 53.9 with a 48' x 72' (3,456 sq. ft.) machine shed. (Updated 01-31-2023)

Utilities include an available 2" rural water line running along the east side of Iowa Highway 14 through the Rathbun Rural Water Association and electricity through Alliant/Interstate Power and Light along the west side of Iowa Highway 14 and the south side of Uniform Street. Tract #3 includes a 48' x 72' machine shed with a current rural water pit permitted for livestock use. The buyer should verify both the electric and rural water availability before bidding at the auction. The farm acres are subject to change based on the final survey. No additional surveying or staking will be provided by the Seller.

(Survey has been completed on 01-31-2023. Tract #2 adjusted to 81.52 Surveyed Acres M/L. Tract #3 adjusted to 84.87 Surveyed Acres M/L. Total farm adjusted to 270.4 Acres M/L.)

The farm lies within the east half of Section 18 and the northeast quarter of Section 19 of Union Township in Wayne County, Iowa. The tracts will be sold as three individual parcels using the "Buyers Choice" auction method on a price per acre basis, and the high bidder can take any order, one, two, or all of the tracts for their high bid. "Buyer's Choice" auctioning will continue until all three 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 the Virtual Online Auction option, where online bidding will be available. Here is a rare opportunity to purchase contiguous tracts of Southern Iowa farmland, pasture, and recreational land within a short drive from Corydon, Chariton, or Knoxville!

The Northeast Quarter and the West Half of the Southeast Quarter of Section Eighteen except a parcel of land located in the Northwest Quarter of the Southeast Quarter of said Section Eighteen, more particularly described as follows: Beginning at the center of said Section Eighteen; thence East Two Hundred Twenty-two and Two Tenths feet; thence South Four Hundred Sixty-four and Seventy-seven Hundredths feet; thence East Two Hundred Twenty-five feet; thence South Three Hundred Twenty-eight and Twenty-five hundredths feet; thence West Four Hundred Fifty-eight and Five-Tenths feet; thence North Seven Hundred Ninety-three and Two Hundredths feet to the place of beginning and containing 5.83 acres including highway easements, and except a parcel of land located in the Southwest Quarter of the Southeast Quarter of said Section Eighteen, more particularly described as follows: Beginning at the Southwest comer of the above said Quarter-Quarter; thence North One Hundred Twenty-five and Twenty-nine Hundredths feet; thence East Four Hundred Fifty-five and Eight Tenths feet; thence South One Hundred Twenty-five and Twenty-nine Hundredths feet; thence West Four Hundred Fifty-five and Eight Tenths feet to place of beginning and containing 1.31 acres including highway easement, ALL in Section Eighteen, Township Seventy North, Range Twenty-one West of the Fifth P.M. in Wayne County, Iowa, AND The Northwest Quarter of the Northeast Quarter of Section Nineteen except a parcel of land located in the Northwest Quarter of the Northeast Quarter of said Section Nineteen, more particularly described as follows: Beginning at the Northwest comer of the above said Quarter-Quarter, thence East Four Hundred Fifty-five and Eight Tenths feet; thence South Four Hundred Nineteen and Forty-one Hundredths feet, thence West Four Hundred Fifty-five and Eight Tenths feet; thence North Four Hundred Nineteen and Forty-one Hundredths feet to the place of beginning and containing 4.39 acres including highway easement, all in Township Seventy North, Range Twenty-one West of the Fifth P.M. in Wayne County, Iowa. Exact legal description to be taken from Abstract.

From Chariton, Iowa: Travel south out of town on Iowa Highway 14 for approximately 11 miles. The three tracts will be located southeast of the intersection at Iowa Highway 14 and Uniform Street along the east side of the paved highway. Look for the Peoples Company signs.

From Corydon, Iowa: Travel north out of town on Iowa Highway 14 for approximately 6.50 miles. The three tracts will be located north of the intersection at Iowa Highway 14 and County Highway J22 along the east side of the paved highway. Look for the Peoples Company signs.