Upcoming Auction

Multi-County, IA
193.87 Acres M/L

Cerro Gordo & Floyd County
Mason City & Rockford, IA 50468

Price	Click to Bid Online
Listing	#19180

Land Agent

Chase Duesenberg

Office: 515.222.1347
Mobile: 641.529.0562
Chase@PeoplesCompany.com

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Property Info

Description

Cerro Gordo & Floyd County, Iowa Farmland Auction - Mark your calendars for Thursday, April 2nd, 2026! Peoples Company is honored to represent the sale of 193.87 acres m/l, with Tract 1 being located east of Mason City, Iowa, and Tract 2 being located northwest of Rockford, Iowa. The farmland will be sold as two individual tracts through the Buyer's Choice Auction Method, to be held at 10:00 AM at the Rock Falls Community Center in Rock Falls, Iowa.

Tract 1: 120 acres m/l with 114.34 FSA cropland acres; CSR2 of 70.5.
Tract 2: 73.87 acres m/l with 68.96 FSA cropland acres; CSR2 of 82.8.

These high-quality farmland tracts are located in a strong farming community with several grain marketing outlets nearby. They would be a great add-on to an existing farm operation, an affordable tract for a beginning farmer, or a smart investment for the buyer looking to diversify their portfolio. The farmland acres are classified as NHEL (Non-Highly Erodible Land).

Tract 1 is located in Portland Township of Cerro Gordo County, Iowa, and Tract 2 is located in Rockford Township of Floyd County, Iowa. The farm leases have been terminated, and the farming rights will be available for the 2026 crop season. Early possession will be granted to the new buyer upon receipt of earnest money and proof of liability insurance.

The farms will be offered via a live Public Auction that will take place at 10:00 AM CST on Thursday, April 2nd, 2026, at the Rock Falls Community Center, 3 Nottingham Street, Rock Falls, IA 50467. The land will be sold as two individual tracts using the "Buyer’s Choice" auction method on a price-per-acre basis, and the high bidder can take, in any order, one or both tracts for their high bid. "Buyer's Choice" auctioning will continue until both tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety after the auction. This auction can also be viewed through the Peoples Company mobile bidding app, and online bidding will be available.

Legal Description

Tract 1 -The East Half (E½) of the Southwest Quarter (SW¼) AND the Northwest Quarter (NW ¼ ) of the Southwest Quarter (SW ¼ ) of Section Three (3), Township Ninety-six (96) North, Range Nineteen (19), West of the 5th P.M., Cerro Gordo County, Iowa. Exact legal description to be taken from Abstract.

Tract 2 - The West One-half (W½) of the Southeast Quarter (SE¼) of Section Thirty-five (33), Township Ninety-six (96) North, Range Eighteen (18), West of the 5th P.M., Floyd County, Iowa., excepting that portion lying South and West of the right of way of the Public Highway AND Parcel B. Exact legal description to be taken from Abstract.

Directions

See individual tracts for directions.

Sign On Property: Yes
Parcel Number: 080330000100, 080330000200, 080330000400, 05-33-400-006-00
School District: Central Springs & Rudd-Rockford-Marble Rock Community School Districts
General Area: Tract 1 is east of Mason City, Iowa and Tract 2 is northwest of Rockford, Iowa
Net Taxes: $5,278.00
Zoning: Ag

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Tracts

Tract 1 - Vine Avenue, Mason City, IA 50401

Tract Photos

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Description

Tract 1 consists of 120 acres m/l, including 114.34 FSA cropland acres with a CSR2 rating of 70.5. The primary soil type on this tract is highly productive Kenyon Loam, widely regarded as one of Iowa’s top farmland soils.

The property is designated as NHEL (Non-Highly Erodible Land), and some private tile has been installed (contact the listing agent for details). A wetland determination has classified the farm as “prior converted” (PC), allowing current drainage tile to remain and enabling installation of additional drainage tile without restrictions. Conservation practices are already in place, including an NRCS-designed waterway and cover crops, supporting both soil health and productivity.

The farm offers excellent access to paved highways and is conveniently located near multiple grain marketing options. The current farm lease has been terminated, making farming rights available for the 2026 crop season. Early possession can be granted to the buyer upon receipt of earnest money and proof of liability insurance. Tract 1 is located in Section 3 of Portland Township in Cerro Gordo County, Iowa.

Legal Description

The East Half (E½) of the Southwest Quarter (SW¼) AND the Northwest Quarter (NW ¼ ) of the Southwest Quarter (SW ¼ ) of Section Three (3), Township Ninety-six (96) North, Range Nineteen (19), West of the 5th P.M., Cerro Gordo County, Iowa. Exact legal description to be taken from Abstract.

Details

Acres: 120.00 Acres M/L
Parcel Number: 080330000100, 080330000200, 080330000400
Net Taxes: $3,052.00
CSR2: 70.5

Directions

From Mason City, Iowa: Travel east out of town on Iowa Highway 122/265th Street for 6 miles until reaching Vine Avenue. Turn left (north) on Vine Avenue for 1 mile, and Tract 1 will be located on the right (east) side of Vine Avenue, marked with a Peoples Company sign.

From Rock Falls, Iowa: Travel south out of town on Vine Avenue for 3 miles, and Tract 1 will be located on the left (east) side of Vine Avenue, marked with a Peoples Company sign.

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Tract 2 - Cameo Road, Rockford, IA 50468

Tract Photos

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Description

Tract 2 consists of 73.87 acres m/l, including 68.96 FSA cropland acres with a CSR2 rating of 82.8. The primary soil types on this tract are Ostrander Loam and Klinger Silty Clay Loam. The property is designated as NHEL (Non-Highly Erodible Land) and is situated in County Drainage District #5. Per discussions with the Floyd County Drainage Clerk, there are no outstanding assessments due.

The farm offers convenient access to major highways and is situated near multiple grain marketing options. The current farm lease has been terminated, making farming rights available for the 2026 crop season. Early possession can be granted to the buyer upon receipt of earnest money and proof of liability insurance. Tract 2 is located in Section 33 of Rockford Township in Floyd County, Iowa.

Legal Description

The West One-half (W½) of the Southeast Quarter (SE¼) of Section Thirty-five (33), Township Ninety-six (96) North, Range Eighteen (18), West of the 5th P.M., Floyd County, Iowa., excepting that portion lying South and West of the right of way of the Public Highway AND Parcel B. Exact legal description to be taken from Abstract.

Details

Acres: 73.87 Acres M/L
Parcel Number: 05-33-400-006-00
Net Taxes: $2,226.00
CSR2: 82.8

Directions

From Rockford, Iowa: Travel north out of town on County Highway T24/Echo Avenue for 2 miles until reaching 190th Street. Turn left (west) on 190th Street for just over a mile, and Tract 2 will be located on the right (north) side of 190th Street that turns into Cameo Road, marked with a Peoples Company sign.

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Auction Details & Terms

Auction Location Map

Cerro Gordo & Floyd County, Iowa Land Auction
193.87 Acres M/L (Offered in Two Tracts)
Thursday, April 2nd, 2026, at 10:00 AM CST

Auction Location:
Rock Falls Community Center
3 Nottingham Street
Rock Falls, IA 50467

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge that they are representing themselves in completing the auction sales transaction.

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.

Auction Method: Tracts 1 & 2 will be sold on a per-acre basis and will be offered through the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take, in any order, one or both tracts for their high bid. The "Buyer's Choice Auction Method" will continue until both tracts have been purchased. Tracts will not be offered in their entirety or combined at the conclusion of the auction. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available.

Tract 1: 120 Acres M/L
Tract 2: 73.87 Acres M/L

Financing: The buyer's obligation to purchase the Real Estate is unconditional and is not contingent upon the Buyer obtaining financing. All financial arrangements are to have been made before bidding at the auction. By the mere act of bidding, the bidder makes the representation and warrants that the bidder has the present ability to pay the bid price and fulfill the Contract.

Agency: Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.

Farm Program Information: Farm Program Information is provided by the Cerro Gordo & Floyd County Farm Service Agencies. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Cerro Gordo & Floyd County FSA and NRCS offices.

Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of check or wire transfer. All funds will be held in Peoples Company's Trust Account.

Closing: Closing will occur on or before Thursday, May 14th, 2026. The balance of the purchase price will be payable at closing in the form of guaranteed check or wire transfer.

Possession: Possession of Tracts 1 & 2 will be given at Closing. Early possession will be granted upon receipt of earnest money and proof of liability insurance.

Farm Lease: The farm leases have been terminated and will be available for the 2026 crop season.

Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Peoples Company's Trust Account the required earnest money payment. The Seller will provide a current abstract at their expense. The Sale is not contingent upon Buyer financing.

Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Sellers. Not all tract and boundary lines are fenced and if needed, will be the responsibility of the Buyer at closing. Existing fence lines may not fall directly on the legal boundary.

Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per-acre basis. Peoples Company and its representatives are agents of the Seller. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made on auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.

Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. Buyer should perform his/her investigation of the property before bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the abstract.