Upcoming Auction

Dallas County, IA
105.55 Acres M/L

205th Street
Dallas Center, IA 50063

Price	Click to Bid Online
Listing	#19637

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Matt Adams

Office: 855.800.LAND
Mobile: 515.423.9235
Matt@PeoplesCompany.com

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Property Info

Description

Upcoming Dallas County, Iowa Farmland Auction - Mark your calendars for Thursday, October 8th, 2026, at 10:00 AM! Peoples Company is pleased to be representing the Shirley Morgan Family Trust in the sale of 105.55 acres m/l located north of Dallas Center, Iowa. Offered as two tracts, these farms boast nearly 100% tillable soils and lie within the sphere of influence of the Des Moines Metropolitan Area. Highly tillable farmland tracts of these sizes make a great opportunity for the beginning farmer, an investor looking to diversify their portfolio, or an existing farm operation looking to add a more affordable tract compared to larger farm offerings.

Tract 1: 65.08 acres m/l with approximately 62.13 NHEL FSA cropland acres and a CSR2 soil rating of 86.3
Tract 2: 40.47 surveyed acres m/l with 38.58 NHEL FSA cropland acres and a CSR2 soil rating of 87.3

The farms are leased for the 2026 growing season and the current lease will be terminated prior to the September 1 deadline with farming rights available for the 2027 growing season. Sellers will retain the second half of the farm rent payment, contact the listing agent for more information. Both tracts include drainage tile infrastructure, please see the individual tracts for more information.

Lying in Section 13 of Sugar Grove Township, both farms are near local and state paved highways with County Highway R22 located a mile east, Iowa Highway 141 located six miles east, Iowa Highway 44 located four miles south, and U.S. Highway 169 located four miles west. Their convenient location offers easy access to multiple grain marketing options, including Heartland Co-op located in both Dallas Center, Minburn, and Woodward.

These two tracts will be offered on a price-per-acre basis via Public Auction and will take place on Thursday, October 8th, 2026, at 10:00 AM CST. The auction location will be determined at a later date. The farm will be sold as two separate tracts using the "Buyer's Choice" auction method, where 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 at the conclusion of the auction. This auction can also be viewed through a Virtual Online Auction option, and online bidding will be available.

Legal Description

See individual tracts for Legal Descriptions.

Directions

From Dallas Center, Iowa: Head east out of town on Iowa Highway 44 and go for about 2.5 miles until County Road R22. Take a left (north) and continue for 3 miles. Take a left heading west on 210th Street for approximately 2 miles until you reach the T-intersection of R Avenue. Turn right (north) onto R Avenue and go for half a mile. Tract 1 will be on the left (east) side of the road. Turn right (east) onto 105th Street and continue for about 1 mile. Tract 2 will be on the right (south) side of the road. Look for Peoples Company signage.

Sign On Property: Yes
MLS Number: 746566
Parcel Number: 0713400002, 0713300001, Portion of 0713300006
School District: Dallas Center - Grimes Community School District
General Area: North of Dallas Center, Iowa
Net Taxes: $3,329.00
Zoning: Agriculture

Interactive Map

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Tracts

Tract 1 - R Avenue & 205th Street, Dallas Center, IA 50063

Tract Photos

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Description

Tract 1 consists of approximately 65.08 acres m/l with an estimated 62.13 FSA cropland acres. Primary soil types include highly productive Canisteo clay loam, Clarion loam, and Webster clay loam with an average CSR2 soil rating of 86.3, well above the Dallas County, Iowa average CSR2 soil rating of 76.6. The cropland acres are classified as Non-Highly Erodible Land (NHEL).

The farm is leased for the 2026 growing season and the Seller will retain the second half of the farm rent payment. The farm lease will be terminated prior to the September 1st deadline and farming rights will be available for the 2027 growing season. Contact the listing agent for more information.

Three tile intakes are located on the tract, indicating that drainage tile is present. A portion of the eastern half of the farm lies in Drainage District 27 and there are no county tile lines located on the farm. Please refer to the "T1 Drainage Map" found under the downloads for additional information.

This tract lies three miles north of Dallas Center, Iowa and six miles west of Granger, Iowa. Access to the tract is from the east off Reno Place, and from the northwest corner off R Avenue & 205th Street. Located in Section 13 of Sugar Grown Township, Dallas County, Iowa.

Legal Description

The Northwest Quarter (NW1/4) of the Southwest Quarter (SW1/4) AND the Northeast Quarter (NE1/4) of the Southwest Quarter (SW1/4) EXCEPT Parcel "BB" (as shown in Plat of Survey recorded in Book 2015, Page 17500) AND EXCEPT Parcel 26-74 as described in Book 2026, Page 11064, all in Section Thirteen (13), Township Eighty (80) North, Range Twenty-seven (27), West of the 5th P.M., Dallas County, Iowa. Exact legal description to be taken from the Abstract.

Details

Acres: 65.08 Acres M/L
Parcel Number: 0713300001, Portion of 0713300006
Net Taxes: $2,075.00
CSR2: 86.3

Directions

From Dallas Center, Iowa: Head east out of town on Iowa Highway 44 and travel for about 2.5 miles approaching County Road 22. Take a left (north) and continue for about 3 miles. Take a left heading west on 210th Street for about 2 miles. From there go right heading north onto R Avenue. The farm will be located on the right (east) side of the road approximately a quarter mile down the road. Look for Peoples Company signage.

Downloads

Tract 2 - 205th Street & S Avenue, Dallas Center, IA 50063

Tract Photos

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Description

Tract 2 consists of 40.47 surveyed acres m/l with 38.58 FSA cropland acres and a CSR2 of 87.3, well above the Dallas County, Iowa average CSR2 soil rating of 76.6. Primary soil types include highly productive Clarion loam, Webster clay loam, and Nicollet loam. These acres are classified as Non-Highly Erodible Land (NHEL).

The farm is leased for the 2026 growing season and the farm lease will be terminated prior to the September 1st deadline with farming rights available for the 2027 growing season. The Seller will retain the second half of the farm rent payment, contact the listing agent for more information.

County drainage tile is located on the farm with 6" and 8" lines running through the western half of the farm. The tile lines flow north into a 10" main located across the road and outlets into the Royer Creek just northeast of the property. Majority of the farm lies in Drainage District #27. Please see the "Tile Map" found under the downloads for more information and approximate tile line locations.

This tract lies just west of the Royer Creek Estates along S Avenue. As the farm currently lays, there is no driveway access. The tenant has been farming it with the farm to the west and accessing it through that tract. A driveway will need to be installed at the expense of the Buyer.

Don't miss this opportunity to own an affordable tract of Dallas County, Iowa farmland located in Section 13 of Sugar Grove Township and north of Dalla Center, Iowa!

Legal Description

The Northeast Quarter (NE1/4) of the Southeast Quarter (SE1/4) in Section Thirteen (13), Township Eighty (80) North, Range Twenty-seven (27), West of the 5th P.M., Dallas County, Iowa. Exact legal to be taken from the Abstract.

Details

Acres: 40.47 Acres M/L
Parcel Number: 0713400002
Net Taxes: $1,254.00
CSR2: 87.3

Directions

From Dallas Center, Iowa: Head east out of town on Iowa Highway 44 and travel for about 2.5 miles approaching County Road R22. Take a left (north) and continue for about 3 miles. Take a left heading west on 210th Street for about 1 mile. Turn right (north) onto S Avenue. The farm is located on the left (west) side about .5 miles down the road. Look for Peoples Company signage.

Downloads

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Auction Details & Terms

Dallas County, Iowa Farmland Auction
105.55 Acres M/L
Offered as Two Tracts
Thursday, October 8th, 2026 @ 10:00 AM CST

Seller: The Shirley Morgan Family Trust

Auction Location: To Be Determined at a Later Date

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: The tracts will be sold via Public Auction on Thursday, October 8th, 2026, at 10:00 AM. The portfolio will be offered as two individual tracts using the "Buyer's Choice" auction method, whereas the winning bidder may elect to take one or both tracts for their high bid. The "Buyer's Choice" auction will continue until all farmland tracts have been purchased and removed from the auction. The 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.

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 they are representing themselves in completing the auction sales transaction.

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 Dallas County Farm Service Agency. 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 Dallas 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 cash or check. All funds will be held in the Peoples Company Trust Account.

Closing: Closing will occur on or before Tuesday, November 24th, 2026. The balance of the purchase price will be payable at closing in the form of cash, guaranteed checks, or wire transfers.

Possession: Possession of the land will be given At Closing, Subject to Tenant's Rights.

Farm Lease: Both tracts are leased for the 2026 crop year. The current farm lease will be terminated prior to the September 1st deadline and farming rights will be available for the 2027 growing season. Contact the listing agent for more information.

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

Financing: The purchaser’s obligation to purchase the Property is unconditional and is not contingent upon the Purchaser obtaining financing. Any financial arrangements are to have been made before bidding at the auction. By the mere act of bidding, the bidder makes a representation and warrants that the bidder has the present ability to pay the bid price and fulfill the terms and conditions provided in the Contract.

Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Seller. 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 will be 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 "Price Per Acre" amount. 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.

Seller reserves the right to accept or reject any and all bids.