Guthrie County, Iowa High-Quality Farmland Auction | 145.60 Acres M/L
Upcoming Auction
Guthrie County, IA
145.60 Acres M/L
145.60 Acres M/L
Utopia Avenue & 175th Street
Yale, IA 50277
| Price | Click to Bid Online |
| Listing | #19318 |
Property Info
Description
Legal Description
Directions
Improvements
- Sign On Property: Yes
- Parcel Number: 0000204200, 0000204100, partial of 0000204300, 0000204400
- School District: Panorama Community Schools
- General Area: South of Yale, Iowa
- Net Taxes: $5,338.00
- CSR2: 87.5
- Zoning: Ag
Interactive Map
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Auction Details & Terms
Guthrie County, Iowa Farmland Auction
145.60 Acres M/L
Offered as One Tract
Tuesday, June 30th, 2026, at 10:00 AM CST
145.60 Acres M/L
Offered as One Tract
Tuesday, June 30th, 2026, at 10:00 AM CST
Seller: Martin Wood & Kevin Wood
Auction Location:
Yale Community Building
206 N Main St
Yale, IA 50277
Yale Community Building
206 N Main St
Yale, IA 50277
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 farmland will be sold as one individual tract on a price-per-acre basis to the High Bidder.
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 Guthrie 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 Guthrie 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 a check or wire transfer. All funds will be held in Peoples Company's Trust Account.
Closing: Closing will occur on or before Wednesday, September 16th, 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: The farm is leased for the 2026 growing season, and the new owner will assume the current farm lease, which runs through March 1st, 2027. Sellers will keep the entirety of the 2026 cash rent payment with an anticipated transaction close date of September 16th, 2026. The farm lease will be terminated prior to closing, leaving the farm open for the 2027 growing season.
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 description in the marketing material should not be used in legal documents. Full legal description will be taken from the Abstract.
Seller reserves the right to accept or reject any and all bids.
Seller reserves the right to accept or reject any and all bids.
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