Upcoming Auction

Keokuk County, IA
96.50 Acres M/L

15287 Highway 92
Sigourney, IA 52591

Listing

#19757

Land Agent & Auctioneer

Riley Sieren

Office: 855.800.LAND
Mobile: 319.591.0111
Riley@PeoplesCompany.com

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Tracts
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Property Info

Description

Keokuk County, Iowa Sealed Bid Land Auction – Peoples Company is pleased to represent 96.5 acres m/l of premium Keokuk County, Iowa farmland, ideally located just off Iowa Highway 92 and within a short drive of Sigourney, Iowa. The farm will be offered via Sealed Bid Sale, with all bids due prior to 12:00 PM "Noon" (CST) on November 4th, 2026.

The property includes approximately 84.99 acres currently in row crop production carrying an average CSR2 soil rating of 64.7. Located in Section 36 of Washington Township, Keokuk County, Iowa.

The farm is being offered as a whole or in two individual tracts: the acreage consisting of approximately 3.5 acres m/l and the farmland tract consisting of approximately 93 acres m/l. Buyers will have the opportunity to bid on either individual tract or the property as a whole. The Sellers will review all bids and combinations of bids and reserve the right to accept the bid or combination of bids they determine to be in their best interest.

Tract 1 - Whole Property - 96.5 Acres M/L
Tract 2 - Acreage Split - 3.5 Acres M/L
Tract 3 - Farmland Split - 93 Acres M/L

Farm lease has been terminated. The farm will be open for the 2027 cropping season.

Legal Description

96.5 Acres m/l located in Section 36 of Washington Township Keokuk County, IA. Exact Legal Description to be taken from Abstract.

Directions

From Sigourney, IA travel west out of town for approximately 5 miles. Property will be located on the north side of IA Highway 92. Look for signs.

Sign On Property: Yes
Parcel Number: WSTOS-003800, WSTOS-003900, WSTOS-002300
School District: Sigourney CSD
General Area: Sigourney, IA
Net Taxes: $4,090.00
CSR2: 64.7
Zoning: Agriculture

Interactive Map

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Tracts

Tract 1 - 15287 Highway 92, Sigourney, IA 52591

Tract Photos

Description

Tract 1 includes 96.5 acres m/l, with approximately 84.99 cropland acres carrying a CSR2 rating of 64.7. Primary soil types consist of Nodaway and Ladoga silty clay loams, both known for their productivity and crop performance. The farm features natural drainage, with some terraces and existing tile in place. While no tile maps are currently on record, the drainage appears to be functional and well-supported.

Situated in the heart of the farm is a 2,552 sq. ft. ranch-style home with 3 bedrooms and an attached two-car garage, built in 1961. The acreage features an 80' x 40' machine shed, with approximately half of the building insulated with a concrete floor, and the remaining half utilized as cold storage. An additional 20' x 30' detached garage with concrete floors provides extra storage and workspace. The property also includes a functional grain bin equipped with a floor and dryer.

Located just west of Sigourney, Iowa, in Section 36 of Washington Township, Keokuk County, IA.

Dwellings will be sold "As Is, Where Is." The buyer will be responsible for the cost of any improvement, replacement, or repairs to the current septic/wastewater treatment system. The buyer will be required to sign a binding agreement with Keokuk County at Closing as part of the "Time of Transfer" requirement with the Ground Water Hazard Statement. This is an acknowledgment by the Buyer to either vacate/demolish or improve/update the current septic system per Iowa Law. Contact Agent for further details.

Legal Description

96.5 Acres M/L located in Section 36 of Washington Township, Keokuk County, Iowa. Exact Legal Description to be taken from Abstract.

Details

Acres: 96.50 Acres M/L
Parcel Number: WSTOS-002300, WSTOS-003900, WSTOS-003800
CSR2: 64.7

Downloads

Tract 2 - 15287 Highway 92, Sigourney, IA 52591

Tract Photos

Description

Tract 2 offers a beautiful acreage tucked back off Iowa Highway 92 and situated in the heart of the farm. The property features a 2,552 sq. ft. ranch-style home, built in 1961, containing 3 bedrooms and an attached two-car garage. A long lane leads back to the secluded acreage setting, which is surrounded by productive farmland and features mature trees, an established yard, and ample gravel area around the outbuildings.

The acreage features an 80' x 40' machine shed, with approximately half of the building insulated with a concrete floor and the remaining half utilized as cold storage. An additional 20' x 30' detached garage with concrete floors provides extra storage and workspace. The property also includes a functional grain bin equipped with a floor and dryer.

This is a unique opportunity to purchase a well-located country acreage offering privacy, multiple outbuildings, and an attractive setting just off a paved highway.

Dwellings will be sold "As Is, Where Is." The buyer will be responsible for the cost of any improvement, replacement, or repairs to the current septic/wastewater treatment system. The buyer will be required to sign a binding agreement with Keokuk County at Closing as part of the "Time of Transfer" requirement with the Ground Water Hazard Statement. This is an acknowledgment by the Buyer to either vacate/demolish or improve/update the current septic system per Iowa Law. Contact Agent for further details.

**This tract is subject to final survey. If the property is purchased as two separate tracts, the Sellers will pay all costs associated with the survey.

**An access easement will be established across Tract 2 for the benefit of Tract 3, providing access to the farmland beyond the bridge. You can find a map of this easement in the photos below.

**The bridge is currently owned by Keokuk County. New planks were installed 5 years ago.

Legal Description

96.5 Acres M/L located in Section 36 of Washington Township, Keokuk County, Iowa. Exact Legal Description to be taken from Abstract.

Details

Acres: 3.50 Acres M/L
Parcel Number: TBD
CSR2: 56.8

Downloads

Tract 3 - 15287 Highway 92, Sigourney, IA 52591

Tract Photos

Description

Tract 3 includes 93 acres m/l, with approximately 84.78 cropland acres carrying a CSR2 rating of 64.7. Primary soil types consist of Nodaway and Ladoga silty clay loams, both known for their productivity and crop performance. The farm features natural drainage, with some terraces and existing tile in place. While no tile maps are currently on record, the drainage appears to be functional and well-supported.

**This tract is subject to final survey. If the property is purchased as two separate tracts, the Sellers will pay all costs associated with the survey.

**An access easement will be established across Tract 2 "Acreage Tract" for the benefit of Tract 3, providing access to the farmland beyond the bridge. You can find a map of this easement in the photos below.

**The bridge is currently owned by Keokuk County. New plank was installed 5 years ago.

Legal Description

96.5 Acres M/L located in Section 36 of Washington Township, Keokuk County, Iowa. Exact Legal Description to be taken from Abstract.

Details

Acres: 93.00 Acres M/L
CSR2: 64.7

Downloads

Auction Details & Terms

Sealed Bid Submittal Process & Deadline: Sealed Bids, in written or electronic format, for the Property will be due no later than 12:00 "Noon" P.M. CST, on Wednesday, November 4th, 2026, to the following:

Peoples Company
219 Westwood Cir
Kalona, IA 52247
Riley@PeoplesCompany.com

Sealed Bids for the Property shall be submitted on the Sealed Bid Submittal Form that can be obtained by contacting Listing Agent Riley Sieren by phone at (319) 591.0111 or by email at Riley@PeoplesCompany.com. Handwritten bids, if legible, may be acceptable in the Seller and Broker’s sole discretion. Please complete each blank field provided in the Sealed Bid Submittal Form. Bids can be submitted via mail or email but must be received by the deadline date to be considered.

Upon the receipt of all submitted bids, the Seller may accept or reject any bid or offer or enter into negotiations with one or more Bidders. Upon the Seller’s acceptance of any bid or offer, the winning Bidder(s) and Seller shall enter into a binding Purchase Agreement to Buy. The Seller shall not be obligated or bound to sell the Property until Seller has entered into a fully executed Purchase Agreement.

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

Farm Program Information: Farm Program Information is provided by the Keokuk 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 Keokuk County FSA and NRCS offices.

Earnest Money Payment: A 10% earnest money payment is required at the time of signing the Purchase Agreement. The earnest money payment may be paid in the form of or check or wire transfer. All funds will be held in the Peoples Company Trust Account.

Closing: Closing will occur on or before Wednesday, December 30th, 2026. The balance of the purchase price will be payable at closing in the form of a guaranteed check or wire transfer.

Possession: Possession of the farm will be given at closing. Subject to tenants' rights.

Farm Lease: The farm lease has been terminated and is open for the 2027 cropping season.

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. 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.

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. The 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.