Auction Information
147.46 +/- Acres Farmland Near Underwood in Pottawattamie County Iowa
Midwest Ag Services is honored to be representing the Duane D. Larsen Estate in the sale of 147.46 +/- Acres located in Pottawattamie County Iowa. The property will be offered as a single tract via a One-Chance
Sealed Bid Auction. Contact Evan Summy for a One Chance Sealed Bid Packet!
LOCATION: 1.5 Miles North & 3 Miles West of Underwood IA
LEGAL: NW Fractional Section 1 Hazel Dell Township
FSA INFO: Farm #3573. 136.04 Cropland Acres. 118.5 Acre Corn Base & 172 Bushel PLC Yield.
CSR2: Estimated 54.2 CSR2 Per Surety Mapping Software.
2025-26 RE TAXES: $5,964 Per Year.
IMPROVEMENTS: One story dwelling, bins, & misc. outbuildings.
POSSESSION: Subject to 2025 cash rent lease which expires on March 1, 2026. Seller Reserves grain storage through 6/30/2026.
METHOD OF SALE: Offered as single tract via one-chance sealed bid auction. Seller reserves the right to reject any & all bids.
SU...
SUBMISSION OF BIDS: All interested parties are required to make offers on the one-chance sealed bid form provided by Midwest Ag Services, Inc. All bids must be hand-delivered, mailed or Emailed to
Midwest Ag Services, Inc. Co. Bluffs office, on or before FridayOctober 24, 2025 at 12:00 Noon, CDT.
SALE TERMS: The successful bidder will be required to enter into a purchase contract no later than October 27, 2025, at 5:00 PM, and
submit a 10% earnest money deposit within one business day of acceptance, payable to Clear Title & Abstract. The balance of the purchase price will be due at closing in the form of a wire transfer or cashiers check. Closing shall take place within 30 to 45 days following acceptance of the offer. Bids are not contingent upon financing, and the closing fee will be split equally between the buyer and seller.
ATTORNEY: Zachary M. Winter, Stuart Tinley Law Firm LLP.
SELLER: Duane D. Larsen Estate
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Research Parcel InformationDirections
From Underwood Iowa, Go West on HWY G30 for Approx. 3 Miles, Then Head North on 230th St. for 1.5 Miles. The Farm is Located on the East Side of 230th St & North Side of Panama Ave. Look For the Signs!