United Country Hawkeye Real Estate is proud to present the farms of the Anita R. Bauer Trust at a live public auction on Thursday, February 26, 2026. Located in Adams County, Iowa, these highly productive tillable farms consist of 274.77 total acres and will be offered in two separate tracts, providing buyers with flexible purchasing opportunities. For those unable to attend in person, live online bidding will be available through our virtual online auction platform. Situated just north of Prescott, Iowa, in Carl and Colony Townships, these farms offer a strong combination of productive tillable acres, established CRP income, and excellent long-term investment potential. Both tracts have been well maintained by a quality tenant and feature desirable CSR2 ratings in the mid to upper 60s. Full possession will be granted immediately upon the closing date. We invite you to join us at 11:00 AM at the Corning Community Center in Corning, Iowa.

Tract # 1

120 +/- Deeded Acres

102.85 +/- Effective DCP Cropland Acres

68.5 CSR2 Average

Full Possession Upon Closing

Primary Soil Types: Sharpsburg-Nira, Sharpsburg, & Lamoni Shelby

Taxes 3 Parcels | $2,786 Annual

Tract # 2

154.77 +/- Deeded Acres (Subject to Survey)

104.86 +/- Effective DCP Cropland Acres

65.5 CSR2 Average

23.96 +/- CRP Acres

$2,516 Annual CRP Income

Full Possession Upon Closing

Primary Soil Types: Sharpsburg-Nira, Shelby, & Sharpsburg

Taxes 4 Parcels | $3,274

Key Features

Productive Tillable Acres & Income Potential: These Adams County, Iowa farms total 274.77 acres and offer productive tillable land complemented by established CRP income. Tract #1 is currently displaying 85.7% income producing acres from row crop production alone. Tract #2 is generating revenue on 83% of its composition through row crop production and CRP acres.

Well-Maintained Farms with Strong CSR2 Ratings: These Carl & Colony Township tracts just north of Prescott, IA have been well cared for by a quality tenant and feature desirable CSR2 ratings in the mid to upper 60s. These characteristics reflect consistent productivity and make the farms attractive to both owner-operators and investors.

Flexible Buying Options & Immediate Possession: The farms will be offered in two separate tracts at a live public auction on February 26, 2026, with live online bidding available for remote participants. Full possession will be granted immediately upon closing, allowing buyers to take control without delay.

Terms & Conditons

Seller: Anita R. Bauer Trust

Representing Attorney: David Morain - Hoyt, Morain, & Homer, P.C.

Sale Date: Auction will be held Thursday, February 26, 2026 at 11:00 AM at the Corning Community Center 601 6th Street, Corning, IA 50841

Approval of Bids: Seller is serious about selling this property at auction but does reserve the right to accept or reject the final bid. Each bid shall constitute an offer to purchase, and the final bid, if accepted by the Seller, shall constitute a binding contract between the Buyer and Seller. Conduction of the auction and increments of bidding are at the direction and discretion of United Country Hawkeye Farm Mgmt & Real Estate and/or the auctioneers.

Tracts: Farms will be sold in two tracts.

Tract 1 120 +/- Deeded Acres.

Tract 2 154.77 +/- Deeded Acres (Subject to Survey)

Survey: Survey is currently taking place on Tract #2 which may alter the exact acres offered day of the sale.

Auction Method: The property will be sold on a price per acre basis based on deeded acres obtained from the Adams County Treasurer or Survey. The farms will be sold using a standard auction format and sold in order according to their tract number. The auction can also be viewed through a Virtual Online Auction option and online bidding will be available.

Online Bidding Process: To participate in the bidding process, please register through our online bidding platform. Interested bidders can access the real time auction through our brokerages auction platform via the Internet. By using this online auction platform, bidders recognize that internet performance can be unpredictable and may occasionally affect access, result in downtime, or lead to slow connections to the platform. Bidders agree that United Country Hawkeye Farm Mgmt & Real Estate, along with its affiliates, members, officers, shareholders, agents, or contractors, cannot be held responsible for any connectivity issues or disruptions that bidders may encounter while using the online auction platform.

Bidder Registration: Prospective bidders must register with United Country Hawkeye Farm Management & Real Estate and receive a bidder number to bid at the auction. All online bidders must be approved prior to the auction starting. Be sure to allow ample time for registration approval. United Country Hawkeye Farm Mgmt & Real Estate and its representatives act as agents for the Seller. Winning bidder(s) acknowledge that they are representing themselves in completing the auction sale transaction.

FSA: All FSA information, maps, field boundaries and acres are presumed accurate based on the best available information and knowledge of the seller and United Country Hawkeye Farm Mgmt & Real Estate.

Mineral Rights: All mineral rights, if any, owned by the Seller will be conveyed to the Buyer.

As is-where is: Property is sold AS IS-WHERE IS and the Buyer should take time to examine this property thoroughly and rely on their own judgement. The only guarantee from the Seller is a valid, good, and marketable title to the property. Neither the Seller, United County Hawkeye Farm Mgmt & Real Estate, or the Auctioneers are giving any warranties other than a clear title. Buyer must conduct their own inspections at their own expense prior to bidding at the auction. The winning bidder may obtain financing or use 1031 exchange funds to complete the purchase; however, the final purchase is NOT contingent upon the buyers ability to secure financing, obtain an appraisal, or complete a 1031 exchange. Auctioneers, United Country Hawkeye Farm Mgmt & Real Estate, or its agents are not responsible for any representation made by Seller or their employees and are not responsible for accidents on the sale property should any occur.

Contact United Country Hawkeye Farm Mgmt & Real Estate at 641-932-7796 or Luke Nissen, ALC at 712-304-4827 for a private showing prior to day of sale.

Taxes & CRP: Taxes will be pro-rated to the date of closing and based on tax estimates as provided per Adams County Treasurer. All CRP payments will be pro-rated to the date of deed recording. Buyer agrees to promptly provide required transfer information to FSA office upon closing and could be liable for delays or failure to transfer contracts.

Possession: Possession will be given upon closing.

Subject to: The sale of this property is subject to any and all easements of record, covenants, restrictions of record and leases.

Contract and Earnest Payment: Buyer and Seller will enter a standard format Contract for the Sale of Real Estate on the day of auction. Contract will call for 10% earnest money on the day of sale to be held in Hawkeye Farm Mgmt & Real Estate Trust in the form of a personal, corporate or cashiers check with the balance of the purchase price due, in certified funds, at closing on or before March 27, 2026. Contracts will contain no financing or inspection contingencies and Buyer must have their own financing and make their own inspections prior to bidding at this auction. Seller will provide abstract continued through date of sale to Buyers attorney for title opinion and deliver title by General Warranty Deed. Buyer will be responsible for their own mortgage policies of title insurance (if applicable). The 2025-2026 Property taxes will be prorated. Exact legal to come from deed and abstract. Buyer is responsible for their own investigation of property and/or zoning for their intended use.

Day of Auction: Announcements made by the United Country Hawkeye Farm Mgmt & Real Estate and Auctioneers ahead of or during the time of sale take precedence over any previously printed materials or any oral statements made. The sale will be controlled by the auctioneer. United Country Hawkeye Farm Mgmt & Real Estate and Auctioneers represent the Seller only. If a tie or dispute occurs between two or more bidders, the Auctioneer may re-open the bidding at the Auctioneers sole discretion and shall serve as the sole arbiter as to who is or is not allowed to bid. Auctioneer reserves the right to reject any bid that is only a fraction advance over the preceding bid, to regulate bidding and to accept or reject any or all bids. Auctioneer reserves the right to enter bids on behalf of absentee/phone bidders as well as the Seller. Any and all decisions of Auctioneer regarding the conduct of the auction shall be final without liability to any party.

Agency: Auction Company, United Country Hawkeye Farm Mgmt & Real Estate, Auctioneer and their representatives are exclusive agents of the Seller. Jon Hjelm with the Acre Company acts as the Auctioneer.

THE BIDDING WILL ONLY LAST A FEW MINUTES, AND THE AUCITONEER HAS FINAL SAY.