Iowa Land Company is honored to represent and offer this quality farmland for sale owned by What Cheer, LLC. The farm will be offered for sale in two separate tracts; Tract 1 181.88 +/- acres and Tract 2 38.25 +/- acres on February 20th, 2024. Per tract agricultural information is listed below. The farm is leased for the 2024 farming season, the Buyer(s) will retain the 2024 farm income. Full possession will be March 1st, 2025. Primary soil types are Nodaway-Ackmore-Vesser loam and Ladoga loam soils. Tract 1 and 2 offer a combined 207.38 +/- FSA cropland acres.

Tract 1

- 181.88 +/- Taxable Acres

- 171.49 +/- FSA Cropland Acres

- 56.5 CSR2 Average

- Tile improvements have been added in 2020

- Two field entrances off 140th Avenue

- Nice laying farm with tile improvements

Tract 2

- 38.25 +/- Taxable Acres

- 35.89 +/- FSA Cropland Acres

- 50.6 CSR2 Average

- Field entrances off 140th Avenue

- Nice laying compact farm

Base Acres

- 62.53 Corn

- N/A Soybean

PLC Yield

- 165 Corn

- N/A Soybeans

Auction Date: February 20th, 2024

Auction Time: 1:00 PM

Auction Location: Keokuk County Fairgrounds in the Thomas Hall Building

Auction Address: 13061 170th St, What Cheer, IA 50268

Sale Method: The farm will be sold as two tracts at live public auction with online bidding per buyers choice method. Winning bidder has their CHOICE of which tract(s) (Tract 1 or Tract 2) they desire, they also have the option to purchase Tract 1 & Tract 2 together.

Farm Lease: Full possession is March 1st, 2025 per tenants rights. Buyer(s) will be entitled to the full 2024 farm income. 2024 agricultural tenancy is leased.