Iowa Land Company is honored to represent the Lane Goad Estate located on the Warren / Marion County line, just 4 miles west of Pleasantville, Iowa. The farm will be offered at public auction on August 26th, 2022 in Pleasantville, Iowa and the Memorial Hall at 12pm. The farm will be offered in 3 tracts on the day of sale. This is a great opportunity for local grain farmers, outdoorsman, and country living buyers to purchase relatively smaller tracts with a ton of diversified land features! Tract #1 will be offered as 62.25 +/- acres, 49.97 +/- FSA Cropland acres with a 72.9 CSR2 average on the tillable acres. Tract #2 consists of 67 +/- acres, with 25.07 +/- FSA acres considered cropland acres of which 16.57 acres are currently in cropland production and the remaining 8.50 acres are in a CP2 CRP program. The CSR2 average is 56 on the cropland acres. Tract #3 consists of 40 acres, with all 40 of the acres being timber. Tract #3 would make for a great recreational property with a ton of diversity close to the Des Moines metro! 23 miles from the Des Moines Metro, 12.5 miles from Indianola, and 13 miles from Knoxville, Iowa. The farmland is currently leased for the 2022 farming season; full possession will be March 1, 2023. Cropland acres, timber acres, a small creek, and building sites make the Lane Goad Farm very attractive to many different types of buyers, you wont want to miss this one!

Farm Information

Tract 1

62.25 +/- Gross Acres

49.97 FSA cropland acres

72.9 CSR2 average

13.78 +/- acres of timber draws

Base Acres

32.43 Corn

14.30 Soybeans

PLC Yield

103 Corn

44 Soybeans

Taxes $ 1,404 estimated annually

Gross Acres may change and are subject to change.

Tract 2

67 +/- Gross Acres

25.07 +/- FSA cropland acres

56 CSR2 average

16.57 +/- acres are currently in cropland production

Base Acres

16.57 Corn

N/A Soybeans

PLC Yield

103 Corn

N/A Soybeans

8.50 acres are in a CP2 CRP program, paying $1,815 annually, expiring in 9-30-2025

39.69 +/- acres of hardwood timber

Building site possibilities with electric and water at the road

Excellent Hunting

Taxes $ 1,216 estimated annually

Tract 3

40 +/- Gross Acres

Building site possibilities with electric and water on location

Country living setting with close proximity to pavement and the Des Moines Metro

Timber and wildlife habitat.

Excellent Hunting

Taxes $414 estimated annually

Auction Date: August 26th, 2022

Auction Time: 1:00 PM

Auction Location: Pleasantville, Iowa Memorial Hall

Auction Address: 101 N Jefferson St, Pleasantville, IA 50225

Sale Method: The farm will be sold as 3 tracts at live public auction with online bidding and phone bidding opportunities. We will be offering the farm via the buyers choice method of sale!

Farm Lease: Farm is leased for the 2022 growing season. Full Possession will be March 1st, 2023. There is no hunting lease currently on the property.

Survey: We are selling the farm via gross acres measured via Surety mapping.

Purchase Agreement: Immediately upon conclusion of the auction, if the sellers reserve amount has been met, the high bidder will enter into a real estate sales contract and deposit with the sellers attorney the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer obtaining financing.

Earnest Money: 10% earnest money payment is required on the day of the auction. All funds will be held in the sellers attorney trust account. Remaining balance will be due at closing.

Farm Possession: Buyer will receive full possession March 1st, 2023.

Farm Closing: October 11th, 2022

FSA Information: Call Land Agent Nick Skinner or Land Broker/Auctioneer Luke Skinner for any FSA information questions prior to the auction. Note all FSA information is estimated to the best knowledge of the seller and Iowa Land Company. All information is subject to change. Farm will be subject to a new FSA conservation plan.

Mineral Rights: All mineral rights owned by the seller will convey to the buyer.

Bidder Registration: All active bidders must be registered prior to bidding on the farm. All bidders must have a bid card to bid on the farm. Call Land Agent Nick Skinner or Land Broker/Auctioneer Luke Skinner prior to the sale if you are unable to attend the sale but have an interest in the farm. We do have online bidding available. You must sign up for online bidding at least 24 hours before the sale unless special arrangements have been made with Iowa Land Company.

Terms and Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold AS IS-WHERE IS basis with no warranties or guarantees, either expressed or implied by the Seller or Iowa Land Company.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither Iowa Land Company nor the Seller make any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or more or less. Any announcements made auction day by Iowa Land Company will take precedence over any previously printed materials or oral statements. Iowa Land Company and Seller reserve the right to preclude any person from bidding if there are any questions as to the persons credentials or fitness to bid.