Brief Legal: SE 1/4 Section 25, T72 (Glenwood) R 43W and the SW 1/4 except the S 20 rods SESW and except the S 20 rods of the SWSW, Section 30, T72 (Center) Range 42, Mills County, Iowa.

272.24 acres of Cropland

69.7 CSR2

Taxes: $10,102, prorated to the date of closing.

Method of Auction: Farm will sell 302.51 acres times the bid.

This is a highly productive farm with a good CSR2 rating!  2026 possession!

Farm may be driven on once crops have been removed.

Contact Ed Spencer, Broker for more information at 402-510-3276.

All interested parties to register at www.spencergroups.com and submit a bank letter of creditworthiness to Spencer Groups office by calling 712-644-2151.

Farm will sell 302.51 acres times the bid

Your bid is not subject to financing or any other contingencies.  Seller has the right to accept or reject the final bid by 5pm on November 14th. If the final bid is accepted, buyer to place a 10% non-refundable earnest deposit in the Blair Title Trust Account, where it will be held until closing. Seller will provide an updated abstract. Buyer to provide a title opinion rendered by the attorney of the buyers choice, at the buyers expense.  Each party will be responsible for normal closing costs associated with closing a real estate transaction.

Closing on or before December 15th, 2025.

Seller has terminated the 2025 tenant. Seller retains 100% of the 2025 cash rent.  Buyer will receive full possession and full farming rights on March 1, 2026. 

AGENCY:  Spencer Groups, INC/Ed Spencer Real Estate/Farms America, INC, its agents and its associates, are agents for, and represent the SELLERS in this transaction.  All bidders will be considered customers, not clients.

Disclaimer: Announcements made by the auctioneer at the time of the sale or emailed to registered bidders will take precedence over any and all previously printed materials, or any oral statements made.  All information and all related materials are subject to the terms and conditions outlined in the agreement to purchase.  The property is being sold on an "as-is, where-is" basis, no warranty or representation, either expressed or implied concerning the property is being made by the sellers or the auction company.  Each potential bidder is responsible for conducting his/her own due diligence, inspections, investigations and inquiries regarding the farm. The information contained herein is believed to be accurate, but is subject to the verification of all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the sellers or the auction company. All sketches and dimensions in this brochure are approximated based upon GIS, aerial photographs and information provided by the assessor and the FSA. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer.