2827 110th Street
Bagley, IA 50026

Guthrie County, Iowa Land Auction – Mark your calendar for Tuesday, November 28th, 2023 at 10:00 AM! Peoples Company is pleased to represent the Krueger Family members in the sale of 164 total acres m/l located four and a one-half miles west of Jamaica, Iowa, and just east of Bagley, Iowa. The farm consists of 145.8 M/L FSA tillable acres with approximately 134.16 acres currently in production and a CSR2 soil rating of 84.7. The primary soil types include Webster clay loam, Nicollet loam, and Colo silty clay loam. The balance of the acres are made up of well-maintained grass waterways, pasture acres located on either side of Mosquito Creek, and a building/acreage site. The property does include an older two-story home built in the early 1900’s plus a few older outbuildings. The location along Mosquito Creek allows added drainage tile to be installed and an outlet to ‘daylight’. A Wetland Determination was completed in 2018 on the pasture/grassland acres and the determination for these acres is Prior Converted / Non-Wetland (PC / NW) EXCEPT for a 0.3-acre wetland located on the north side of the property immediately west of Mosquito Creek. The wetland does not encroach into the tillable ground. Contact the Listing Agent for more details. The property has great access to nearby paved roads including Iowa Highway 141 to the south allowing close proximity to several competing grain marketing options including the POET Ethanol Plant, the Louis Dreyfus Ethanol Plant, multiple grain elevators, and livestock facilities that purchase grain locally. Farming rights are OPEN for the 2024 farm year. The farm can be found in the SW ¼ of Section 6 in Richland Township, Guthrie County, Iowa. The single tract will be offered on a price per-acre basis via Public Auction and will take place on Tuesday, November 28th, 2023 at 10:00 AM at the Jamaica Community Center, Jamaica, Iowa. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available. *Please Note* The agricultural dwelling will be sold on an "as is, where is" basis. There is a building served by a private sewage disposal system on the property. Any and all septic system inspections, repairs, or replacement will be at the sole cost and responsibility of the buyer and/or the responsibility of vacating the septic system/removal of the home. The winning bidder will be required to execute a binding acknowledgment to either install a new septic system within an agreed-upon time or demolish the building within an agreed-upon time. The auction will be conducted on a price-per-acre basis with the multiplier being 164 acres more or less. This is calculated by adding the taxable acres of each parcel listed with the Guthrie County, Iowa Assessor's and 2 acres for the road right-of-way. The Buyer should verify any information regarding the total acres being purchased.