101.07 Acres M/L in Greene County, Iowa

Major Greene County, Iowa Farmland Auction - September 25, 2025 at 10AM in Grand Junction, Iowa! Tract 2 consists of 101.07 acres m/l with an estimated 100.90 FSA cropland acres. Of the cropland acres, there are currently 87.60 acres being farmed, with the remaining 13.30 acres certified as grass bordering the open ditch in the northeast corner of the tract. The tillable acres have a CSR2 soil rating of 86.2, well above the Greene County, Iowa average CSR2 soil rating of 78.3, and the grass acres have a CSR2 soil rating of 59.9. Prominent soil types include highly productive Webster clay loam, Clarion loam, and Nicollet loam. The 7.05 cropland acres located in the northeast corner of the farm are accessed through the grass acres and over the open ditch via a cement crossing. Tract 2 adjoins Tract 1, and they are currently being farmed together. Access to the tract was previously through Tract 1, but as Tract 2 sits, there is currently no road access, and a driveway will need to be installed at the expense of the buyer. If Tracts 1 and 2 are purchased by the same buyer, then no driveway installation will be needed. This tract is located just west of Grand Junction, Iowa, in Section 6 of Junction Township, Greene County, Iowa. Auction Details & Terms The Rowles Family 646.29 Acres M/L Offered as Seven Tracts Thursday, September 25th, 2025 at 10:00 AM CST Seller: The Rowles Family Auction Location: Grand Junction Community Center - Lincoln Highway Room 212 Main Street E Grand Junction, Iowa 50107 Tract 1: 63.11 acres m/l Tract 2: 101.07 acres m/l Tract 3: 160 acres m/l Tract 4: 155.57 acres m/l Tract 5: 80 acres m/l Tract 6: 80 acres m/l Tract 7: 6.54 acres m/l (to be surveyed) Online Bidding: Register to bid on our website. Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide a slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform. Auction Method: The tracts will be sold via Public Auction on Thursday, September 25th, 2025, at 10:00 AM at the Grand Junction Community Center - Lincoln Highway Room in Grand Junction, Iowa. Tracts 1-6 will be offered on a price-per-acre basis using the "Buyer's Choice" auction method, where the high bidder can take, in any order, any or all tracts for their high bid. The "Buyer's Choice" auction will continue until Tracts 1-6 have been purchased and removed from the auction. Tract 7 will be offered on a "Whole Dollar Basis" after Tracts 1-6 have sold. The tracts will not be offered in their entirety at the conclusion of the auction. This auction can also be viewed through a Virtual Online Auction option, and online bidding will be available. Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction. Agency: Peoples Company and its representatives are agents of the Seller. Winning Bidder(s) acknowledge they are representing themselves in completing the auction sales transaction. Farm Program Information: Farm Program Information is provided by the Greene County Farm Service Agency. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc., are subject to change when the farm is reconstituted by the Greene County FSA and NRCS offices. Earnest Money Payment: Tracts 1-6 will require a 10% earnest money payment on the day of the auction. Tract 7 will require a $10,000 earnest money payment. The earnest money payments may be paid in the form of cash or check. All funds will be held in the Peoples Company Trust Account. Closing: Closing will occur on or before Tuesday, November 11th, 2025. The balance of the purchase price will be payable at closing in the form of cash, guaranteed checks, or wire transfers. Possession: Possession of the land will be given At Closing, Subject to the Tenant's Rights. Farm Lease: The farm lease has been terminated, and farming rights are open for the 2026 growing season. Windpark Easement Agreements: All Windpark Easement Agreements will be assigned to the new Buyer(s) at closing. All 2025 income related to the Windpark Easement Agreements will be retained by the seller, and all future lease payments will be to the new Buyer(s). CRP Contracts & Payments: Tracts 3, 4 & 6 are subject to Conservation Reserve Program contracts. Seller and any other participants listed in the contracts will assign the CRP contracts to the Buyer(s) as of the Closing Date, and Buyer(s) shall assume all obligations of the CRP contracts. Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit the required earnest money payment into the Peoples Company Trust Account. The Seller will provide a current abstract at their expense. The sale is not contingent upon Buyer financing. Financing: The purchasers obligation to purchase the Property is unconditional and is not contingent upon the Purchaser obtaining financing. Any financial arrangements are to have been made before bidding at the auction. By the mere act of bidding, the bidder makes a representation and warrants that the bidder has the present ability to pay the bid price and fulfill the terms and conditions provided in the Contract. Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Seller. Not all tract and boundary lines are fenced, and if needed, will be the responsibility of the Buyer at closing. Existing fence lines may not fall directly on the legal boundary. Surveys: A survey will be provided for Tracts 1 and 7. No additional surveying or staking will be provided by the Seller. Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property will be sold on an As is Where is basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a "Price Per Acre" amount. Peoples Company and its representatives are agents of the Seller. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made on auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final. Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc., may vary from figures stated within the marketing material. Buyer should perform his/her investigation of the property before bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the Abstract. Seller reserves the right to accept or reject any and all bids.