Land for Sale - 23354 Panama Avenue, Underwood, IA 51576 - 147.46 acres

147.46 +/- Acres Farmland Near Underwood in Pottawattamie County Iowa

23354 Panama Avenue, Underwood, IA | Lat/Lng:  41.4161, -95.7409

Auction
147.46 ac.
09/10/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

Midwest Ag Services is honored to be representing the Duane D. Larsen Estate in the sale of 147.46 +/- Acres located in Pottawattamie County Iowa. The property will be offered as a single tract via a One-Chance Sealed Bid Auction. Contact Evan Summy for a One Chance Sealed Bid Packet! LOCATION: 1.5 Miles North & 3 Miles West of Underwood IA LEGAL: NW Fractional Section 1 Hazel Dell Township FSA INFO: Farm #3573. 136.04 Cropland Acres. 118.5 Acre Corn Base & 172 Bushel PLC Yield. CSR2: Estimated 54.2 CSR2 Per Surety Mapping Software. 2025-26 RE TAXES: $5,964 Per Year. IMPROVEMENTS: One story dwelling, bins, & misc. outbuildings. POSSESSION: Subject to 2025 cash rent lease which expires on March 1, 2026. Seller Reserves grain storage through 6/30/2026. METHOD OF SALE: Offered as single tract via one-chance sealed bid auction. Seller reserves the right to reject any & all bids. SUBMISSION OF BIDS: All interested parties are required to make offers on the one-chance sealed bid form provided by Midwest Ag Services, Inc. All bids must be hand-delivered, mailed or Emailed to Midwest Ag Services, Inc. Co. Bluffs office, on or before FridayOctober 24, 2025 at 12:00 Noon, CDT. SALE TERMS: The successful bidder will be required to enter into a purchase contract no later than October 27, 2025, at 5:00 PM, and submit a 10% earnest money deposit within one business day of acceptance, payable to Clear Title & Abstract. The balance of the purchase price will be due at closing in the form of a wire transfer or cashiers check. Closing shall take place within 30 to 45 days following acceptance of the offer. Bids are not contingent upon financing, and the closing fee will be split equally between the buyer and seller. ATTORNEY: Zachary M. Winter, Stuart Tinley Law Firm LLP. SELLER: Duane D. Larsen Estate

Details

CountyPottawattamie
Zipcode51576
Property Type OneFarms
Property Type TwoResidential Property
BrokerageMidwest Ag Services, Inc.
Brokerage Linkwww.midwestagservices.com
Land Listing Agent Photo
Evan Summy
Midwest Ag Services, Inc.
(712) 323-5353
By clicking the button, you agree to our Terms of Use and Privacy Policy.
$ image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xmlimage/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml $image/svg+xmlimage/svg+xmlimage/svg+xml image/svg+xml image/svg+xml