467.02 Acres m/l, Webster Co., Dayton, IA

Webster County, Iowa Farmland Auction - Mark your calendars for Thursday, November 20th, 2025! Peoples Company is honored to represent the Brecht & Youngren families in the sale of 467.02 acres m/l located north of Dayton, Iowa, or just south of Lehigh, Iowa. The farmland will be sold as six individual tracts through the Buyer's Choice Auction Method, taking place at 10:00 AM at the Dayton Community Center in Dayton, Iowa. Tract 1: 77.1 acres m/l with 76.2 estimated FSA cropland acres; CSR2 of 75.4. Tract 2: 64.05 acres m/l with 54.24 estimated FSA cropland acres; CSR2 of 75. Tract 3: 77.5 acres m/l with 75.45 FSA cropland acres; CSR2 of 72.6. Tract 4: 89.18 surveyed acres with 84.06 estimated FSA cropland acres; CSR2 of 74.3. Tract 5: 80.48 surveyed acres with 78.4 estimated FSA cropland acres; CSR2 of 75.7. Tract 6: 78.71 surveyed acres, recreational tract with a pond and building site. These high-quality farmland tracts are located in a strong farming community with several grain marketing outlets nearby. They would be a great add-on to an existing farm operation, an affordable tract for a beginning farmer, or a smart investment for the buyer looking to diversify their portfolio. The farmland acres are classified as NHEL (Non-Highly Erodible Land), and private tile has been installed on these tracts (Contact agent for more details). The existing farm lease has been terminated, providing open farming rights for the 2026 growing season. The tracts are located in Yell and Dayton Townships. The farms will be offered via a live Public Auction that will take place at 10:00 AM CST on Thursday, November 20th, 2025, at the Dayton Community Center, 104 1st Street NW, Dayton, Iowa. The land will be sold as six individual tracts using the "Buyers Choice" auction method on a price-per-acre basis. The high bidder can take, in any order, one, two, or all of the tracts for their high bid. "Buyer's Choice" auctioning will continue until all tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety after the auction. This auction can also be viewed through the Peoples Company mobile bidding app, and online bidding will be available. Auction Details & Terms Webster County, Iowa Land Auction 467.02 Acres M/L (Offered in Six Tracts) Thursday, November 20th, 2025 at 10:00 AM CST Auction Location: Dayton Community Center 104 1st Street NW Dayton, Iowa 50530 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 that they are representing themselves in completing the auction sales transaction. 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: All tracts will be sold on a per-acre basis and will be offered through the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take, in any order, one or all tracts for their high bid. The "Buyer's Choice Auction Method" will continue until all tracts have been purchased. Tracts will not be offered in their entirety or combined at the conclusion of the auction. This auction can also be viewed through a Virtual Online Auction option, and online bidding will be available. Tract 1: 77.1 Acres M/L Tract 2: 64.05 Acres M/L Tract 3: 77.5 Acres M/L Tract 4: 89.18 Surveyed Acres Tract 5: 80.48 Surveyed Acres Tract 6: 78.71 Surveyed Acres Financing: The buyer's obligation to purchase the Real Estate is unconditional and is not contingent upon the Buyer obtaining financing. All financial arrangements are to have been made before bidding at the auction. By the mere act of bidding, the bidder makes the representation and warrants that the bidder has the present ability to pay the bid price and fulfill the Contract. Agency: Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge that they are representing themselves in completing the auction sales transaction. Farm Program Information: Farm Program Information is provided by the Webster 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 Webster County FSA and NRCS offices. Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of a check or wire transfer. All funds will be held in Peoples Company's Trust Account. Closing: Tracts 1, 2 & 3 closing will occur on or before Thursday, December 18th, 2025. Tracts 4, 5 & 6 closing will occur on or before Thursday, January 8th, 2026. The balance of the purchase price will be payable at closing in the form of a guaranteed check or wire transfer. Possession: Possession of the farm will be given At Closing, Subject to the Tenant's Rights. Farm Lease: The farm lease has been terminated, and the tracts are open for the 2026 growing season. Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Peoples Company's Trust Account the required earnest money payment. The Seller will provide a current abstract at their expense. The Sale is not contingent upon Buyer financing. Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Sellers. 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. Personal Property & Debris: The land is being sold in as-is condition. The buyer assumes all responsibility for the removal and proper disposal of any remaining materials, debris, or personal property after closing. Access: If Tracts 4 & 5 are purchased separately, the buyer will be responsible for installing a new driveway. Webster County Secondary Roads Department has approved new driveways along Highway D54 / 330th Street. Survey: Tracts 4, 5 & 6 will be surveyed prior to the auction, and their boundaries will be staked before the Auction. If Tracts 1 & 2 sell separately, the west boundary line between them will be marked. 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 is 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 per-acre basis. 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.