Land for Sale - 401 N. Clark Street, Winfield, IA 52640 - 128.0 acres

Mae June Jennings Estate, Royal Jennings Trust & John Scieszinski

401 N. Clark Street, Winfield, IA | Lat/Lng:  41.1884, -91.3680

Auction
128 ac.
03/06/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

Virtual Live Auction! Sale Date: Tuesday, March 31, 2026 Sale Time: 10:00 AM CDT Seller: Mae June Jennings Estate, Royal Jennings Trust & John Scieszinski 128± Acres • 4 Tracts Auctioneers Note: Farmers, investors and sportsmen, make plans to participate in this virtual live Louisa County, Iowa land auction! Tract 1 represents an excellent opportunity to purchase highly productive Iowa farmland with a CSR2 of 88.4. Tract 2 offers endless opportunities for recreational use or potential home site. Tracts 3 & 4 offer secluded timber and Tract 5 is a house in Winfield, IA on a corner lot. This farm sells with full farming rights for the 2026 season. Tract 5 Auctioneer's Note: Make plans now to participate in this upcoming Henry County, IA Real Estate Auction. This property will include a 3-bedroom, 2 bath home on a spacious corner lot located in Winfield, IA. This house can be move in ready or be the canvas for your dream home with endless opportunities. This property will be selling as Tract 5 in conjunction with the Jennings land auction. This is an auction you won’t want to miss! OPEN HOUSE ON TRACT 5 | 401 N. Clark Street | Winfield, IA Wed., March 25 | 9:00 AM – 3:00 PM Representing Attorney: Ashley Leyda Walkup Lynch Law Office 207 S. Washington Street Bloomfield, IA 52537 (641) 664-3188 Auction Representative: John Probasco (641) 856-7355 TRACT INFORMATION Tract 1 • 79 Acres -Taintor, Mahaska silty clay loam and Givin silt loam soils -CSR2 88.4 -Currently in row crop production -Access is on the North by 90th St. and on the East by T Ave. Tract 2 • 39 Acres -Clinton silt loam, Lindley loam and Clinton silt loam soils -CSR2 49.4 -This tract has wooded hills and draws with all of wildlife that Southern Iowa has to offer -Access is on the South by 90th St. Tract 3 • 5 Acres -This tract is fully covered in timber -Access via public ground through Cairo Woods Wildlife Area Tract 4 • 5 Acres -This tract is fully covered in timber -Access via public ground through Cairo Woods Wildlife Area Tract 5 • House and Corner Lot -3 bedroom, 2 bath house on corner lot -Physical Address: 401 N Clark St., Winfield, IA 52659 -Constructed in 1950 -Lot Area 0.59 Acres -2,056 sq. ft. house -Full basement -Spacious living room with fireplace -Dining room / living room -Connected one car garage -Concrete patio / carport area -12 ft. x 16 ft. garden shed -Access on the east by Clark St and on the south by W Hagler St. METHOD AND TERMS All 4 tracts will be sold on a price per acre basis, based on deeded acres & will be sold through the marketing method of “Buyers Choice,” whereas the high bidder can elect any or all tracts for their high bid. If the high bidder does not elect all tracts, then the remaining tracts will be offered in the same manner until all are sold. Tract 5 will then be sold for a “lump sum” total dollar amount. The tracts will NOT be offered in their entirety at the conclusion of the auction. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. Ten (10%) percent of the bid price to be due on the day of the sale with the balance due in approximately 45 days, upon delivery of a merchantable abstract and deed. At the conclusion of the auction, the successful bidder(s) shall enter into a written agreement with the seller. Signing of said agreement will be executed via email, in person or DocuSign. The real estate taxes will be prorated to the date of closing. Possession will be given at the time of closing. The tillable and pasture on all tracts sells free & clear for the 2026 farming season. Full possession will be given at the time of closing. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its “as is” condition and there are no expressed or implied warranties pertaining to the real estate. All announcements sale day shall take precedence over any prior advertising either written or oral.

Details

CountyLouisa
Zipcode52640
Property Type OneFarms
Property Type TwoRecreational Property
Property Type ThreeResidential Property
BrokerageMerit Auctions
Brokerage Linkmeritauctions.com
Merit Auctions
Merit Auctions
(319) 405-0031
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