Wednesday, August 27, 2025 - 10:00 am
American Legion Post 162, 212 West Robins Avenue, Graettinger, Iowa
Palo Alto County Land Auction
Offered in 3 Tracts
Tract 1 - 40 acres m/l Section 33 Walnut Township
Legal Description: NW1/4 NW1/4 Section 33-97-33, Palo Alto County, Iowa
Description: A great looking, all tillable, nearly level farm with 36.08 crop acres in one field. A district tile crosses the farm. A district tile improvement project has been proposed and is pending. The farm is bordered by Highway 4 on the west and 320th Street on the north.
Soils: Nicollet, Clarion, Webster, Canisteo CSR2 88.1
RE Taxes: $1264 annually
Tract 2 - 72.1 acres m/l Section 32 Walnut Township
Legal Description: E1/2 NE1/4 Section 32-97-33, Palo Alto County, Iowa, except 2 tracts
Description: An attractive, all tillable, nearly level farm with 70.1 crop acres (est) in one field. Hwy 4 borders the east side of the farm.
Soils: Clarion, Nicollet, Webster, Rolfe CSR2 86.6
RE Taxes: $2402 annually (est)
Tract 3 - 75.6 acres m/l Section 29 Walnut Township
Legal Description: S1/2 SE1/4 Section 29-97-33, Palo Alto County, Iowa, except 2 tracts
Description: A good looking, all tillable farm with 72.9 (est) crop acres in one field, including 30.92 acres of CRP on the west side. The farm is bordered by 320th Street on the north and Hwy 4 on the east.
Soils: Nicollet, Clarion, Clarion-Estherville, Rolfe, Webster, Canisteo CSR2 73.5
RE Taxes: $2084 annually
Method of Sale: Successful bidder will have the choice of the three tracts or a combination of the tracts. The auction will continue until all tracts are sold.
Terms: 10 percent down sale day, balance due at close November 12, 2025. Real Estate taxes will be prorated to January 1, 2026. The Sellers will keep the rent for this crop season. The buyer of Tract 3 will receive 100% of the October 2026 CRP payment and all future payments. All three tracts are subject to a Wind Lease Agreement. Contact The ACRE Co. for details.
Possession: At close, subject to a cash lease for the 2025 crop season. The farm is available for the 2026 crop season.