521.5 acres in Lee County, Iowa

Virtual Live Auction! Sale Date: Tuesday, September 16, 2025 Sale Time: 10:00 AM CDT Seller: Charlotte Loges Estate 521.5 Acres (Subject to Survey) 7 Tracts Merit Auctions is proud to represent this outstanding Lee County Iowa Farm. Roger Loges was well known for his care taking of his land and equipment. Just 7 miles west of Donnellson, Iowa the Loges Farm offers tremendous opportunities. This is well managed farm and sells with full farming rights for the 2026 season. This farm offers it all including productive tillable farmland, highly improved pastureland and desirable recreational acreage. Please join us for the open house and equipment inspection Monday September 8th from 9 AM 2PM. An additional open house will be held Saturday September 13th from 9AM to 12PM. To schedule a private showing please call Kaycee McGregor 319-670-8532 We look forward to your participation in this outstanding land auction that features a farm that has been in the Loges Family for nearly 150 years! Representing Attorney: Fehseke & Gray Law Office 1023 Ave G Fort Madison, IA 52627 (319) 372-7181 Auction Representative: Kaycee McGregor (319) 670-8532 TRACT INFORMATION Tract 1 104 Acres (Subject to Survey) Lindley, Weller, Keswick soils CSR2 is 38.2 acre Pond Currently in Hay production Access is on the North by Primrose Rd. Tract 2- 100 Acres (Subject to Survey) Edina, Belinda, Weller soils CSR2 56 Currently in Row Crop production 2436 ft. Barn Access is on the North by Primrose Rd. Tract 3- 105.5 Acres (Subject to Survey) Weller, Lindley, Keswick soils CSR2 38.5 (42.2 on tillable) Currently in Hay Production The balance of the tract is in wooded draws offering attractive hunting opportunities. Borders public hunting Shimek State Forest Small pond Access is on the North and will be deeded from 210th. St. Tract 4- 87 Acres (Subject to Survey) Weller, Belinda Ashgrove soils CSR2 40.5 Currently in row crop production Access is on the North from 210th St. Tract 5- 60 Acres (Subject to Survey) Weller, Belinda, Ashgrove soils CSR2 42.5 Currently in Row crop production Access is on the North from 210th St. Tract 6- 40 Acres (Subject to Survey) Lindley, Weller, Pershing soils CSR2 37.8 Currently in Cattle Pasture Access is on the East from 129th Ave. Tract 7- House and building on 30 Acres (Subject to Survey) Address: 2048 129th Ave, Donnellson, IA Several machinery storage buildings, livestock buildings and livestock holding areas Rathbun Rual Water Access on the West from 129th Ave. METHOD The Loges farm will be sold in 7 individual tracts based on a survey that is currently in progress. Tracts 1-6 will be sold on a price per acre basis through the marketing method of Buyers Choice, whereas the high bidder has the privilege to take any or all 6 tracts for their high bid. Buyers Choice auctioning will continue until Tracts 1-6 have been sold. Tract 7 will be sold next for a lump sum dollar amount. The tracts will NOT be offered in its entirety or in any combinations. Bidding is NOT contingent upon financing, an appraisal or inspection. TERMS 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 subject to a 2025 crop lease on the tillable acres. 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 for Tract 7. Subject to the Iowa Septic System Law the septic systems on Tract 7 is exempt from any testing and upgrades. Any future septic system testing, and upgrades will be at the buyer(s) expense. 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.