Auction Information

Tama Co IA 115.75 Acres In 1 Tract

Tue Aug 25 - 10:00AM


414 2nd St, Traer, IA Click to Map


Ranch & Farm Auctions, LLC

Auctioneer ID#: 50234

Phone: 2179220811

License: Multiple

 

About This Auction

Live and Online at Ranchandfarmauctions.com

Auction Date: 08/25/26       Auction Time: 10:00 AM CT

Auction Held At: Traer Memorial Building, 414 2nd St, Traer, IA 50675

 

Entire Farm Description:

Ranch & Farm Auctions, a division of Whitetail Properties Real Estate, is pleased to offer for sale a 115.75± acre farm located in a very strong agricultural community in northeast Tama County, Iowa. The property is situated 1.5 miles northeast of Traer in Section 2 of Perry Township.

 

The farm consists of 116.42± FSA cropland acres carrying an average CSR2 of 90.36. Primary soil types include Tama Silty Clay Loam, Sawmill Silty Clay Loam, Muscatine Silty Clay Loam, and Judson Silty Clay Loam. Direct road frontage with access to the farm is available off QQ Ave with a grain elevator only 2 miles away. The farm is rented through the 2026 growing season but will be free and clear with full possession starting March 1, 2027.

 

The property will be offered via public auction at 10:00 AM on Tuesday, August 25, at the Traer Memorial Building in Traer, Iowa. Online bidding will also be available through RanchAndFarmAuctions.com. This is a well-kept farm in a productive and desirable agricultural region of central Iowa. Producers and farmland investors are encouraged to attend the auction for an opportunity to invest in this high-quality Iowa farmland.

 

Deeded Acres:  115.75±

FSA Farmland Acres:  116.42±

Soil Types:  Tama Silty Clay Loam, Sawmill Silty Clay Loam, Muscatine Silty Clay Loam, Judson Silty Clay Loam

Soil PI/NCCPI/CSR2:  90.36 CSR2

CRP Acres/Payment: NA

Taxes:  $5,751 in 2025

Lease Status:  Rented for 2026 but open tenancy for the 2027 crop year

Possession:  March 1, 2027

Survey Needed?:  No survey needed

Brief Legal:  115.75± acres located pt S ½ NE ¼ and N ½ NW SE N ½ NE SE S2 T85N R14W Tama Co Iowa

PIDs:  07.02.200.007, 07.02.200.005, 07.02.400.001, 07.02.400.005

Lat/Lon:  42.204/-92.441

Zip Code: 50675

 

Sellers’ Attorneys: 

Brandon Buck

PO Box 249, 120 E High St

Toledo, IA 52342

641.484.2320

bbuck@marshalltownlaw.com

 

Dave Mason Jr

415 Clay St, PO Box 627

Cedar Falls, IA 50613

319.277.6830

masonjr@cflaw.com

 

Terms of Sale

Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

Onsite bidders should bring a government-issued ID

10% down payment immediately after auction - cash, personal, or business checks accepted

If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

High bidder has 30 days to close unless otherwise noted

Announcements on auction day will take precedence over any prior announcements

This is a no contingency sale and is not subject to financing or additional inspections

Possession at closing, subject to tenant’s rights, if any

If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

SALE DAY NOTES INFO:

BUYERS PREMIUM: No buyer's premiums or internet fees

TAXES: Prorated to date of close

TENANCY: Open tenancy for 2027

RENTS: Seller to retain 2026 rents

MINERALS: Seller-owned rights will convey

CLOSING COSTS: Seller pays for abstract continuation/creation, transfer documents, transfer tax, 1/2 closing fee/ Buyer pays for title opinion, transfer document recording fees, 1/2 closing fee

 

Licensing

Ranch & Farm Auctions is a licensed trade name of Whitetail Properties Real Estate LLC

Richard F Baugh, Iowa Broker License # B57515100

Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332      

Ben Harshyne, Iowa Land Specialist for Whitetail Properties Real Estate, LLC, 319.853.1162

Mitch Dellamuth, Iowa Land Specialist for Whitetail Properties Real Estate, LLC, 319.432.3420

Cody Lowderman, IA Auctioneer, B64012000 

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