Auction Information
Online Bidding Site78 Acres in Jamaica, IA
Guthrie County, Iowa Land Auction Mark your calendar for Thursday, March 31st, 2022 at 10:00 AM! Peoples Company is honored to represent the beneficiaries of the Margaret Jeanne McDermott 2009 Revocable Trust in the sale of 183.65 total acres m/l of prime Guthrie County, Iowa farmland carrying CSR2 soils ratings in the high 80's to low 90's!
Tract 2 consists of 78 acres m/l with 76.40 FSA cropland acres and a CSR2 value of 89.8 including top-producing soil types of Nicollet loam and Webster clay loam. Currently, 64.40 acres are being farmed carrying a CSR2 soil rating of 90.1 with an additional 11.20 acres, located in the southeast corner of the farm, enrolled in the Conservation Reserve Program (CRP) until 2026. The CRP practice is CP-27/28 (Farmable Wetlands Program) and has an annual payment of $4,542 ($405.51/acre).
Additionally, there is a 40' x 60' steel utility building, built ...
Additionally, there is a 40' x 60' steel utility building, built in 1982, located on the west side of the tract. The farmland tract is leased for the 2022 cropping season and the Buyer will assume the current farm lease and receive a credit for the first half of the 2022 cash rent payment ($7,979.31) at closing. This farmland tract is located within the north half of the Southwest Quarter in Section 10 of Richland Township, Guthrie County, Iowa.
There are a total of four tracts offered via Public Auction and will take place at 10:00 AM at the Jamaica Community Center, NW Corner of Main Street, and Van Nest Street, Jamaica, Iowa 50128. The farmland tracts will be sold as four individual tracts using the "Buyers Choice" auction method on a price per acre basis, and the high bidder can take, in any order, one or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all four tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety at the conclusion of the auction. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available.
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Research Parcel InformationDirections
From Jamaica, Iowa: Travel west out of town on 110th Street/P26 for approximately 1.50 miles and turn left (south) onto Victory Avenue. Continue south for approximately 0.50 miles, the farm will be located along the east side of the road. Look for the Peoples Company sign.