Auction Information
LEE COUNTY, IA LAND AUCTION - MENKE
Thursday, January 8, 2026 - 10:00 AM Central
Auction to be conducted as a live, online auction. If you need assistance with internet bidding, please contact our office at
(844) 847-2161
LOCATION
Lee County, Iowa
The Menke Farm is generally located 3 1/2 miles northeast of Fort Madison, Iowa. From Fort Madison, Iowa take Business #61 northeast 3 miles to Highway #61, then proceed 1 mile to the farm. The farm is further described as being located in Section 19, Green Bay Township, Lee County, Iowa.
SELLER
Steven J. Menke Trust
MANAGED BY
Jeff Hoyer (319) 759-4320
GENERAL INFORMATION
75 acres (subject to survey) 1 tract
The Menke Farm has it all income, scenery, and opportunity! Featuring quality tillable acres, strong CRP returns, and incredible views of Green Bay Bottoms, this property is a rare find. Whether you farm, hunt, or dream of building in the country, you wont want to ...
The Menke Farm has it all income, scenery, and opportunity! Featuring quality tillable acres, strong CRP returns, and incredible views of Green Bay Bottoms, this property is a rare find. Whether you farm, hunt, or dream of building in the country, you wont want to miss this early January auction!
TRACT INFORMATION
FSA office indicates 57.99 total cropland acres, of which 7.94 acres are currently being row cropped.
The balance of the cropland acres are enrolled in CRP under several different contracts as follows:
16.57 acres - $242.05/acre - $4,011.00 - CP38E-2 - 2037
10.47 acres - $251.65/acre - $2,635.00 - CP38E-2 - 2037
3.84 acres - $300.00/acre - $1,152.00 - CP21 - 2037
6.95 acres - $253.82/acre - $1,764.00 - CP21 - 2036
2.22 acres - $203.00/acre $451.00 CP42 2035
10.00 acres - $283.43/acre - $2,834.00 - CP9 2032
CSR2 is 67.0 (tillable acres only).
Productive soil types include: Landes, Cantril & Colo.
The balance of the farm is mature timber.
Access is off of US Hwy. #61 in the southwest corner.
Access to the CRP area is down the face of the bluff via a newly constructed driveway.
Note: Contract #4 will require mid contract management in 2026.
METHOD & TERMS
The Menke farm will be sold in one (1) individual tract on a price per acre basis, based upon a survey currently in progress. Surveyed acres will be used to constitute the final settlement price. Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or about February 23, 2026 upon delivery of a merchantable abstract and deed. Possession will be given at the time of closing. Real estate taxes will be prorated to the date of closing. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold AS IS.
Steven J. Menke Trust
Representing Attorney:
Alyssa Stewart | Anderson, Roberts, Porth, Wallace, Stewart & Werner LLP
524 N Main St, Burlington, IA 52601 | (319) 754-7585
Auction Manager: Jeff Hoyer (319) 759-4320
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Research Parcel InformationDirections
The Menke Farm is generally located 3 1/2 miles northeast of Fort Madison, Iowa. From Fort Madison, Iowa take Business #61 northeast 3 miles to Highway #61, then proceed 1 mile to the farm. The farm is further described as being located in Section 19, Green Bay Township, Lee County, Iowa.