Sheldon, IA 51201(Obrien County)

Auction of the property to be held at the Crossroads Pavilion parking lot in Sheldon, IA (301 34th Ave., Sheldon, IA)

Sale Date: November 20, 2025 10:30 A.M.

Auctioneers Note: We take great pride in presenting, on behalf of Wells Fargo Bank as trustee of the Brock & Brelsford Trusts, these excellent tracts of farmland at auction in OBrien County, IA! This auction is one of the premier farmland auctions of the year in OBrien County, IA! This land may have some of the highest CSR2 ratings of land available for purchase at auction in OBrien County, IA this year! It is rare to find the opportunity to purchase both smaller tracts of land or a full contiguous tract of farmland!

Abbreviated Legal Description of Tract 1: Parcel D in the E1/2 of Section 7, TWP 97N, Range 42W, OBrien County, IA AND Parcel D in the NE1/4 of Section 18, TWP 97N, Range 42W, OBrien County, IA. Subject to all easements and public roads of record.

General Description of Tract 1: According to the recent survey, this property contains 91.46+/- gross acres. According to FSA/survey, this farm contains approx. 88.23+/- tillable acres which includes approx. 3.16+/- acres of CRP which has an annual payment of approx. $707.00 with a contract expiring on 9-30-2029. This farm has base acres combined with the adjoining farmland and will undergo a reconstitution with FSA due to the recent survey and has a PLC yield of 176bu on corn and 48bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 91, B-Primghar, 310, B-Galva, 133-Colo, 77B-Sac, 733-Calco, 92-Marcus. The average CSR2 is 95.7. The average CSR1 is 76.5. This is a great opportunity to purchase a great tract of farmland in OBrien County, IA! This farm also has excellent soil ratings! If you are looking to purchase a farm for your operation or are looking for a fantastic tract of OBrien County, IA farmland to invest in, then be sure to check out this farm! Make plans to join us at this auction to purchase this OBrien County, Iowa farm!

Abbreviated Legal Description of Tract 2: Parcel C in the SE1/4 of Section 7, TWP 97N, Range 42W, OBrien County, IA AND Parcel C in the NE1/4 of Section 18, TWP 97N, Range 42W, OBrien County, IA. Subject to all easements and public roads of record.

General Description of Tract 2: According to the recent survey, this property contains 71.29+/- gross acres. According to FSA/survey, this farm contains approx. 65+/- tillable acres. This farm has base acres combined with the adjoining farmland and will undergo a reconstitution with FSA due to the recent survey and has a PLC yield of 176bu on corn and 48bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 91-Primghar, 92-Marcus, 310, B-Galva, 733-Calco. The average CSR2 is 95. The average CSR1 is 76.5. This is a high caliber farm! What an opportunity to purchase a high CSR farm in OBrien County, IA! Land for generations has proven to be a solid investment! Do not wait to buy land, buy land and wait! This is an auction you do not want to miss!

Abbreviated Legal Description of Tract 3: Parcel B in the E1/2 of Section 18, TWP 97N, Range 42W, OBrien County, IA. Subject to all easements and public roads of record.

General Description of Tract 3: According to the recent survey, this property contains 58.69+/- gross acres. According to FSA/survey, this farm contains approx. 56+/- tillable acres which includes approx. 1.97+/- acres of CRP which has an annual payment of $441.28 with a contract expiring on 9-30-2029. This farm has base acres combined with the adjoining farmland and will undergo a reconstitution with FSA due to the recent survey and has a PLC yield of 176bu on corn and 48bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 91-Primghar, 310, B-Galva, 92-Marcus, 133-Colo, 77C2-Sac. The average CSR2 is 94.4. The average CSR1 is 74.4. This is an outstanding opportunity to purchase a smaller tract of farmland in OBrien County, IA! This farm checks all the boxes when it comes to purchasing farmland including high soil ratings, long rows for farming and very few non tillable acres! If you are looking to purchase your first farm or adding to your operation or investment portfolio then be sure to make plans to purchase this tract of land!

Abbreviated Legal Description of Tract 4: Parcel A in the SE1/4 of Section 18, TWP 97N, Range 42W, OBrien County, IA. Subject to all easements and public roads of record.

General Description of Tract 4: According to the recent survey, this property contains 80.84+/- gross acres. According to FSA/survey, this farm contains approx. 75.89+/- tillable acres which includes approx. 1.82+/- acres of CRP which has an annual payment of $407.00 with a contract expiring on 9-30-2029. This farm has base acres combined with the adjoining farmland and will undergo a reconstitution with FSA due to the recent survey and has a PLC yield of 176bu on corn and 48bu on soybeans. This farm is classified as NHEL. The predominant soil types include: 91-Primghar, 92-Marcus, 310, B-Galva, 133-Colo, 311-Galva, 31-Afton, 310-Galva, 709B-Fairhaven. The average CSR2 is 94.4. The average CSR1 is 75.8. This a nice tract of OBrien County, IA farmland! Land buyers do not miss this auction! This auction offers the opportunity to purchase both smaller tracts of land or large contiguous tracts of high quality farmland!

Method of sale: Auction to be held at the site of Crossroads Pavilion parking lot in Sheldon, IA (301 34th Ave., Sheldon, IA). Tracts 1, 2, 3 & 4 will be offered for sale in the choice method. The top bidder of choice will have the option to select the tract of their choice or 2 of the tracts or 3 of the tracts or all of the tracts. Auction will continue in the choice method until all tracts are sold. Once a tract is sold in a round it will not be available for purchase again. No combination of tracts will be offered with the exception of the option to purchase multiple tracts in the rounds of choice. Final bid shall be times the gross surveyed acres for each tract. After all of the tracts in OBrien County, IA have been sold then the parcel in Lynn TWP, Sioux County, IA (Tract 5) will be sold.

Taxes: The current Real Estate Taxes according to the OBrien County Treasurer are approx. $3,658.00 per year on Tract 1, approx. $2,875.00 per year on Tract 2, approx. $2,360.00 per year on Tract 3 and approx. $3,238.00 per year on Tract 4. Seller will pay the 2025 taxes which are due and payable in March and Sept of 2026. Taxes are estimated and will be reassessed due to the sale of the property and the recent survey.

Possession: Buyer will receive possession of the farms on March 1, 2026. These farms are available to farm for the 2026 crop year!

CRP Information: Buyers of tracts with CRP will be required to assume the current CRP contracts and abide by all terms of the CRP contracts. Seller shall retain the full 10-1-25 CRP payment and buyers shall receive the full 10-1-2026 CRP payment and all future payments. CRP acres in each tract are estimated and will be finalized by FSA once their reconstitution of the farm has been completed due to the recent survey of the farms.

Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day which will be on or before January 13, 2026. Buyer shall receive a clear and merchantable title to the property on closing day. These farms are being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. All buyers are encouraged to do buyers due diligence. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to IA statutes. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. If buyer delays closing, penalties may apply. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.

Helen B. Brelsford Trust & Joseph S. Brock Trust, Wells Fargo Bank As TrusteeOwner