Walnut, IA 51577(Pottawattamie County)

Iowa Land Company is honored to represent the Diane Sievers and Patricia Lehnhardt Farmland Estate in Pottawattamie County, Iowa located 1.5 miles northwest of Walnut, Iowa. The farm will be offered at public auction on October 26th, 2021 at the Walnut, Iowa Community Center at 12pm. The farm will sell as 2 tracts on the day of sale. This is a great opportunity for local farmers to expand their current farming operation and gives farmland investors the ability to buy well taken care of farmland acres with additional windmill income! Tract 1 will be offered as 122.72 +/- acres, with 117.61 +/- acres considered cropland acres, which are currently in row crop production. This tract consists of gently rolling farmland with great natural water drainage. The CSR2 average is 71.2 which is above the county average. Wind turbine income is $9,055.25 annually. The turbine income increases at a 2% rate annually until 2062.

Tract 2 consists of 4.28 +/- acres, tract 2 will be sold subject to the gross surveyed acres. Tract 2 offers an older farm house and buildings. The home structure seems to be in good shape. This would make a great project acreage for someone that desires country living, with close proximity Interstate 80 access and only 45 minutes from the Omaha Metro. Tract 2 will be sold, As Is Where Is Basis and the new buyer will be responsible for updating the septic system to county code. There will be an open house for tract 2 on October 16th from 10:00AM to 1:00PM. A well easement on tract 1 will be conveyed from the sellers to the new buyer on tract 2. The farm is currently leased for the 2021 growing season; full possession will be March 1st, 2022. The lease for 2022 has been terminated and is open for 2022 growing season.

Tract 1 122.72 +/- Acres

117.61 +/- Cropland / CRP Acres

71.2 CSR2

Wind turbine income is $9,055.25 annually. The turbine income increases at a 2% rate annually until 2062.

PLC Yield

113 Corn

54 Soybeans

Taxes $3,540 est.

Tract 2 4.28 +/- Acres

There will be an open house for tract 2 on October 16th from 10:00AM to 1:00PM.

Acreage site / Strong standing farmhouse

Buildings

Close Proximity to Interest 80

40 Minutes from Omaha Metro

A Time of Transfer Inspection Agreement / Binding Acknowledgement of future Installation will be required to be signed by the new buyer for the septic system.

Taxes $ 1152 est.

Auction Date: October 26th, 2021

Auction Time: 12:00 PM

Auction Location: Walnut, Iowa Community Center

Auction Address: 415 Antique City Dr. Walnut, Iowa 51577

Sale Method: The farm will be sold as 2 tracts at live public auction with online bidding and phone bidding opportunities.

Farm Lease: Farm has an open lease for 2022. Full possession March 1st, 2022