Auction Information
Online Bidding Site38.23 Acres, m/l, Wapello Co., Ottumwa, IA
The Hopkins Family Farm Auction consisting of 138.0 surveyed acres will still be taking place on Friday, March 20th. However, bidding for this auction will take place through Online or Phone Bidding ONLY. There will be a group of licensed Peoples Company agents at the Ottumwa Golf and Country Club to work with Bidders and help facilitate placing a bid. Please contact Matt Adams at 515.423.9235 or by email with any questions about the auction or how to bid on this property.
Peoples Company is pleased to be representing the Robert D. & Janet L. Hopkins Living Trust in the sale of their Wapello County farmland. The property consists of a total of 138.0 acres m/l and will be sold as two individual tracts via Public Auction. The auction will take place at the Ottumwa Golf and Social Club in Ottumwa, Iowa at 10:00 AM, Friday, March 20, 2020. Something for everyone including high quality til...
Peoples Company is pleased to be representing the Robert D. & Janet L. Hopkins Living Trust in the sale of their Wapello County farmland. The property consists of a total of 138.0 acres m/l and will be sold as two individual tracts via Public Auction. The auction will take place at the Ottumwa Golf and Social Club in Ottumwa, Iowa at 10:00 AM, Friday, March 20, 2020. Something for everyone including high quality tillable farmland, pasture with a good water source and newer fences, and potential building sites located on hard surface road just north the city limits of Ottumwa, Iowa and in Sections 1 and 2 of Center E Township. Mark your calendars to be with us on March 20th!
Tract 1 consists of 38.23 surveyed acres with approximately 35.7 FSA tillable acres and a CSR2 rating of 78.6. This affordable farm would make for a great investor purchase or add-on for a current farming operation. Improvements include extensive drainage tile and water intakes installed. Additionally, paved road frontage and rural water availability would offer potential for an acreage site. There is a 2 water line located on the east side of Sycamore Road. The farmland is leased for the 2020 farm year with two payments being made on April 1st and November 1st. Buyer will receive the first cash rent payment at closing and will assume the current farm lease to receive the second half of the payment. Contact agent for farm lease details. Farm is located just outside of the Ottumwa City Limits in Section 1 of Center E Township. *Previously, access for this farm has been through the driveway by the electric substation owned by Alliant Energy. The Wapello County Engineers office has approved locations along Sycamore Road for possible driveways. Contact listing agent for additional information on the access.
Notes: No building or structures shall be erected or allowed to be erected on the 100 foot strip of land adjacent to and between the above described lands last herein above excepted and the right of way of the Railroad without first procuring written consent of Alliant Energy.
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Research Parcel InformationDirections
From US Highway 163 (Exit 42): Travel south (right) on 145th Ave for 0.4 miles until reaching 138th Street. Turn left (east) on 138th Street for 0.5 miles and turn right (south) onto Sycamore Road and travel south for approximately 1.7 miles. Tract 1 will be located on the east side and Tract 2 will be located on the west side of Sycamore Road marked with a Peoples Company sign.