Tract 1 of 2
| Date | March 25, 2026, 1:00 pm (America/Chicago) |
|---|---|
| Tracts | 1 of 2 |
| Type | Live with online bidding |
| Tract Status | Active |
| Auction Location | Lagos Country Club, 2010 Keokuk Washington Road, Keota, IA 52248 |
Tract 1 of 2
Description
Tract 1 - 158.09± acres:
The 158.09± acres Tract 1 has approximately 140 crop land acres with an average CSR2 of 56.8. Olmitz-Zook-Vesser, Gara-Armstrong and Otley silty clay loam are the predominant soils. Access is from Highway 22. This farm has medium slope terrain with natural drainage into waterways. A creek spans east and west through the tract, and there is a small pond on the southern end. This will make an attractive addition to any local producer’s operation. It would also be an attractive investment for the vacant landowner with a cash rent agreement, which should attract strong competition to farm due to its location and paved road frontage. The farm is selling free-and-clear for the 2026 crop year, but if a buyer wanted to cash rent it this year, there would be a number of producers interested in leasing the farm. Possession will be given at closing.
Tract #: Tract 1
Deeded Acres: 158.09± acres
Soil Types: Olmitz-Zook-Vesser, Gara-Armstrong and Otley silty clay loam
Soil PI/NCCPI/CSR2: 56.8 CSR2
CRP Acres/Payment: NO CRP
Taxes: $3,884
Lease Status: Open Tenancy for 2026 crop year
Possession: Immediate possession at closing
Survey Needed?: No survey needed
Brief Legal: 158.09± acres pt of SE ¼ S21 T77N R10W Keokuk Co IA
PIDs: LBTFE-046000, LBTFE-046200, LBTFE-046100, LBTFE-046300
Lat/Lon: 41.45915, -92.0066
Zip Code: 52248
Terms of Sale
BUYERS PREMIUM: None
TAXES: Prorated to date of close
TENANCY: Open tenancy for 2026
RENTS: Buyer to receive 2026 rents/Open tenancy for 2026
MINERALS: Seller-owned rights will convey
CLOSING COSTS: Seller is responsible for the abstract, deed package preparation, revenue stamp tax, real estate commission, and half of the closing fee. The buyer is responsible for the title opinion, the transfer document recording, and half of the closing fee.
CLOSING DATE: On or before 30 days from seller acceptance
DOWN PAYMENT: 10%
POSSESSION DATE: Buyer to have possession at closing
SURVEY: None needed
SELLER: Morgan and Nick Davies
SALE ORDER: By the acre
SALE METHOD: Sells subject to seller acceptance
Licensing
Ranch & Farm Auctions is a licensed trade name of Whitetail Properties Real Estate LLC
Richard F Baugh, Iowa Broker License # B57515100
Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332
Ben Harshyne, Iowa Land Specialist for Whitetail Properties Real Estate, LLC, 319.853.1162
Cody Lowderman, IA Auctioneer, B64012000
