Tract 4 of 5
| Date | February 12, 2026, 1:00 pm (America/Chicago) |
|---|---|
| Tracts | 1 of 5 |
| Type | Live with online bidding |
| Tract Status | Active |
| Auction Location | The Gathering Grounds, 2125 IA-5, Bussey, IA 50044 |
Tract 4 of 5
Description
Tract 4 - 89± acres
The 89± acres Tract 4 is the eastern portion of the Allen Family South Farm and lies directly east of Tract 3. This tract offers a straightforward CRP investment with consistent income and recreational potential. Over 75 acres are enrolled across two CRP contracts, generating just under $16,000 annually, with expirations in 2027 and 2034. Quail SAFE acres provide quality grassland cover, while timbered draws add structure and wildlife movement. This tract is well-suited for buyers focused on income, habitat, and long-term flexibility.
- Well-suited for two buyer profiles: an investor wanting long-term CRP and cash rent income with hunting upside, or a producer planning future conversion to pasture or row crop after 2027
- 75.1 ac± in CRP pays $15,874 annually
- CRP Contract 1: 63.4 ac± in Quail SAFE Program, paying $217.80/acre through 2027 for $13,808 annually, featuring native grasses, forbs, shrubs, and early successional habitat
- CRP Contract 2: 11.7 ac± in Continuous Buffer Strips, paying $176.63/acre through 2034 for $2,066 annually
- Access from the north along 325th St.
- CRP acres average 44.4 CSR2
- Prairie and timbered draws provide strong cover for upland birds and whitetail deer
- Turkey Run flows along the west edge of the property
- Excellent late-season whitetail setup with the addition of a grain food plot
- Several good archery stand locations
- Rural water, electricity, and fiber internet on the road
- Taxes were $1,604 in 2025
Terms of Sale
BUYERS PREMIUM: No Buyers' Premium or internet fees
TAXES: Prorated to date of close
TENANCY: Open tenancy for 2026
RENTS: 2026 Cash rent paid to buyer/CRP prorated to date of close
MINERALS: Seller-owned rights will convey
CLOSING COSTS: Seller is responsible for the survey, abstract, deed package preparation, revenue stamp tax, real estate commission, and half of the closing fee. 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, must transfer the CRP contracts within 60 days of closing.
SURVEY: Seller will have the 43-acre Tract 5 surveyed
SELLER: Rober and Verdadean Allen Estate
SALE ORDER: Tract 1 thru 4 by the acre, Tract 5 by the whole dollar
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
