Adams County Iowa Cash Rent Auction
Previous Page Listing ID#: 1675956

Property Location
217.46 acres Cropland Sec 33 Douglas Township, Adams Co IA
Adams
Corning, IA 50841
Auction Location
217.46 acres cropland
Corning, IA 50841
Auction Dates and Times
Bidding Starts: Monday Dec 2, 10:30 AM
Bidding Ends: Friday Dec 6, 10:30 AM
Auction Type
 Online Auction  VIEW ONLINE CATALOG
Company Information
Spencer Auction Company

Website: www.spencergroups.com

GoToAuction.com ID#: 4859
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Listing Terms and Conditions
This is a cash rent auction for the cropland lease for the 2025 crop year. Final bid will be subject to the landlords approval. Farm will be rented to the highest bidder on a price per acre basis (217.46 cropland acres) times the final bid. Bidder shall register for bidding and submit a letter from their bank verifying their creditworthiness to Spencer Groups office by contacting 712-644-2151. Upon bid approval, high bidder will sign a cash rent lease and pay a 20% non-refundable deposit directly to the landlord. Buyer will be required to pay the balance of the cash rent directly to the Landlord on March 1st, 2025. Successful bidder will sign a cash rent lease agreeing to proper husbandry and weed control. No hunting rights will be given with this lease. New tenant will be required to submit certification maps and yields to the landlord after the 2025 harvest season. Phelps Land Holdings LLC - Owner Spencer Groups, INC, Farms America, INC and Ed Spencer Real Estate - its agents and its associates - are agents for, and represent Phelps Land Holdings, LLC in this transaction. All bidders will be considered customers, not clients.
File Attachments
FLYER
Listing Information

Cash Rent Auction 

2025 Crop Year

217.46 Cropland Acres -Section 33 Douglas Township, Adams County, Iowa

Directions to the Farm -From Corning Iowa, west on Highway 34 approximately 7 miles, then North on Chestnut Ave approx. 3/4 mile. Farm is located on the West side of Chestnut Ave.

Brief Legal:  The NE 1/4 and the N 1/2 SE 1/4 Section 33, Township 72 (Douglas), Range 35, Adams County, Iowa.

Farm# 115 Tract #170

217.46 cropland acres per FSA

CSR2 - 56 per Surety.  

Soil Types: Sharpsburg-Nira silty clay, Lamoni-Shelby Complex, Zook-Ely Gullied land complex, Shelby Adair, Shelby Loam and Adair clay loam.

This is a cash rent auction for the cropland lease for the 2025 crop year.  

Final bid will be subject to the landlords approval.

Farm will be rented to the highest bidder on a price per acre basis (217.46 cropland acres) times the final bid.

Bidder shall register for bidding and submit a letter from their bank verifying their creditworthiness to Spencer Groups office by contacting 712-644-2151.  Upon bid approval, high bidder will sign a cash rent lease and pay a 20% non-refundable deposit directly to the landlord.  Buyer will be required to pay the balance of the cash rent directly to the Landlord on March 1st, 2025.

Successful bidder will sign a cash rent lease agreeing to proper husbandry and weed control. No hunting rights will be given with this lease.  New tenant will be required to submit certification maps and yields to the landlord after the 2025 harvest season.

Phelps Land Holdings LLC - Owner

Spencer Groups, INC, Farms America, INC and Ed Spencer Real Estate - its agents and its associates - are agents for, and represent Phelps Land Holdings, LLC in this transaction.  All bidders will be considered customers, not clients.

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Adams County Iowa Cash Rent Auction

Spencer Auction Company

Spencer Auction Company


Contact:
Phone:
Sale Location
217.46 acres cropland
Corning, IA 50841
Sale Dates and Times
Sale Terms and Conditions
This is a cash rent auction for the cropland lease for the 2025 crop year. Final bid will be subject to the landlords approval. Farm will be rented to the highest bidder on a price per acre basis (217.46 cropland acres) times the final bid. Bidder shall register for bidding and submit a letter from their bank verifying their creditworthiness to Spencer Groups office by contacting 712-644-2151. Upon bid approval, high bidder will sign a cash rent lease and pay a 20% non-refundable deposit directly to the landlord. Buyer will be required to pay the balance of the cash rent directly to the Landlord on March 1st, 2025. Successful bidder will sign a cash rent lease agreeing to proper husbandry and weed control. No hunting rights will be given with this lease. New tenant will be required to submit certification maps and yields to the landlord after the 2025 harvest season. Phelps Land Holdings LLC - Owner Spencer Groups, INC, Farms America, INC and Ed Spencer Real Estate - its agents and its associates - are agents for, and represent Phelps Land Holdings, LLC in this transaction. All bidders will be considered customers, not clients.
Listing Details

Cash Rent Auction 

2025 Crop Year

217.46 Cropland Acres -Section 33 Douglas Township, Adams County, Iowa

Directions to the Farm -From Corning Iowa, west on Highway 34 approximately 7 miles, then North on Chestnut Ave approx. 3/4 mile. Farm is located on the West side of Chestnut Ave.

Brief Legal:  The NE 1/4 and the N 1/2 SE 1/4 Section 33, Township 72 (Douglas), Range 35, Adams County, Iowa.

Farm# 115 Tract #170

217.46 cropland acres per FSA

CSR2 - 56 per Surety.  

Soil Types: Sharpsburg-Nira silty clay, Lamoni-Shelby Complex, Zook-Ely Gullied land complex, Shelby Adair, Shelby Loam and Adair clay loam.

This is a cash rent auction for the cropland lease for the 2025 crop year.  

Final bid will be subject to the landlords approval.

Farm will be rented to the highest bidder on a price per acre basis (217.46 cropland acres) times the final bid.

Bidder shall register for bidding and submit a letter from their bank verifying their creditworthiness to Spencer Groups office by contacting 712-644-2151.  Upon bid approval, high bidder will sign a cash rent lease and pay a 20% non-refundable deposit directly to the landlord.  Buyer will be required to pay the balance of the cash rent directly to the Landlord on March 1st, 2025.

Successful bidder will sign a cash rent lease agreeing to proper husbandry and weed control. No hunting rights will be given with this lease.  New tenant will be required to submit certification maps and yields to the landlord after the 2025 harvest season.

Phelps Land Holdings LLC - Owner

Spencer Groups, INC, Farms America, INC and Ed Spencer Real Estate - its agents and its associates - are agents for, and represent Phelps Land Holdings, LLC in this transaction.  All bidders will be considered customers, not clients.

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Adams County Iowa Cash Rent Auction
 Online Only Auction
Auction Date(s)
Bidding Starts: Monday Dec 2 , 10:30 AM
Bidding Ends: Friday Dec 6 , 10:30 AM
Property Location
217.46 acres Cropland Sec 33 Douglas Township, Adams Co IA
Adams
Corning, IA 50841

Auction Location
217.46 acres cropland
Corning, IA 50841
Company
Spencer Auction Company

Website: www.spencergroups.com

Listing Terms and Conditions
This is a cash rent auction for the cropland lease for the 2025 crop year. Final bid will be subject to the landlords approval. Farm will be rented to the highest bidder on a price per acre basis (217.46 cropland acres) times the final bid. Bidder shall register for bidding and submit a letter from their bank verifying their creditworthiness to Spencer Groups office by contacting 712-644-2151. Upon bid approval, high bidder will sign a cash rent lease and pay a 20% non-refundable deposit directly to the landlord. Buyer will be required to pay the balance of the cash rent directly to the Landlord on March 1st, 2025. Successful bidder will sign a cash rent lease agreeing to proper husbandry and weed control. No hunting rights will be given with this lease. New tenant will be required to submit certification maps and yields to the landlord after the 2025 harvest season. Phelps Land Holdings LLC - Owner Spencer Groups, INC, Farms America, INC and Ed Spencer Real Estate - its agents and its associates - are agents for, and represent Phelps Land Holdings, LLC in this transaction. All bidders will be considered customers, not clients.
File Attachments

Cash Rent Auction 

2025 Crop Year

217.46 Cropland Acres -Section 33 Douglas Township, Adams County, Iowa

Directions to the Farm -From Corning Iowa, west on Highway 34 approximately 7 miles, then North on Chestnut Ave approx. 3/4 mile. Farm is located on the West side of Chestnut Ave.

Brief Legal:  The NE 1/4 and the N 1/2 SE 1/4 Section 33, Township 72 (Douglas), Range 35, Adams County, Iowa.

Farm# 115 Tract #170

217.46 cropland acres per FSA

CSR2 - 56 per Surety.  

Soil Types: Sharpsburg-Nira silty clay, Lamoni-Shelby Complex, Zook-Ely Gullied land complex, Shelby Adair, Shelby Loam and Adair clay loam.

This is a cash rent auction for the cropland lease for the 2025 crop year.  

Final bid will be subject to the landlords approval.

Farm will be rented to the highest bidder on a price per acre basis (217.46 cropland acres) times the final bid.

Bidder shall register for bidding and submit a letter from their bank verifying their creditworthiness to Spencer Groups office by contacting 712-644-2151.  Upon bid approval, high bidder will sign a cash rent lease and pay a 20% non-refundable deposit directly to the landlord.  Buyer will be required to pay the balance of the cash rent directly to the Landlord on March 1st, 2025.

Successful bidder will sign a cash rent lease agreeing to proper husbandry and weed control. No hunting rights will be given with this lease.  New tenant will be required to submit certification maps and yields to the landlord after the 2025 harvest season.

Phelps Land Holdings LLC - Owner

Spencer Groups, INC, Farms America, INC and Ed Spencer Real Estate - its agents and its associates - are agents for, and represent Phelps Land Holdings, LLC in this transaction.  All bidders will be considered customers, not clients.