Property summary
This 87.46-acre (m/l) Hancock County, Iowa farm is being offered at public auction on Friday, November 22nd, 2024, at 10:00 AM at the Klemme Public Library. The property, offered as one tract, includes 84.28 FSA tillable acres boasting a CSR2 soil rating of 86.3 – significantly above the county average of 75. Prime soil types include Webster clay loam, Nicollet clay loam, and Clarion loam, all designated as Non-Highly Erodible Land (NHEL) and situated within Drainage District #5. Over 50,000… linear feet of drainage tile were installed in 2010, and there are no outstanding drainage assessments. The property features existing electric transmission infrastructure, including a 161 KV substation, presenting potential for future wind, solar, or economic development projects. Note that easements exist for an overhead electric transmission line and a pipeline. Conveniently located near US Highways 18 and 69, the farm offers easy access to grain marketing options. The farm lease has been terminated, making it available for the 2025 growing season. A 10% earnest money deposit is required on auction day, with closing scheduled for or before February 6th, 2025. The property is sold "as is," subject to all easements, covenants, leases, and restrictions of record. Online bidding is available. The sale is not contingent upon buyer financing. Potential buyers should conduct their own due diligence before bidding. Full legal descriptions will be available from the abstract.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
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Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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