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137± Acres for Sale at Auction | Buchanan County, Iowa Farmland

Upcoming Auction
Buchanan County, IA
137.00 Acres M/L

220th Street & Carter Avenue
Jesup, IA 50648

Price Click to Bid Online
Listing #19116
Travis Smock

Senior Land Agent

Travis Smock

Mobile: 319.361.8089
Travis.Smock@PeoplesCompany.com

Property Info

Description

Peoples Company is pleased to present 137 acres m/l located just east of Jesup, Iowa, in Buchanan County. This property will be offered as a single tract via public auction at 10:00 AM on March 6th, 2026, at the Jesup City Hall Community Room

The farm consists of 125.74 tillable acres carrying a CSR2 of 71.5. This productive row crop land is situated in a prime location just outside Jesup, Iowa, along Old Highway 20 (220th Street). The entire farm is determined to be NHEL (Non-Highly Erodable Land) and does not contain a wetland. A majority of the farm has been tiled with mains added and updated as needed.  The cropland is leased for 2026, and 100% of the rent payments will be paid to the new owner.

In addition to farming income, there is potential to continue to subdivide the property into building lots. The convenient location just off Highway 20 and near the town of Jesup is attractive for both new home construction and farming. The property is located in Section 33 of Perry Township, Buchanan County, Iowa, with road frontage along 220th Street and Carter Avenue as well as the Chicago, Central & Pacific Railroad.

Legal Description

The Southwest 1/4 of Section 33, Township 89 North, Range 10 West of the 5th P.M. in Buchanan County, Iowa, EXCEPT beginning at the Southwest corner of said Southwest 1/4 of Section 33, thence North 506.0 feet, thence East 1545.0 feet, thence South 506.0 feet, thence West 1545.0 feet to the point of beginning, AND EXCEPT Commencing at the Southwest corner of said Quarter, thence South 88°47'09" East along the South like of said Quarter 1545.00 feet to the point of beginning; thence North 00°00'00" East parallel to the West line of said Quarter 506.00 feet; thence South 88°47'09 East parallel to the South line of said Quarter 12.00 feet; thence South 01°12'51" West 505.89 feet to the South line of said Quarter; thence North 88°47'09" West along said South line 1.28 feet to the point of beginning. Exact legal description to be taken from Abstract.

Directions

From Jesup Main Street: Travel east out of town on 220th Street. Drive for 1.5 miles. The farm will be on the north side of the road. Additional road frontage can be found along the east side of Carter Avenue.
  • Sign On Property: Yes
  • Parcel Number: 0533300001, 0533300002, 0533300003, 0533300009
  • School District: Jesup Community School District
  • General Area: East of Jesup
  • Net Taxes: $4,824.00
  • CSR2: 71.5
  • Zoning: Ag


Interactive Map

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Auction Details & Terms

Auction Location Map

Buchanan County Land Auction
137 Acres M/L
Friday, March 6th, 2026, at 10:00 AM

Auction Location:
Jesup City Hall Community Room
791 6th Street
Jesup, Iowa 50681 
 
Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number to bid at the auction.

Auction Method: The farmland will be sold as one individual tract on a price-per-acre basis to the High Bidder. 
 
Online Bidding:  Register to bid at http://peoplescompany.bidwrangler.com/. Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide a slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.

Farm Program Information: Farm Program Information is provided by the Buchanan County Farm Service Agencies. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc., are subject to change when the farm is reconstituted by the Buchanan County FSA and NRCS offices.

Seller's Attorney(s): Seth Schroeder | Heronimus, Schmidt & Schroeder 

Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of cash or check. All funds will be held in the  Heronimus, Schmidt & Schroeder Trust Account.

Closing: Closing will occur on or before April 10, 2026. Closing will be facilitated by the Heronimus, Schmidt & Schroeder Law Firm. The balance of the purchase price will be payable at closing in the form of a guaranteed check or wire transfer.

Possession: Possession of the farm will be given At Closing, Subject to the Tenant's Rights.

Farm Lease: The farm is leased for the 2026 row crop season. The Buyer will receive 100% of the rent for this year. Contact the Listing Agent for details.

Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per-acre basis. Peoples Company and its representatives are agents of the Seller. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made on auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.

Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. The buyer should perform his/her investigation of the property before bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the Abstract. 

Photos

Listing Photo: SE Aerial Outline Listing Photo: NW Aerial Outline Listing Photo: 5_Buchanan Co Farmland Available Listing Photo: 6_Buchanan Co Land Available Listing Photo: 8_Buchanan County Land For Sale Listing Photo: 9_Buchanan Co Land For Sale Listing Photo: 10_Jesup Iowa Farmland Available Listing Photo: 11_Jesup IA Land Available Listing Photo: 12_Jesup Land For Sale Listing Photo: 13_Jesup Land Auction Listing Photo: 14_Jesup Farmland Auction Listing Photo: 15_Jesup Iowa Farmland Auction Listing Photo: 16_Eastern Iowa Land For Sale Listing Photo: 17_Eastern Iowa Land Auction Listing Photo: 19_Peoples Company Buchanan County Listing Photo: 20_Peoples Company Buchanan County Auction Listing Photo: Pruisner Farm Auction Google Outline Map Listing Photo: Jesup Independence Iowa Farm Auction Regional Map