Upcoming Auction

Keokuk County, IA
395.50 Acres M/L

19980 173rd Avenue
Sigourney, IA 52591

Price	Click to Bid Online
Listing	#18562

Land Agent & Auctioneer

Riley Sieren

Office: 515.222.1347
Mobile: 319.591.0111
Riley@PeoplesCompany.com

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Property Info

Description

Peoples Company is proud to represent the Herman Family in the sale of 395.50 acres m/l of high-quality farmland located just west of Sigourney in Keokuk County, Iowa.

This Public Auction will be offered in six separate tracts using the choice auction method, providing bidders the flexibility to purchase individual parcels or assemble a larger land portfolio. The auction will take place at the ISU Extension Office in Sigourney, Iowa, and will begin at 10:00 AM on Thursday, November 6th. Live and online bidding will be available. The farms are located in Sections 19, 20, and 29 of Van Buren Township, Keokuk County, IA a strong agricultural area known for productive soils and long-term ownership.

These farms are part of a true legacy, having been in the Herman Family for over 100 years and recognized as a Century Farm by the Iowa Department of Agriculture. Decades of care, stewardship, and investment have gone into building the quality of these farms and now, for the first time in over a century, they are being offered to the public. This is a rare opportunity to acquire one or more tracts of proven Iowa farmland in a tightly held area. Don’t miss your chance to continue the legacy.

Farm Lease: Notice of Termination of the lease has been sent to the Tenants. The current lease will terminate on March 1, 2026 and will be open for the 2026 cropping season.

Tract 1: 78 Acres m/l containing 76.87 FSA Cropland acres m/l carrying a CSR2 of 82.

Tract 2: 79.25 Acres m/l containing 78.40 FSA Cropland acres m/l carrying a CSR2 of 89.3.

Tract 3: 40 Acres m/l containing 29.90 FSA Cropland acres m/l carrying a CSR2 of 43.6.
Tract 4: 80 Acres m/l containing 57.53 FSA Cropland Acres m/l carrying a CSR2 of 55.1.
Tract 5: 40 Acres m/l containing 38.92 FSA Cropland Acres m/l carrying a CSR2 of 83.7
Tract 6: 78.25 Acres m/l containing 66.15 FSA Cropland Acres m/l carrying a CSR2 of 62.

The farm will be sold using the “Buyer's Choice” auction method where the high bidder can take, in any order, any or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all six tracts have been purchased. Tracts will not be offered in their entirety at the conclusion of the auction.

Legal Description

395 Acres M/L located in Sections 19, 20, 29, 30 of Van Buren Township Keokuk County, IA. Exact legal description to be taken from Abstract.

Directions

From Sigourney, IA travel west on IA Highway 92 for approximately 2.5 miles. Turn north onto 180th Avenue and travel for 1 mile. Turn left onto 210th Street and Look for signs.

Sign On Property: Yes
Parcel Number: VBTOS-039800, VBTOS-039900, VBTOS-040400, VBTOS-040500, VBTOS-039300, VBTOS-039100, VBTOS-039200, VBTOS-039400, VBTOS-039600, VBTOS-039700,
School District: Sigourney CSD
General Area: Sigourney, IA
Net Taxes: $11,676.00
Water: Rural & Well
Zoning: Agriculture

Interactive Map

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Video

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Tracts

Tract 1 - 195th Street, Sigourney, IA 52591

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Description

Tract 1 includes 78 acres m/l, with approximately 76.87 FSA cropland acres and an impressive CSR2 rating of 82, representing a strong, nearly all-tillable row crop farm in a highly sought-after area.

Primary soil types consist of Mahaska and Otley silty clay loams, both known for their productivity and crop performance. The farm features natural drainage to the south, with some existing tile lines in place. While no tile maps are currently on record, the drainage appears to be functional and well-supported.

Located just west of Sigourney, Iowa, in Section 19 of Van Buren Township, Keokuk County, this tract offers both strong income potential and long-term investment value.

Legal Description

78 Acres M/L located in Section 19 of Van Buren Township, Keokuk County, IA. Exact legal description to be taken from Abstract.

Details

Acres: 78.00 Acres M/L
Parcel Number: VBTOS-039800, VBTOS-039900
Net Taxes: $2,688.00
CSR2: 82

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Tract 2 - 173rd Avenue, Sigourney, IA 52591

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Description

Tract 2 includes 79.25 acres m/l, with approximately 78.40 FSA cropland acres carrying an impressive CSR2 rating of 89.3, making it one of the highest average CSR2-rated farms in all of Keokuk County.

Primary soil types include Mahaska and Taintor silty clay loams, known for their excellent productivity and drainage characteristics.

Located just west of Sigourney, Iowa, in Section 29 of Van Buren Township, this tract offers a rare opportunity to own premium, investment-grade farmland in a tightly held area.

Farms of this caliber and magnitude rarely come to the open market. Don’t miss your chance to invest in one of Iowa’s most productive agricultural regions.

Legal Description

79.25 Acres M/L located in Section 29 of Van Buren Township, Keokuk County, IA. Exact legal description to be taken from Abstract.

Details

Acres: 79.25 Acres M/L
Parcel Number: VBTOS-040400, VBTOS-040500
Net Taxes: $2,986.00
CSR2: 89.3

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Tract 3 - 173rd Avenue & 195th Street, Sigourney, IA 52591

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Description

Tract 3 offers 40 acres m/l, including approximately 29.90 FSA cropland acres with a CSR2 rating of 43.6. The primary soil type on this tract is Ladoga silty clay loam.

In addition to the income-producing acres, the southeast portion of the farm provides a unique opportunity for recreational use, with cover and habitat ideal for whitetail deer or small game hunting.

Located just west of Sigourney, Iowa, in Section 20 of Van Buren Township, Keokuk County, this property presents a balanced mix of agricultural utility and outdoor potential perfect for an operator or buyer looking for diversity.

Legal Description

40 Acres M/L located in Section 20 of Van Buren Township, Keokuk County, IA. Exact legal description to be taken from Abstract.

Details

Acres: 40.00 Acres M/L
Parcel Number: VBTOS-039300
Net Taxes: $726.00
CSR2: 43.6

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Tract 4 - 173rd Avenue, Sigourney, IA 52591

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Description

Tract 4 offers 80 acres m/l, including approximately 57.53 FSA cropland acres carrying a CSR2 rating of 55.1. The balance of the property includes 11.88 acres m/l of pasture, conveniently located along the gravel road, making it a versatile farm with both income-producing and livestock potential.

The acreage site features a well-maintained 54’ x 98’ Morton machine shed (built in 1984) and a matching 50’ x 75’ Morton livestock building equipped with fencing and an automatic waterer ready for livestock use.

A stocked pond sits in the middle of the property, offering excellent recreational value with bass and bluegill fishing. Primary soil types include Ladoga and Clinton silty clay loams, supporting solid crop production.

Located just west of Sigourney, Iowa, in Section 20 of Van Buren Township, Keokuk County, this is a truly well-rounded farm offering a combination of tillable acres, pasture, usable improvements, and recreation.

Legal Description

80 Acres M/L located in Section 20 of Van Buren Township, Keokuk County, IA. Exact legal description to be taken from Abstract.

Details

Acres: 80.00 Acres M/L
Parcel Number: VBTOS-039100, VBTOS-039200
Net Taxes: $1,958.00
CSR2: 55.1

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Tract 5 - 173rd Avenue, Sigourney, IA 52591

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Description

Tract 5 includes 40 acres m/l, with approximately 38.92 FSA cropland acres carrying an impressive CSR2 rating of 83.7, making it one of the more productive tracts in this offering.

The primary soil types consist of Givin and Ladoga silt loams, known for their strong yield potential and consistent performance.

Located just west of Sigourney, Iowa, in Section 29 of Van Buren Township, Keokuk County, this nearly all-tillable farm represents an excellent opportunity for operators.

Legal Description

40 Acres M/L located in Section 29 of Van Buren Township, Keokuk County, IA. Exact legal description to be taken from Abstract.

Details

Acres: 40.00 Acres M/L
Parcel Number: VBTOS-039400
Net Taxes: $1,428.00
CSR2: 83.7

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Tract 6 - 210th Street & 180th Avenue, Sigourney, IA 52591

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Description

Tract 6 consists of 78.25 acres m/l, including approximately 66.15 FSA cropland acres with a CSR2 rating of 62.0. The primary soil type is Ladoga silty clay loam, supporting solid productivity across the tract.

This farm is located just west of Sigourney, Iowa, in Section 29 of Van Buren Township, Keokuk County, IA, in a desirable area known for its agricultural strength and tightly held farmland.

With a high percentage of tillable acres and long-term farming potential, this tract presents a great opportunity.

Legal Description

78.25 Acres M/L located in Section 29 of Van Buren Township, Keokuk County, IA. Exact legal description to be taken fromAbstract.

Details

Acres: 78.25 Acres M/L
Parcel Number: VBTOS-039600, VBTOS-039700
Net Taxes: $1,890.00
CSR2: 62

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Auction Details & Terms

Auction Location Map

Keokuk County Land Auction
395.50 Acres M/L (Offered in Six Tracts)
Thursday, November 6th, 2025 at 10:00 AM

Seller: MPTC Farms LLC - Herman Family

Representing Attorney: Grant Taylor - Victor Law Office.

Auction Location:
ISU Extension Office
400 220th Ave
Sigourney, IA 52591

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number to bid at the auction.

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.

Auction Method: The Six farmland tracts will be sold on a per-acre basis and offered through the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take one, two, or any combination of tracts for their high bid. The "Buyer's Choice Auction Method" auctioning will continue until all farmland tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety after the auction. This auction can also be viewed through a Virtual Online Auction option with online bidding available.

Farm Program Information: Farm Program Information is provided by the Keokuk 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 Keokuk County FSA and NRCS offices.

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 or check or wire transfer. All funds will be held in the Peoples Company Trust Account.

Closing: Closing will occur on or before Friday, December 12th, 2025. 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 Tenant's Rights.

Farm Lease: The farm lease has been terminated and will be open for the 2026 cropping season.

Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract. The Seller will provide a current abstract at their expense. The sale is not contingent upon Buyer financing.

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.