VMA Land Auction

This is an excellent opportunity to secure a unique “Inside 100” farm! An “Inside 100” means that the farm only has a road on one short side, and it is a total of 100 acres in size (98.51± taxable acres). The east half of the farm even has rows that are ¾ of a mile long – making it very efficient to farm! This parcel consists of prime farmland in the heart of Iowa’s corn and soybean production area in north central Iowa just northeast of Lu Verne. Corn produced on this farmland can be hauled just a few short miles to the NEW Cooperative location in Lu Verne, or take the hard-surface road a few more miles in the other direction to the ethanol facility in Goldfield where it can be sold for a premium price. Other local grain delivery points and agricultural supply retailers are nearby to receive grain efficiently and provide quick access to agricultural equipment and crop supplies. Aerial imagery shows evidence of thousands of feet of drainage tile installed in the farm. Additional drainage capacity is available via the 38” tile main located just east of the farm in Hancock – Kossuth – Humboldt Joint Drainage District 93-131-100. The farm lease is open for 2025 so it can start to grow crops and income for the new owner in the very next growing season. It would make an excellent addition for an existing farming operation, or it would be a smart investment for a buyer to add to a diversified portfolio. This is a unique opportunity to purchase an efficient-to-farm “Inside 100” in the heart of Iowa’s corn and soybean growing area! Method of Sale: Live and online auction on Thursday, September 12th, 2024, at 3:00 PM at the Lu Verne Community Center, 8 Dewitt Street, Lu Verne, Iowa, 50560. For online bidding, follow the link at www.sundermanfarm.com... and REGISTER AND REQUEST TO BID AT LEAST 48 HOURS PRIOR TO THE START TIME. The farm will be sold as a single unit of 98.51 acres multiplied by the price per acre. All prospective bidders must register and receive a bidder number in order to bid at the auction.