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DES MOINES COUNTY, IOWA LAND AUCTION MONDAY, NOVEMBER 2, 2026 AT 10:00 AM CT
125.70 ACRES± (SUBJECT TO SURVEY) • SELLING IN 2 TRACTS
The Wegman Farms are located in Section 30, Yellow Spring Township and Section 33, Franklin Township, Des Moines County, IA. Tract 1 is located 1½ miles east of Mediapolis, IA on Co. Rd. H38 (Mediapolis Rd.). To access Tract 2 go south of Mediapolis, IA 6 miles on U.S. Hwy. 61 to 160th St., turn right or west and proceed a ½ mile to Iowa City Rd. Turn left or south and go a ½ mile to 155th St., turn right or west and proceed 1½ miles to the farm. (Be watching for presale directional signs) Tract 1 offers highly productive Mahaska & Taintor soils, boosts a CSR2 of 85.7 and is nearly 100% tillable. Tract 2 features productive Snider, Cantril & Coppock soils and boosts a CSR2 of 75.2. Whether you are an investor or a farmer looking to add high quality farms to your portfolio, this is an auction that you will not want to miss! LOCATION & GENERAL INFORMATION
TRACT INFORMATION
Tract 2 - 60.55 Deeded Acres± • FSA information indicates 50.64 acres of tillable cropland, including 45.22 acres in row crop production. The balance of the tillable acres, 5.42 acres is in CRP (CP1) with a payment of $217.59 per acre expiring in 2032. The remainder of the tract is in waterways • Productive Snider, Cantril & Coppock soils. • CSR2 is 75.2. • Tract is improved with a 3,000-bu. grain bin. • Access is on the north by 155th St. and on the west by 145th Ave. • Estimated Real Estate Taxes: $2,343.00
Tract 1 - 65.15 Taxable Acres± • FSA information should indicate approximately 65.28 acres of tillable cropland, currently in row crop production. • Highly productive Hedrick, Mahaska & Taintor soils. • CSR2 is 85.7 • Access is on the east by Pegtown Rd. • Estimated Real Estate Taxes: $3,125.00
METHOD & TERMS
The Wegman Family Trust Farm will be sold in 2 tracts on the taxable and deeded acres. Both tracts will be sold on a price per acre basis and will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect either or both tracts, for their high bid. Immediately following the auction, the successful buyer(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing in approximately 30 days on or about December 2, 2026 upon delivery of a merchantable abstract and deed. The Real Estate Taxes will be prorated to the date of closing. Possession will be given at closing subject to a leases with the tenants. Farms sells with full farming rights for the 2027 crop year. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold “AS IS”.
WEGMAN FAMILY JOINT LIVING TRUST
Representing Attorney: Alyssa Stewart Anderson, Roberts, Porth, Wallace, Stewart & Werner LLP 524 N Main St, Burlington, IA 52601 | (319) 754-7585
WWW.SULLIVANAUCTIONEERS.COM (844) 847-2161 | LICENSE #444000566
JIM HUFF (319) 931-9292 AUCTION MANAGER:
KEVIN HAAS (309) 264-7767 AUCTION MANAGER:
ERIC IFFT (309) 825-3730 AUCTION MANAGER:
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
125.70 ACRES± (SUBJECT TO SURVEY) SELLING IN 2 TRACTS
LIVE ONLINE | DES MOINES COUNTY, IOWA LAND AUCTION MONDAY, NOVEMBER 2, 2026 AT 10:00 AM CT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS | (844) 847-2161 | LICENSE #444000566 WEGMAN FAMILY JOINT LIVING TRUST
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