LEE COUNTY, IOWA LAND AUCTION THURSDAY, JANUARY 8, 2026 AT 10:00 AM CT LIVE ONLINE 75 ACRES± (SUBJECT TO SURVEY) • SELLING IN 1 TRACT
AUCTION MANAGER:
STEVEN J. MENKE TRUST
Representing Attorney: Alyssa Stewart | Anderson, Roberts, Porth, Wallace, Stewart & Werner LLP 524 N Main St, Burlington, IA 52601 | (319) 754-7585
JEFF HOYER (319) 759-4320
SCAN FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING!
WWW.SULLIVANAUCTIONEERS.COM (844) 847-2161 | LICENSE #444000566
LOCATION & GENERAL INFORMATION
The Menke Farm is generally located 3 1/2 miles northeast of Fort Madison, Iowa. From Fort Madison, Iowa take Business #61 northeast 3 miles to Highway #61, then proceed 1 mile to the farm. The farm is further described as being located in Section 19, Green Bay Township, Lee County, Iowa. The Menke Farm has it all — income, scenery, and opportunity! Featuring quality tillable acres, strong CRP returns, and incredible views of Green Bay Bottoms, this property is a rare find. Whether you farm, hunt, or dream of building in the country, you won’t want to miss this early January auction!
AUCTION TO BE CONDUCTED AS A LIVE, ONLINE AUCTION. IF YOU NEED ASSISTANCE WITH BIDDING, PLEASE CONTACT OUR OFFICE AT (844) 847 - 2161
75 Acres± (subject to survey) • 1 Tract • FSA office indicates 57.99 total cropland acres, of which 7.94 acres are currently being row cropped. • The balance of the cropland acres are enrolled in CRP under several different contracts as follows: Acres Rate Annual Payment Practice Expires 1. 16.57 acres $242.05/acre $4,011.00 CP38E-2 2037 2. 10.47 acres $251.65/acre $2,635.00 CP38E-2 2037 3. 3.84 acres $300.00/acre $1,152.00 CP21 2037 4. 6.95 acres $253.82/acre $1,764.00 CP21 2036 5. 2.22 acres $203.00/acre $451.00 CP42 2035 6. 10.00 acres $283.43/acre $2,834.00 CP9 2032 • CSR2 is 67.0 (tillable acres only). • Productive soil types include: Landes, Cantril & Colo. • The balance of the farm is mature timber. • Access is off of US Hwy. #61 in the southwest corner. • Access to the CRP area is down the face of the bluff via a newly constructed driveway. • Note: Contract #4 will require mid contract management in 2026. TRACT INFORMATION
METHOD & TERMS
The Menke farm will be sold in one (1) individual tract on a price per acre basis, based upon a survey currently in progress. Surveyed acres will be used to constitute the final settlement price. Immediately following the auction, the successful buyer 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 which will take place on or about February 23, 2026 upon delivery of a merchantable abstract and deed. Possession will be given at the time of closing. Real estate taxes will be prorated to the date of closing. 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”.
ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
75 ACRES± (SUBJECT TO SURVEY)
LIVE ONLINE | LEE COUNTY, IOWA LAND AUCTION THURSDAY, JANUARY 8, 2026 AT 10:00 AM CT
SELLING IN 1 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS | (844) 847-2161 | LICENSE #444000566 STEVEN J. MENKE TRUST
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