Iowa Farmland Auction – Union County

Sep 27, 2019 | Land Auctions, Online Land Auctions

Jason Smith

Jason Smith

Auctioneer, Land Broker, Appraiser

Jason is a farm real esate processional in Iowa licensed as a broker and auctioneer.  The Iowa Farmland Prices Report is an aggregation of farmland sales across the entire state of Iowa.  DreamDirt has offices in Mason City, Des Moines, Onawa and Storm Lake.

Email: | Phone: (515) 537-6633

37 +/- Acres Tillable Farmland Auction

DreamDirt is hosting the Cody and Karen Shay Farmland Auction. This property, 37 +/- acres of tillable farmland, will be sold via DreamDirt’s online platform, BidCapture.

Timed Online Land Auctions

This type of auction uses ascending bidding against a descending clock, or countdown. During this auction, no audio or video is broadcast and the closing is controlled by the computer countdown clock. While most auctions have a starting time, this auction ONLY has a closing time. Timed Online Land Auctions were pioneered by DreamDirt across the Midwest and are possibly the biggest advancement in auctions today. We at DreamDirt feel that Online Auctions provide five key things:

  • They directly connect bidders to the auction
  • Help mitigate social pressures
  • Ease bidder friction
  • Reduced Fees and Commissions
  • Speed and Urgency

Every aspect of our Online Land Auctions is exactly the same as a traditional, live in-person auction. The online auction provides some unique advertising benefits, but other than that , everything except how we take bids is the same. Want to learn more? Click here to request your free ebook “Online Land Auctions: A Guide to Advanced and Effective Auctions”

The Property

The Cody and Karen Shay Farmland Auction consists of 37 +/- acres located southwest of Creston, IA.

Cody and Karen Shay Union County Farmland Auction Dre

More specifically, the property is located approximately 2 miles off pavement, with rural water to the farm. The farm currently has 6.75 acres enrolled in CRP that expires in 2020.

Knowing your farm’s Corn Suitability Rating index (CSR2) provides you with valuable insight into its productivity. CSR2 is a tool used in setting cash rental rates and computing a farm’s sale value. The farm has a CSR2 rating of 70.4 and currently planted to corn.

The winning buyer will have landlord possession at time of closing which will be on, or before, November 4, 2019. The farm will be open for the 2020 season in terms of farm lease. 5% Earnest money will be due upon signing of purchase agreement.

Taxes: $584.00 Annual


To view the complete listing, click here!

Questions? Ask The Auctioneers!

Tom Bradley, CAI | Land Broker & Auctioneer
Work: (855) 376-3478
Cell: (515) 202-7687


Jason Smith, CAI | Broker & Auctioneer
Work: (855) 376-3478
Cell: (515) 537-6633

Request a Free Valuation for Your Farm or Land Property

Whether you’re ready to start the selling process, or even remotely curious, we will gladly provide you with a FREE Market Analysis! If you are in a position to sell land in the Midwest, we want to help you achieve the top of the market on your sale.

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