Online Auction! 197.58 Acres, Warren County, IA

Thanks for your interest in our Warren County Iowa offering. Please register to bid online AND schedule with the office if you plan to attend the home and improvements showing on the opening day of bidding September 18, at 11:00 am. The bids will close on September 25, but may be extended if last minute bidding occurs.

Tract 1 North 40 Acres: If you want the best of the best to own and farm, look no further! This South River Bottomland is highly tillable and has hard surface road frontage. If you like to hunt, there are two “Honey Holes” for the wildlife on the south end. Estimated 32 acres of FSA Cropland is available for the ‘25 farming season.

Tract 2 House & 38.79 Acres: This lovely home sits on 38.79 acres, and has a full 3 car garage, lots of back deck space and a great view of the surrounding wooded area and crop fields. Built new in 2011 and has been measured by the owner at 3,554 Sq ft it offers a full finished walk out basement, and a high efficiency HVAC System and propane water heater. And no deferred maintenance!!! With 22 acres of timber, and just enough room for food plots, this is truly a sportsman's paradise! 1000 gallon Propane Tank is owned and stays with the property.

Tract 3 118.79 Acres: This tract has 2 nice ponds, and approximately 35 Acres of timber. A new machine shed with dimensions of 42 ft wide by 48 ft long w 16 ft walls, it is insulated, and has metal sheeting on the interior walls and ceiling. A water hydrant is located on the east wall and both Doors are 12 wide by 14 ft high with openers. It has a Bathroom with a holding tank, 200 amp service, Industrial ceiling fans, and a Floor drain with cast grate. There is also a 180' x 80' horse riding arena with a sand base and steel continuous fencing all welded together (Pictures coming soon). There are several other smaller sheds and outbuildings. Estimated 80 FSA tillable acres of cropland is available for the ‘25 farming season.

Online Auction through September 25, 2024

Opening Bid:
Tract 1: $8,000.00/taxable acre or $320,000.00 total (Ends @ 11:00am)
Tract 2: $600,000.00 total (Ends @ 12:00pm)
Tract 3: $5,050.93/taxable acre or $600,000.00 total (Ends @ 1:00pm)


Agent:
Rick Barnes
(660) 851-1152 or Rickey@barnesrealty.com

  • Photos:
    See printable brochures
  • Location:
    3 miles west and 2 miles south of Indianola, IA on 85th Ave.
  • Rental Status:
    Currently rented for 2024 crop year (100 tillable acres)
  • Annual Income:
    Row Crop: 100 Acres x $200.00/Acre = $20,000.00
    Well setup for hunting lease income
  • Divide Options:
    See printable brochures for additional information for each tract

Terms: 10% down auction day. Property will be sold/purchased as is, non-contingent on Buyer financing, to the highest bidder, subject to Seller’s confirmation. Announcement made on day of sale take precedence. Closing will occur on/before October 25, 2024. 2024 taxes will be prorated as to the date of closing or delivery of the deed. Property sells subject to any right-of-way or easements of record. Mineral rights owned by Seller remain with the land. Closing costs will be divided equally between Buyer and Seller. A loan policy, if any, paid by Buyer. Barnes Realty is agent for the Seller.

Reminder, successful bidder must provide 10% of successful bid to Barnes Realty within 24 hours.  
Barnes Realty requires that anyone planning to bid must first register by clicking the button below.
(Bidders will receive a confirmation email with instructions for submitting a bid)
Bidding closes on Wednesday, September 25, 2024
Bidding will extend 2 minutes if a bid is placed within 5 minutes of the end time.
**Be sure and "refresh" page for updates**

Terms and Conditions when registering:
I hereby promise and agree that I am of sound mind, that I am legally competent to purchase/lease real estate, that I am above the age of 18 and, in the event I shall be the successful bidder, I agree to the following terms and conditions:
*1. I have the funds available in the form of cash/check or through financing from a lender for the total amount of the winning bid should I be the winning bidder and have/will provide a letter of pre-approval/sufficient funds from my lender/bank to landon@barnesrealty.com prior to the day of the auction.
*2. I agree to sign & return a Sales Contract and will provide 10% of the successful bid (my winning bid) in the form of wire transfer, bank cashier's check or other form of acceptable payment to Barnes Realty within 24 hours of the auction ending.
*3. I confirm that I have inspected the property personally and have decreed that it is suitable for my intended use.
*4. Prior to auction date, Bidder may schedule/prearrange to bid in person at our office location day of auction.
*5. Seller has the right to refuse any bids.
*6. I understand Barnes Realty is agent for the seller.