Midwest Land Management is pleased to offer two outstanding tracts of Clay County farmland at a LIVE & ONLINE LAND AUCTION at the Clay Regional Events Center in Spencer, Iowa!
Opportunities to purchase quality farmland this close to Spencer, Iowa are difficult to find. Tract 1 consists of 40 acres m/l located just 2 miles north of the Highway 18 & 71 junction and 1/4 mile west on 300th Street, while Tract 2 consists of 52 acres m/l with excellent visibility and access directly along Highway 71, approximately 2.5 miles north of the Highway 18 & 71 junction.
Both tracts feature high-quality Clay County soils, with Tract 1 carrying an impressive 88.2 CSR2 average and Tract 2 an 88.9 CSR2 average. Their combination of productive farmland, manageable tract sizes, and outstanding location near Spencer makes these properties attractive to local farm operators, investors, first-time land buyers, and those looking to expand their existing land holdings.
An additional advantage is that both farms will be offered with an OPEN LEASE for the 2027 crop season, giving the new owners flexibility for the upcoming year.
The successful bidder will have a choice of tracts, providing buyers the opportunity to purchase the tract that best fits their operation or investment goals.
Mark your calendar and plan to join us at the Clay Regional Events Center in Spencer, Iowa, or bid online. Don’t miss this opportunity to purchase one or both of these highly productive, exceptionally located Clay County farms!
Tract 1 is located 2 miles north of the Highway 18 & 71 junction in Spencer, Iowa and 1/4 mile west on 300th Street.
Tract 2 is located on Highway 71, 2.5 miles north of the Highway 18 & 71 junction in Spencer, Iowa.
Tract 1 (40 Acres m/l) – Parcel B located in the East Half (E½) of Section Thirteen (13), Township Ninety-seven (97) North, Range Thirty-seven (37) West of the 5th P.M., Clay County, Iowa.
Tract 2 (52 Acres m/l) – The West Half of the Northwest Quarter (W½ NW¼) of Section Eighteen (18), Township Ninety-seven (97) North, Range Thirty-six (36) West of the 5th P.M., Clay County, Iowa except for a parcel in the Northwest Corner of the Northwest Quarter.
Tract 1 Cropland Acres: 39.65
Corn Base: 16.40 acres / PLC Yield: 170
Soybean Base: 22.63 acres / PLC Yield: 43
Tract 2 Cropland Acres: 52.38 including 4.20 acres of CRP
Corn Base: 26.30 / PLC Yield: 123
Soybean Base: 21.88 / PLC Yield: 37
Tract 2 CRP Contract 1: 1.50 Acres
Annual CRP Payment: $272 ($181/acre)
Contract Expiration Date: 9/30/2035
Tract 2 CRP Contract 2: 2.70 Acres
Annual CRP Payment: $548 ($203/acre)
Contract Expiration Date: 9/30/2034
Tract 1 Avg. CSR2: 88.2
Tract 1 Avg. CSR1: 72.3
Tract 2 Avg. CSR2: 88.9
Tract 2 Avg. CSR1: 69.8
Tract 1: Wilmonton, Calco, Everly, Rushmore
Tract 2: Everly, Wilmonton, Letri
Tract 1: $1,392
Tract 2: $1,870
Successful bidder will have choice of tracts.
10% down day of sale. Balance due at closing on or before December 18, 2026. On Tract 1, sellers will be crediting buyer $1,500 at closing for the installation of a new driveway. Real estate taxes to be prorated to December 31, 2026. Farm to be sold with an open lease for 2027 crop season. All final bids are subject to seller approval.
For more information, contact:
