REAL ESTATE AUCTION
298.41 ACRES M/L
SECTION 16 EAST BOYER TOWNSHIP, CRAWFORD CO., IA,
A. FAYE CLARK, MARITAL TRUST, OWNER
MONDAY, SEPTEMBER 21ST, 2026 @ 10:00am
SIMULCAST ONLINE BIDDING AVAILABLE DURING LIVE AUCTION
Please go to www.schabenre.com for details.
SALE LOCATION: Boulders Conference Center, 2507 Boulder Dr, Denison, IA

 

TRACT INFO:

298.41 ACRES M/L CSR2 64.5
LEGAL DESCRIPTION: For a copy of the legal description please contact Schaben Real Estate.
FARM LOCATION: From the intersection of US Highway 30 and Donna Reed
Road, go 1/4 mile South on Donna Reed Road, then 3 miles East on O ave.
Farm is on the North side of O Ave.
PHYSICAL DESCRIPTION: A rolling hill farm in a high state of productivity and
weed control.
Soil Types: Marshall silty clay loam, Judson-Ackmore-Colo overwash, Liston-
Burchard complex, Ida silt loam, Judson silty clay loam and a small amount
(1/3 acre) of Hawick gravely sandy loam.

FSA INFORMATION: Farm #: 9896 Tract# 5019
Farmland: 294.75 Acres
Cropland: 277.31 Acres CSR #2: 64.5
Corn Base Acres: 121.6 Acres Corn Yield: 147 Bu.
Soybean Base Acres: 19.8 Acres Soybean Yield: 63 Bu.
TAXABLE ACRES: 298.41
TAXES: $9756.00 OR $32.75 PER ACRE

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TERMS & CONDITIONS

TERMS: At the conclusion of the auction the buyer(s) will be asked to sign a Real Estate Contract putting 15 percent of the sale price in
escrow with Adam Ullrich Attorney. Balance of the funds will be due and payable on or before closing on November, 16th, 2026. Sellers
will furnish buyer(s) with abstract showing marketable title and deed. Taxes will be prorated to closing date and paid by sellers.
CLOSING DATE: On or before November 16th, 2026
POSSESSION: New buyers will have full landlords possession at time of closing and full farming rights for crop year 2027. Current
lease has been terminated.
ADDITIONAL CONDITIONS: Property is being sold “as is” subject to any current right-of-ways or easements. All information has
been gathered from sources deemed reliable, however neither A. Faye Clark Marital Trust nor Schaben Real Estate, LLC make any guarantees, either expressed or implied, as to their accuracy. It is the responsibility of the buyer(s) to exercise due diligence to verify any and all
figures. Any announcements made day of sale take precedence over printed material. All bidding increments are at the discretion of Schaben Real Estate, LLC. Successful bidder(s) will enter into a purchase agreement contract at the conclusion of the auction. Sale is not contingent on Buyer(s) financing.
AGENCY DISCLOSURE: Schaben Real Estate, LLC represents the Seller in this transaction. Adam Ullrich, Attorney for A. Faye Clark
Marital Trust. Jerry Lilleholm, Trustee.
SALE MANAGERS NOTES: It’s becoming increasingly difficult to find these larger tracts of high producing farmland. The Clark farm
checks that box along with having a good location near aggressive grain markets. Please take a look and call if you have any questions.
For more info contact Jim Schaben at 712-263-9449