ADAM RIES, MICHAEL RIES AND
SUSAN SAGER-OWNERS

REAL ESTATE AUCTION

306.672 ACRES

PART OF SECTION 22 UNION TOWNSHIP, CRAWFORD CO., IA,
WEDNESDAY, DECEMBER 3rd, 2025 @ 9:00am
SIMULCAST ONLINE BIDDING AVAILABLE DURING LIVE AUCTION Please go to www.schabenre.com for details.

SALE LOCATION: Dow City Community Building, 106 Franklin St, Dow City, Iowa

​

TRACT INFO:

306.672 ACRES CSR2 51.8*
*CSR2: 51.8 on approximately 198 tillable acres.

FARM LOCATION: This tract lies 1 1/4 miles south of Dow City on 193rd Street. The farm has 1 mile of frontage on the east side of 193rd St.
PHYSICAL DESCRIPTION: A rolling hill farm that has 1 more year of CRP payments and then it will be available to farm. Several opportunities to capture more tillable acres with the clearing of trees.
Soil Types: Napier, Monona, Dow and Ida Silt Loam along with smaller portions of Liston-Burchard complex and Napier-Gullied land complex
FSA INFORMATION: Farm #: 1681 Tract# 5220
Cropland: 215.72 Acres CSR #2: 51.8 Corn Base Acres: 150 Acres Corn Yield: 174 Bu. Soybean Base Acres: 49.8Acres Soybean Yield: 44 Bu.
CRP PAYMENT: $308.95 per acre x 207.83 acres = $64209.00 payable Sep-tember, 2026 at which time CRP contract expires

TAXABLE ACRES: 306.672 TAXES: $7775.00

 

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 January, 27th, 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 January 27th, 2026 POSSESSION & CRP: New buyers will receive possession at the time of closing and will receive 100% of the 2025/26 CRP payment of $308.95 per acre for 207.83 acres. Payment totals $64,209.00 and is payable in September of 2026 at which time the CRP contract expires.
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 Ries Family 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 ma-terial. All bidding increments are at the discretion of Schaben Real Estate, LLC. Successful bidder(s) will enter into a purchase agreement contract at the conclu-sion 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 the Ries Family
SALE MANAGERS NOTES: The Ries family has done a fantastic job of mowing and spraying any weeds and small seedlings. Whether you have interest in farming or a passive investor this farm will suit your needs. There is an opportunity to acquire more farm ground by doing a small amount of dozer work but be-fore starting any work, please talk you your walnut buyer because there are several mature walnut trees on the farm.
Please take a look and call Jim Schaben at 712-263-9449 if you have any questions. We think you’ll like what you see!