AUCTION LOCATION
LandProz.com
or
In-Person at:
Up 4 Celebrations
300 N State St, Garner, IA 50438
PROPERTY DESCRIPTION
LandProz is pleased to present the Tompkins Trust Auction in Hancock County, IA. This farmland will be offered to the public to bid their price via LandProz AuctionCast at LandProz.com. The Tompkins Trust Farmland is on the market for the first time since 1947. This is a rare and exciting opportunity to acquire 162 +/- acres of prime farmland, thoughtfully divided into two tracts: Tract 1 with 82 +/- acres and an impressive 83 CSR2, and Tract 2 with 80 +/- acres carrying a 60.5 CSR2. Both farms offer exceptional value and potential for future owners.
The public auction will take place on December 2, 2025, at 10:00 AM, and interested bidders are invited to participate in person at UP 4 Celebrations or conveniently online at LandProz.com. Don’t miss your chance to be a part of this historic event and invest in a legacy property that has been cherished for generations. Online bidding will open November 24, 2025.
Please contact LandProz Agent & Auctioneer JJ Wise at 641-420-7355 for more information regarding this property.
TRACT 1
Tract 1 is exceptionally situated along Highway 18, immediately adjacent to the city limits of Garner, Iowa, and just west of Iowa Mold and Tool. This prime location offers remarkable accessibility and visibility, making it highly attractive for future development. With its proximity to established infrastructure and the city’s amenities, the tract presents significant potential for either residential subdivision or commercial ventures. The flexibility in land use possibilities makes Tract 1 a compelling opportunity for investors and developers seeking to capitalize on the region’s growth and strategic placement.
• 82 +/- Deeded Acres
• 81.27 +/- Taxable Acres
• 81.01 +/- Tillable Acres
• CSR2 of 83
• Prominent Soil Types: Canisteo clay loam, Webster clay loam & Nicollet clay loam
• Located on hard surface US Highway 18
• Immediate possesion after closing
• Touching the city limits of Garner, IA
• Huge development potential
• GHV School District
• Section 30 of Concord TWP
• Hard Surface US-18 Highway
• 475 +/- Feet of Highway 18 Frontage
• Average Annual Daily Traffic of 6,600 per IA D.O.T.
• Real Estate Taxes $2,410
TRACT 2
Tract 2 is a versatile property encompassing approximately 80 +/- acres, ideally situated about 5 miles southwest of Ventura, Iowa, and 6 miles southeast of Garner, Iowa. This tract features 72.32 +/- acres of productive tillable cropland, making it well-suited for agricultural operations. An old building site is also present on the property; with clearing, this area could potentially add an additional 4 acres of tillable farmland, further increasing the tract's agricultural value. Additionally, the farm includes two natural gas pipeline easements, which are important to consider for both current land use and future planning. Overall, this tract presents a strong opportunity for expansion or investment in a prime Iowa farmland location.
• 80 +/- Deeded Acres
• 77 +/- Taxable Acres
• 72.32 +/- Tillable Acres
• CSR2 of 60.5
• Prominent Soil Types: Harcot clay loam, Bolan loam & Okoboji silty clay loam
• Approximately 1 mile off hard surface county R70
• Corner of Apple Ave & 225th St
• Immediate possesion after closing
• Near Ventura, IA
• Section 36 of Concord TWP
• Real Estate Taxes $1,650
TERMS
$75,000 [non-refundable] on each tract of earnest money the day of the auction. Earnest money will be held in the listing brokerage escrow account until closing. Only approved bidders will be registered to bid. Buyers will need to provide a letter of credit or proof of funds prior to bidding. Closing date will be on or before December 31, 2025. The lease has been terminated and both tracts are open to farm in 2026. Possession will be given at closing subject to current tenant's rights. Fall tillage work can be arranged to be done after earnest money is deposited into LandProz Real Esate LLC's Trust Account. Bidding is dollars per deeded acres. There is NO BUYERS PREMIUM! Buyer[s] to do their own due diligence prior to bidding. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy.
