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Listing #19718
October 30, 2026
Wapello County, IA
Overview
- 3Tracts
- 349.09Total acres M/L
- 280.17Tillable acres M/L
Wapello County, Iowa Land Auction! - Peoples Company is pleased to present the sale of 349.09 acres m/l of tillable farmland located west of Ottumwa, Iowa. The farm will be offered as 3 individual tracts with both live and online bidding options available on October 30th, 2026, at the Bridge View Center in Ottumwa, Iowa at 10:00 A.M. (CST).
Of the total 349.09 acres m/l in this portfolio, the farmland includes 280.17 FSA cropland acres carrying CSR2 ratings in the low-50s to mid-20s. All three tracts have previously been enrolled in CRP; however, all CRP contracts have been cancelled, allowing the new owners to put the farms back into production for the 2027 crop year. These farms are located in a strong farming community near several competing grain markets, which include both grain elevators and ethanol plants. These highly tillable tracts of farmland would make for a great add-on unit to an existing farm operation or an investment-grade land purchase.
Tract 1: 195.61 Acres M/L with 155.21 FSA cropland acres, carrying a CSR2 value of 51.8. Located just north of Blakesburg, Iowa.
Tract 2: 105.50 Acres M/L with 78.72 FSA cropland acres, carrying a CSR2 value of 38.2. The remainder of the farm is utilized as pasture. Located northwest of Ottumwa, Iowa.
Tract 3: 47.98 Acres M/L with 46.24 FSA cropland acres, carrying a CSR2 value of 26.6. Located northwest of Ottumwa, Iowa.
The farmland portfolio will be offered as three individual tracts on a price-per-acre basis using the “Buyer’s Choice” Auction Method, where the high bidder can take, in any order, any or all tracts for their high bid. Both live, in-person bidding and live online bidding options will be available.
Land
- Zoning
- Agriculture
- Gross Taxes
- See individual tracts.
- Parcel(s)
- See individual tracts.
Location
- Address:
- Monroe Wapello Road, Blakesburg, IA 52536 Get Directions
- Directions:
- See individual tracts.
Tracts
Tract 1 · 195.61 Acres M/L
Description
Tract 1 consists of 195.61 acres m/l located on paved road, Monroe Wapello Road. This highly tillable tract of farmland consists of 155.21 FSA cropland acres and boasts an average CSR2 soil rating of 51.8. Primary soil types include Weller silty clay loam and Pershing silt loam. The remaining balance of the farm includes 3 small ponds and some timber, adding recreational opportunities. The property also offers multiple building site locations. The farm is open for the 2027 crop year. Tract 1 is located 2 miles north of Blakesburg, Iowa in Section 6 of Adam Township & Section 31 of Polk Township in Wapello County, IA
Legal Description
195.61 Acres M/L located in Section 6 of Adam Township & Section 31 of Polk Township in Wapello County, IA. Long Legal Description on file. Exact legal description to be taken from Abstract.
Directions
From Ottumwa, IA: Travel west out of town on Highway 34 and continue for 12 miles until reaching Monroe Wapello Road. Turn left (south) and travel for 2.2 miles. The property will be located on your left. Look for the Peoples Company signs.
- Total acres
- 195.61
- Tillable acres
- 155.21
- Avg. soil rating
- 51.8 (CSR2)
- Parcel Number(s)
- 001010610752000001010620249000001010610250000001010620248000001233140214000001233140215000
Tract 2 · 105.50 Acres M/L
Description
Tract 2 consists of 105.5 acres m/l located on Whiskey Ridge Road & 237th Avenue. This tract of farmland consists of 78.72 FSA cropland acres and an average CSR2 soil rating of 38.2. Primary soil types include Weller silty clay loam and Munterville silt loam. The remaining balance of the farm includes pasture, a small pond, and some timber, adding recreational opportunities. The property also offers multiple building site locations. The farm is open for the 2027 crop year. Tract 2 is located 10 miles northwest of Ottumwa, Iowa in Sections 5 & 6 of Polk Township in Wapello County, IA.
Legal Description
105.5 Acres M/L located in Sections 5 & 6 of Polk Township in Wapello County, IA. Long Legal Description on file. Exact legal description to be taken from Abstract.
Directions
From Ottumwa, IA: Travel west out of town on Highway 34 for 2.7 miles until reaching 87th Street. Turn right (north) and then immediately left (west) and continue on 87th Street for 8.1 miles until reaching 235th Avenue. Turn right (north) and travel for 2.3 miles. The property will be located on your right. Look for the Peoples Company signs.
- Total acres
- 105.50
- Tillable acres
- 78.72
- Avg. soil rating
- 38.2 (CSR2)
- Parcel Number(s)
- 003230630621000003230630620000003230540618000
Tract 3 · 47.98 Acres M/L
Description
Tract 3 consists of 47.98 acres m/l located on Whiskey Ridge Road. This tract of farmland consists of 46.24 FSA cropland acres and an average CSR2 soil rating of 26.6. Primary soil types include Munterville silt loam and Weller silty clay loam. The remaining balance of the farm includes a small pond. The property also offers multiple building site locations. The farm is open for the 2027 crop year. Tract 3 is located 10 miles northwest of Ottumwa, Iowa in Sections 5 & 6 of Polk Township in Wapello County, IA.
Legal Description
47.98 Acres M/L located in Sections 5 & 6 of Polk Township in Wapello County, IA. Long Legal Description on file. Exact legal description to be taken from Abstract.
Directions
From Ottumwa, IA: Travel west out of town on Highway 34 for 2.7 miles until reaching 87th Street. Turn right (north) and then immediately left (west) and continue on 87th Street for 8.1 miles until reaching 235th Avenue. Turn right (north) and travel for 2.3 miles. The property will be located on your left. Look for the Peoples Company signs.
- Total acres
- 47.98
- Tillable acres
- 46.24
- Avg. soil rating
- 26.6 (CSR2)
- Parcel Number(s)
- 003230630622020003230540619000
Terms
- Possession
- At Closing
- Zoning
- Agriculture
- Legal description
- See individual tracts.
Cash, Conventional
Remaining terms and conditions are supplied per listing by the CMS.
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