Auction details

ONLINE ONLY AUCTION – 21.80 NET TAXABLE ACRES, MALVERN, IA

Bidding opens May 21st at 12 pm
Bidding closes June 4th at 10:30 am

Directions to the farm: The farm is located on the East side of Malvern, IA. Signs will be posted!

ONLINE BIDDING LINK: https://jimhughesrealestate.placebids.net/auctions/1833485/lots

FSA Information:
FARM #5507 – TRACT #849
FARMLAND: 21.49
CROPLAND: 21.49
DCP CROPLAND: 21.49
TAXABLE ACRES: 21.80
TAXES: $806 ANNUAL
CORN BASE ACREAGE: 12.80
PLC YIELD: 151
BEAN BASE ACREAGE: 6.50
PLC YIELD: 46
TOTAL BASE ACREAGE: 19.30
CSRII: 84.1
PART OF SEC. 29-72N-41W, Mills County, IA

Seller: Chariot Farms, LLC

Auctioneer’s Note: This property is the best of both worlds. Excellent soil types and located in the city limits of Malvern, Iowa. Please contact us to discuss the 2026 cash rent income. This property has a ton of potential!

METHOD OF AUCTION: Farm will be sold on a dollar per acre basis to be multiplied by the net taxable acres.
TERMS: 10% down day of auction with balance due at closing on or before July 10, 2026. Abstract will be provided.
ACCEPTANCE OF BIDS: Successful bidders will enter into a purchase contract at the close of the online auction. Location to be determined by Jim Hughes Real Estate and the successful bidder. All bids are subject to seller’s approval. Your bidding is not subject to financing, so financing must be arranged prior to auction.
POSSESSION: At closing subject to tenant’s rights.
AGENCY: Auctioneer Allan Hughes & Jim Hughes Real Estate are agents for & represent the sellers. All bidders will be considered customers, not clients.

ONLINE BIDDING LINK: https://jimhughesrealestate.placebids.net/auctions/1833485/lots