Farmland Auction - 145.60 Acres M/L in Guthrie County, IA

Peoples Company is pleased to be representing Martin Wood & Kevin Wood in the sale of their Guthrie County farm located just south of Yale, Iowa. The property consists of 145.60 gross acres m/l situated in Section 9 of Cass Township, Guthrie County, Iowa.
Offered as one tract, the farm includes 133.94 FSA cropland acres classified as NHEL (Non-Highly Erodible Land) and a fantastic CSR2 soil rating of 87.5. Prominent soil types include Clarion loam, Canisteo clay loam, and Nicollet loam. The balance of the tract consists of a grass waterway running west to east across the southern 1/3 of the farm and includes a small rustic cabin built in 2007 that sits within a secluded timbered patch looking over a catch pond. Access is from Utopia Avenue from the west, and the farm sits just 1 mile off Iowa Highway 4, offering quick access to the Iowa Highway system.
Approximately 3.12 acres of waterway exists between the current north and south tillable portions of the farm, which could be converted to add to more tillable acres. Primary soils within the 3.12 acres include Clarion loam and Webster clay loam, and carry a CSR2 rating of 85.9.
Established grass terraces are located in the northeast corner of the tract. There are 6 tile intakes in the terraces, indicating that drainage tile may be present. See the 'Tile Intake Map' found under the attachments for approximate locations. The farm lies in Drainage District 3 and Drainage District 17. These are primarily open ditch districts, and no county drainage tile is located on the tract. See the 'Drainage District Map' under the attachments for more information.
Grain marketing options are located nearby with Landus Cooperative locations in Yale and Panora, Iowa, as well as a NEW Cooperative location a few miles north in Jefferson, Iowa. Don't miss this opportunity to own land in a tightly held area where land rarely makes it to the open market!
Farm Lease: The farm is leased for the 2026 growing season, which runs through March 1, 2027. Sellers will retain all of the 2026 cash rent payment but in return have an extended closing date of September 16, 2026. The farm lease will be terminated prior to closing with farming rights being available for the 2027 growing season.
This farm will be offered as a single tract on a price-per-acre basis through the traditional auction method. The public auction will take place on Tuesday, June 30th, 2026, at 10:00 AM at the Yale Community Building in Yale, Iowa. This auction can also be viewed through a Virtual Online Auction option, and online bidding will be available.