Land for Auction in Reasnor, Iowa

High Quality Farmland in Strong Farming Area! Jasper County, Iowa Farmland Auction on Friday, June 19th, 2026, at 10 AM at the Sully Community Center!

Peoples Company is pleased to be representing the Klein Family Farm LLC in the sale of their family farm located in southeast Jasper County, Iowa, and just west of Sully, Iowa. The Klein Family Farm is a long tenured family farm with proud ownership of this family heirloom, spanning multiple generations, and a rare opportunity to acquire high quality farmland in a tightly held area. The Klein Family name has been part of the farming history as well as a respected surname in the local community, with a shared feeling of respect and admiration for the community by the current members of the Klein family. The Klein Family Farms includes a total of 136.72 acres m/l and will be offered as two individual tracts through the Buyer's Choice Auction Method. Both farmland tracts are leased for the 2026 crop year and have been operated by a long-term, reputable farm tenant who has served as an excellent steward of the farmland through farming practices and a high level of maintenance. The Winning Bidder / Buyer will receive the second half of the cash rent payment for the 2026 farm year. Please contact the agent for lease and payment details. Tract 1: 66.46 acres m/l with 64.06 NHEL FSA cropland acres and a CSR2 soil rating of 89.4. Located in Section 6 of Elk Creek Township.Tract 2: 70.26 acres m/l with 66.79 HEL FSA cropland acres and a CSR2 soil rating of 73. Located in Section 5 of Elk Creek Township.

The farmland tracts are nearly 100% tillable and have average CSR2 soil ratings above the Jasper County, Iowa, average CSR2 soil rating of 68.5. The primary soil types include top-producing Otley silty clay loams and Mahaska silty clay loams. With only a gravel road separating the two tracts (E 72nd Street S), these farms lend themselves to both the Buyer looking for a smaller, more affordable tract as well as the Buyer looking for larger farmland holdings.

These tracts should be attractive to a variety of farmland Buyers including the beginning farmer, an investor looking to diversify their portfolio, or an existing farm operation looking to add-on. Conveniently located near multiple state highways and grain marketing options, including Two Rivers Cooperative and Heartland Co-op. The two tracts will be offered on a price-per-acre basis via Public Auction and will take place on Friday, June 19th, 2026, at 10:00 AM CST at the Sully Community Center in Sully, Iowa. The farm will be sold as two separate tracts using the "Buyers Choice" auction method, where the high bidder can take, in any order, one or both tracts for their high bid. "Buyers Choice" auctioning will continue until both tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety at the conclusion of the auction. This auction can also be viewed through a Virtual Online Auction option, and online bidding will be available.