Land for Auction in Allerton, Iowa

The Iowa Farm, LLC land portfolio is comprised of 522.5 acres m/l and will be offered in seven tracts ranging from 15.8 acres m/l to 150.7 acres m/l in size. Carrying a CSR2 value of 46.1 on the tillable soils, there are over 450 acres currently being farmed that will be open for the 2027 farming season. This is a unique opportunity for you to assemble high-quality farmland located in a tightly held area of Wayne County, Iowa, that has not been available to the public in many years.

The way this farm is subdivided offers something for everyone, including the smaller, medium, and large tract buyers. Create the best combination of tracts that offers the optimum purchase for your operation that best fit your needs and at your price.

These seven tracts will be offered via a live Public Auction that will take place at 10:00 AM on Thursday, October 8, 2026, at the Walden Park Clubhouse (Corydon Golf Course) located at 501 South East Street in Corydon, Iowa. The land will be sold as seven individual tracts using the "Buyer's Choice" auction method on a price per acre basis where the high bidder can take, in any order, any or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all tracts have been purchased and removed from the auction. These seven tracts will not be offered in their entirety at the conclusion of the auction. This auction can also be viewed through the Peoples Company mobile bidding app, with online bidding available to registered bidders.