Lucas County, IA Land Auction - 171± Acres, 2 Tracts

Farm Auction in 28193 570th Street Chariton, IA 50049, Chariton, Iowa, United States

06 Wednesday
06th October, 2021

Lucas County, IA Land Auction - 171± Acres, 2 Tracts

Farm Auction in 28193 570th Street Chariton, IA 50049, Chariton Iowa, United States

Wednesday at - 06th October , 2021



This farm has it all tillable, timber & recreational opportunities! For information contact Steffes Group at 319.385.2000; Mason Holvoet at 319.470.7372 or Nate Larson at 319.931.3944


Chariton, Iowa
Land is located 12 miles north of Chariton on Highway 14, then 1 mile west on 570th Street to 28355 570th Street.


Auction to be held at Carpenters Hall, 1215 Court Ave., Chariton, IA

Open House on Wednesday, September 22nd from 1-2PM


171.79 Acres M/L – SELLS IN 2 TRACTS


Auctioneer’s Note: Here is a farm that is perfect for hay ground, pasture and recreational opportunities in Lucas County, IA.

Tract #1 – 39.19 Acres M/L

This tract offers a potential building site with 2 ponds, timber, pasture and approx. 14 acres tillable.
Corn Suitability Rating 2 is 34.4 on the tillable acres.
Located in Section 6, Pleasant Township, Lucas County, Iowa.

View Soil Map

Tract #2 – 132.6 Acres M/L with Home & Buildings

This tract offers a 2 bedroom, 1 bath home with 864 sq.ft, along with a 22’x22’ detached garage, an old barn & several smaller outbuildings. The property has rural water. There is approx. 63 acres tillable, balance being timber & pasture. 
Corn Suitability Rating 2 is 30.4 on the tillable acres.

Located in Section 6, Pleasant Township, Lucas County, Iowa.

View Soil Map

Included: Any item present on the day of closing.
Not included: All personal property, LP tank, Fuel tanks, Appliances, All farm machinery & equipment.

FSA info on the entire farm
78.53 acres tillable with 14.1 corn base acres & 6.8 bean base acres.

View FSA Aerial
View FSA 156 EZ form

Terms:10% down payment on October 6, 2021.  Balance due at closing with a projected date of November 19, 2021, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of November 19, 2021.  (Subject to tenant’s rights on the pasture/tillable land until March 1, 2022.)
Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement.  Seller shall pay any unpaid real estate taxes payable in prior years.

Tract #1 – Tax Parcel - 0406300004 - Net Taxes       $390.00 (Rounded)

Tract #2 – Tax Parcels – 406300001, 406300002, 406300003, 406100005 - Net Taxes          $1,702.00 (Rounded)

Special Provisions: 

  • Tillable/pasture land is selling subject to tenant’s rights until March 1, 2022.
  • It shall be the obligation of the Buyer(s) to report to the Lucas County FSA office and show filed deed in order to receive the following if applicable:   A. Allotted base acres.  B. Any future government programs. C. Final tillable acres to be determined by the FSA office.
  • Bidding on Tracts 1 & 2 will be by the taxable acre.  Seller shall not be obligated to furnish a survey.
  • The Buyer shall bear the responsibility and expense to have the septic system pumped & inspected, prior to closing, as required by the Iowa DNR. It shall also be the Buyer’s responsibility and expense, if needed, to upgrade, repair, or any other matters to the septic system in accordance with Lucas County & Iowa Laws & regulations.  Prior to closing, the Buyer shall acquire the proper paperwork required by the County Sanitarian for the septic system.
  • This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
  • If a Buyer is unable to close due to insufficient funds or otherwise, Buyer will be in default and the deposit money will be forfeited.
  • If one Buyer purchases more than one tract, the Seller shall only be obligated to furnish one abstract and deed (husband & wife constitute one buyer).
  • The Buyer(s) shall be responsible for any fencing in accordance with Iowa state law.
  • The Buyer(s) shall be responsible for installing his/her own entrances if needed or desired.
  • If in the future a site clean-up is required it shall be at the expense of the Buyer(s).
  • This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
  • The Buyers acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyers are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the real estate.
  • Selling subject to court approval.
  • Steffes Group, Inc. is representing the Seller.
  • Any announcements made the day of sale take precedence over advertising.

Owners: Joseph A. Ruth and Tamara L. Ruth
Iowa State Savings Bank, Arnold O. Kenyon III – Trust Officer

Loretta L. Harvey – Attorney for Sellers


For information contact Steffes Group at 319.385.2000;
Mason Holvoet at 319.470.7372 or Nate Larson at 319.931.3944



TERMS & CONDITIONS All items sold AS IS WHERE IS. Payment (Cash or Check) must be made sale day before removal of items. Announcements made sale day take precedence over all previous advertising. Titles (if any) will be mailed to buyers within two weeks of auction date. A document fee of $35 applies to all titled vehicles.

International buyers please check your importing regulations prior to bidding. Real Estate terms and conditions will vary per auction.    



Steffes Auctioneers Inc.

2000 Main Avenue East

West Fargo ND 58078-2210

Phone: (701) 237-9173(701) 237-9173

Toll Free: (800) 726-8609(800) 726-8609

Fax: (701) 237-0976

E-Mail: [email protected]  [email protected]


Scott Steffes ND81 & MN14-51

Bob Steffes ND82 & MN14-09

Brad Olstad ND319 & MN14-70

Clark Sather ND463 & MN54-05      


Scott Steffes, Broker

Rodney Steffes, Licensed Sales Associate

Geri Paul, Licensed Sales Associate

Ashley Huhn, Licensed Sales Associate    


Steffes Auctioneers Inc

24400 MN Highway 22 South

Litchfield, MN 55355

Phone: (320) 693-9371(320) 693-9371  

Fax: (320) 693-9373

Email: [email protected]

[email protected]

[email protected]

[email protected]


Eric Gabrielson, MN47-006, ND890

Ashley Huhn, MN47-002, ND843

Randy Kath, MN47-001, ND894


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