12
Simulcast Auction
- Status
- County, State
- Acres
- Listing Number
- Active
- Henry County, IA
- 396.02 ± Acres
- L-2600292
The live auction will be held on Thursday, August 27, 2026, at 10:00 AM CDT, at the New London Community Center, 103 W Washington St, New London, IA 52645. Online bidding will begin on Monday, August 24, 2026, at 8:00 AM CDT and close at the end of the live event.
Farmers National Company is proud to present Lance and Lyn McAllister’s family farm for sale on the open market. Don’t miss this choice opportunity to acquire investment-grade Henry County farmland. Surveyed gross and tillable acres. Income-producing CRP waterways and filter strips. All tracts feature top-producing Mahaska soils averaging from 83 CSR2 to 90 CSR2.
Property Directions
At the corner of Main and Pine Streets in New London, travel 1.2 miles north to the intersection of 250th Street. Tract 1 is located along the north side of 250th Street. Travel east on 250th Street one-quarter mile to Tract 2. The tract lies east of Quincy Avenue and north of 250th Street. From the corner of 250th Street and Quincy Avenue, travel approximately one-half mile east to Racine Avenue. Travel north on Racine Avenue (X23) 3 miles to Tract 3. Tract 3 lies east of Racine Avenue.
Listing Information
Status
Details
The listed FSA information is for tracts 1 and 2 combined. Base acres to be split by the local FSA office if tracts 1 and 2 are sold separate.
Legal Description
SW 1/4 of Section 14, T71N, R5W of the 5th P.M., Henry County, Iowa. Exact legal descriptions shall be taken from Sellers' abstract of title.
Improvement Description
Residential house, machine shed, and grain bins located on Tract 1 to be sold at auction and transferred at closing as is, where is. Buyer shall be responsible for any improvements to the existing septic system necessary to pass an Iowa DNR Time of Transfer inspection prior to closing, or sign one of two Time of Transfer inspection waivers, as follows: Binding Agreement for Future Installation or Building Demolition. Building site will not be subdivided by the Seller prior to closing. The farm tenant has use of the grain bins until March 1, 2027. The property is monitored 24/7. Residence and machine shed showings and/or inspections are by appointment only. Contact the agent at 319-325-3080 to schedule an appointment.
Annual Taxes
$8,972
Size Acres
158.26
Acreage Breakdown
Non-crop: 9.34 acres
CRP: 1.49 acres, $289.06 annual payment, expiring 9-30-29 (Buyer(s) shall be assigned the CRP contacts at closing and will receive the full 2027 crop year CRP payments.)
Location
Crop Info
Corn / Base: 220.47 / Yield: 150.00
Soybeans / Base: 0.80 / Yield: 26.00
Related Documents
All information is assumed to be accurate and substantially correct but no assumptions of liability are intended. Neither the seller nor the agent or representatives warrant the completeness or accuracy of the information. Seller does not guarantee timber volumes, values, acreages (total, woodland/cropland, stand or otherwise), tree ages or the condition and/or function of any improvements, including but not limited to all buildings, machinery, appliances, wells, equipment, livestock and ponds. No representations or warranties are expressed or implied as to the property, its condition, boundaries or logging feasibility. Prospective buyers should satisfy themselves as to the accuracy of this information.
Simulcast Auction
Multi-TractOnline Bidding
- Start Date: Aug 24, 2026
- Bidding Time: 8:00 am
In-Person Bidding
- Start Date: Aug 27, 2026
- Bidding Time: 10:00 am






















