Listing #19816 - 89.88 Acres In Lee County, IA

Mark your calendars for Friday, November 6th, 2026! Peoples Company is proud to present 89.88 acres m/l located just outside of Houghton, Iowa, in Lee County. The live public auction will be held at 10:00 AM at the Knights of Columbus Hall in Houghton, IA. Live and online bidding options will be available.

This highly productive farm includes 74.43 FSA Cropland acres carrying an impressive CSR2 of 71.2. The farm lease has been terminated, making the tillable acres open for the 2027 cropping season. Numerous tile intakes can be seen throughout the property, and additional drainage tile has been installed over the years. No tile maps have been provided. There are 6.42 acres enrolled into CRP "Conservation Reserve Program" CP22 contract with an annual payment of $379. This CRP contract is set to expire September 30th, 2029.

There is a 1900's 2,029 SF house on the property that is not currently livable. Dwellings will be sold "As Is, Where Is." The buyer will be responsible for the cost of any improvement, replacement, or repairs to the current septic/wastewater treatment system. The buyer will be required to sign a binding agreement with Lee County at Closing as part of the "Time of Transfer" requirement with the Ground Water Hazard Statement. This is an acknowledgment by the Buyer to either vacate/demolish or improve/update the current septic system per Iowa Law. Contact Agent for further details.
Located in Section 19 of Marion Township, Lee County, Iowa, this property represents a great opportunity for a variety of buyers, whether you’re looking to expand your existing operation, acquire a manageable and efficient tract as a beginning farmer, or invest in high-quality farmland in a strong agricultural region. The farm’s prime location provides convenient access to multiple grain marketing facilities throughout the area.

Don’t miss this rare opportunity to purchase a well-maintained, high-producing farm in the heart of Lee County, IA.

**No Buyers Premium.