SOLD!- Delaware County, IA Farm – 87 Acres M/L

2030 240th St, Manchester, IA 52057

Rare 87 acre M/L  property in Delaware County with Lake Delhi frontage, productive farmland, and an acreage site with utility infrastructure already in place. Approximately 74 m/l acres are tillable, providing income potential, with the remaining timber offering hunting and recreational value. Conveniently located on paved 240th Street and approximately 5 miles from Highway 20, Highway 13, and Manchester.

Call John Airy at 319-350-0474 for more information!

Offer Process
• Prospects will submit offers via customized bid form by Tuesday , March 17, 2026, at 10 AM CST. Ask Agent for bid form.

Seller Options
Round One Bidding Process:
• Prospects will submit a bid by Tuesday, March 17, 2026, at 10 AM CST. Ask Agent for bid form.
• Cash offers with minimal contingencies
• Accepting property “as is”, “where-is”

Seller Options After Round One:
• Accept one bid
• Negotiate with one bid
• Reject all bids and retain ownership
• Ask top 4 bidders to a bid-off on March 17, 2025 at 2 PM CST. Location TBD (Round Two).

Terms

Ten percent of the purchase price required from successful bidder as earnest money. Buyer(s) will sign Real Estate Sales Agreement, purchasing with no financing contingencies, and must be prepared for cash settlement of the purchase at the time of closing. Property and septic is sold “As-is; Where-is.” Residence is currently not habitable, farm buildings and contents in them at the time of closing are the responsibility of the buyer.

Closing
Ideally close within 45 days of final offer date. Subject to court approval.

Conditions
This sale is subject to all easements, leases and any other restrictions of record. Buyer(s) understand they are purchasing the property “as-is, where-is” unless specifically noted in offer. Any expenses post-closing are solely the responsibility of the Buyer(s). Available for the 2026 crop year.

Agency Disclaimer
Growthland and their associates are agents of the Seller.