Guthrie County, Iowa Online-Only Land Auction! Peoples Company is pleased to be representing FN’J Farms LLC in the sale of 80 acres m/l located directly north of Menlo, Iowa, on Rose Avenue. The farm will be offered as two separate tracts offering pasture ground, existing fencelines, and a rural acreage site. These tracts will be sold via an online-only auction with bidding concluding at 1:00 PM CST on Thursday, April 30th, 2026. Tract 2 consists of 4.37 surveyed acres, with a 1.5-story house with 1,238 SF, a machine shed built in 2004 with 1,350 SF & a barn built in 1960 with 720 SF. With fences and outbuildings in place, this property is situated perfectly for someone who is looking for a place to have a small herd of livestock. The house is located at 3115 Rose Avenue, Menlo, IA 50164, and there will be an open house on Saturday, April 18th, from 1-3 P.M. CST. The outside of the house is in solid condition, but the inside of the house is in the middle of a remodel, and the property is being sold "As-Is." This house provides the perfect opportunity for someone who is looking to add instant equity and is not afraid of a little extra work to turn this into the perfect acreage setting just outside of Menlo. There is a Goodman furnace that was installed in March of 2021, but it is not hooked up to propane yet. The furnace has been stubbed, and there is a line going to the outside. It will be the new owner's responsibility to have the propane tank installed. The Time of Transfer report has been completed, and the septic is up to code and usable. Electricity is provided by Guthrie County REC. Xenia Rural Water is the rural water supplier.