1. If a sheriff’s sale is ordered on agricultural land used for farming, as defined in section
16.58, the mortgagor may, by a date set by the court but not later than ten days before the sale,
designate to the court the portion of the land which the mortgagor claims as a homestead.
The homestead may be any contiguous portion of forty acres or less of the real estate subject
to the sheriff’s sale. The homestead shall contain the residence of the mortgagor and shall
be as compact as practicable.
2. If a homestead is designated, the court shall determine the fair market value of the
designated homestead before the sheriff’s sale. The court may consult with the county
appraisers appointed pursuant to section 450.24 for deaths occurring before January 1,
2025, or with one or more independent appraisers, to determine the fair market value of the
designated homestead.
3. The mortgagor may redeem the designated homestead by tendering the lesser of either
any amount separately bid for the designated homestead at the sheriff’s sale pursuant to
procedures set forth in chapter 628, or the fair market value, as determined pursuant to this
section, of the designated homestead at any time within one year from the date of the sheriff’s
sale, pursuant to the procedures set forth in chapter 628.
86 Acts, ch 1216, §2; 87 Acts, ch 142, §4, 5; 90 Acts, ch 1245, §2; 2014 Acts, ch 1080, §95,
98; 2025 Acts, ch 148, §52 – 54
2025 amendment to subsection 2 applies retroactively to January 1, 2025, to the estates of decedents dying on or after January 1, 2025;
2025 Acts, ch 148, §54
Subsection 2 amended
\n
Notes of Decisions
Fed. Land Bank of Omaha v. Sleister, 444 N.W.2d 504 (Iowa 1989).
· cites it 44× “Iowa Code § 654.16 . Sleisters argue that the purpose of this amendment was broader than merely to allow separate redemption of the homestead; they contend it also allows an owner to redeem it free of accrued taxes and interest.”
First Nat'l Bank in Fairfield v. Diers, 430 N.W.2d 412 (Iowa 1988).
· cites it 22× “16 expressly allows the en masse sale of homestead and nonhomestead property: If the homestead is not sold separately, but rather is sold in conjunction with the nonhomestead property in order to satisfy the judgment,.”
Fed. Land Bank of Omaha v. Arnold, 426 N.W.2d 153 (Iowa 1988).
· cites it 6× “Prior to sale, Arnolds designated two forty-acre homesteads, one for each Arnold couple, in accordance with Iowa Code section 654.16 (1987) (enacted by 1986 Iowa Acts ch.”
Hawkeye Bank & Trust N.A. v. Milburn, 437 N.W.2d 919 (Iowa 1989).
· cites it 10× “The Iowa district court, meanwhile, ruled Milburn was entitled to redeem the homestead portion of the real estate under the provisions of Iowa Code section 654.16 but that he was not entitled to redeem the remaining portion of the land.”
Frideres v. Schiltz, 540 N.W.2d 261 (Iowa 1995).
· cites it 4× “We also reasoned that a retroactive application of the statute would not have been intended by the legislature because the result would have been that no one could have complied with the redemption time requirements that had previously expired. Thus, the result of a retroactive…”
Olympus Aluminum Prods., Inc. v. Kehm Enter., Ltd., 930 F. Supp. 1295 (N.D. Iowa 1996).
· cites it 4× “In both Bryant and Sleister , as Olympus argues, the Iowa Supreme Court held that it was wrong to conclude that because one foreclosure statute, Iowa Code § 654.16 , did not expressly require a redeeming owner to reimburse the owner of the sheriffs certificate for the taxes, it…”
Cole v. First State Bank of Greene, 463 N.W.2d 59 (Iowa 1990).
· cites it 22× “See Iowa Code § 654.16 . On January 9, 1987, the sheriff offered the property, with the exception of the homestead, for sale to the highest bidder.”
Knepper v. Monticello State Bank, 450 N.W.2d 833 (Iowa 1990).
· cites it 2× “§ 2219a; Iowa Code § 654.16 . In sum, the legislature could have reasonably concluded in 1985 that the preemption provision should apply only to state banks.”
Matter of Towns, 74 B.R. 563 (Bankr. S.D. Iowa 1987).
· cites it 2× “Section 2 of Senate File 2270 (to be codified at Iowa Code section 654.16). b) Restrictions on the enforcement of certain deficiency judgments.”
Equitable Life Assurance Soc'y of the United States v. Anderson, 438 N.W.2d 857 (Iowa Ct. App. 1989).
· cites it 8× “First, Andersons argue they were damaged because the sheriff’s failure to plat the land eliminated an opportunity for them to redeem their homestead pursuant to Iowa Code section 654.16 (1987), which provides for separate redemption of homestead during foreclosure proceedings.”
Veninga v. Valley State Bank of Rock Valley, 443 N.W.2d 721 (Iowa 1989).
· cites it 2× “They sought to have the court set aside the sheriff’s sale, set a market value for the homestead, and then declare the homestead redeemable under Iowa Code section 654.16 (1987). The case was removed to federal district court.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.