Minkster, welcome to TBN. I'm sorry you are coming here due to problems, but hopefully you will find good advice.
I'm no expert on the 1925, but it seems to me that the failure you described is not pointing toward the clutch. My guess is a broken gear or most likely a splined coupler collar between two gear shaft sections has failed. Sometimes these couplers are held in place by a rollpin and sometimes a "C-clip" or "E-clip" around the shaft. If the clip comes out and the coupler shifts, you lose connection and there is no noise or grinding. Clutches normally fail due to slipping or catastrophic failures are noisy and don't sound good or feel right when you depress the pedal. Your description is that the clutch sounds and feels normal. I looked at the parts diagrams for your tractor and saw several couplers with retaining clips that could disconnect suddenly and cause little else other than complete loss of power. I think that's your problem.
Having both failure of the drive transmission and the PTO drive is a signal of more than the transmission jumping to neutral. Somehow, something that effects both functions has disconnected.
I hate to say it, but splitting the tractor may be required and certainly you'll at least have to remove top covers for inspection. Have you tried jacking up the tractor's rear wheel and manually turning it while shifting through gears and ranges? If the wheel turns freely and you hear nothing inside the transmission, then you'll have to open things up and investigate.