Marshall County, IA
160.00 Acres M/L

Stanley Mill Road & Jessup Avenue
Albion, IA 50005
Listing #13225


$680,000

Property Info

Description

Offering 160 acres m/l of Marshall County farmland located west of Albion, Iowa. Farm consists approximately 78.48 tillable acres with a CSR of 59.8 (CSR2 of 58.5).  In addition, farm includes 41.68 acres enrolled in CRP with an annual payment of $8,995 (8.1 acres expiring in 2022 and 33.58 acres expiring in 2026). Balance of property in timber with a pond, open prairie, grass waterways and an existing homestead / acreage with 6 acres m/l. Acreage site could be sold separately. Homestead includes 1,860 SF three bedroom, two bathroom, ranch-style home with a two-car, attached garage. Farm is located west of Albion roughly 3 miles in Section 3 of Marietta Township.

Legal Description

The S ½ of the NW Fractional ¼ and the N ½ of the SW Fractional ¼ of Section 3, Township 84 N, Range 19 W in Marshall County, Iowa. Exact legal description to be taken from abstract.

Details

Base acres and PLC Yields will change when farm is reconstituted based on new CRP contract. Contact Agent for details.

Directions

From Albion, travel west out of town on Stanley Mill Road. Veer left at “Y” intersection to stay on Stanley Mill Road. Continue roughly 1.75 miles to Jessup Avenue. Property is situated on the northwest corner of Stanley Mill Road and Jessup Avenue.

  • Sign On Property: Yes
  • School District: West Marshall
  • General Area: West of Albion
  • Net Taxes: $4,050.00
  • CSR: 59
  • CSR2: 58.00
  • Possession: Closing
  • Terms: Conventional, Cash

Covenants

None

Improvements

1,860 square feet, three bedroom, two bathroom, ranch-style home with a two-car, attached garage and several outbuildings and grain bins.

Reserved Items

None


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