Property Info

Description

Offering 51.11 acres m/l of Madison County farmland located southwest of St. Charles, Iowa. Farm consists of 34.79 FSA tillable acres with a CSR of 67.1 (CSR2 of 68.6). Farm has been recently improved with approximately 10,400 linear feet of tile (9,750 feet of 4 inch tile and 650 feet of 6 inch tile - installed Spring 2015). See Tile Map for approximate locations of tile. Potential building sites with a 2.5 inch rural water line running along the south side of the road. Rural water provided by Warren Water District. Great investment opportunity located roughly 2.5 miles northeast of East Peru along the south side of 280th Trail in Section 31 of South Township.

Legal Description

51.11 acres m/l in the South ½ of Section 31, Township 75 N, Range 26 W in Madison County, Iowa.. Exact legal description to be taken from abstract.

Details

Corn: 16.9 base acres with a PLC Yield of 97

Beans: 3.4 base acres with a PLC Yield of 34

Directions

From East Peru, travel east on Co Rd G38. Turn north onto Rustic Ave / Co Rd R21 and continue approximately one mile to 280th Trail. Turn east onto 280th Trail and continue to T intersection. Turn north at T intersection to stay on 280th Trail and follow around curve as road turns east. Property situated on the south side of 280th Trail - look for Peoples Company signs.

• Sign On Property: Yes
• School District: Interstate 35 School District
• General Area: Southwest of St. Charles
• Net Taxes: $892.00
• CSR: 67
• CSR2: 68.00
• Possession: At Closing
• Terms: Conventional, Cash

Covenants

None

Improvements

N/A - Land Only

Reserved Items

None

Additional Info

Farm is open for 2016 farming season.

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Photos