Marshall County, IA
125.00 Acres M/L

160th Street
St. Anthony, IA 50239
Listing #13595


$1,065,000

Property Info

Description

Offering 125 acres m/l of productive Marshall County, IA farmland! Waterways enrolled into CRP provide income on nearly every acre. The property includes 112.71 tillable acres m/l which carry a CSR2 of 80.9 (CSR of 75.6). The two CRP contracts on the farm expire in 2023 and 2024 and pay approximately $3,969 annually. The first contract consisting of 9.7 acres of waterways is enrolled into a CP8A practice paying $339.01 per acre or $3,288 annually and expires in 2023. The second contract consists of approximately 2.18 acres along the pond in the southeast corner of the property. This contract is enrolled into a CP21 practice which pays $312.58 per acre or approximately $681 annually and expires in 2024. The farm has a very productive crop history with corn yields exceeding 200 bushel per acre. The 125 acre m/l parcel will be surveyed and split from a total of 163 acres including a large pond which would also be available for purchase. Call agents for more details.

Legal Description

125 Acres M/L to be surveyed off of 163 Acres located in the Northeast fractional Quarter of Section Six, Township Eighty-Four North, Range Twenty West of the 5th P.M., Marshall County, Iowa.

Details

Corn Base:  103.4 acres m/l with a PLC Yield of 178.
Bean Base:  9.3 acres m/l with a PLC Yield of 47.
Total Base Acres: 112.7 m/l

CP8A CRP Contract: 9.7 acres expiring in 2023 paying $339.01 per acre or $3,288 annually.
CP21 CRP Contract: 2.18 acres m/l expiring in 2024 paying $312.58 per acre or approximately $681 annually.
Annual CRP Payment: Approximately $3,969

*Base acres and CP21 CRP contract acres are estimates and may vary depending on reconstitution to be done by the Farm Service agency after the property is surveyed and split.

Directions

From St. Anthony: Travel West on 160th Street /  County Road E23 for 1 mile to Binford Avenue. Farm is located in the southwest corner of this intersection with frontage along 160th Street / County Road E23 & Binford Avenue. Watch for signs.

  • Sign On Property: Yes
  • School District: West Marshall School District
  • General Area: West of St. Anthony
  • Net Taxes: $3,250.00
  • CSR: 75
  • CSR2: 80.00
  • Possession: At Closing
  • Terms: Conventional & Cash

Photos

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