Wayne County, IA
1126.00 Acres M/L

Raccoon Road
Humeston, IA 50123
Listing #13699


$4,750,000

Property Info

Description

Offering 1126 acres of prime Wayne County farm ground just 1/2 mile off of Highway 65.  This farm consists of 922.89 tillable acres of which 854 acres are being farmed and 69 acres are currently enrolled in CRP.  The tillable acres carry a CSR2 of 54.3 with the primary soil types being Seymour, Clarinda, and Shelby. The remainder of the ground is in timbered draws and creek bottom with spectacular turkey and whitetail hunting if owner desires or hunting rights could be leased out for extra income. There are 4 CRP contracts that make up the 69 acres that currently enrolled. These contracts are as follows: 1 acre enrolled in CP21 at 133.84 per acre expiring in 2022. 19.4 acres enrolled in CP23 at 118.60 an acre expiring in 2022. 34.21 acres enrolled in CP21 at 232.56 an acre expiring in 2027 New contract for 2017. 14.47 acres enrolled in CP21 at 239.62 an acre expiring in 2027 New contract for 2017. 

Legal Description

Exact legal to be taken from abstract.

Details

1117.84 Farmland Acres 
922.89 Cropland Acres 
69 CRP Acres (See Discription for Details)
854 acres being farmed for the 2017 crop year
Corn: 408.4 Base Acres with a Yield of 101  Arc County 
Soybean: 418.08 Base Acres with a Yield of 34 Arc County 
Wheat: 8.52 Base Acres

Directions

From Humeston Iowa, go south on Highway 65 for 2 miles and take Raccoon Rd east for 1/2 Mile. The property will start on the south side of the road. You can also go south of Humeston 3 miles turn east on Quail Run. Continue one mile to 50th.  Property is situated north of Quail Run on either side of 50th.

  • Sign On Property: Yes
  • School District: Morman Trail
  • General Area: Humeston, Iowa
  • Net Taxes: $14,946.00
  • CSR2: 54.00
  • Possession: At Closing. Subject to tenants rights.
  • Terms: Conventional

Improvements

Machine shed and Rural Water 

Additional Info

This farm is open for rent for 2017 and subject to tenant's rights for 2016.  There is electric and rural water at the machine shed set up for filling sprayers. It is hard to find 1126 contiguous acres for sale in Iowa. Don't pass this farm up.


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Photos

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