Listing #: 14221
136.45 Acres M/L

Story County, IA
County Rd R38 / 510th Avenue
Kelley, IA 50134
Price: $1,432,725
Price Per Acre: $10,500

Agents

PROPERTY INFO

Description

Rare opportunity to own high quality farmland in Story County, Iowa between Ames and Des Moines!  The tract is nearly 100% tillable with approximately 131.94 FSA tillable acres carrying a CSR2 of 81.4 and has frontage along paved Co Rd R38.  Land seldom comes up for sale in this area and rarely makes it to the open market.

Farm lease has been crop share in the past and farming rights will be available for the 2019 crop season. Primary soil types include Canisteo Loams and Nicollet Loams. The farm is located in the Boone – Story Drainage District No. 3 and has 26”, 12”, and 10” county tile mains extended through the property with several water intakes.  The outlet for the county tile is located immediately south of this property. The property is located just south of Kelley, Iowa and in Section 8 of Palestine Township.  *This property is being offered as three parcels (1) Total of 136.45 Acres – Listing #14221 (2) north part of property including 73.74 Acres – Listing #14222 (3) south part of property including 62.71 Acres – Listing #14223.

Legal Description

All the South Half (S1/2) of the Northwest Quarter (NW1/4) and the Northwest Quarter (NW1/4) of the Southwest Quarter (SW1/4) (Except the right of way of the Chicago & Northwestern Railroad), and all that part of the Southwest Quarter (SW1/4) of the Southwest Quarter (SW1/4) lying West of the right of way of the Chicago & Northwestern Railroad, all in Section Eight (8), Township Eighty-Two (82) North, Range 24 West of the 5th P.M., Story County, Iowa, except Parcel “C” of the Southwest Quarter (SW1/4) of the Northwest Quarter (NW1/4) and of the Northwest Quarter (NW1/4) of the Southwest Quarter (SW1/4) as shown on Plat of Survey recorded as Instrument 2015 - 00003461.

Farm Details

FSA Cropland Acres: 131.94
Corn: 75.50 Base Acres with a PLC Yield of 158
Soybeans: 56.44 Base Acres with a PLC Yield of 46
Farm is enrolled in ARC-CO. Tract does not contain a wetland.
 

Directions

From Interstate 35 (Exit 102): Travel west on Iowa Highway 210 for 5.5 miles until 510th Avenue. Turn right (north) on 510th Avenue for 3.5 miles and the property will be located on your right (east) side of the road. Look for sign.

Details

  • Sign On Property: Yes
  • MLS Number: 563650
  • Parcel Number: 13-08-100-305, 13-08-100-400, 13-08-300-115, 13-08-300-310
  • School District: Ballard Community School District
  • General Area: Just south of Kelley, Iowa
  • Net Taxes: $3,852.00
  • CSR2: 81.00
  • Possession: At Closing, Subject To Tenant's Rights
  • Terms: Cash, Conventional

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DRONE VIDEO

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