Listing #: 14292
117 Acres M/L

Wayne County, IA
50th Ave.
Humeston, IA 50123
Price: $372,000
Price Per Acre: $3,180

Agents

PROPERTY INFO

Description

Peoples Company is pleased to offer a great combination farm with income in Wayne County, IA. This property features 117 m/l acres situated just miles off of Highway 65 and Highway 2. There are 63.17 CRP acres enrolled into the CP1 program paying $173.36 per acre or an annual payment of $10,951 expiring in 2024. Total potential tillable acres is 99.49 with a CSR2 value of 48.5. 

With water and electric at the road and the farm's proximity to the highway, this would be a great location to build your dream home. Additionally, the pasture acres and 40 x 60 pole building offer a great opportunity to run livestock. There are a number of options available to the new owner of this farm.

Legal Description

The South Half (S1/2) of the Southeast Quarter (SE 1/4) in Section Ten (10) Township Sixty-nine (69) North, Range Twenty-three (23) West.  
The Southwest Quarter (SW 1/4) of the Southwest Quarter (SW 1/4) in Section Eleven (11) Township Sixty-nine (69) North, Range Twenty-three (23) West. Exact legal to be taken from abstract.

Farm Details

FSA Cropland - 99.49 acres 
Effective DCP Cropland - 36.32 acres
Corn Base - 36.32 acres with a PLC Yield of 88
Total CRP - 63.17 acres paying $10,951 annually expiring in 2024.

Directions

From Humeston, IA head South on Highway 65 for approximately 5 miles to Ohio Road. Turn East onto Ohio Road and continue for 1 mile to 50th Avenue and turn North, the property lies on the East and West side of 50th Avenue.

Sold Date: Nov 16, 2018

Sold at $0/acre

Seller Name: Dolan Estates, LLC

Improvements

Fence, ponds, pole barn

Details

  • Sign On Property: Yes
  • MLS Number: 568370
  • Parcel Number: 050D10400003, 050D10400004, 050E11300003
  • School District: Mormon Trail
  • General Area: Humeston
  • Net Taxes: $1,682.00
  • CSR2: 49.00
  • Possession: At Closing
  • Terms: Cash, Conventional

INTERACTIVE MAP

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