Adair County, IA

2528 250th Street
Greenfield, IA 50849

294 Acres M/L
Price: $1,734,600 Price Per Acre: $5,900

Listing #: 14334

Agents

PROPERTY INFO

Description

Offering 294 m/l contiguous acres of quality Adair County, Iowa farmland located 2 miles east and 1 mile south of Greenfield. Farm has been owned and operated by the same family since 1918 and features 239 m/l acres of well managed CRP, paying $220.74/acre totalling $52,889 of income per year (Fall 2018 payment will go to the seller). CRP contract expires in 2020 with the remaining two payments on the contract available to the new owner. An additional $2,021/year of income from Mid-American Energy wind turbine options. 

This farm would qualify for possible transition to organic farming when CRP expires in 2020.  Wildlife sign is abundant, featuring turkeys, deer, pheasant, and quail.  

Farm is conveniently located just off of Highway 92.  

Legal Description

294 taxable acres - 22-75N-31W Adair County, Iowa

Farm Details

239.59 Acres CRP - $220.74/acre totalling $52,889/year

FSA Total Cropland Acres - 267.93

  • Sign On Property: Yes
  • MLS Number: 570458
  • School District: Nodaway
  • General Area: Greenfield
  • Gross Taxes: $7,046.00
  • CSR2: 60.00
  • Possession: At Closing
  • Terms: Cash/Conventional/Contract

Directions

On HWY 92, go 2 miles East of Greenfield, Iowa to Pinewood, turn south one mile to 250th Street. All parcels are contiguous. Runs West to East from Pinewood to Quebec

Covenants

N/A

Improvements

60,680 ft of tile

16' (6") outlets

Terraces

Additional Info:

Seller would prefer to sell on contract. If sold for cash/conventional means, proceeds to seller would need to be split in to 2 separate years.

INTERACTIVE MAP

Use the Interactive Map to explore the property's regional location. Zoom in and out to see the property's surroundings and toggle various mapping layers on and off in the Map Layer Menu.

DRONE VIDEO

Click the “play” button below to watch an aerial drone video of this property.