Listing #: 14405
357 Acres M/L

Marion County, IA
Perry Street
Knoxville, IA 50138
Price: $1,785,000
Price Per Acre: $5,000

Agents

PROPERTY INFO

Description

Diverse, Quality Farmland offered for sale in Marion County, IA. This property totals 357 acres m/l of individually distinct components, that when combined, offer a unique opportunity for agriculture, conservation, and recreation. 180 acres m/l of the property is currently in row crop, corn/soybean rotation. Soil types include Haig, Grundy, Pershing and Nira with slopes from zero to 9 percent across most of the tillable acres. Great laying, highly productive land. The farm also has 59.80 acres enrolled in CRP with an annual payment of $11,088 providing additional income as well as wildlife habitat. Interior fencing provides the means to graze livestock on southernmost 80 acres. The farm has a healthy population of deer and turkey as well as upland game birds, both quail and pheasant. A great mix of recreation and income! This great property is located in section 28 of Franklin Township, Marion County, IA.

Legal Description

The Northeast Quarter of the Northwest Quarter, The Northwest Quarter of the Northeast Quarter, The Southeast Quarter of the Northwest Quarter, The Southwest Quarter of the Northeast Quarter, The Southeast Quarter of the Northeast Quarter, The Northeast Quarter of the Southwest Quarter, The Northwest Quarter of the Southeast Quarter, The Southeast Quarter of the Southwest Quarter, and the Southwest Quarter of the Southeast Quarter, all in Section 28, Township 75 North, Range 21 West of the 5th P.M., Marion County, Iowa

Except

Parcel A of the NE 1/4 of the NW 1/4 of Section 28, Township 75 North, Range 21 West of the 5th P.M., according to the Plat of Survey recorded in Book 2018, Page 3986.

Locally known as: 330 Perry Street, Knoxville, Iowa 50138

Farm Details

FSA Cropland Acres: 246.16

- Corn: 115 Base Acres with a PLC Yield of 110

- Soybeans: 62.5 Base Acres with a PLC Yield of 40

CRP Acres: 59.80 - paying approximately $11,088 annually

- 43.37 acres enrolled into CP1 program paying $176.12 per acre or approximately $7,638 annually through 9/30/22

- 16.43 acres enrolled into CP4D program paying $209.97 per acre or approximately $3,450 annually through 9/30/23

Directions

From Knoxville, Iowa, head West on W Pleasant Street for 1.8 miles. Merge onto IA Highway 5 and travel Northwest for 4.7 miles until you reach Lisbon Street. Head West on Lisbon Street for 2.1 miles until you reach Highway S45. Go South on Highway S45 for 2.5 miles until you reach Newbold St. Travel West on Newbold Street for 1 mile until you reach 35th Avenue. Travel South on 35th Avenue for 1.6 miles until 35th Avenue bends West and turns into Perry Street. The farm will be located on the South side of Perry Street. Look for company signs.

Reserved Items

Personal property, machinery, grain in grain bins

Additional Info:

All agricultural buildings and grain bins to be included in the sale

Details

  • Sign On Property: Yes
  • MLS Number: 574303
  • Parcel Number: 0361300000, 0361400000, 0361500000, 0361600000, 0361700000, 0361800000, 1361900000, 0362000000, 0362100000
  • School District: Melcher-Dallas
  • General Area: Knoxville
  • Net Taxes: $8,205.09
  • CSR2: 71.20
  • Possession: At Closing
  • Terms: Cash/Conventional

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DRONE VIDEO

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