Madison County, IA

280th Street
Macksburg, IA 50155

148.64 Acres M/L
Price: $713,472 Price Per Acre: $4,800

Listing #: 14545

Agents

PROPERTY INFO

Description

Offering 148.64 Acres m/l in Madison County, Iowa.  Located just southwest of Winterset and within 45 minutes of the Des Moines metro, this diverse combination farm consists of rolling upland prairie and mature timber draws with recreational opportunities for bird and deer hunters alike. The property offers 112.06 FSA cropland acres with a weighted average CSR2 of 51.7, all of which are enrolled in CRP.  Annual income of $22,356 offers a respectable return on investment. Amazing views with multiple building site locations. This recreational/investment opportunity is located in Section 2 of Grand River Township and Section 35 of Webster Township, just north of Macksburg, IA.

Legal Description

The North Fractional Half (1/2) of the Northeast Quarter (1/4) of Section Two (2) in Township Seventy-four (74) North, Range Twenty-nine (29) West of the 5th PM, and the South Half (1/2) of the Southeast Quarter (1/4) of Section Thirty-five (35) in Township Seventy-five (75) North, Range Twenty-nine (29) West of the 5th PM, Madison County, Iowa, EXCEPT Parcel “A” located in the Southwest Quarter (1/4) of the Southeast Quarter (1/4) and the Southeast Quarter (1/4) of the Southeast Quarter (1/4) of said Section Thirty-five (35), containing 11.14 acres, as shown in Plat of Survey filed in Book 2003, Page 7490, on December 24, 2003, in the office of the recorder of Madison County, Iowa subject to easements and restrictions of record. Exact legal description to be taken from the abstract.

Farm Details

FSA Cropland Acres: 112.06

112.06 Acres CRP: Total annual Income of $22,356 across 4 contracts

9.46 Acres CP42 with an annual payment of $2,484 expiring 2026

46.71 Acres CP25 with an annual payment of $9,206 expiring 2023

51.45 Acres CP38E-4D with an annual payment of $9,665 expiring 2025

4.44 Acres CP42 with an annual payment of $1,001 expiring 2025

  • Sign On Property: Yes
  • MLS Number: 584428
  • Parcel Number: 600123586002000 ; 600123588002000 ; 630130222000000 ; 630130224000000
  • School District: Orient-Macksburg
  • General Area: Macksburg
  • Net Taxes: $1,741.99
  • CSR2: 51.70

Directions

From Winterset: Take Highway 92 West 7 miles to Deer Run Avenue. Go south on Deer Run 6 miles to 280th Street. Take 280th East for 1 1/2 miles. The property is on the North and South side of 280th Street just West of Fawn Avenue.

INTERACTIVE MAP

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DRONE VIDEO

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