Property Info

Description

Peoples Company is pleased to offer this exceptional farmland opportunity in Warren County, Iowa. Chances to own farmland in this area are hard to come by. This asset in particular, has been meticulously farmed and maintained by one sole  owner/operator for nearly 50 years. Soil fertility and conservation practices have been held in the highest regard throughout their tenure and ownership of the property. This farm is guaranteed with a considerable amount of revenue protection which can be transferred to the new owner. Of the 160 acres m/l, 105 are FSA tillable and carry a CSR2 value of 55.7. Primary soil types include Pershing loam, Zook loam, and Colo loam.

The remainder of the land consists of, and is surrounded by, big hardwood timber, retreat draws, and creek beds which accommodate a very large herd of whitetail deer and multiple flocks of turkey. Many would consider this farm to be exemplary of the extensive whitetail history and potential that Southern Iowa, and Warren County in particular, have to offer. The rich narrative of this farm and decades of quality deer management, present a unique opportunity to own a highly productive piece of land that also offers the whitetail experience that many so desire.

This property is located just West of Milo in Sections 34 & 35 of Otter Township, Warren County, Iowa with immediate access by way of Polk Street.

Legal Description

The West Half (W 1/2) of the Northwest Quarter (NW 1/4) in Section 35 and the South Half (S 1/2) of the Northeast Quarter (NE 1/4) in Section 34 Township 25, Range 23 West of the 5th PM in Warren County, Iowa. The exact legal description will be taken from the abstract, prior to closing.

Details

Total FSA Cropland - 105 Acres
Corn - 65.40 base acres, PLC yield of 108
Soybeans - 17.7 base acres, PLC yield of 35
Wheat - 8.70 base acres, PLC yield of 35

Directions

From Indianola, Iowa - Head South on Highway 65/69 for 5.3 miles. Turn East onto Highway G58 and continue for 3.3 miles. At 173rd Avenue, head South for 1.3 miles until you come to the "T" intersection at Polk Street. The entrance to the property will be on the South side of Polk Street.

From Milo, Iowa - Head West on Highway G58 for approximately 1.9 miles. Turn South onto 173rd Avenue and continue for approximately 1.3 miles until you come to the "T" intersection at Polk Street. The entrance to the property will be on the South side of Polk Street.

Please look for company signage.

• Sign On Property: Yes
• MLS Number: 591583
• Parcel Number: 17000350440, 17000350460, 17000340280, 17000340260
• School District: Southeast Warren
• General Area: Milo
• Net Taxes: $2,318.00
• CSR2: 55.70
• Possession: At Closing
• Terms: Cash or Conventional

Improvements

This farm offers an array of improvements including; 40,000 feet of drainage tile, three ton of lime application in 2015, no-till farming practice for the past 49 years, rural water, electric, and newer south side fencing to name a few.

Additional Info

The seller is offering to lease back the tillable acres at a competitive rate and is willing to accommodate the future owners preference on a closing date. December 1st CRP enrollment will be available through FSA and can be negotiated upon with seller. Yield information will be provided upon request.

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