Poweshiek County, IA

172 455th Avenue
Grinnell, IA 50112

160 Acres M/L
Price: $800,000 Price Per Acre: $5,000

Listing #: 14847

Agents

PROPERTY INFO

Description

Offering 160 acres m/l of Iowa farmland situated in the rolling hills of Poweshiek County, Iowa. This property offers a combination of high-quality row crop and pasture acres allowing for crop production and livestock grazing. The farm consists of 155.19 FSA tillable acres with an estimated 54.28 acres currently being farmed. These acres are highly productive with a CSR2 rating of 77.5 with a primary soil type of Tama Silty Clay loam. Conservation measures have been actively applied with well-maintained waterways and terraces.

Pasture is a key attribute of this property offering 57.04 acres m/l of pasture including a pond as the main water source. Fences are installed creating paddocks for rotational grazing purposes. Current pasture acres have a past cropping history and are included in the 155.19 FSA Cropland Acres.

There is a remaining 43.87 acres m/l of CRP (Conservation Reserve Program) that is currently expired. There are a few options a Buyer could elect to pursue – the CRP acres could be re-enrolled into a CRP program prior to the sign up deadline or converted back into tillable farmland production.  An updated conservation plan would be desired by the Poweshiek County FSA / NRCS Office. Current CRP acres have a past cropping history and are included in the 155.19 FSA Cropland Acres.

The current building site is situated with an older house, two car detached garage and a 24' X 48' Quonset building with concrete floors. Dwellings will be sold “As Is, Where Is”. Buyer will be responsible for the cost of any improvement, replacement, or repairs to the current septic/wastewater treatment system. This building site is serviced by the Poweshiek Water Association.

Legal Description

The Southeast Quarter of Section Nineteen (19), Township Seventy-nine (79) North, Range Sixteen (16) West of the 5th P.M., containing approximately 160 acres, more or less. Exact Legal Description to be taken from the Abstract.

Farm Details

FSA Cropland Acres: 155.19
Corn: 53 Base Acres with a PLC Yield of 130
Soybeans:  10.5 Base Acres with a PLC Yield of 46

  • Sign On Property: Yes
  • MLS Number: 598749
  • Parcel Number: 2091100, 2090900, 2091000, 2091200
  • School District: GRINNELL NEWBURG SCHOOL
  • General Area: Grinnell, Iowa
  • Net Taxes: $3,748.00
  • CSR2: 77.50
  • Possession: At Closing
  • Terms: Cash, Conventional

Directions

From Interstate 80 take Exit 182 (Grinnell) Exit and travel south for approximately 4 miles. Turn west onto 455th Avenue and travel for approximately 1 mile. Property will be located on the southwest side of 455th and 20th Street. Look for Peoples Company sign.

From Searsboro, IA travel north on Highway 146 for approximately 5 miles. Turn west onto 455th Avenue and travel for approximately 1 mile. Property will be located on the southwest side of 455th and 20th Street. Look for Peoples Company sign.

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