Greene County, IA

Highway 30
Ralston, IA 51459

294.43 Acres M/L
Price: $2,350,000 Price Per Acre: $7,982

Listing #: 14882

Agents

PROPERTY INFO

Description

Opportunity to own high quality farmland along the Greene/Carroll County line. The property is being offered as a unit consisting of 294.43 acres m/l and as individual farmland tracts of 239.77 acres m/l (Listing #14878) and 54.66 acres m/l (Listing #14879). The two farms as a unit boasts a total of 266.38 current FSA Tillable Acres carrying a CSR2 of 75.9. This farm features Nicollet Loam with a CSR2 of 91 as its predominant soil type. The farm is located less than a mile from the Ralston Landus Cooperative and has a strong yield history making this an excellent investment farm or add-on piece to an existing farming operation. The farmland is located on the eastern edge of Ralston, Iowa in Section 31 of Kendrick Township, Greene County, Iowa.

The farm is improved with two 7 tower Lindsay irrigation pivots. Both irrigation pivots pull water from a 170 feet deep well located at the base of the north pivot. The water use permit allows 150 acre feet per year at a maximum rate of 800 gallons per minute during April 1st to September 30th of each year for irrigation on 170 acres. The current well permit expires on July 6th, 2023. Contact agent for copies of the water use permit.

Farm is leased for the 2020 crop year. There is a tile easement and agreement on the property. The easement allows the neighbor to the west to install tile and outlet water into Otter Creek (contact agent for details). 

Legal Description

NWfr¼ EXCEPT Lot 1 in the NE¼ NW¼; and that part of the SWfr¼ lying North of the Railroad Right-of-Way, ALL IN Section 31, Township 84 North, Range 32 West of the 5th P.M., Greene County, Iowa EXCEPT: Commencing at the SW comer of the NW¼ of Section 31, Township 84 North, Range 32 West of the 5th P.M., Greene County, Iowa, thence East 40 feet to the place of beginning, thence North 60 feet, thence East 60 feet, thence South 60 feet, thence West 60 feet to the place of beginning. 

AND

That part of the SWfr¼ lying South of the Railroad Right-of-Way EXCEPT Lot 3 in the SW¼ SW¼ of Section 31, Township 84 North, Range 32 West of the 5th P.M., Greene County, Iowa. Exact legal description to be taken from abstract.

Farm Details

FSA Cropland Acres: 266.38
Corn: 209.5 Base Acres with a PLC Yield of 163
Soybeans: 56.7 Base Acres with a PLC Yield of 48
*Base Acres to be reconstituted by the Greene County FSA Office after sale

  • Sign On Property: Yes
  • Parcel Number: 0531100007, 0531100001, 0531100008, 0531100005, 0531300004, 0531300001, 0531300003, 0531300005
  • School District: Glidden Ralston Community School District
  • General Area: East of Ralston
  • Net Taxes: $6,718.00
  • CSR2: 75.90
  • Possession: At Closing, Subject to Tenant's Rights
  • Terms: Cash, Conventional

Directions

Farm is located on the eastern edge of Ralston, Iowa.

From Scranton, Iowa: Travel north out of Scranton on IA Highway 25 for 1 mile until reaching US Highway 30. Turn left (west) on US Highway 30 for four miles until reaching 210th Street. The farm is located on the southwestern edge of US Highway 30 and the southern edge of 210th Street. Look for signs.

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