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Madison County, IA
160.00 Acres M/L

US Highway 169
Winterset, IA 50273

Price	$1,840,000
Listing	#15409

LAND AGENT

Matt Adams

Office: 515.222.1347
Mobile: 515.423.9235
Matt@PeoplesCompany.com

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Description

Peoples Company is pleased to offer 160-acres m/l located in the rolling hills of Madison County, Iowa. The property has an outstanding location ten minutes from the Des Moines Metro and offers scenic views of the surrounding area for miles! Conveniently located along paved US Highway 169 with easy access to Interstate 80, this property has two driveways and deep valleys suitable for construction of large ponds or water features. Opportunity for rural acreage development, executive building sites, or a long-term land hold just outside the growing Des Moines Metro and located within the Adel-DeSoto-Minburn (ADM) School District.

Improvements include electric and rural water services located along US Highway 169. Utilities are available with electricity provided through Mid-American Energy Company and rural water by Warren Rural Water District with a water line along the west side of US Highway 169. *Buyer should confirm with Warren Rural Water regarding capacity is available for their intended use. Internet service option is provided by Kinetic Windstream. There are no covenants on this land.

The farmland acres and pasture are currently rented for the 2021 farm year on a year-to-year farm lease. There are 120.48 FSA farmland acres with a CSR2 rating of 67.7 but 48.96 acres currently being in row crop production and the balance being utilized as pasture for grazing livestock. The CSR2 soil rating on these acres is 86.5.

Legal Description

The Northeast Quarter (NE ¼) of Section Twelve (12), Township Seventy-seven (77) North, Range Twenty-eight (28) West of the 5th P.M., Madison County, Iowa, EXCEPT that part thereof deeded to the State of Iowa for highway purposes. Exact legal description to be taken from Abstract.

Details

FSA Cropland Acres: 120.48
Corn: 40.50 base acres with a PLC Yield of 152
Soybeans: 40.50 base acres with a PLC Yield of 40
Farm is enrolled in ARC-CO Soybeans, PLC Corn

Directions

From De Soto, Iowa: Travel south on US Highway 169 for approximately 2.5 miles and the property will be located on the west side of the road. Look for the Peoples Company signs.

Sign On Property: Yes
MLS Number: 624750
Parcel Number: 190031224000000, 190031222000000, 190031226000000, 190031228000000
School District: Adel-DeSoto-Minburn Community School District
General Area: South of De Soto, Iowa
Gross Taxes: $3,548.00
CSR2: 67.70
Water: Warren Rural Water District
Zoning: Agricultural

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