Pending

Bremer County, IA
116.85 Acres M/L

270th Street/V62 Avenue
Fairbank, IA 50629

Price $1,507,365
Listing #18017

LAND AGENT

Travis Smock

Mobile: 319.361.8089
Travis.Smock@PeoplesCompany.com

Property Info

Description

Peoples Company is pleased to offer 116.85 acres m/l of high-quality farmland with a location just northwest of Fairbank in Bremer County, Iowa. This farm is nearly 100% tillable with 113.43 FSA tillable acres carrying an average CSR2 of 83, well above the county average. The main soil types include Marquis loam, Readlyn silt loam, and Clyde silty clay loam. Drainage has been improved over the years with over 44,000 feet of plastic tile installed in 1979, 1994, 1997, and 2020. The land lies along V62 Highway and 270th Street and is only four miles from the POET ethanol plant in Fairbank, Iowa. The current owner-operator has improved and taken excellent care of the land creating a turn-key opportunity for a local farmer to add to their operation or an investor to their portfolio. The farmland is located in Section 25 of Franklin Township, Bremer County, Iowa.

Legal Description

The West 1/2 of the Southeast 1/4 AND the Southeast 1/4 of the Southeast 1/4 of Section 25, Township 91 North, Range 11 West of the 5th P.M. except Parcel B in the Southeast 1/4 of the Southeast 1/4 of Section 25, Township 91 North, Range 11 West of the 5th P.M., Bremer County, Iowa.

Directions

From Fairbank: Travel west on Highway 281/102nd Street for 1 mile to V62 Highway/Y Avenue. At the intersection, turn north onto Y Avenue and travel for 2.5 miles to 270th Street. The farm will be located at the northwest corner of this intersection with frontage along 270th Street and V62.
  • Sign On Property: Yes
  • MLS Number: 708997
  • Parcel Number: 1225400005, 1225400003, 1225400001
  • School District: Wapsie Valley Community Schools
  • General Area: Northwest of Fairbank
  • Net Taxes: $3,784.00
  • CSR2: 83.00
  • Zoning: Ag


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Photos

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