Property Info

Description

Peoples Company is pleased to present a 92 acre m/l income-producing CRP farm located just northwest of Fairbank, IA. This property consists of 86.99 FSA cropland acres m/l carrying a CSR2 of 53.1 that is currently enrolled in the CP23 CRP program. The CRP contract pays $343.05 per acre with an annual payment of $29,841.92. The farm is adjacent to a large wooded wildlife area creating opportunities for whitetail deer and upland bird hunting with the potential to create a habitat for waterfowl birds as well. This tract is located between Readlyn and Fairbank along 270th Street in Sections 27 & 28 of Franklin Township, Bremer County, IA. An adjacent 125 acres m/l with timberland, CRP, and Wapsipinicon River access is also available.

Legal Description

The East Half of the East Half of the Southeast Quarter of Section 28 AND the West Half of the Southwest Quarter EXCEPT the East 462 feet thereof, in Section 27, all in Township 91 North, Range 11 West of the 5th P.M., Bremer County, Iowa. Exact legal description to be taken from Abstact.

Directions

From Fairbank, head west on Highway 281 for 3.25 miles to the curve. Turn north off of the curve onto Whitetail Avenue for approximately 1.25 miles and follow the curve onto 270th Street. Continue on 270th Street for 0.25 miles past the curve for approximately 0.5 miles and the property will be located on the north side of the road.

• Sign On Property: Yes
• MLS Number: 668560
• Parcel Number: 1228400011, 1227300011, 1227300009, 1228400009
• School District: Wapsie Valley Community School District
• General Area: Northeast Iowa
• Net Taxes: $1,888.00
• CSR2: 53.10
• Possession: At Closing
• Terms: Cash

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