Pending
Buena Vista County, IA
80.00 Acres M/L
County Highway M54
Marathon, IA 50565
| Price | $1,005,585 |
| Listing | #17528 |
Property Info
Description
Peoples Company is pleased to present 80 m/l acres of farmland in Buena Vista County, Iowa located northwest of Marathon, Iowa along County Highway M54. The farm includes 73.4 FSA cropland acres with a CSR2 soil rating of 83.6. The cropland acres are designated NHEL with no conservation plan required. The balance of the tract is well-maintained grass waterways bordering the drainage ditch that runs through the farm. The tillable acres include highly productive Calco silty clay loam, Clarion loam, and Nicollet clay loam. The farm is located in Section 17 of Poland Township, in Buena Vista County, Iowa.
County Drainage Tile:
The farmland is situated within Drainage District 34, part of the Upper Open Ditch Segment, and Drainage District 198 on the East side of the farm. The County Drainage Tile on the farm consists of a 24" tile line running northwest across the property, which outlets water into the Open Drainage Ditch. See the attachment “Tile Map” or contact the Listing Agent for more details.
Currently, access is not available for crossing the open drainage ditch to reach the western portion of the property. It is currently being accessed through the property to the south via their crossing, and there is no formal easement in place. We have talked to the county drainage engineer and a local contractor about the process and cost of getting a crossing installed. Please contact the listing agent for more information.
Frontage on paved County Highway M54 provides great access from the east side of the property. There are several grain marketing outlets located nearby including grain elevators and ethanol plants. This farmland tract is located in a strong farming community and would make a great add-on to an existing farming operation or an investment for the Buyer looking to diversify their portfolio or hedge inflation.
The farm is leased for the 2024 crop year. The farm lease has been terminated and is open for the 2025 growing season.
County Drainage Tile:
The farmland is situated within Drainage District 34, part of the Upper Open Ditch Segment, and Drainage District 198 on the East side of the farm. The County Drainage Tile on the farm consists of a 24" tile line running northwest across the property, which outlets water into the Open Drainage Ditch. See the attachment “Tile Map” or contact the Listing Agent for more details.
Currently, access is not available for crossing the open drainage ditch to reach the western portion of the property. It is currently being accessed through the property to the south via their crossing, and there is no formal easement in place. We have talked to the county drainage engineer and a local contractor about the process and cost of getting a crossing installed. Please contact the listing agent for more information.
Frontage on paved County Highway M54 provides great access from the east side of the property. There are several grain marketing outlets located nearby including grain elevators and ethanol plants. This farmland tract is located in a strong farming community and would make a great add-on to an existing farming operation or an investment for the Buyer looking to diversify their portfolio or hedge inflation.
The farm is leased for the 2024 crop year. The farm lease has been terminated and is open for the 2025 growing season.
Legal Description
The South One-half of the Northeast Quarter (NE 1/4) of Section Seventeen (17), Township Ninety-three (93) North, Range Thirty-five (35) West of the 5th P.M., Buena Vista County, IA. Exact legal description to be taken from Abstract.
Directions
From Marathon, Iowa: Head north on 210th Avenue for 1.25 miles. The farm will be on the left hand (west) side of the road. Look for Peoples Company signage.
- Sign On Property: Yes
- MLS Number: 703682
- Parcel Number: 0417200004, 0417200005
- School District: Laurens-Marathon Community School District
- General Area: Northwest of Marathon, Iowa.
- Net Taxes: $2,310.00
- CSR2: 83.60
- Zoning: Agricultural
Interactive Map
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Photos
