Fayette County, IA
104.02 Acres M/L

Highway 3
Oelwein, IA 50662
Listing #15546

Sold

$1,144,220

Property Info

Description

Offering 104.02 acres m/l of high-quality Fayette County, Iowa farmland. This farm is nearly 99% tillable with approximately 102.43 tillable acres carrying a CSR2 of 86.5. Highly productive soil types include Kenyon, Floyd, Clyde & Readlyn Loams. The farm is level to gently rolling with a slight roll towards a single waterway that carries any water off of the farm efficiently. With an excellent location just north of Oelwein along Iowa Highway 3, this is an ideal property for investor owners or local farmers looking to expand their operation. The Seller has two additional farms in the area available including 117.44 acres located directly adjacent to this tract, and 83.44 acres laying along IA Highway 150. This farm is located in Section 4 of Jefferson Township, Fayette County, Iowa.

Legal Description

104.02 Acres M/L located in the S 1/2 of Section 4, Township 91 N, Range 9 West of the 5th P.M., Fayette County, Iowa. Exact legal description to be taken from the Abstract.

Details

Est. FSA Cropland Acres: 102.43
Est. Base Acres: 102.43
Est. Corn Base Acres: 60.36 with a PLC Yield of 154
Est. Soybean Base Acres: 45.07 with a PLC Yield of 45
*Base Acres subject to change when the farm is reconstituted by the Fayette County FSA Office.

Directions

From Oelwein, travel north on North Frederick Avenue/Highway 150 for 2 miles to the intersection of Highway 150/Highway 3. Head west on Highway 3 for 0.1 mile and the entrance to the farm is on the north side of the road. Look for signs.

  • Sign On Property: Yes
  • MLS Number: 630157
  • Parcel Number: 1804300012
  • School District: Oelwein Community Schools
  • General Area: North of Oelwein
  • Net Taxes: $3,890.00
  • CSR2: 86.50
  • Possession: At Closing, subject to Tenant's rights
  • Terms: Cash, Conventional

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