Sold

Fayette County, IA
161.50 Acres M/L

20th Street
Oelwein, IA 50662

Price	$1,700,000
Listing	#17916

LAND AGENT

Travis Smock

Mobile: 319.361.8089
Travis.Smock@PeoplesCompany.com

Contact

View Listings View Bio

Info
Map
Photos
Video
Downloads

Property Info

Description

Fayette County Farmland Available! Offering 161 acres m/l of high CSR2 land located just southwest of Oelwein in Section 31 of Jefferson Township. The farm currently provides an estimated 136.72 FSA cropland acres carrying an average CSR2 of 86.3. The farm is designated NHEL (non-highly erodible land) and the main soil types are the productive Kenyon, Floyd, and Clyde Clay loams. A 10.6 acre portion of the non-tillable area is considered a Farmable Wetland with older tile located below the surface. The remaining 14.4 non-tillable acres in this area are not considered wetlands and could be tiled and farmed. The majority of the non-tillable area offers excellent soil types and would significantly increase farm production. If preferred, this area could also offer ample recreational opportunities with signs of many turkeys and upland birds as well as bedding areas for whitetail deer. The farm is situated in a prime area for row crop production with the Fairbank ethanol plant just three miles away and the Cedar Rapids and Mississippi River grain outlets each within sixty miles. The farm has access and road frontage along 20th Street and an additional access point will be given via permanent easement through the west edge of the acreage site. The acreage amount may change slightly when the building site is surveyed off from the farmland. Whether you are a local farmer or investor, you won't want to miss the opportunity to own this farm with significant upside potential!

Legal Description

The East Half of the Northwest Quarter EXCEPT a parcel to be surveyed (~4-acre acreage site), the North Half of the Northeast Quarter of the Southwest Quarter, and the North Half of the Northeast Quarter EXCEPT the East 495 feet, all in Section 31, Township 91 North, Range 9 West of the 5th P.M, Fayette County, Iowa. Exact legal description will be taken from Abstract.

Directions

From Downtown Oelwein: Travel west on West Charles Street for 1.6 miles to R Avenue. head south on R Avenue for 1.5 miles to 20th Street. Turn west on 20th Street and travel for .10 mile. The farm will be on the south side of the road.

Sign On Property: Yes
MLS Number: 705946
Parcel Number: 1831100007, 1831200009
School District: Oelwein Community School District
General Area: Southwest of Oelwein
Net Taxes: $5,500.00
CSR2: 86.30
Zoning: Ag

Interactive Map

Use the Interactive Map to explore the property's regional location. Zoom in and out to see the property's surroundings and toggle various mapping layers on and off in the Map Layer Menu.