Listing #18492 - 48.64 acres in IA

New Listing

Fayette County, IA
48.64 Acres M/L

W Avenue
Westgate, IA 50681

Price	$625,000
Listing	#18492

LAND AGENT

Travis Smock

Mobile: 319.361.8089
Travis.Smock@PeoplesCompany.com

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LAND AGENT

John Reburn

Office: 515.222.1347
Mobile: 515.330.8710
JohnR@PeoplesCompany.com

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Property Info

Description

Peoples Company is pleased to present 48.64 surveyed acres of high-quality farmland located in southwest Fayette County, Iowa. The farm is nearly 100% income-producing with 47 estimated FSA tillable acres carrying a CSR2 of 84.5. The land is gently sloped with some tile providing excellent drainage. Farmland of this size and quality rarely hits the open market and provides a great opportunity for a 1031 exchange, beginning farmer, or investor buyer. There are multiple grain marketing outlets in the area with the Fairbank POET ethanol plant located just 10 miles to the south. The land is situated northwest of Westgate along paved Highway V68/W Avenue in Section 17 of Fremont Township, Fayette County, Iowa.

Legal Description

Parcel 'C' being part of the Southeast Quarter of the Northeast Quarter (SE1/4-NE1/4) and part of the Northeast Quarter of the Southeast Quarter (NE1/4-SE1/4); all in Section Seventeen (17), Township Ninety-two (92) North, Range Ten (10) West of the Fifth Principal Meridian, Fayette County, Iowa containing 48.64 acres, more or less. Exact legal description to be taken from Abstract.

Directions

From Westgate, head west on 100th Street for 2 miles until reaching W Avenue. Turn right (north) on W Avenue for 0.75 miles. The property is located on the west side of W Avenue.

MLS Number: 722916
Parcel Number: Part of 1317200007
School District: West Central Community School District
General Area: Northwest of Westgate
Net Taxes: $1,736.00
CSR2: 84.5
Zoning: Agriculture

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