Franklin County, IA
35.95 Acres M/L

90th Street/Fir Avenue
Dows, IA 50071
Listing #17078

Sold

$488,920

Property Info

Description

Franklin County, Iowa Farmland Available! - Peoples Company is offering 35.95 surveyed acres m/l of high-quality Franklin County, Iowa farmland! Situated east of Dows, Iowa, this property includes 34.22 FSA cropland acres carrying an impressive CSR2 rating of 85.1. The cropland acres are classified as NHEL (Non-Highly Erodible Land), meaning a conservation plan is not necessary. The farm has very consistent soil types with over 75% of the farm consisting of Clarion loam soils. The farm is located on the southwest corner where 90th Street and Fir Avenue intersect, just over a mile away from paved County Highway C47. The farm is also conveniently located only 4 miles from Interstate 35. In the spring of 2023 terraces were removed to improve the farmability of the property. The farm has a gentle slope to the west, allowing water to flow off the property.

Included in the sale of this property is an Alliant Wind Energy Lease with an annual payment of $182.12.

There are several competing grain market options nearby including ethanol plants combined with a variety of grain elevators. This highly tillable farmland tract is located within the northeast quarter of the northwest quarter of Section 36 in Morgan Township, Franklin County, Iowa. The affordable size of this farm would make a great add-on to an existing farming operation, or for a beginning farmer looking to make a purchase. It also presents an attractive investment for the Buyer looking to diversify their portfolio. Don't miss this rare opportunity to purchase land in a tightly held area! Contact the listing agent for more details.

*Note: A partial owner of this property holds an active Iowa Real Estate License.

Legal Description

The Northeast Quarter of the Northwest Quarter (NE ¼ of NW ¼) of Section Thirty-six (36), Township Ninety-one (91) North, Range Twenty-two (22) West of the 5th P.M., Franklin County, Iowa EXCEPT County Auditor's Parcel Letter "A" located in the Northwest Quarter (NW ¼) of said Section, as shown by the Plat of Survey recorded in the office of the Franklin County Recorder as Instrument No. 20060617. Exact legal description to be taken from Abstract.

Directions

From Dows, Iowa: Travel north out of town on Wright Avenue for approximately 0.5 miles to 95th Street. Turn right (east) and continue on 95th Street, which turns into County Highway C47, for approximately 5.25 miles to Finch Avenue. Turn right (south) and continue for approximately 1 mile to 90th Street. Turn left (east) and continue for approximately 0.25 miles. The property is located on the south side of 90th Street. Look for the Peoples Company Signs.

  • Sign On Property: Yes
  • MLS Number: 681118
  • Parcel Number: 936100006
  • School District: Clarion - Goldfield - Dows Community School District
  • General Area: East of Dows, Iowa
  • Net Taxes: $1,204.00
  • CSR2: 85.10
  • Possession: At Closing, Subject to Tenants Rights.

Interactive Map

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Photos

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