Property Info

Description

High quality farmland available in Fremont County, Iowa! Peoples Company is pleased to have the opportunity to market this desirable 128 acre m/l farm located just South of Shenandoah, Iowa off of Highway 59. There are approximately 122.05 tillable acres carrying a CSR2 of 75.8 - well above the Fremont County average. The primary soil type on this farm is Marshall silty clay loam with various moderate range slopes. The current owner/operator has invested extensive time and resources into terracing and maintaining this farm to divert water and keep the rich soil in place. The seller mentioned that he regularly harvests 200 bushel corn and 60 bushel beans on this farm.

Land in this area is becoming harder and harder to come by and rarely makes it to the open market, making this an attractive add-on to an existing farming operation or a solid long term investment holding. This farm is owner operated and is open for the 2021 crop year! For an investor considering this farm, the seller would be interested in a sale lease back at an attractive rate. This farm is located in the Northeast Quarter of Section 10 in Locust Grove Township in Fremont County, Iowa.

Legal Description

128 Acres M/L Located in Section 10 of Locust Grove Township in Fremont County, Iowa. Exact legal description to be taken from the abstract.

Details

FSA Farmland Details Provided Upon Request

Directions

From Shenandoah, Iowa, head South on Highway 59 for 8.6 miles. Turn right and head West on 280th St for 1.1 miles. The property will be on the South side of 280th St.

• MLS Number: 614391
• Parcel Number: 080080157000000, 080080156000000, Portion of 080080155000000 & 080080154000000
• School District: Shenandoah
• General Area: Shenandoah
• Net Taxes: $3,600.00
• CSR2: 75.80
• Possession: At Closing, Subject to Tenant's Rights
• Terms: Cash or Conventional

Covenants

None

Improvements

Terracing, Tile

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Photos