Greene County, IA
202.82 Acres M/L

270th Street & Q Avenue
Jefferson, IA 50129
Listing #17663


$1,723,150

Property Info

Description

Peoples Company is pleased to present this impressive 202.82-acre m/l property located 4 miles southeast of Jefferson, Iowa in the heart of Greene County. Etched out by the natural flow of the North Raccoon River, this property features recreational opportunities, income-producing cropland, CRP acres, and access to the river. Evidence of a strong deer population is present, and the combined timber and CRP acres make this an ideal habitat for other wildlife species including turkeys, ducks, and pheasants. It will be offered as two individual tracts, each with varying opportunities, making it an excellent investment for the buyer looking to diversify their portfolio, or for any outdoor enthusiast looking for a unique recreational property to make their own. 

As a whole, the property consists of 119.76 FSA cropland acres m/l of which 51.02 m/l are in row-crop production and 68.74 acres are currently enrolled in the Conservation Reserve Program (CRP). The remaining acres consist of mature timber throughout the property and along the river. The unique flow of the river and the layout of the property has created scenic viewpoints that any buyer would appreciate. Access to the river provides fishing opportunities, as well as a unique territory that attracts various wildlife as a water source.

Tract 1 consists of approximately 49.21 acres m/l and 28.95 FSA tillable acres with a CSR2 soil rating of 54.5. There are also approximately 3.53 acres currently enrolled in CRP. See tract details for more information. 
Tract 2 consists of approximately 153.61 acres m/l and 22.07 FSA tillable acres with a CSR2 soil rating of 31.2. Additionally, there are 65.21 acres currently enrolled in CRP. See tract details for more information. 

Within close proximity to Jefferson, Iowa, this tract offers a reprieve from the city lifestyle and would be a great weekend getaway location. Whether you’re a hunter, farmer, or an outdoor enthusiast, this property is truly one of a kind. There currently is a main trail that runs through Tract 2 and curves north towards the cropland and CRP acres. Additional trails could be easily made, providing more expansive access to the remote portions of the property. This combination of timber, water, and income is truly a unique opportunity and positions a buyer with multiple avenues of income.

Additionally, an acreage nestled on 27.68 acres m/l of scenic countryside is available. The spacious 5-bedroom, 3-bathroom ranch offers over 3,500 SF of luxurious living space, featuring vaulted ceilings, hardwood floors, and updated lush carpet. To view this listing, click here

Legal Description

Long legal description on file, exact legal description to be taken from the Abstract. 
  • Sign On Property: Yes
  • School District: Greene County Community School District
  • General Area: Southeast of Jefferson
  • Possession: At Closing, Subject to Tenant's Rights
  • Terms: Cash, Conventional

Interactive Map

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Tract 1 - 270th Street, Jefferson, IA 50129

Tract 1
Price: $501,950
Price Per Acre: $10,200
Attachments
Description
Tract 1 consists of approximately 49.21 acres m/l with 32.48 FSA cropland acres, featuring 28.95 acres of income-producing cropland with a CSR2 soil rating of 54.5. Prominent soil types include Spillville loam, Estherville sandy loam, and Lester loam. Additionally, around 3.53 acres are currently enrolled in two different CRP contracts, with the remaining acres covered in mature timber. 

The CRP contract details are listed below:
Contract #12092 - 2.97 acres enrolled in Filter Strips (Practice CP21) with an annual payment of $820 ($276.18 per acre. This contract is set to expire September 2033.
Contract #11471 - Approximately 0.56 acres enrolled in Filter Strips (Practice CP21) with an annual payment of $168 ($300 per acre). This contract is set to expire September 2027

Overlooking the North Raccoon River, this property boasts scenic views of natural water formations, mature hardwoods, and a gently rolling topography, highlighting the natural beauty of Greene County, Iowa. Offering exceptional recreational opportunities such as hunting and fishing, it also provides a serene and peaceful environment. Accessible from the south via 270th Street, it presents numerous possibilities for those seeking to expand their operations or escape from everyday life. 
Legal Description
Exact legal to be taken from the Abstract.
Details
  • Acres: 49.21 Acres M/L
  • Parcel Number: 1126300005, Portion of 1126300007

Directions
From Jefferson, Iowa: Head south on North Elm Street for 3 miles. Then, turn left (east) onto 265th Street for 1.5 miles. Continue on P Avenue for 0.2 miles. Then turn left onto 267th Street and go for 1 mile. Continue onto Q Avenue for 0.2 miles. Continue onto 270th Street for 0.2 miles. The farm will be on the left-hand side (north) of the road. Look for Peoples Company signage.

Tract 2 - Q Avenue, Jefferson, IA

Tract 2
Price: $1,221,200
Price Per Acre: $7,950
Attachments
Description
Tract 2 is approximately 153.61 acres m/l, featuring 87.28 FSA cropland acres with 22.07 acres in row-crop production with a CSR2 soil rating of 31.2 and 65.21 acres currently enrolled in two separate CRP contracts. Prominent soil types include Estherville sandy loam and Wadena loam. The balance of the tract is covered with mature timber, providing a diverse habitat and scenic view. 

CRP Contract Details:
Contract #11215 - 12.61 acres enrolled in Bottomland Timber Establishment on Wetlands (CP31) with an annual payment of $2,672 ($363.32 per acre). This contract is set to expire in September 2030.
Contract #11933 - 52.60 acres enrolled in Rare and Declining Habitat, Iowa Prairie Restoration (CP38E-25) with an annual payment of $13,058 ($248.25 per acre). This contract is set to expire in September 2031. 

The tract offers great access to the North Raccoon River and features a well-maintained path through the southern portion of the tract that eventually curve north and follows the tree line towards the CRP acres. Mature timber lines the river’s edge and provides a great habitat for deer, ducks, and turkeys. There is a blind located in the northeast corner of the tract being sold “as-is, where-is”. 

Picturesque views will not be hard to come by on this farm. With tillable, CRP, and timber acres available, this is the perfect escape from the fast-paced urban life, a great add-on piece to an existing operation, or a dream property for any outdoor enthusiast. Enjoy being surrounded by nature and the quiet tranquility the river offers. 
Details
  • Acres: 153.61 Acres M/L
  • Parcel Number: 1126100002, 1126100004, 1126400004, Portion of 1126300001, Portion of 1126300002

Directions
From Jefferson, Iowa: Head south on North Elm Street for 3 miles. Then, turn left (east) onto 265th Street for 1.5 miles. Continue on P Avenue for 0.2 miles. Then turn left onto 267th Street and go for 1 mile. Continue onto Q Avenue for 0.2 miles. The farm will be on the left-hand side (east) of the road. Look for Peoples Company signage.

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