Greene County, IA
80.00 Acres M/L

L Avenue
Jefferson, IA 50129
Listing #16938

Sold

$1,240,000

Property Info

Description

Greene County, Iowa Farmland Available - Peoples Company is pleased to present 80 acres m/l of prime Greene County, Iowa farmland. This tract is located on L Avenue south of Jefferson, Iowa; north of Bagley, Iowa; and in Section 23 of Greenbrier Township. This nearly 100% tillable farm consists of 78.30 FSA cropland acres with a CSR2 soil rating of 82.4, which compares to the Greene County average of 78.3. The primary soil types on the property include Canisteo clay loam, Clarion loam, and Nicollet loam.

Approximately 4,300 linear feet of 6", 10" & 12" county drainage tile runs across the property. Located in the middle of Drainage District 11, the drainage tile outlets water to the west side of the farm, from there water runs through a county main and dumps into an open ditch in Section 14 of Greenbrier Township. See attached Tile Map or contact the Listing Agent for more details. The farm is leased for 2023 but the farm lease will be terminated and open for the 2024 farm year.

This high-quality farmland tract is located in a strong farming community and would make a great add-on tract to an existing farming operation or an investment for the Buyer looking to diversify their portfolio or hedge inflation. There are several grain marketing outlets located nearby including grain elevators and ethanol plants that can be accessed by both county and state paved highways.

Legal Description

The North Half (N ½) of the Southeast Quarter (SE ¼) of Section Twenty-three (23) Township Eighty-two (82) North, Range Thirty-one (31) West of the 5th P.M., Greene County, Iowa. The exact legal description is to be taken from the Abstract.

Directions

From Jefferson, Iowa head south out of town on Iowa Highway 4 for approximately 5.25 miles, then turn right (west) on 290th Street. Proceed west on 300th Street for 2.5 miles until you reach L Avenue. Turn left (south) on L Avenue and proceed straight for 2.5 miles, the farm will be located on the west side of the road. Look for the Peoples Company sign.

  • Sign On Property: Yes
  • MLS Number: 676088
  • Parcel Number: 1423400001; 1423400002
  • School District: Greene County School District
  • General Area: South of Jefferson, Iowa
  • Net Taxes: $2,970.00
  • CSR2: 82.40
  • Possession: At Closing, Subject to Tenants Rights.

Interactive Map

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Photos

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