Guthrie County, IA
161.00 Acres M/L

Redwood Avenue |
Guthrie Center, IA 50115 |
Listing #16207

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$1,460,000

Property Info

Description

Peoples Company is honored to represent the sale of 161-acres known as the Richard “Dick” Arganbright Farm in Guthrie County, Iowa. The Arganbright Family is an established name in the area with deep family roots and a family tree that consists of 10 siblings and over 50 nieces and nephews. This farm has been a part of the Arganbright family heritage for several decades and the first time it is available for sale since the family took ownership.

The farm is located just southwest of Panora, Iowa and is accessed by a 33 ft. wide owned driveway from Redwood Avenue. The gently rolling farm is a total of 161 acres and consists of an estimated 115.99 FSA tillable acres carrying a CSR2 value of 67.8. The primary soil types are Sharpsburg silty clay loam and Shelby clay loam. There are 37 acres of pasture that includes a block of heavy timber that would make for a smaller, but mighty, hunting tract. An additional parcel of land is available and adjoins the east side of this tract. This tract consists of 40.74 Acres and is Peoples Company Listing #16208.

This farm is in a desirable neighborhood with close proximity to Lake Panorama and a 40 minute drive to the western edge of the Des Moines Metro. A great opportunity for an existing farm operation to add acres or a smart investment for land investors looking to diversify their portfolio. There are several competing grain marketing options located nearby including ethanol plants and a variety of grain elevators. Both the farmland and pasture are leased for the 2022 farm year by members of the Arganbright Family and would be interested in continuing their tenancy on the farm. Located in Sections 12 & 13 of Valley Township, Guthrie County, Iowa.

Legal Description

The West Half of the Southeast Quarter (W 1/2 SE 1/4) and East Half of the Southwest Quarter (E 1/2 SW 1/4) of Section Twelve (12), and the North 33 feet of the Northwest Quarter of the Northwest Quarter (NW 1/4 NW 1/4) and the North 33 feet of West 33 feet of Northeast Quarter of the Northwest Quarter (NE 1/4 NW 1/4) of Section Thirteen (13), all in Township Seventy-nine (79) North, Range Thirty-one (31) West of the 5th P.M., Guthrie County, Iowa. Exact legal description to be taken from Abstract.

Directions

From Panora, Iowa: Travel west out of town on State Highway 44 for approximately 2.75 miles and turn left (south) onto Redwood Avenue. Continue south for approximately 1.75 miles and the farm will be located on the east side of the road. Look for the Peoples Company sign.

Sign On Property: Yes
MLS Number: 653750
Parcel Number: 0000920800; 0000918900; 0000919000; 0000918300; 0000918500
School District: Panorama Community School District
General Area: Southwest of Panora, Iowa
Gross Taxes: $3,686.00
CSR2: 67.80
Possession: At Closing, Subject to Tenant's Rights
Terms: Cash / Conventional

Additional Info

*Showings by appointment only. Please do not enter the farm without listing agent or without the prior approval of listing agent.

*To improve the accessibility of the farm, the adjoining landowner to the 33 ft. wide driveway would consider selling a small parcel immediately north of the far east side of the access lane. Any offers would be subject to and contingent upon adjoining landowner agreeing to the sale. Contact listing agent for additional information.

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