Property Info

Description

Peoples Company is pleased to present 64.78 m/l acres of high-quality Guthrie County, Iowa farmland with 63.17 FSA tillable acres. Currently, 57.97 acres are being farmed carrying a CSR2 rating of 76.5. The farm contains highly productive soil types including Clarion loam, Lester loam, Webster clay loam, and Nicollet loam.

Located just four and one-half miles directly west of Yale, Iowa on paved County Highway F-25, this tract offers many possibilities as an affordable farm for a beginning farmer, great add-on farm to an existing farming operation, or a smart investment for the Buyer looking to diversify their portfolio. The property has had recent cleanup work to maximize tillable acres and a new 60' rock driveway installed along the west side of the property. There is an additional entrance into the farm located on the northeast corner.

In addition, there are several competing grain marketing options are located nearby including ethanol plants combined with a variety of grain elevators to merchandise crops. This farm is located in the Northwest Quarter of Section 3 in Victory Township, Guthrie County, Iowa and is available for the 2022 cropping season.

Legal Description

The Northwest Fractional Quarter (NW Frl 1/4) of the Northeast Quarter (NE 1/4) except Lot 1 thereof and the Northeast Fractional Quarter (NE Frl 1/4) of the Northwest Quarter (NW 1/4) except for Parcel A of the NE Frl 1/4 NW 1/4 pursuant to Survey recorded as Instrument #2019-3153, all in Section Three (3), Township Eighty (80) North, Range Thirty-one (31) West of the 5th P.M. in Guthrie County, Iowa, except land condemned by Guthrie County, subject to and together with any and all easements, covenants, and restrictions of record. Exact legal description to be taken from Abstract.

Directions

From Yale, Iowa: Head west on 160th Road for approximately 4.50 miles. The property will be located on the south side of the road.

From Guthrie Center, Iowa: Travel north out of town on Highway 25 for approximately 7 miles, turn right (east) onto 160th Road. Continue for approximately 3 miles and the property will be located along on the east side of the road.

• Sign On Property: Yes
• MLS Number: 643122
• Parcel Number: 1037102
• School District: Panorama Community School District
• General Area: Northwest of Panora, Iowa & West of Yale, Iowa
• Net Taxes: $1,712.00
• CSR2: 76.50
• Possession: At Closing, Subject To Tenant's Rights
• Terms: Cash, Conventional

Additional Info

Sellers are licensed real estate agents in the state of Iowa and have a financial interest in this property.

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