Hamilton County, IA
76.98 Acres M/L

3800 Block of Hammond Avenue |
Stratford, IA 50249 |
Listing #17450

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$916,000

Property Info

Description

Peoples Company is pleased to offer 76.98 acres m/l of productive Hamilton County, Iowa farmland located southeast of Stratford, Iowa. The nearly 100% tillable tract consists of 73.06 FSA cropland acres with a CSR2 rating of 75.2. The cropland acres are designated as HEL (Highly Erodible Land) with a conservation plan in place. The soil types on this farm are some of the best in Iowa, including Clarion loam, Terril loam, Webster clay loam, and Canisteo clay loam. These soil types cover over 77% of the tillable acres with a CSR2 of 85. All CRP contracts for the farm have been canceled and those acres are currently eligible for crop production. Multiple improvements have been made to the farm including intakes and private tile. This property is located southeast of Stratford, Iowa in Section 25, Marion Township, Hamilton County, Iowa.

Located in a strong farming community, this farmland tract would be a great add-on for an existing farming operation, a beginning farmer, or a smart investment for the Buyer looking to diversify their portfolio. The tract has convenient access to State Highway 17 with several competing grain marketing options located nearby. Don't miss the rare opportunity to own an exceptional farm in Hamilton County, Iowa.

The farm lease has been terminated and farming rights will be available for the upcoming 2024 crop season.

Legal Description

West half (W 1/2) of the Southwest quarter (SW1/4) excluding Auditor's Parcel Letter "C" per Survey Cabinet Slide 59A, page 19-20 filed Sept. 15th, 2022 of Section 25, T86N, R26W Hamilton County Iowa. Exact legal description to be taken from Abstract.

Directions

From Stratford, Iowa: Travel east out of town for approximately 4.5 miles on State Highway 175/360th Street until reaching Hammond Avenue. Turn right (south) onto Hammond Avenue and continue for 2.5 miles. The property will be on the east side of Hammond Avenue marked with a Peoples Company sign.

Sign On Property: Yes
School District: South Hamilton
General Area: Southeast of Stratford, Iowa
Net Taxes: $2,802.00
CSR2: 75.20
Possession: At Closing
Terms: Cash, Conventional

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