Jasper County, IA

W 140th St N / N 99th Ave W
Mingo, IA 50168

117.49 Acres M/L
$997,400

Listing #15046

PROPERTY INFO

Description

High quality farm in strong farming area available for the first time in over 90 years! Peoples Company is pleased to be representing the owners of 117.49 acres m/l located in the northwest corner of Jasper County, Iowa, and in Section 8 of Clear Creek Township. There is an estimated 107 FSA Tillable Acres carrying a CSR2 rating of 81.5; the primary soil types are top producing Clarion, Lester, and Nicollet Loams. Over 50% of the soil types carry a CSR2 rating over 88! The balance of the property includes a block of timber that is connected with a 1 ½ acre pond. Easy access to the surrounding area with a location just west of US Hwy 65 and equal distance between the towns of Maxwell, Collins, and Farrar, Iowa. Land in this general area is tightly held and rarely makes it to the open market, making for a solid, long-term investment or an addition to a farming operation.  

The farm has been improved with drainage tile and terraces to keep topsoil in place and navigate water off of the farm. Conservation practices have been actively applied with well-maintained waterways and terraces. Several competing grain marketing options are located nearby including both ethanol plants and a variety of grain elevators/cooperatives. The farm is leased for the 2020 farm year.

This farm is also being offered as two individual tracts – the “South Tract” consists of 117.19 acres m/l (Listing #15047) and the “Entire Property” that includes 234.68 acres m/l (Listing #15048).

Legal Description

The Northwest One-Quarter of the Southwest One-Quarter, Except South 125’ of West 162’; Northeast One-quarter of the Southwest One-quarter; AND the Northwest One-quarter of the Southeast One-Quarter (NW ¼ SE ¼); ALL located in Township Eighty-one (81), Range Twenty-one (21) West of the 5th P.M., Jasper County, Iowa. Exact legal description to be taken from Abstract.

Farm Details

Estimated FSA Cropland Acres: 107
Estimated Base Acres: 91.15
Corn: 72.39 base acres with a PLC Yield of 146
Soybean: 18.76 base acres with a PLC Yield of 47
*FSA Cropland and Base Acres to be reconstituted by the Jasper County FSA Office after the sale.

  • Sign On Property: Yes
  • MLS Number: 608523
  • Parcel Number: 0108300001; 0108300004; 0108400001
  • School District: Collins-Maxwell Community School District
  • General Area: South of Collins, Iowa
  • Gross Taxes: $3,898.00
  • CSR2: 81.50
  • Possession: At Closing, Subject to Tenant's Rights

Directions

From I-80: Travel northeast on U.S. Highway 65 / State Highway 330 to U.S. Highway exit and travel north for 1.5 miles and turn left (west) onto N 99th Ave W for 0.25 miles. The farm will be located on the north side of the road.

INTERACTIVE MAP

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DRONE VIDEO

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