Louisa County, IA
144.95 Acres M/L

|
Wapello, IA 52653 |
Listing #16809

Price Reduced

Info
Map
Photos
Attachments

$1,300,000

Property Info

Description

Peoples Company is pleased to offer 144.95 surveyed acres m/l of Iowa farmland situated in Louisa County, Iowa just Southeast of Grandview. The farm consists of 143.67 FSA cropland acres carrying a CSR2 rating of 60.7. The farm lays very flat with a 0 - 2% slope across the entire property allowing for long rows and smooth farmability. Extensive tile work has been recently completed allowing for maximum productivity. The 2022 soybean yields were over 60bu/acre. This farmland is leased for the 2023 crop season at an attractive rate. Not often can you find a tillable farm in Iowa that provides a 3% return. If you are an investor or local farmer, this one is here to work for you. Access to the farm is given by an easement from the State of Iowa across the access road to the adjacent Klum Lake Wildlife Management Area. The property is also conveniently located off of Highway X61 only minutes from Mississippi River grain ports in Muscatine in Section 31 of Port Louisa Township, Louisa County, Iowa.

Legal Description

Parcel C of Plat Survey for Part of the Southwest Quarter (SW 1/4) of Section Thirty (30) AND Part of Section Thirty-One (31), all in Township Seventy-Five (75) North, Range Two (2), West of the 5th P.M., Louisa County, Iowa, filed November 18, 2011, in Surveyor's Record 17, Page 121 (Fee Book 2011-0840) in the Office of the Recorder of Louisa County, Iowa. Exact legal description to be taken from Abstract.

Directions

From Grandview, IA travel south on Highway 61 (four lanes) for 3.25 miles. Turn east onto Highway G56 and travel for approximately 3 miles. Turn north onto Highway X61 and travel for approximately 1.15 miles. Turn north onto the state of Iowa public lands gravel road and travel for 1 mile. The property will be located on the east side of the road. Look for signs.

From Muscatine, IA travel south on Highway X61 for approximately 11 miles. Turn north onto the state of Iowa public lands gravel road and travel for 1 mile. The property will be located on the east side of the road. Look for signs.

Sign On Property: Yes
MLS Number: 672434
Parcel Number: 530354000
School District: LOUISA-MUSCATINE COMMUNITY SCHOOL
General Area: Grandview, Iowa
Net Taxes: $3,786.00
CSR2: 60.70

Interactive Map

Use the Interactive Map to explore the property's regional location. Zoom in and out to see the property's surroundings and toggle various mapping layers on and off in the Map Layer Menu.