Property Info

Description

It is with great honor that Peoples Company has been selected to represent the heirs of the Michael Schneider Living Revocable Trust with their sale of farmland in Madison County, Iowa. This farm was purchased by the late Michael Schneider of Winterset, Iowa in April of 1992. Since acquiring this farm nearly 30 years ago, Michael and his family have meticulously maintained, farmed, hunted and called this property home.

The balance of this farm is made up of highly desirable cropland, CRP, and timber. Of the 123 acres m/l, 95 acres are considered FSA tillable and carry a weighted average CSR2 of 83.2. Of the FSA tillable acres, 73.83 acres are currently in row crop production and 21.17 are enrolled in high paying CRP programs. For someone who wishes to add more tillable acres, the entire 123 acres of this farm carry a CSR2 value of 80.2.

Those who have been in this area can attest to the phenomenal whitetail hunting that this property offers. Michael and his family have spent many summers and falls managing and hunting mature whitetail deer on this farm. Multiple trophy deer have been taken off of this farm and a healthy population still reside in the area and on this farm in particular - check out the photos to see for yourself.

106 acres m/l of timber and a home built in 2013 can be purchased in addition this farmland tract. This property is one you have to see to believe! Please contact one of the listing agents to discuss or be shown this property.

Legal Description

123 Acres M/L Located in Sections 5, 7 and 8 of Webster Township in Madison County, Iowa. Exact legal description will be taken from the final abstract.

Details

FSA Cropland Acres: 107.13
Corn: 73.9 Base Acres with a PLC Yield of 123
Soybeans: 0 Base Acres with a PLC Yield of 0

2.8 acres of CRP in CP42 paying $259.66/acre or $727.05 annually through 2025.

5.72 acres of CRP in CP42 paying $251.49/acre or $1,438.52 annually through 2026.

12.7 acres of CRP in CP33 paying $197.90/acre or $2,513.33 annually through 2022.

*Final acre amount is subject to survey, which is to be completed prior to closing.

*FSA Cropland and Base Acre figures are based off of whole farm figures at this time.

*FSA Cropland and Base Acres to be reconstituted by the Madison County FSA Office after the sale.

Directions

From Winterset, IA, head West on Highway 92 for 12 miles. The property will be on the South side of Highway 92. Please look for Peoples Company signs!

• Sign On Property: Yes
• MLS Number: 612718
• Parcel Number: 590120560033000, 590120842000000, 590120844002000, 590120722012000, Portion of 590120728000000
• School District: Winterset
• General Area: Winterset
• Net Taxes: $2,937.25
• CSR2: 83.20
• Possession: At Closing
• Terms: Cash or Conventional

Additional Info

Listing #15123 can be purchased in addition to this offering.

---

Photos