Madison County, IA
139.95 Acres M/L

Highway 169 |
Lorimor, IA 50149 |
Listing #15943

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$850,000

Property Info

Description

Offering 139.95 acres m/l of Madison County farmland. The property consists of 109.94 FSA cropland acres (CSR2 of 47.6) currently in row crop production. The farm is nearly 80% income producing cropland with the balance consisting of brushy timber draws, grassed waterways, terraces, and a small pond. This part of the state is home to a variety of wildlife including trophy whitetail deer, wild turkey, pheasant, and bobwhite quail. The property offers a solid return on investment, recreational opportunities, and excellent building site potential on a hard surface road. Rural water, electric, natural gas, and fiber optic are available at the road. Located 40 min southwest of the Des Moines Metro in Section 23 of Monroe Township along the east side of Hwy 169 south of Winterset.

Legal Description

Parcel “B” located in the West Half (½) of the Northeast Quarter (¼), and in the Southeast Quarter (¼) of the Northwest Quarter (¼), and in the Northeast Quarter (¼) of the Southwest Quarter (¼), all in Section Twenty-three (23), Township Seventy-four (74) North, Range Twenty-eight (28) West of the 5th P.M., Madison County, Iowa, containing 139.950 acres, as shown in Plat of Survey filed in Book 3, Page 235 on May 8, 1998, in the Office of the Recorder of Madison County, Iowa; said Parcel “B” includes all of Parcel “A”, containing 14.648 acres, as shown in Plat of Survey filed in Book 3, Page 185 on February 13, 1998, in the Office of the Recorder of Madison County, Iowa. Exact legal description to be taken from Abstract.

Details

FSA Cropland Acres: 109.94
Base Acres: 63.95
Corn: 34.21 base acres with a PLC Yield of 105
Soybeans: 29.74 base acres with a PLC Yield of 35

Directions

From Winterset, Iowa: Travel south on Highway 169 for 10.5 miles and the farm will be situated on the east side of the road. Look for Peoples Company signs.

Sign On Property: Yes
MLS Number: 643047
Parcel Number: 660142324010000, 660142326011100, 660142326012000, 660142348012000, 660142348011000, 660142362011000
School District: Winterset Schools
General Area: South of Winterset, Iowa
Net Taxes: $2,398.00
CSR2: 47.60
Possession: At Closing, Subject to Tenant's Rights
Terms: Cash/Conventional

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