Madison County, IA
72.26 Acres M/L

Iowa Hwy 92 |
Winterset, IA 50273 |
Listing #15910

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$725,000

Property Info

Description

A rare and highly sought after opportunity in Madison County, Iowa – 72.26 surveyed acres m/l located immediately off pavement and within a short commute to the Des Moines Metro. The property is located in Sections 27 and 28 of Union Township, just east of Winterset, Iowa along State Highway 92. With easy access to Interstate 80 to the north and Interstate 35 to the east, this property offers multiple locations to build that are suitable for nearly all home types within the Winterset Community School District or a weekend getaway.

The reclaimed gravel pit site offers dual driveway entrances that provide access to both sides of the property with great surrounding views of Madison County. Part of the eastern driveway is located on the adjoining landowners property, but includes access to reach the northeastern portion of the property. The newer six-strand, barbed-wire, exterior fences with alternating wooden and two steel posts surround the property on the east, north, and west side of the property. The actual northern property boundary is south of the new fence line.

There are two beautiful ponds located on the northern part of the property. The water level varies throughout the year, but the average surface area for the two ponds are just over 7 1/2 acres and 1/2 acre. Based on the topography in the southeastern corner of the property, there may be a possibility of another water feature with adequate future rains. Existing ponds have been stocked with game fish including bass, bluegill, crappie, and walleye. Other uses on these ponds include kayaks, canoes, and smaller fishing boats providing many hours of outdoor recreational opportunities.

Improvements include electric, rural water, and internet services located at the road. MidAmerican Energy has power lines on the south side of State Highway 92. Warren Rural Water District services this area with a rural water line located on the south side of State Highway 92. There is an existing water pit through Xenia Rural Water located just west of the eastern driveway entrance. There are no covenants on this land and the location is outside of the city limits so the uses shouldn’t be as restricted.

Be sure to check out the additional property offerings for smaller building sites - West Tract of 22.64 surveyed acres (Listing #15911) and East Tract of 49.62 surveyed acres (Listing #15912)

Legal Description

"Parcel D" - All that part of the East Half (E 1/2) of the Southeast Quarter (SE 1/4) of Section 28, Township 76 North, Range 27 West, of the 5th P.M., Madison County, Iowa, more particularly described as follows: Beginning at the Southeast corner of said Section 28, thence North 89°43’28” West, along the South line of said Section 28, a distance of 847.32 feet; thence North 00°34’50” West, a distance of 194.79 feet; thence North 85°34’23” East, a distance of 193.20 feet; thence North 00°04’11” West, a distance of 996.09 feet; thence North 52°51’09” East, a distance of 510.70 feet; thence North 80°45’56” East, a distance 264.47 feet, to a point on the East line of said Section 28; thence South 00°22’32” West, along the East line of said Section 28, a distance of 1,560.73 feet to the Point of Beginning, and containing 22.64 acres of land, more or less, including 1.68 acres of road easement, AND, "Parcel C" – All that part of the West Half (W ½) of the Southwest Quarter (SW ¼) of Section 27, Township 76 North, Range 27 West of the 5th P.M., Madison County, Iowa, more particularly described as follows: Beginning at the Southwest corner of said Section 27, thence South 89°28’50” East, along the South line of said W ½ of the SW ¼, a distance of 1,340.19 feet, to the Southeast Corner of the W ½ of the SW ¼ of said Section 27; thence North 00°04’11” West, along the East line of said W ½, a distance of 1,414.26 feet; thence North 50°59’52” West, a distance of 495.60 feet; thence South 80°45’56” West, a distance of 955.42 feet, to a point on the West line of said W ½; thence South 00°22’32” West, along the West line of said W ½, a distance of 1,560.73 feet to the Point of Beginning, and containing 49.62 acres of land, more or less, including 2.60 acres of road easement. Subject to all easements and restrictions of record. Exact legal description to be taken from Abstract.

Directions

From Winterset, Iowa: Travel east out of town on Iowa Highway 92 for approximately 2.50 miles. The property will be located on the north side of the road. There are two entrances located on the east and west sides of the property. Look for the Peoples Company sign.

Sign On Property: Yes
MLS Number: 643894
Parcel Number: 400072880031000; 400072746021000
School District: Winterset Community School District
General Area: East of Winterset, Iowa
Gross Taxes: $2,594.00
Possession: At Closing
Terms: Cash / Conventional

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