Marion County, IA
155.45 Acres M/L

Highway 14
Knoxville, IA 50138
Listing #16634

Sold

$823,885

Property Info

Description

Peoples Company is pleased to present a 155.45-acre combination farm located south of Knoxville, Iowa, in Marion County. This farm is set up to grow and hold whitetail deer with the perfect mix of tillable, CRP, and mature timber. If you don't believe the pictures or the video, just drive down and take a look for yourself. There are 50 acres of cropland with 55.1 CSR2 that are currently being cash rented and an additional 45.98 acres that are in CRP until 2030. The tall grass CRP lies on the south-facing slopes of this farm, creating an ideal bedding area for deer, and as a bonus, it is loaded with pheasants. The remaining 13+ tillable acres form a boundary next to the timber and could be planted into a transition food source area between the CRP and timber. The CRP pays $153.15 per acre for a total payment of $7,042 per year. The cropland is rented for the 2023 cropping season, with details provided upon request. If you want some added income the main draw is loaded with mature walnut trees. 

Legal Description

The NE 1/4 Excep Parcel b of the NW 1/4 of said NE 1/4. According to the Plat of Survey recorded in Book 240, Page 83, Deed Record; and that part of the North 1 aces of the NE 1/4 of the NW 1/4, lying east of the public Highway; all in Section 27, Township 74 North, Range 20 West of the 5th P.M; and an easement 30 feet in width across the north boundary of Parcel B of the NW 1/4 of the NE 1/4 of Sec. 27, Twp. 4N., Rang. 20 W. of the 5th P.M, according to the plat of Survey recorded in Book 240, Page 83 of the Land Deed Record, Marion County, Iowa, for purposes of ingress and egress from the public highway to the real estate first described above. Exact legal description to be taken from Abstract.

Details

FSA Cropland Acres: 108.87
Corn: 27.34 Base Acres with a PLC Yield of 97
Soybeans: 34.90 Base acres with a PLC Yield of 30

45.98 Acres enrolled in CP25 Paying $153.15 per acre or an annual amount of $7,042 until September 30th, 2023.

Directions

From Knoxville, IA head south of Highway 14. After 8.75 miles the access to the farm will be on the left-hand side, directly across from Utah St. There is a 30ft wide easement that goes to the farm past the acreage.

  • Sign On Property: Yes
  • MLS Number: 667464
  • Parcel Number: 2394500400, 2394600100, 23970000, 2394900000, 2394800000
  • School District: Knoxville Schools
  • General Area: South of Knoxville, IA on Highway 14
  • Net Taxes: $2,890.00
  • Possession: At Closing, Subejct to Tenants Rights
  • Terms: Cash, Conventional

Interactive Map

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Video

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Photos

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