Marshall County, IA
240.00 Acres M/L

Abbott Avenue
Gilman, IA 50106
Listing #16706

Sold

$2,879,760

Property Info

Description

Marshall County, Iowa Farmland – Peoples Company is pleased to present the sale of 240 total acres m/l of prime Marshall County, Iowa farmland with top-producing soils! The farm has 236.4 FSA cropland acres that are currently in production, carrying a CSR2 rating of 59.3. The FSA cropland acres have an excellent yield history, including 211 bushels of corn in 2022 and 67 bushels of beans in 2021. The primary soil types are Tama silty clay loam, Shelby loam, Liscomb loam, and Colo silt loam.

Farmland in the tightly held Greencastle Township in Marshall County, Iowa has a proud history of agriculture distinction and this farm is no exception. Situated only two and one-half miles north of Gilman, Iowa, and immediately east of Zeller Avenue and the 310th Street intersection, this nearly 100% tillable tract would make for an outstanding add-on unit to an existing farm operation or investment-grade quality land purchase. In addition, there are several competing grain marketing options that are located nearby including a variety of grain elevators to merchandise crops. The farm is leased for the 2023 cropping season and has been operated by a long-term, reputable farm tenant that has served as an outstanding steward of the land. Contact Agent for additional details.

Legal Description

The North Half of the Southeast Quarter (N 1/2 SE 1/4) of Section Thirteen (13), Township Eighty-Two (82) North, Range Seventeen (17) West of the 5th P.M., AND the Northeast Quarter (NE 1/4) of Section Thirteen (13), Township Eighty-Two (82) North, Range Seventeen (17) West of the 5th P.M., Marshall County, Iowa. Exact legal description to be taken from Abstract.

Details

DCP Cropland Acres: 236.4

  • Corn: 129.60 Base Acres with a PLC Yield of 205
  • Soybeans: 9.10 Base Acres with a PLC Yield of 54
  • Oats: 23.50 Base Acres with a PLC Yield of 57

Directions

From Gilman, Iowa: Travel north out of Gilman on Zeller Avenue for 1.5 miles until reaching 310th Street. Turn right (east) on 310th Street and proceed for 1 mile until reaching Abbott Avenue. Turn left (north) on Abbott Avenue. Continue for a quarter mile, the farm is located on the west side of the road. Look for Peoples Company sign.

  • Sign On Property: Yes
  • MLS Number: 669428
  • Parcel Number: 8217-13-400-001, 8217-13-400-002, 8217-13-200-003, 8217-13-200-004, 8217-13-200-002, 8217-13-200-001
  • School District: East Marshall Community School
  • General Area: North of Gilman
  • Net Taxes: $6,898.00
  • CSR2: 59.30
  • Possession: At Closing, Subject to Tenant's Rights
  • Terms: Cash, Conventional

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