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Marshall County, IA
75.49 Acres M/L

Knapp Avenue
Melbourne, IA 50162

Price	$754,900
Listing	#15941

LAND AGENT

Andrew Zellmer, ALC

Office: 515.222.1347
Mobile: 712.898.5913
AndrewZ@PeoplesCompany.com

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LAND AGENT

Matt Adams

Office: 515.222.1347
Mobile: 515.423.9235
Matt@PeoplesCompany.com

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Property Info

Description

Peoples Company is pleased to be representing the Estate of Doris Pothast in the sale of high-quality Marshall County, Iowa farmland. This highly tillable tract consists of 75.05 FSA Tillable Acres with a CSR2 of 71.5. The primary soil types on this farm are Kilduff silty clay loam and Tama silty clay loam. There are 24.88 Acres on the west side of the farm that are no longer in CRP and would be suitable for row cropping. The acreage has been surveyed off and a copy can be provided per request. With strong PLC yields and an open crop lease for the 2022 cropping season, you won't want to miss this opportunity to add this farm to your portfolio.

Located along the east side of Knapp Avenue and approximately three and one-half miles southeast of Melbourne, Iowa, the farm is located in the southwest quarter of Section 11 in Logan Township of Marshall County, Iowa. The Estate of Doris Pothast is being offered as two individual tracts (West Tract - Listing #15940 and East Tract - Listing #15941) or in its entirety (Listing #15942).

Legal Description

The West One-half of the Southwest Quarter (SW 1/4), EXCEPT the 4.51 surveyed acres in the Northwest Quarter (NW 1/4) of the SW Quarter (SW 1/4), All in Section Eleven (11), Township Eighty-Two (82) North, Range Nineteen (19) West of the 5th P.M., Marshall County, Iowa. Subject to easements for the public highways as shown on record, if any. Exact Legal description to be taken from the Abstract.

Details

Estimated FSA Cropland Acres: 75.05
Corn: 39.4 Estimated Base Acres with a PLC yield of 163
Soybeans: 6.9 Estimated Base Acres with a PLC yield of 53

*FSA Cropland and Base Acres are subject to adjust after the farm is reconstituted by the Marshall County Farm Service Agency.

Directions

From Melbourne: Travel east out of town on County Highway E63 for 3 miles to Knapp Avenue. Turn right (south) on Knapp Avenue and continue south for half a mile. The property will be to the left (east). Look for Peoples Company signs.

Sign On Property: Yes
MLS Number: 642941
Parcel Number: 821911300003, 82191130001
School District: Marshalltown School District
General Area: Southeast of Melbourne
Net Taxes: $3,034.24
CSR2: 71.50
Zoning: A- Agriculture

Additional Info

Net Taxes are estimated

Interactive Map

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