Mills County, IA
283.96 Acres M/L

US Highway 275 |
Malvern, IA 51551 |
Listing #15452

Sold

Info
Map
Photos
Attachments

$2,600,000

Property Info

Description

Peoples Company is pleased to offer an excellent Mills County farm for sale. The farm consists of 283.96 m/l gross acres with 264.11 FSA Cropland Acres with a CSR2 of 71.1. There are 1.8 acres of CRP with an annual payment of $668 that expires on September 30, 2026. High-quality soil types including Napier silt loam, Marshall silty clay loam, and Monona silt loam. Active conservation practices are being applied with grass-waterways and well-maintained terraces in place. There is great access to the property with US Highway 275 bordering the east side of the farm. There are two Grain Bins located on the north end of the property. The farm is leased for the 2021 crop year and the lease is based on 250 tillable acres. Contact the listing agent for more details.

Legal Description

See attachments. Exact legal description to be taken from Abstract.

Details

FSA Cropland Acres: 264.11

Corn: 131.15 base acres with a PLC Yield of 162

Soybeans: 124.85 base acres with a PLC Yield of 46

Directions

From Malvern, travel west on Keys Avenue for 4.5 miles and turn left onto US Highway 275. Continue heading south on US Highway 275 for 1.5 miles. The property will be on the right (west) side of the road.

From Glenwood, travel east on Highway 34 for 4 miles and then right onto US Highway 275. Continue heading south on US Highway 275 for 3 miles. The property will be on the right (west) side of the road.

Sign On Property: Yes
MLS Number: 626909
Parcel Number: 121080010000000, 121030010000000, 121070000000000, 121060010000000, 121050000000000, 12104000000000, 121110000000000, 121120000100000, 121100010000000, 121090010000000
School District: Fremont-Mills
General Area: Malvern
Net Taxes: $8,982.00
CSR2: 71.10
Possession: At closing, subject to tenants rights
Terms: cash, conventional

Interactive Map

Use the Interactive Map to explore the property's regional location. Zoom in and out to see the property's surroundings and toggle various mapping layers on and off in the Map Layer Menu.