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Monona County, IA
39.24 Acres M/L

Near 120th Street/Buckeye Avenue intersection
Sloan, Iowa, IA 51055

Price	$280,000
Listing	#18061

Senior Land Agent

Andrew Zellmer, ALC

Office: 515.222.1347
Mobile: 712.898.5913
AndrewZ@PeoplesCompany.com

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Land Agent

Nic Smith

Office: 402.334.0256
Mobile: 402.334.0256
Nic@PeoplesCompany.com

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Property Info

Description

Peoples Company is pleased to present 39.24 surveyed acres m/l of Monona County farmland located south of Sloan, Iowa. This farm combines recreational potential with productive, tillable acres and would make for a great add-on unit to an existing farm operation or provide an excellent entry-level investment for those looking to access the land ownership market. Affordable and income-producing, this farm includes 37.98 FSA cropland acres carrying a CSR2 soil rating of 62.3, of which, 28.87 acres m/l are currently tillable. There are 9.11 CRP enrolled acres, producing a payment of $232.88 per acre or $2,122 annually. The CRP acres are contracted through 2031 and nicely pair western Iowa hunting opportunities with a guaranteed annual income.

Property is accessed via a 33-foot-wide easement extending from the north from 120th Street to the northwest corner of the property. See easement survey document in listing attachments for details. The property is located within McCandless Main Drainage District and requires an average annual drainage levy of approximately $338. No additional major drainage projects are currently planned for the district.

Property is located just 1 mile from paved County Highway K45 and less than 4 miles from direct access to Interstate 29. The farm is open for the 2025 crop season.

Legal Description

The NW quarter (NW 1/4) of the SW Quarter (SW 1/4) of Section 16, Lake Township. Monona County, Iowa. Exact legal description to be taken from Abstract.

Directions

From Sloan, Iowa travel south on Old Highway 75/ County Highway K45 for approximately 3.5 miles to 120th Street. Turn right (West) on 120th Street and travel west approximately 1 mile to reach property easement. Direct property access is by easement through the W 1/2 of the NW 1/4 of Lake Township of Monona County, Iowa. Easement document is found within listing attachments.

Sign On Property: Yes
MLS Number: 709895
Parcel Number: 854616325001
School District: Westwood Community School District
General Area: South of Sloan, Iowa
Net Taxes: $1,320.00
CSR2: 62.30
Zoning: Ag

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