Property Info

Description

Peoples Company is honored to offer highly sought-after farmland in Pocahontas County. This property can be sold as one unit or as individual tracts as detailed below. The farm consists of 390 gross acres m/l and 376.32 tillable acres that are currently suited for row crop production with an average CSR2 of 81.3. Of the 390 gross acres, 165 acres consist of productive Clarion and Webster loam soils. The majority of he farm has a slope of 0-2% and there are no wasted acres. Extensive tile is in place throughout the property (see attachments for more information).

With a favorable lease in place, grain marketing options close, and easy access this property appeals to both farmer and investor buyers of all sizes.

Contact Andrew Zellmer, listing agent, for 2021 lease details or any other additional information.

Legal Description

The South Half (S 1/2) and the West Half (W 1/2) of the Northwest Quarter (NW 1/4); in Section Ten (10), Township Ninety-one (91) North, Range Thirty-one (31) West of the 5th P.M, Pocahontas County, Iowa. EXCEPT

A part of the Northwest Quarter (NW 1/4) of the Southwest Quarter  (SW  1/4) of Section Ten (10), Township Ninety-one (91) North,  Range  Thirty­ one (31) West of the 5th P.M., Pocahontas County, Iowa,  and being more fully described as follows: Beginning at the Northwest (NW) corner of the SW 1/4 of Section 10-91-31, Pocahontas  County,  Iowa; thence  South 89° 26' 12" East, 461.59 feet along the North line of the S 1/2 of said Section  10; thence South 00° 00'00" East,  755.00 feet,  parallel with the  West line of the SW 114; thence North 89° 26' 12" West,  461.59  feet,  parallel with the North line of the S 1/2 of said Section JO to the West line of said SW  1/4; thence North 00° 00' 00" West, 755.00 feet along the West line of said SW 1/4, to the point of beginning.

AND EXCEPT

A tract of land located in the Northwest Quarter (NW 1/4) of the Southwest  Quarter  (SW  1/4) of Section Ten (I 0),  Township Ninety-one

(91) North, Range Thirty-one (31) West of the 5th P.M, Pocahontas County, Iowa, and being more particularly described as follows: Commencing at the Northwest (NW) corner of the SW 1/4 of said Section 10; thence on a previously recorded bearing of South 89° 26' 12" East, along the North line of said SW 1/4 461.59 feet to the Point of Beginning. Thence South 00° 00' 00" West, 755.00 feet; thence South 89° 26' 12"  East, 79.00 feet; thence North 00° 00'00" East, 755.00 feet to the North line of said SW 1/4; thence North 89° 26' 12" West, along said North line,

79.00 feet to the Point of Beginning. The tract contains 1.37 Acres and is subject to all easements of record. Exact legal description to be taken from the Abstract. 

Details

FSA Cropland Acres: 376.32

Corn: 241.9 base acres with a PLC Yield of 146

Soybeans: 130.2 base acres with a PLC yield of 47

Directions

From Gilmore City: Head west on Highway 3 for 3 miles and turn left (south) onto 310th Avenue. Continue on 310th for one mile. The property will be South of the 530th Street & 310th Avenue intersection on the East side of the road. Look for Peoples Company sign.

• Sign On Property: Yes
• MLS Number: 621056
• Parcel Number: 1210100001,1210100003,1210300007,1210300002,1210400001,1210400002,1210400004, 1210400003,1210300004,1210300003
• School District: Gilmore City Bradgate School
• General Area: Southwest Gilmore City
• Net Taxes: $9,492.00
• CSR2: 81.30
• Possession: At closing, Subject to Tenant's Rights
• Terms: Cash , Conventional

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Tract 1 Photos

Tract 2 Photos

Tract 3 Photos