Marion County, IA
61.06 Acres M/L

774 92nd Avenue
Pleasantville, IA 50225

Price	$775,000
Listing	#19252

Senior Land Agent

Daran Becker

Office: 855.800.LAND
Mobile: 515.979.3498
Daran@PeoplesCompany.com

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Description

Marion County, Iowa Farmland & Building Site – Peoples Company is pleased to present 61.06 surveyed acres located just five miles northeast of Pleasantville and a short 10-minute drive from Knoxville, Iowa. The property is conveniently situated just over half a mile north of County Highway G40 on 92nd Avenue and is bordered by Gear Street on the north side. Located in Section 4 of Union Township, this exceptional property offers an outstanding combination of highly productive farmland, a ranch-style home with grain storage, recreational appeal, and a future building site offering breathtaking views overlooking Lake Red Rock.

The farm includes 57.65 FSA cropland acres, with approximately 54.68 acres currently in production, carrying a CSR2 soil rating of 61.1. The property was recently improved with 17,718 feet of 4-inch pattern tile with 6-inch mains installed in November of 2020, providing superior drainage and enhancing the farm's productivity. The cropland is currently farmed by the owner, and the residence is currently leased. Contact the Listing Agent for lease details and additional information.

An attractive feature of the property is the surveyed 11.53-acre parcel located in the northwest corner of the farm, giving a future owner the flexibility to construct a new home, sell the parcel as a separate building site, or continue to use it as farmland. The elevated setting provides outstanding views overlooking Lake Red Rock and creates an exceptional rural homesite opportunity.

The property includes an 816-square-foot home built in 1952 featuring two bedrooms and one bathroom. The home is currently occupied by a tenant. Additional improvements include an 18' x 15' grain bin, a 30' x 22' grain bin, and a half-acre stocked pond.

Located adjacent to Lake Red Rock and its more than 36,000 acres of lake area, public land, and public hunting opportunities, this property offers an excellent combination of productive farmland, recreational appeal, investment potential, and future building site opportunities. Contact the Listing Agent for more information on this exceptional Marion County property.

Legal Description

61.06 Acres in the E 1/2 SW 1/4 of Section 4, Township 76 North, Range 20 West. Exact Legal description to be taken from Abstract.

Directions

From Pleasantville, IA: Travel east out of town on Highway G40 for approximately 5.5 miles until reaching 92nd Avenue. Turn left (south) onto 92nd Avenue and travel 0.6 miles. The property will be located on your right at 774 92nd Ave. Look for the Peoples Company signs.

From Knoxville, IA: Travel north on Highway 14 for approximately 6 miles until reaching Highway G40. Turn left (west) onto Highway G40 and travel 3.2 miles until reaching 92nd Avenue. Turn right (north) onto 92nd Avenue and travel 0.6 miles. The property will be located on your right at 774 92nd Ave. Look for the Peoples Company signs.

Improvements

17,718 feet of 4-inch pattern tile installed in November of 2020

Reserved Items

Fan on large grain bin excluded from the Sale

Sign On Property: Yes
Parcel Number: 2340100100, Part of 2340100200
School District: Pleasantville Community School District
General Area: East of Pleasantville
Net Taxes: $2,463.00
CSR2: 60
Water: Rural
Sewer: Septic
Zoning: Ag Res
Bedrooms: 2
Full Bathrooms: 1
Garages: 1-Car Attached
Stories: 1
Year Built: 1952
Heating: Propane
Living Area Square Feet: 816 SF
Roof: Asphalt Shingles
Exterior: Vinyl
Foundation: Brick

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