Property Info

Description

Peoples Company is pleased to be representing the sale of Story County, Iowa farmland! This highly-tillable tract consists of 74 gross acres m/l with 70.61 FSA tillable acres with a CSR2 rating of 87.7. Of the 70.61 FSA tillable acres, approximately 66 acres are currently being farmed with the balance in well-manicured waterways. The farm contains some of the best soils in Iowa including Webster Clay Loam, Clarion Loam, and Nicollet Loam.

There are several competing grain marketing options available with a variety of grain elevators in Collins, Maxwell, and Melbourne, Iowa. This land would be a great add-on to an existing farming operation or a smart investment for the Buyer looking for an inflation hedge. The farm is currently leased for the 2022 crop year. The property is located northeast of the intersection of 730th Avenue and 322nd Street in Section 25 of Collins Township, just southeast of Collins, Iowa.

Legal Description

The North Half of the Northwest Quarter (N½ NW¼) of Section Twenty-five (25), Township Eighty-two (82) North, Range Twenty-one (21) West of the 5th P.M., Iowa, EXCEPT Parcel "A", a part of the Northwest Quarter of the Northwest Quarter (NW¼ NW¼) of Section Twenty-five (25), Township Eighty-two (82) North, Range Twenty-one (21) West of the 5th P.M., Story County, Iowa, more particularly described as follows: Commencing at the Southeast corner of the Northwest Quarter of the Northwest Quarter of said Section 25; thence S90°00'00"E, 335.41 feet along the south line of the Northwest Quarter of the Northwest Quarter of said Section 25 to the point of beginning; thence continuing S90°00'00"E, 831.39 feet; thence N00°00'00"E, 314.37 feet; thence N90°00'00"W, 831.39 feet; thence S00°00'00"W 314.37 feet to the point of beginning, containing 6.00 acres, which includes 0.63 acres of existing public road right-of-way. Exact legal description will be taken from Abstract.

Directions

From Collins, Iowa: Travel east out of Collins on 310th Street for 2.75 miles until reaching 730th Avenue. Turn right (south) on 730th Avenue for 1.25 miles until reaching 322nd Street. The farm is located on the northeast corner of 730th Avenue and 322nd Street. Look for Peoples Company sign.

• Sign On Property: Yes
• MLS Number: 653725
• Parcel Number: 1625100200, 1625100110
• School District: Collins-Maxwell Community School
• General Area: Southeast of Collins, Iowa
• Net Taxes: $2,450.00
• CSR2: 87.70
• Possession: At Closing, Subject to Tenant's Rights
• Terms: Cash, Conventional

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