Union County, IA
102.40 Acres M/L

U.S. Highway 169 |
Lorimor, IA 50149 |
Listing #16582

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$655,000

Property Info

Description

Peoples Company is pleased to present 102.4 acres m/l in northeast Union County. This property consists of 43.34 FSA Tillable Acres with a CSR2 of 66.1 with the main soil type being Macksburg silty clay loam. This property has a nice mix of productive soils and recreational acres containing ample food & water sources along with adequate cover for an abundance of various types of southern Iowa wildlife. This piece would be the perfect farm for an investor looking to add a multi-use asset to their portfolio or an avid outdoorsman looking for a hunting oasis that provides income. This farm is located just south of Lorimor, Iowa in Section 33 of New Hope Township in Union County, Iowa. The lease on the tillable acres has been terminated and is open for the 2023 cropping season. There is currently a pasture lease in place. There will be a survey done that will slightly change the boundary around the acreage off of U.S. Highway 169. See Proposed New Survey under 'Attachments' to see proposed boundaries. Contact the listing agent for more information on the pasture lease or the survey.

Additional land is also for sale ( Listing #16581)

Legal Description

The West Half ( W1/2) of the Northeast Quarter (NE1/4) and the Northeast Quarter (NE1/4) of the Northeast Quarter (NE1/4) all in Section Thirty-three (33), Township Seventy-three (73) North, Range Twenty-eight (28) West of the 5th P.M. in Union County, Iowa, EXCEPT Parcel "A" as shown in the Plat of Survey recorded on September 22, 2006, in Survey Book 4 at Page 307 of the Office of the Union County Recorder. Exact legal description to be taken from Abstract.

Directions

From Lorimor, Iowa: Travel south on Highway 169 for approximately 3.3 miles to 155th Street. Turn west (right) onto 155th Street and continue west for 0.1 miles. The property will be to the north (right). Look for Peoples Company signs.

Sign On Property: Yes
MLS Number: 665498
Parcel Number: 0433200012,0433200001,0433200002,0433200006
School District: East Union Community School District
General Area: South of Lorimor
Net Taxes: $1,228.00
CSR2: 66.10
Possession: At Closing, Subject to tenants rights
Terms: Cash, Conventional

Additional Info

Net Taxes are estimated.

FSA Tillable Acres are subject to reconstitution with the FSA office.

Interactive Map

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