Union County, IA
38.28 Acres M/L

155th Street |
Lorimor, IA 50149 |
Listing #16581

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$370,000

Property Info

Description

Peoples Company is pleased to present 38.28 acres m/l in northeast Union County. This property consists of 35.09 FSA Tillable Acres with a CSR2 of 72.8. The primary soil types are Nira-Sharpsburg silty clay loam and Macksburg silty clay loam, and together these soils provide a CSR2 of 88, which is well above the county average. There are currently outlets on three corners of the property allowing for adequate drainage year over year to help take advantage of the productive soils. The opportunities extend past the tillable acres as there are 2.5 acres in the northeast corner that contains adequate cover for a various amount of wildlife. This piece would be the perfect farm for an investor looking to diversify their portfolio while having recreational opportunities or a beginning farmer looking for an affordable 40-acre tract. 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.

Additional land is also for sale ( Listing #16582)

Legal Description

The Southeast Quarter (SE 1/4) of the Northwest Quarter (NW 1/4) 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 0.4 miles. The property will be to the north (right). Look for Peoples Company signs.

Sign On Property: Yes
MLS Number: 665494
Parcel Number: 433100010
School District: East Union Community School District
General Area: South of Lorimor
Net Taxes: $706.00
CSR2: 72.80
Possession: At Closing
Terms: Cash, Conventional

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