Property Info

Description

Peoples Company is pleased to present a rare opportunity to purchase 112 acre m/l of Warren County farmland in the highly coveted Norwalk School District. Combination farms that offer not only a recreational component but also attractive income and building site potential continue to be in extremely high demand. Property consists of a variety of timber, CRP & row crop supporting an abundant wildlife population including deer, turkey, pheasant, quail and waterfowl. There are 68.26 FSA tillable acres of which 43.95 acres are enrolled in the Conservation Reserve Program with the remaining 24.31 acres in row crop production with total annual farm income of nearly $15,000 per year.  Scenic views overlooking the North River Valley make this a great location to consider building your home. Rural Water and Electric are both available at the road. Additional recreational opportunities available across the road on the North River Greenbelt’s Swamp White Oak Tract, a local County park and Wildlife Refuge. This farm is located along 53rd Ave just a few minutes southwest of Norwalk in Sections 26 and 27 of Linn Township of Warren County.

*There is additional access to the property from a Level C Road on the north side of the farm. Contact agent for details.

Legal Description

The West½ of the NW¼ of the SW 1/4 of Section 26 and Parcel E; and the North 30 acres of the NE¼ of the SE¼ and the East 5 acres of the South 10 acres of the NE¼ of the SE 1/4; and Lot 13 in the W ½ or the SE¼ of Section 27, except Parcel J, all in Township 77 North, Range 25 West of the 5th P.M., Warren County, Iowa. Exact legal description to be taken from the Abstract. 

Details

FSA Cropland Acres: 24.31 Acres
CRP Acres: 43.95 Acres
38.31 Acres paying $248.60/Acre for a annual payment of $9,524 and expiring 9/30/2027. These acres are enrolled in the CP-38E program.
2.22 Acres paying $293.67/Acre for a annual payment of $652 and expiring 9/30/2023. These acres are enrolled in the CP-21 program.
3.42 Acres paying $171/Acre for a annual payment of $585 and expiring 9/30/2029. These acres are enrolled in the CP-9 program.

Directions

From Norwalk, Iowa: Travel south on Highway 28 for 2 miles before turning right and heading west on Elk Horn Street. Travel west on Elk Horn Street for 1 mile before the road bends to the south and becomes 53rd Avenue. Continue south on 53rd Avenue for .25 miles and the farm will be situated on the west side of the road. Look for Peoples Company signs.

• Sign On Property: Yes
• MLS Number: 624122
• Parcel Number: 15000260648, 15000260645, 15000270820, 15000270853, 15000270857
• School District: Norwalk Schools
• General Area: South of Norwalk, Iowa
• Net Taxes: $2,240.00
• CSR2: 68.10
• Possession: At Closing, Subject to Tenant's Rights
• Terms: Cash/Conventional

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