Warren County, IA
13.39 Acres M/L

Jesup Street
Indianola, IA 50125
Listing #17370


$239,000

Property Info

Description

Peoples Company is pleased to represent the Luhrs Family Trust with their sale of 203.65 acres m/l, to be offered in three tracts, just west of Indianola, Iowa on Highway R57. These tracts consist of excellent row crop opportunities, exceptional building sites, and beautiful recreational land. The Luhrs family has been excellent stewards of the land being offered, providing new owners a turn-key asset. All of these tracts are conveniently located within 25 minutes of the West Des Moines Metropolitan Area. 

This 13.39-acre building site tract is located on Jesup Street, just a mile west of Highway R57. The property consists of tillable acres and mature timber and offers a new owner a secluded feel with multiple building site options. The property is currently in row crop production and CRP (Conservation Reserve Program). The topography of this tract provides the opportunity for a new owner to build a nice pond, surrounded by great trees and native grasses.

The property features an estimated 8.63 FSA cropland acres, carrying a CSR2 of 60.6. There are an estimated 5.69 acres currently in row crop production, with the remaining 2.94 FSA cropland acres enrolled into CRP, offering an annual payment of $577.03. The CRP was implemented on the property to improve environmentally sensitive acres for conservation benefits, all while helping control soil erosion and improve water and air quality, while also enhancing wildlife cover. The new owner will likely see deer, turkey, pheasant, and other birds frequenting the property.

This building site tract is located in Sections 29 and 30 of W Lincoln Township in Warren County, Iowa. 

Legal Description

13.39 Acres M/L in Sections 29 and 30 of W Lincoln Township in Warren County, Iowa. Exact legal description to be taken from Abstract.

Details

Estimated FSA Cropland Acres: 8.63
CRP Acres: 2.94
- 2.94 Acres, CP1 paying $577.03 annually ($196.27/acre) through 2027

*Farm program information, base acres, cropland acres, and CRP acres are subject to slight change, upon reconstitution by the Warren County FSA and NRCS offices.*

Directions

From Indianola, Iowa: Head west on Highway 92 for 4.5 miles. Turn right and travel north on Highway R57 for 0.8 miles. Make a left and go west on Jesup Street for 0.5 miles. The property will be on the south side of Jesup Street.
  • Sign On Property: Yes
  • MLS Number: 688506
  • Parcel Number: 14000290445, 14000300221
  • School District: Indianola Community School District
  • General Area: Indianola
  • Net Taxes: $256.00
  • CSR2: 60.60
  • Possession: At Closing
  • Terms: Cash, Conventional, 1031 Exchange

Covenants

None

Additional Info

All potential Buyers and/or Buyer's Agents should conduct their own due diligence on the property and verify all pertinent information independently. All of the information provided is deemed to be accurate to the best estimate of the Seller and Peoples Company.

Additional land is available and can be bought in addition to this offering. Please reference Peoples Company listings #17368 and #17369.

Interactive Map

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Photos

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