Warren County, IA
133.00 Acres M/L

Highway R57/Highway 92
Indianola, IA 50125
Listing #17369

Pending

$1,368,225

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 tract consists of 133 acres m/l with an estimated 81.38 FSA cropland acres, carrying a CSR2 value of 64.7. The primary soil type on this tract is productive Sharpsburg silty clay loams. Terracing and tile help maintain the integrity of the tillable acres and help navigate water off of the farm, while also limiting erosion.

The additional FSA cropland acres are enrolled into CRP (Conservation Reserve Program), with an annual payment of $6,166.80. The CRP was implemented on the farm 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 on the farm.

This tract is a premier building site and acreage opportunity, located in a highly convenient location, with proximity to the West Des Moines Metro, Norwalk, Cumming, and Interstate 35. The diversity and beautiful landscape of this property are sure to be appreciated by a new owner. There are multiple great locations for ponds and food plots. Hunting and recreation are offered by this tract, holding a large amount of turkey and whitetail. Two older steel buildings could be renovated and used for storing equipment, campers, boats, ATVs, and more.

This tillable farmland tract is located in Section 29 of W Lincoln Township in Warren County, Iowa.

Legal Description

133 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: 81.38
CRP Acres: 
- 31.42 Acres, CP1 paying $6,166.80 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 0.5 miles. The property will be on the west side of Highway R57.
  • Sign On Property: Yes
  • MLS Number: 688505
  • Parcel Number: 14000300260, 14000300280, 14000290460, 14000290480
  • School District: Indianola Community School District
  • General Area: Indianola
  • Net Taxes: $2,496.00
  • CSR2: 64.70
  • Possession: At Closing
  • Terms: Cash, Conventional Financing, 1031 Exchange

Covenants

None

Improvements

- Terracing
- Tile
- Waterways

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 #17370.

Interactive Map

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Photos

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