Peoples Company is pleased to offer three individual land offerings on Highway 92, just east of Indianola, Iowa. This particular tract offers 155 acres m/l with 127.31 tillable acres, of which carry a CSR2 of 80. Of the tillable acres, 39.57 acres are currently enrolled in high-paying CRP programs, paying $12,333.03 annually, with contracts expiring between 2024 and 2029 (reference Farm Details section below). The remaining tillable acres could be put into row crop production or CRP at this time, as they expire in September of 2020. This is a great opportunity to go whatever route you would like in your farmland venture, whether that be row crop, CRP, or recreation. This farm is close to Indianola, Iowa, and features paved road frontage on the entire south boundary, highly tillable farmland, and is an excellent recreational opportunity. It would make a desirable addition to a farmland portfolio.
155 acres m/l located in Section 17, 18, 19 and 20 of Lincoln Township in Warren County, Iowa. Exact legal description to be taken from abstract.
FSA Cropland Acres 180.85
Corn: 2.85 Base Acres with a PLC Yield of 112
18.93 acres of CRP in CP21 paying $322.03/acre or $6,096.03 annually through 2024.
8.05 acres of CRP in CP42 paying $267.00/acre or $2,149.00 annually through 2026.
12.59 acres of CRP in CP27 paying $324.70/acre or $4,088.00 annually through 2029.
*Final acre amount is subject to survey, which is to be completed prior to closing.
*FSA Cropland and Base Acre figures are based off of whole farm figures at this time.
*FSA Cropland and Base Acres to be reconstituted by the Warren County FSA Office after the sale.
From Indianola, Iowa, head east on Highway 92 for seven miles. The property will be on the north side of Highway 92. Look for Peoples Company signs!
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