Warren County, IA
57.26 Acres M/L
Highway R57 |
Indianola, IA 50125 |
Listing #17368
$773,010
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. These tracts are conveniently located within 25 minutes of the West Des Moines Metropolitan Area.
This tract consists of 57.26 acres m/l with an estimated 51.14 FSA cropland acres, carrying a CSR2 value of 83.6. Of the FSA cropland acres, an estimated 47.4 acres are in row crop production, carrying a CSR2 value of 86.6. Primary soil types on this farm are some of the best in Warren County, including Sharpsburg and Macksburg 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 $734.05. 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 property is also an excellent candidate for an executive acreage situation, with multiple great building sites off of Highway R57, overlooking ag land and timber to the southwest. There is an established entrance and grain bin on the southeast corner of the property, along Highway R57.
This tillable farmland tract is in Section 29 of W Lincoln Township in Warren County, Iowa.
This tract consists of 57.26 acres m/l with an estimated 51.14 FSA cropland acres, carrying a CSR2 value of 83.6. Of the FSA cropland acres, an estimated 47.4 acres are in row crop production, carrying a CSR2 value of 86.6. Primary soil types on this farm are some of the best in Warren County, including Sharpsburg and Macksburg 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 $734.05. 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 property is also an excellent candidate for an executive acreage situation, with multiple great building sites off of Highway R57, overlooking ag land and timber to the southwest. There is an established entrance and grain bin on the southeast corner of the property, along Highway R57.
This tillable farmland tract is in Section 29 of W Lincoln Township in Warren County, Iowa.
Legal Description
57.26 Acres M/L in Section 29 of W Lincoln Township in Warren County, Iowa. Exact legal description to be taken from Abstract.
Details
Estimated FSA Cropland Acres: 51.14
CRP Acres: 3.74
- 3.74 Acres, CP1 paying $734.05 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.*
CRP Acres: 3.74
- 3.74 Acres, CP1 paying $734.05 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: 688499
- Parcel Number: 14000290420, 14000290440
- School District: Indianola Community School District
- General Area: Indianola
- Net Taxes: $1,756.00
- CSR2: 83.60
- Possession: At Closing
- Terms: Cash, Conventional Financing, 1031 Exchange
Covenants
None
Improvements
- Terracing
- Tile
- Waterways
- 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 #17369 and #17370.
Additional land is available and can be bought in addition to this offering. Please reference Peoples Company listings #17369 and #17370.
Interactive Map
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Attachments
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