Winnebago County, IA

480th Street & 80th Avenue
Thompson, IA 50478

153.86 Acres M/L
$2,300,000

Listing #16106

Contact

Andrew Zellmer
712.898.5913
AndrewZ@PeoplesCompany.com
View Agent's Listings

PROPERTY INFO

Description

Winnebago County, Iowa Farmland – 153.86 Acres of high-quality land is available for sale in North Central Iowa. The farm has 150.47 FSA Cropland Acres of which 130.47 acres are currently in row crop production carrying a CSR2 of 82.7. The tillable acres have excellent yield history including 241 bushel corn in 2020 and 69 bushel soybeans in 2021. Primary soil types include high producing Webster Clay Loam, Nicollet Clay Loam, and Clarion-Stordon Complex. The farm has 20 acres enrolled in CRP (Conservation Reserve Program) that expires in 2026 with an annual payment of $7,235 ($361.73 per acre). The property is leased for the 2022 cropping season and has a manure easement that will transfer to the new owner. Please contact the listing agent for more details on the farm lease and easement. The farm is located north of Thompson, Iowa, in Section 21 of Eden Township.

Legal Description

The Southwest Quarter (SW 1/4) of Section Twenty-one (21) in Township One Hundred (100) North, Range Twenty-five (25) EXCEPT Parcel A, West of 5th P.M. Winnebago County, Iowa. Exact legal description will be taken from the Abstract.

Farm Details

FSA Cropland Acres: 150.47
DCP Cropland Acres: 130.47
Corn: 117.79 Base Acres with a PLC Yield of 165
Soybeans: 12.68 Base Acres with a PLC Yield of 51

Sign On Property: Yes
MLS Number: 648620
Parcel Number: 0221300001, 0221300002, 0221300003, 0221300005
General Area: North of Thompson, IA
Net Taxes: $5,202.00
CSR2: 82.70
Possession: At Closing, Subject to Tenant's Rights
Terms: Cash, Conventional

Directions

From Thompson, Iowa: Travel north out of Thompson on Iowa Highway 9 for a half mile until reaching 100th Avenue. Turn right (northeast) on 100th Avenue for 5 miles until reaching 480th Street. Turn left (west) on 480th Street for 2 miles until reaching 80th Avenue. The farm is located on the northeast corner of 480th Street & 80th Avenue. Look for Peoples Company sign.

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