$2,218,500
$2,354,800
5.8%For more information regarding the value of a property, please contact us for a free consultation.
233.53 Acres Lot
SOLD DATE : 05/04/2022
Key Details
Sold Price $2,218,500
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 647155
Sold Date 05/04/22
HOA Y/N No
Annual Tax Amount $4,436
Lot Size 233.530 Acres
Acres 233.53
Property Description
Farmland has a notable characteristic of being a tightly held asset and very rarely does a tract of this size, quality, and location come up for sale. The farm consists of 232.35 FSA cropland acres, which includes 229.45 acres of row crop carrying a CSR2 value of 57. The balance of the FSA cropland acres includes 2.90 acres enrolled in CRP (Conservation Reserve Program). The CRP practice is CP8A (Grassed Waterway) expiring in 2029 with an annual payment of $600 ($207 Per Acre). The primary soil types include Marshan clay loam, Udolpho loam, and Hayfield loam. Private drainage tile has been installed on the farm (see attached tile map).
This farm features a flat topography with a high percentage of tillable land and a manure easement allowing for strong yields and great returns. Other highlights include efficient farmability with mile long rows and great access to several competing grain marketing options located nearby. The property is located southwest of New Hampton in Section 22 of Dayton Township in Chickasaw County, Iowa.
Farm Details
FSA Cropland Acres: 232.35
Corn: 217.82 base acres with a PLC Yield of 147
Soybeans: 1 base acre with a PLC Yield of 50
*Farm is enrolled in ARC-CO
Location
State IA
County Chickasaw
Area Other
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Schools
School District Outside School District
Others
Tax ID 191122200005
Monthly Total Fees $369
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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