Adair County Land For Sale – SOLD for $325,000

Description:

64.0 acres m/l of Adair County land for sale. This farm offers a unique setting in a competitive area. The cropland and CRP provide good income earnings, along with recreational benefits with the majority of the property being enrolled in the CRP. The cropland is available for 2021 crop year.

Price & Terms:

$345,600 total or $5,400 per acre on 64.0 acres. 10% down upon acceptance of offer, balance due at closing. 

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Matt Mann

Matt Mann

Vince Johnson

Vince Johnson

Taxes, FSA Data & Property Info

Estimated Net Taxes

$1,418/year

FSA Data

Farm Number: 6134

Tract Number: 10829

FSA Cropland Acres: 17.2 acres

CRP Data

Contract Number: 11122D Acres Enrolled: 46.6 acres Rental Rate per acre: $256.84 Annual Payment: $11,969 Expires: 09/30/2026

Legal Description

64.0 acres m/l in the SE ¼ NW ¼ & NE ¼ NW ¼ Except Parcel A & Parcel B & Parcel C, all in Section 17, Township 74 North, Range 31 West of the 5th P.M., Adair County, Iowa.

Exact Legal Description will be determined from Abstract.

Property Location

Travel West of Orient on highway 25 1.5 miles. Continue North on Highway 25 1 mile and continue East on 300th Street. Travel .25 miles and subject property will be located South of the gravel road. Iowa Land Sale and Farm Management For Sale signs will be located on property.

Property Location

Sales Terms & Announcements

Method: This property is being offered for sale as an individual tract.

Contract & Earnest Payment: A 10% earnest money payment is required upon acceptance of offer and balance will be due at closing.

Closing & Possession: Closing date will be on or about 30 days upon acceptance of offer.  Possession will be granted to the buyer at closing.

Announcements: All property is sold on an “As is, Where is” basis. No warranty or guaranty, either expressed or implied, is made by the seller. Sale is subject to all covenants, leases and easements of record. Conducting inspections and due diligence is the responsibility of each party and at their own risk.

Disclaimer: Iowa Land Sales obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisers should conduct your own investigation of the property and transaction.