SALE PENDING
Description:
158.5 acres m/l of Iowa County farmland for sale as one contiguous tract. This property has been well maintained and provides a unique opportunity to purchase a farm of this size in this area of Iowa County. The farm has an open lease and is available for the 2021 crop year.
Price & Terms:
$871,750 total or $5,500 per acre on 158.5 acres. 10% down upon acceptance of offer, balance due at closing.
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Listing Info & Photographs
Seller: Smothers
Wind Lease: This property has a wind lease with the Diamond Trail Wind Project, generating $5 per acre or approximately $792.50 total, as wind rights income annually. For additional information regarding the wind lease, contact the seller’s agent.
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Taxes, FSA Data & Property Info
Estimated Net Taxes
$3,858
FSA Data
Farm Number: 7086
Tract Number: 1116
FSA Cropland Acres: 147.3
Corn Base Acres: 141.3
Corn PLC Yield: 110
Farm is considered Highly Erodible Land (HEL)
Legal Description
Iowa County – 159.4 acres m/l located in the East Half of the Southwest Quarter and West Half of the Southeast Quarter except Parcel B, all in Section 31, Township 79 North, Range 12 West of the 5th P.M., Iowa County, Iowa.
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 negotiable 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.
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