Poweshiek County Land for Sale – SOLD

Description:

155 acres m/l of land for sale as an individual parcel. This farm has been well maintained in a competitive area of Poweshiek County and offers an additional wind turbine income stream. The cropland and pasture have an open lease for the 2022 crop year.

Price & Terms:

$8,500 per acre on 155 acres or $1,317,500 total. 10% due upon acceptance of offer and the balance will be due at closing.

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Listing Info & Photographs

Wind Lease

Wind Lease: There is a 2.5 mega-watt wind turbine located on this property generating $13,000 of annual income. A copy of the wind lease is provided on the Iowa Land Sales website for review.

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Contact an Agent Today

Matt Mann

Matt Mann

Vince Johnson

Vince Johnson

Taxes, FSA Data & Property Info

Estimated Net Taxes

$3,091/year

FSA Data

Farm Number: 5417
Tract Number: 7015
Cropland Acres: 143.87
Corn Base Acres: 47.8
Corn PLC Yield: 158
Soybean Base Acres: 10.6
Soybean PLC Yield: 56
Farm Program Election: Corn & Soybeans are enrolled under the ARC-County Program.
*Information is estimated pending reconstitution of farm by Poweshiek County FSA Office

Legal Description

The Southeast ¼ except Parcel B in the Southwest ¼ of the Southeast ¼ in Section 20, Township 78 North, Range 13 West of the 5th P.M., Poweshiek County, Iowa (Final legal description will be determined from Abstract

Property Location

From Deep River, travel east ½ mile to Highway 21. Travel south on Highway 21 for 2.5 miles and turn right onto gravel road 520th Avenue. Continue west 1.5 miles and subject property will be on the north side of the gravel road. Look for Iowa Land Sales & Farm Management for sale signs on the 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 is 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.