Wayne County Land for Sale

Offered for sale in 4 parcels:

Parcel 1 – 177 acres m/l, Section 1 & 12, Jefferson Township

Parcel 2 – 117 acres m/l, Section 6 & 7, Warren Township

Parcel 3 – 19 acres m/l, Section 5, Warren Township

Parcel 4 – 119 acres m/l, Section 28, Jackson Township (Sale Pending)

Description:

432 total acres m/l of quality Wayne County farmland being offered for sale as 4 separate parcels. Each parcel has been well maintained and offers a high percentage of tillable cropland and the balance made up of timber and grassland. This is a unique opportunity to purchase several combination farms with these features in this area of Wayne County. The 2022 crop lease has been terminated and the farms will be available for the 2023 crop year.

Price & Terms:

Parcel 1 – $1,230,150 total or $6,950 per acre on 177 acres

Parcel 2 – $702,000 total or $6,000 per acre on 117 acres

Parcel 3 – $133,000 total or $7,000 per acre on 19 acres

Parcel 4 – $874,650 total or $7,350 per acre on 119 acres (Sale Pending)

For each parcel: 10% down upon acceptance of offer, balance due at closing.

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Seller: Stargazer

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Contact an Agent Today

Matt Mann

Matt Mann

Vince Johnson

Vince Johnson

Taxes, FSA Data & Property Info

Estimated Net Taxes

Estimated net taxes for each parcel can be found in the listing brochure.

FSA Data

FSA data and maps for each parcel can be found in the Wayne County Land for Sale Brochure.

Legal Description

Parcel 1 | Wayne County- 177 acres m/l located in the E ½ SE ¼ & SW ¼ SE ¼ & S ½ NW ¼ SE ¼ all in Section 1; NE ¼ NE ¼ of Section 12; all in Township 68 North, Range 23 West of the 5th P.M., Wayne County, Iowa (Exact Legal Description will be determined from the Abstract).

Parcel 2 | Wayne County- 117 acres m/l located in the SE ¼ SE ¼ of Section 6; N ½ NE ¼ of Section 7; all in Township 68 North, Range 22 West of the 5th P.M., Wayne County, Iowa (Exact Legal Description will be determined from the Abstract).

Parcel 3 | Wayne County- 19 acres m/l – The W ½ NW ¼ SW ¼ of Section 5; all in Township 68 North, Range 22 West of the 5th P.M., Wayne County, Iowa (Exact Legal Description will be determined from the Abstract).

Parcel 4 | Wayne County- 119 acres m/l located in the N ½ SW ¼ & NW ¼ SE ¼ all in Section 28; Township 68 North, Range 21 West of the 5th P.M., Wayne County, Iowa (Exact Legal Description will be determined from the Abstract).

Property Location

Sales Terms & Announcements

Method: Each property will be 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 subject to the tenant’s rights under the 2022 farm lease.

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