Wayne County Land for Sale

Description:

298 acres m/l of quality Wayne County farmland for sale as one contiguous tract. This property has been well maintained in the past and provides a unique opportunity to purchase a farm of this size and quality in the area of Wayne County. The cropland is leased for the 2022 crop year.

Price & Terms:

$1,937,000 total, $6,500 per acre on 298 acres. 10% down upon acceptance of offer, balance due at closing.

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Listing Info & Photographs

Seller: Jamke Farms, LLC

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Contact an Agent Today

Matt Mann

Matt Mann

Vince Johnson

Vince Johnson

Taxes, FSA Data & Property Info

Estimated Net Taxes

$4,850/year

FSA Data

Number: 4762

Tract Number: 3567

DCP Cropland: 283.10

Cropland: 242.10

Corn Base Acres: 146.25

Corn PLC Yield: 101 bushels per acre

Oat Base Acres: 3.08

Oat PLC Yield: 47 bushels per acre

Wheat Base Acres: 3.83

Wheat PLC Yield: 35 bushels per acre

*Information is estimated pending reconstitution of farm by Wayne County FSA Office

Legal Description

Wayne County – 298 acres m/l in the Southeast ¼; Southwest 1/4 except the 9.6-acre Parcel Commencing 80 feet South of the Northwest Corner of the Southwest ¼, then East 600 feet, South 750 feet, West 600 feet, North 750 feet to Point of Beginning; all in Section 12, Township 68 North, Range 22 West of the 5th P.M., Wayne County, Iowa. (Exact Legal Description will be determined from the Abstract)

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.