$1,069,375
$1,106,250
3.3%For more information regarding the value of a property, please contact us for a free consultation.
73.75 Acres Lot
SOLD DATE : 10/25/2023
Key Details
Sold Price $1,069,375
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 675595
Sold Date 10/25/23
HOA Y/N No
Annual Tax Amount $1,494
Lot Size 73.750 Acres
Acres 73.75
Property Description
Dallas County, Iowa Farmland Available - I'm pleased to present 73.75 acres m/l of prime Dallas County farmland located north of Redfield, Iowa, and northwest of Adel, Iowa on 255th Street. This nearly 100% tillable farm consists of 73.33 FSA cropland acres, with 69.16 acres currently in production. The cropland acres currently being farmed boast an impressive CSR2 rating of 88.7, surpassing the Dallas County average of 76. The primary soil types on the property include Clarion loam, Webster clay loam, and Nicollet loam.
Additionally, 2.90 acres, situated in the southwest corner of the farm, is currently enrolled in an active CRP contract of CP21 providing an annual payment of $870 ($300/acre), this contract expires in 2032. Situated in Section 11 of Linn Township, this farmland benefits from its close proximity to a range of grain marketing options, including nearby ethanol plants and a variety of competitive grain elevators.
Located on the east side of the farm is a Northern Natural Gas pump station. The Northern Natural Gas Contract will transfer with the land, the new buyers will receive approximately $1,150 annually.
As farmland ownership continues to be long term, this is a rare opportunity to own land that hasn't been on the market for generations and is located in a tightly held area.
visit our website for information regarding this listing.
Location
State IA
County Dallas
Area Redfield
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Schools
School District West Central Valley
Others
Tax ID 0911300003
Monthly Total Fees $124
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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