$773,010
$773,010
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57.26 Acres Lot
SOLD DATE : 04/29/2024
Key Details
Sold Price $773,010
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 688499
Sold Date 04/29/24
HOA Y/N No
Annual Tax Amount $1,756
Lot Size 57.260 Acres
Acres 57.26
Property Description
We are pleased to represent the Luhrs Family Trust with their sale of 203.65 acres m/l, to be offered in three tracts, just west of Indianola, Iowa on Highway R57. These tracts consist of excellent row crop opportunities, exceptional building sites, and beautiful recreational land. The Luhrs family has been excellent stewards of the land being offered, providing new owners a turn-key asset. These tracts are conveniently located within 25 minutes of the West Des Moines Metropolitan Area.
This tract consists of 57.26 acres m/l with an estimated 51.14 FSA cropland acres, carrying a CSR2 value of 83.6. Of the FSA cropland acres, an estimated 47.4 acres are in row crop production, carrying a CSR2 value of 86.6. Primary soil types on this farm are some of the best in Warren County, including Sharpsburg and Macksburg silty clay loams. Terracing and tile help maintain the integrity of the tillable acres and help navigate water off of the farm, while also limiting erosion.
The additional FSA cropland acres are enrolled into CRP (Conservation Reserve Program), with an annual payment of $734.05. The CRP was implemented on the farm to improve environmentally sensitive acres for conservation benefits, all while helping control soil erosion and improve water and air quality, while also enhancing wildlife cover on the farm.
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Location
State IA
County Warren
Area Indianola
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Schools
School District Indianola
Others
Tax ID 14000290420
Monthly Total Fees $146
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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