$3,000,000
$3,164,550
5.2%For more information regarding the value of a property, please contact us for a free consultation.
289 Acres Lot
SOLD DATE : 08/17/2024
Key Details
Sold Price $3,000,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 696905
Sold Date 08/17/24
HOA Y/N No
Annual Tax Amount $8,280
Lot Size 289.000 Acres
Acres 289.0
Property Description
Large Contiguous Black Hawk County Farm Available! Offering 289 acres m/l of highly tillable land situated in an excellent farming area between Fairbank, Dunkerton, and Jesup, Iowa. The farm is comprised of 280.05 FSA Cropland acres carrying a CSR2 of 72.9 of which 257.81 acres m/l are currently being farmed and 16.59 acres m/l are enrolled into CRP contracts expiring in 2030. There are 11.47 acres of buffer strips enrolled into a CP21 wildlife habitat CRP program paying $214/acre annually and expiring in 2030 and 5.12 acres enrolled into a CP8A grass waterway program paying $214/acre annually and expiring in 2030. The remaining tillable land consists of grass waterways.
The farm is easily accessible with nearly two miles of road frontage along three sides from Duffy Road, Black Hawk-Buchanan Avenue, and the paved Dunkerton Road. The Fairbank Ethanol plant is just minutes away with the Cedar Rapids grain market accessible in less than an hour. Additional future wind or solar energy income may be possible with a 345kV MidAmerican transmission line running along the property's northern edge. The opportunity to own a large, contiguous farm in this area is extremely rare. The farm is leased for 2024 and has been very well maintained for many years by a long-term tenant but would be open for the 2025 crop season. This land is located in Section 25 of Lester Township, Black Hawk County, Iowa.
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Location
State IA
County Blackhawk
Area Fairfield
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Schools
School District Wapsie Valley
Others
Tax ID 901125126001
Monthly Total Fees $690
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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