$3,540,334
$1
354033300.0%For more information regarding the value of a property, please contact us for a free consultation.
408.79 Acres Lot
SOLD DATE : 01/22/2025
Key Details
Sold Price $3,540,334
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 706460
Sold Date 01/22/25
HOA Y/N No
Annual Tax Amount $8,934
Lot Size 408.790 Acres
Acres 408.79
Property Description
Premium Decatur & Wayne County, Iowa Land Auction! - Presenting the sale of 408.79 acres m/l of high-quality tillable farmland located near Van Wert and Humeston, Iowa. The farm will be offered as 3 individual tracts with both live and online bidding options available on December 11th, 2024, at the Weldon Community Building in Weldon, IA at 10 A.M (CST).
Of the total 408.79 acres m/l in this portfolio, the farmland includes 387.35 FSA cropland acres carrying CSR2 ratings in the mid-60s to mid-50s. The remaining balance of the acres consists of quality pasture. These farms are located in a strong farming community near several competing grain markets which include both grain elevators and ethanol plants, these highly-tillable tracts of farmland would make for a great add-on unit to an existing farm operation or investment-grade quality land purchase.
Tract 1: 216.55 Acres M/L with 207.26 FSA cropland acres, carrying a CSR2 value of 63.1. Located on Highway 69 in Decatur County.
Tract 2: 152.24 Acres M/L with 143.29 FSA cropland acres and 123.51 acres currently in production, carrying a CSR2 value of 58.5. Located near Humeston in Wayne County.
Tract 3: 40 Acres M/L with 36.8 FSA cropland acres and 19.79 acres currently in production, carrying a CSR2 value of 55.1. Located near Humeston in Decatur County.
Location
State IA
County Decatur
Area Van Wert
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Schools
School District Outside School District
Others
Tax ID 0317300004, 0317300001, 0317300002, 0317300005, 03
Monthly Total Fees $744
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Auction
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