241.4 Acres m/l CRP Ground & Cropland - 2 Tracts Decatur County, IA - Burrell Township

Land For Sale

241.4 Acres m/l CRP Ground & Cropland - 2 Tracts Decatur County, IA - Burrell Township

Price: Tract 1: $708,000; Tract 2: $740,400

Price Per Acre: $6,000/acre

Documents and Maps

Property Location

Tract 1 is located 1 mile south of Decatur, Iowa on County Road R34 and 1/2 mile west on County Road R30. 

Tract 2  is located 1 mile south of Decatur, Iowa on County Road R34 and 1.3 miles west on County Road R30.

Legal Description

Tract 1 (118 Acres m/l) -  The Northeast Quarter (NE¼) of Section Four (4), Township Sixty-eight (68) North, Range Twenty-six (26) West of the 5th P.M. lying West of Interstate 35 and South and East of centerline of county road, Decatur County, Iowa. Exact legal to be taken from abstract.

Tract 2 (123.40 Acres m/l) - The Southwest Quarter (SW¼) of Section Four (4), Township Sixty-eight (68) North, Range Twenty-six(26) West of the 5th P.M., lying West and North of centerline of county road, Decatur County, Iowa. Exact legal to be taken from abstract.

FSA Information

Total Cropland Acres (Tract 1 & 2 Combined): 155.97 acres including 152.28 acres currently enrolled in CRP. 

Tract 1 CRP Acres: 69.94 acres
Annual CRP Payment: $9,022.26 ($129/acre)
Contract Expiration: 9/30/2030

Tract 2 CRP Acres: 82.34 acres
Annual CRP Payment: $10,621.86 ($129/Acre)
Contract Expiration Date: 9/30/2030

Soils

Tract 1 - Armstrong, Gara, Caleb, Bucknell, Mystic, Lineville, Pershing, Adair, Arispe, Olmitz-Zook, Lamoni
Tract 2 - Armstrong, Lineville, Pershing, Lindley, Douds, Bucknell, Gara, Caleb, Keswick

Surety/Agridata Avg

Tract 1 Avg. CSR2: 25.7 / Avg. CSR1: 24.7
Tract 2 Avg. CSR2: 25.2 / Avg. CSR1: 21.7

Real Estate Taxes

Tract 1: $1,192
Tract 2: $942

Comments

Prospective buyers, the farm offers flexibility in terms of purchase options. It can be acquired in its entirety or the owners are willing to divide it into two tracts.

Listing Agent

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