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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