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Listing #16352

Adair County, IA

Overview

  • 155.78Total acres M/L
  • 124.8Tillable acres M/L
  • 59.5Average CSR2
  • $3,630Net taxes

Adair County, Iowa Farmland Auction - Mark your calendars for Thursday, October 27th, 2022 at 10:00 AM! Peoples Company is pleased to offer a “Century Farm” consisting of 155.78 total acres m/l of Adair County, Iowa farmland. Owned since March 3rd, 1882, this Cooper Family farmland has been a longtime held heirloom with over 140 years of ownership.

This farm is located northwest of Greenfield, Iowa and consists of 124.80 FSA tillable acres with a CSR2 soil rating of 59.5.  Currently, there are 68.60 acres being farmed with the balance consisting of approximately 80 acres of pasture. The northern tract and part of the southern tract of pasture has previous cropping history and may be farmed, but an interested Buyer should verify any information specific to their planned farming practices. An updated conservation plan would potentially require a portion of the property in the southeast corner to include a different crop rotation than Corn/Soybean. Improvements include installation of over 6,900 linear feet of 5” drainage tile during spring 2019 on the south side of the farm.

The pasture is currently divided into two sections (north and south) and consists of cool-season grasses with a one-acre pond in the southeast portion of the farm along with well-maintained five-strand, barbed-wire exterior fences. There is a partition fence agreement with the landowners to the east stating that the boundary fence will be managed by “Left-Hand Rule”. Please contact the listing agents for a copy of the partition fence agreement.

This farmland tract would make for a great add-on unit to an existing farming operation or investment-grade quality land purchase with easy access to several nearby grain marketing options. The farm lease has been terminated and will be available for the 2023 farm year. The public auction will take place on October 27th, 2022, at 10:00 AM at the Adair Health & Fitness Center, 202 NW North Townline Road, Greenfield, Iowa 50849. This auction can also be viewed through a Virtual Online Auction option with online bidding.

Land

Zoning
Agricultural
Gross Taxes
3630
Parcel(s)
0627300001; 0627300002; 0627300006; 0627300004
School district
Nodaway Valley Community School District

Location

Address:
County Road N77/210th Street, Fontanelle, IA 50846 Get Directions
Directions:

From Greenfield, Iowa: Travel north out of town on Iowa Highway 25 for approximately 2.50 miles and turn left (west) onto 210th Street. Continue west for approximately 3.50 miles and the farm will be located northeast of the intersection of 210th Street and N77/Jordan Avenue. Look for the Peoples Company signs.

Video

Terms

Possession
At Closing, Subject to Tenant's Rights
Zoning
Agricultural
Legal description
The Southwest Quarter (SW 1/4) of Section Twenty-seven (27), Township Seventy-six (76) North, Range Thirty-two (32) West of the 5th P.M., EXCEPT Parcel "A" of the Southwest Quarter (SW 1/4) of Section Twenty-seven (27), Township Seventy-six (76) North, Range Thirty-two (32) West of the 5th P.M., as described on Plat of Survey filed May 15, 2018 in Book 601 Page 304 in the Office of the Adair County Recorder. Exact legal description to be taken from Abstract.

Cash / Conventional

Remaining terms and conditions are supplied per listing by the CMS.

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