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Listing #18227

Fremont County, IA

Overview

  • 2Tracts
  • 160Total acres M/L
  • 134.88Tillable acres M/L
  • $5,642Net taxes
Fremont County, Iowa Land Auction - Peoples Company is pleased to present 160 acres m/l of prime farmland located northwest of Farragut, Iowa, in Sections 24 and 25 of Prairie Township. The farmland will be offered in two tracts. Located in a thriving farming community near Shenandoah and Farragut, this farm offers an exceptional opportunity to invest in high-quality, well-maintained land with strong market accessibility. Positioned near State Highway 2 and key transportation routes like U.S. Highway 59 and U.S. Highway 275, this farm ensures convenient grain transportation to multiple grain outlets. The farm's well-established conservation plan and meticulously maintained terraces highlight a strong commitment to land stewardship and sustainability, ensuring strong yields for years to come.

These farmland tracts would make a great addition to an existing farming operation or an investment for the buyer looking to diversify their portfolio. The tracts are leased for the 2025 crop season, and cash rent is to be prorated to the day of closing. (Contact the listing agents for details.) With the prime location, thoughtful land management, and strong rental potential, this farm is a secure and valuable asset for years to come. Don't miss your chance to own a piece of Iowa's premier farmland. 

Tract 1: 80 Acres M/L, 74.28 FSA HEL cropland acres with a CSR2 rating of 84.4.
Tract 2: 80 Acres M/L, 60.60 FSA HEL cropland acres with a CSR2 rating of 66.9.

The two tracts will be offered via Public Auction on Tuesday, April 29th, 2025, and will take place at 10:00 AM at Shenandoah Elks Lodge, 709 S Fremont Street, Shenandoah, IA 51601. The farmland tracts will be sold using the "Buyers Choice" auction method on a price per acre basis, and the high bidder can take, in any order, one or all tracts for their high bid. "Buyer's Choice" auctioning will continue until both tracts have been purchased and removed from the auction. The tracts will not be offered in their entirety at the conclusion of the auction. This auction can also be viewed through a Virtual Online Auction option, and online bidding will be available. 

Land

Zoning
AG
Net Taxes
5642
Parcel(s)
150150235000000, 150150236000000, 150150238000000, 150150237000000
School district
Farragut Community School District

Building

Location

Address:
200th Street, Farragut, IA 51639 Get Directions

Tracts

Tract 1 · 80.00 Acres M/L

Description

Tract 1 includes 80 acres m/l with 74.28 FSA cropland acres and an impressive CSR2 soil rating of 84.4, well above the Fremont County, Iowa average CSR2 soil rating of 73. The primary soil types include Marshall silty clay loam, and Colo-Judson silty clay loam. The farmland is classified as Highly Erodible Land (HEL). Contact the listing agents for a copy of the conservation plan. This farm is leased for the 2025 crop season, and cash rent is to be prorated to the day of closing. (Contact the listing agents for details.)  

Whether you're looking to add acres to your operation or to make an investment-grade purchase on high-quality farmland, this farm delivers! 

Legal Description

The South 1/2 of the Southwest 1/4 of Section 24, Township 69 North, Range 41 West of the 5 P.M. Exact legal description to be taken from Abstract. 

Directions

From Farragut, Iowa: Travel north on 370th Street for 2.25 miles. Turn left (west) on 200th Street and continue for 1.75 miles. The farm is located on the right-hand side of the road. Look for the Peoples Company signage.

From Shenandoah, Iowa: Travel west on 190th Street for 6.5 miles. Turn left (south) on 355th Avenue and continue for 1 mile. The farm is located on the right-hand side of the road. Look for the Peoples Company signage. 

Get Directions

Total acres
80.00
Tillable acres
74.28
Net taxes
3174.00
Parcel Number(s)
150150235000000150150236000000

Tract 2 · 80.00 Acres M/L

Description

Tract 2 includes 80 acres m/l with 60.60 FSA cropland acres and a CSR2 soil rating of 66.9. The primary soil types include Marshall silty clay loam, Colo-Judson silty clay loam, and Dow silt loam. The farmland is classified as Highly Erodible Land (HEL). Contact the listing agents for a copy of the conservation plan. This farm is leased for the 2025 crop season, and cash rent is to be prorated to the day of closing. (Contact the listing agents for details.)  

Along with the productive acres, this farm offers solid recreation opportunities. The timber draw has quality bedding areas and a ton of deer signs. The property has four driveways around the permitter, offering ideal access for all wind directions. 

Legal Description

The North 1/2 of the Northwest 1/4 of Section 25, Township 69 North, Range 41 West of the 5 P.M. Exact legal description to be taken from Abstract. 

Directions

From Farragut, Iowa: Travel north on 370th street for 2.25 miles. Turn left (west) on 200th street and continue for 1.75 miles. The farm is located on the left-hand side of the road. Look for the Peoples Company signage.

From Shenandoah, Iowa: Travel west on 190th street for 6.5 miles. Turn left (south) on 355th avenue and continue for 1 mile. The farm is located on the right-hand side of the road. Look for the Peoples Company signage. 

Get Directions

Total acres
80.00
Tillable acres
60.60
Net taxes
2468.00
Parcel Number(s)
150150238000000150150237000000

Video

Terms

Possession
At Closing
Zoning
AG

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

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