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Listing #18492
$625,000
Fayette County, IA
Overview
- $12,850Per acre
- 48.64Total acres M/L
- 47Tillable acres M/L
- $1,736Net taxes
Peoples Company is pleased to present 48.64 surveyed acres of high-quality farmland located in southwest Fayette County, Iowa. The farm is nearly 100% income-producing with 47 estimated FSA tillable acres carrying a CSR2 of 84.5. The land is gently sloped with some tile providing excellent drainage. Farmland of this size and quality rarely hits the open market and provides a great opportunity for a 1031 exchange, beginning farmer, or investor buyer. There are multiple grain marketing outlets in the area with the Fairbank POET ethanol plant located just 10 miles to the south. The land is situated northwest of Westgate along paved Highway V68/W Avenue in Section 17 of Fremont Township, Fayette County, Iowa.
Land
- Zoning
- Agriculture
- Gross Taxes
- 1736
- Net Taxes
- 1736
- Parcel(s)
- Part of 1317200007
- School district
- West Central Community School District
Location
- Address:
- W Avenue, Westgate, IA 50681 Get Directions
- Directions:
- From Westgate, head west on 100th Street for 2 miles until reaching W Avenue. Turn right (north) on W Avenue for 0.75 miles. The property is located on the west side of W Avenue.
Terms
- Possession
- At Closing, Subject to Tenant's Rights
- Zoning
- Agriculture
- Legal description
- Parcel 'C' being part of the Southeast Quarter of the Northeast Quarter (SE1/4-NE1/4) and part of the Northeast Quarter of the Southeast Quarter (NE1/4-SE1/4); all in Section Seventeen (17), Township Ninety-two (92) North, Range Ten (10) West of the Fifth Principal Meridian, Fayette County, Iowa containing 48.64 acres, more or less. 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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