Presenting 2 well-maintained upland row crop farms to be offered in 5 tracts. These farms are highly tillable and also include hunting, fishing, and potential build sites. The current crop lease is based on approximately 450 tillable acres, or 82% tillable. These farms cash rented for $99,000 ($220 per tillable acre) in 2023 and 2024, with open tenancy after 2024 crops are harvested. The current tenant is a reputable farmer and has applied fertilizer at a minimum of 150-70-55 pounds per acre for corn and a minimum of 0-40-70 pounds per acre for soybeans. Some areas had a cover crop applied after the 2023 harvest, and several tracts feature terracing, grass waterways, and erosion control ponds. Primary soil types are Lamoni clay loam, Shelby loam, and Grundy silt loam, with an overall NCCPI of 63.

Seller is offering extended closing. Closing on or before 10/15/24.

Tract 1 of 5 Description: 238.5 acres

This tract is over 80% tillable with excellent access along blacktop State Highway D, as well as good gravel road frontage along NE Stewart Rd. Grass waterways and several ponds help control waterflow and erosion, plus much of the farm was planted to a cover crop after the 2023 harvest. There are numerous potential build sites on this farm, with utilities available at the road, plus there’s an inactive water meter that could be reactivated if a buyer chooses. 204 tillable acres are comprised mostly of Lamoni clay loam and Shelby loam.

Tract #: 1

Deeded Acres: 238.5

FSA Farmland Acres: 204 (Estimated, FSA Tillable TBD)

Soil Types: Lamoni clay loam, Shelby loam, Zook silty clay loam, and others

Soil PI/NCCPI/CSR2: NCCPI 63 NCCPI

CRP Acres/payment: No CRP

Taxes: $571.79

Lease Status: Open tenancy for 2025/Subject to 2024 tenancy agreement

Possession: Immediately after harvest

Survey needed?: No survey needed

Brief Legal: SE and S NE S33 T60N R30W

PIDs: 000001823300000000500

Lat/Lon: 39.9649 -94.2622

Zip Code: 64497