Clarke County, IA

U.S. Highway 34 / 260th Avenue
Osceola, IA 50213

39.31 Acres M/L
$235,000

Listing #15655

PROPERTY INFO

Description

Peoples Company is pleased to be representing 39.31 surveyed acres m/l owned by Teamwork Ranch, LLC in Clarke County, Iowa that is located directly east of Osceola, Iowa; which is known for being uniquely positioned at the intersections of Interstate 35, Highways 69, 34, and 152, as well as the BNSF rail line for the crossroads of business, industry, travel, and tourism throughout the Midwest. This affordable tract consists of a total of 39.31 acres m/l with an estimated 28.37 FSA Cropland Acres - 26 acres are currently leased for row crop production carrying a tillable CSR2 rating of 60.5. Primary soil types include Arispe silty clay loam, Grundy silty clay loam, Haig silt loam, and Clarinda silty clay loam. The balance of the property includes grassed waterways and a small pond located in the middle of the farm. This farm would be a great add-on to an existing farming operation or a smart investment for the Buyer looking to diversify their portfolio.

This farm has been professionally managed by a farm manager resulting in increased fertility and nutrients levels including Phosphorus (P), Potassium (K), Organic Matter (OM), and the pH balance. Soil test records from 2016 would be available by contacting the listing agent. Other improvements made to this tract during previous fall seasons include broadcasting cereal rye for a cover crop. The farm lease will be terminated and the farm will be open for the 2022 cropping season.

The property is situated approximately three and one-half miles directly east of Osceola, Iowa along U.S. Highway 34, west of 260th Avenue, and immediately adjacent to the BNSF Railroad in Section 22 of Osceola Township. Electric is available through Alliant Energy and water is available through Southern Iowa Rural Water Association (SIRWA) with a rural water line located on the north side of U.S. Highway 34; please contact SIRWA for additional service questions.

Legal Description

Parcel "A", recorded in Book 43, Page 93 AND of Parcel "D", recorded in Book 44, pages 115-117, EXCEPT Parcel F, recorded in Book 44, pages 357-358, and EXCEPT, Gilbert Acres, an official plat of Clarke County recorded in Book 2013, page 1470, all being in the Northeast One-Quarter of Section Twenty-two (22), Township Seventy-two (72) North, Range Twenty-five (25) West of the 5th P.M., Clarke County, Iowa. Exact legal description to be taken from the Abstract.

Farm Details

FSA Cropland Acres: 29.85
Base Acres: 20.3
Corn: 11.6 base acres with a PLC Yield of 108
Soybeans: 8.7 base acres with a PLC Yield of 35

  • Sign On Property: Yes
  • MLS Number: 635130
  • Parcel Number: 13029; 13184
  • School District: Clarke Community School District
  • General Area: East of Osceola, Iowa
  • Net Taxes: $694.00
  • CSR2: 60.50
  • Possession: At Closing, Subject to Tenant's Rights
  • Terms: Cash / Conventional

Directions

From Osceola, Iowa: Travel east out of Osceola for approximately three and one-half miles and turn right (south) onto 260th Avenue. The farm is located south of U.S. Highway 34 and along the west side of 260th Avenue. Look for the Peoples Company signs.

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