Dallas County, IA
255th Street
Redfield, IA 50233
73.75
Acres M/L
$1,106,250
Listing #16928
Contact
PROPERTY INFO
Description
Dallas County, Iowa Farmland Available - Peoples Company is pleased to present 73.75 acres m/l of prime Dallas County farmland located north of Redfield, Iowa, and northwest of Adel, Iowa on 255th Street. This nearly 100% tillable farm consists of 73.33 FSA cropland acres, with 69.16 acres currently in production. The cropland acres currently being farmed boast an impressive CSR2 rating of 88.7, surpassing the Dallas County average of 76. The primary soil types on the property include Clarion loam, Webster clay loam, and Nicollet loam.
Additionally, 2.90 acres, situated in the southwest corner of the farm, is currently enrolled in an active CRP contract of CP21 providing an annual payment of $870 ($300/acre), this contract expires in 2032. Situated in Section 11 of Linn Township, this farmland benefits from its proximity to a range of grain marketing options, including nearby ethanol plants and a variety of competitive grain elevators.
Located on the east side of the farm is a Northern Natural Gas pump station. The Northern Natural Gas Contract will transfer with the land, the new buyers will receive approximately $1,150 annually.
As farmland ownership continues to be long-term, this is a rare opportunity to own land that hasn’t been on the market for generations and is located in a tightly held area. Located in a strong farming community, this farmland tract would be a great add-on for an existing farming operation or a smart investment for the Buyer looking to diversify their portfolio. Don't miss the rare opportunity to own an exceptional farm in Dallas County, Iowa!
Legal Description
75 Acres More or Less located in Section Eleven (11), Township Seventy-nine (79) North, Range Twenty-nine (29) West of the 5th P.M., Dallas County, Iowa; EXCEPT 4.03 surveyed acres. The exact legal description is to be taken from the Abstract.
- Sign On Property: Yes
- MLS Number: 675595
- Parcel Number: 0911300003; 0911300001
- School District: West Central Valley Community School District
- General Area: North of Redfield, Iowa
- Net Taxes: $1,494.00
- CSR2: 88.70
- Possession: At Closing, Subject to Tenants Rights
Directions
From Redfield, Iowa travel north out of town on El Paso Avenue for approximately 5 miles or until you reach 255th Street. At 255th Street turn left (west) and continue straight for a quarter mile. The farmland will be on the north and south side of the road. Look for Peoples Company signs.
INTERACTIVE MAP
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