6
Standard Listing
L-2500184
Ringgold County, Iowa
Active
± 360
$2,160,000
Simulcast Auction
L-2500170
- Status
- Location
- Tract Type
- Acres
- Active
- Warren County, Iowa
- Single Tract
- 143.14 ± Acres
Simulcast Auction
The live auction will be held on March 18, 2025, at 10:00 AM, at the Immaculate Conception Parrish Hall, 101 St James Street, St. Marys, Iowa 50241. Online bidding will begin on March 17, 2025, at 8:00 AM and close at the end of the live event.
We are offering 143.14 acres located on a paved county road, just 3.9 miles from the St. Charles/St. Marys exit off Interstate 35. The property features an older 1.5-story home in below-average condition, a 60 x 50 enclosed cattle shed in average condition, and a 45 x 50 machine shed with a concrete floor in good condition.
The buyer will receive an $8,417 credit at closing for the 2025 crop ground rental. Additionally, 49.54 acres are enrolled in the Conservation Reserve Program (CRP) through September 30, 2027, at a rate of $238.45 per acre, which amounts to an annual income of $11,813. The CRP payment will be prorated to the date of closing.
The buyer will also assume a lease for 35 acres of hay ground that will be put up on shares for the 2025 crop year. It will be the buyer's responsibility to assume all existing leases and to terminate any leases for 2026 if they choose to do so.
This is a great opportunity to purchase a well-maintained combination farm with good income potential in a desirable area, located just 23 miles from the I-35/I-80 interchange in West Des Moines.
Property Directions
From St. Marys, Iowa take County Road R45 north 1/2 mile to the SW corner of the farm. The farm lies to the east of R45.
Listing Information
Status
Active
Legal Description
Improvement Description
Annual Taxes
Size Acres
Acreage Breakdown
Cropland: 33.55
Hayland: 35.00
Non-crop: 21.85
CRP: 49.54 acres, $11,813 annual payment, expires 9/30/27
Building: 3.20
Hayland: 35.00
Non-crop: 21.85
CRP: 49.54 acres, $11,813 annual payment, expires 9/30/27
Building: 3.20
Location
Crop Info
Corn / Base: 26.25 / Yield: 139.00
Soybeans / Base: 17.17 / Yield: 44.00
All information is assumed to be accurate and substantially correct but no assumptions of liability are intended. Neither the seller nor the agent or representatives warrant the completeness or accuracy of the information. Seller does not guarantee timber volumes, values, acreages (total, woodland/cropland, stand or otherwise), tree ages or the condition and/or function of any improvements, including but not limited to all buildings, machinery, appliances, wells, equipment, livestock and ponds. No representations or warranties are expressed or implied as to the property, its condition, boundaries or logging feasibility. Prospective buyers should satisfy themselves as to the accuracy of this information.
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