$1,700,000
00 20th Street Oelwein, IA 50662
19
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$1,700,000
Est. payment /mo
161.5 Acres Lot
Active
00 20th Street Oelwein, IA 50662
UPDATED:
10/16/2024 09:15 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 705946
HOA Y/N No
Annual Tax Amount $5,500
Lot Size 161.500 Acres
Acres 161.5
Property Description
Fayette County Farmland Available! Offering 161.5 acres m/l of high CSR2 land located just southwest of Oelwein in Section 31 of Jefferson Township. The farm currently provides an estimated 136.72 FSA cropland acres carrying an average CSR2 of 86.3. The farm is designated NHEL (non-highly erodible land) and the main soil types are the productive Kenyon, Floyd, and Clyde Clay loams. A 10.6 acre portion of the non-tillable area is considered a Farmable Wetland with older tile located below the surface. The remaining 14.4 non-tillable acres in this area are not considered wetlands and could be tiled and farmed. The majority of the non-tillable area offers excellent soil types and would significantly increase farm production. If preferred, this area could also offer ample recreational opportunities with signs of many turkeys and upland birds as well as bedding areas for whitetail deer. The farm is situated in a prime area for row crop production with the Fairbank ethanol plant just three miles away and the Cedar Rapids and Mississippi River grain outlets each within sixty miles. The farm has access and road frontage along 20th Street and an additional access point will be given via permanent easement through the west edge of the acreage site. The acreage amount may change slightly when the building site is surveyed off from the farmland. Whether you are a local farmer or investor, you won't want to miss the opportunity to own this farm with significant upside potential!
Location
State IA
County Fayette
Area Oelwein
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Others
Tax ID 1831100007
Monthly Total Fees $458
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Peoples Company
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