IA 50123,1670 Vale Road
IA 50123,1670 Vale Road
IA 50123,1670 Vale Road
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198.98 Acres Lot
Pending

1670 Vale Road IA 50123

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Ethan Hokel

Ethan Hokel

Hokel Real Estate Team

+1(515) 981-2113

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 710277

HOA Y/N No

Annual Tax Amount $3,784

Lot Size 198.980 Acres

Acres 198.98

Property Description

Wayne County, Iowa Farmland Auction on Thursday, February 27th, 2025 at 10:00 AM! We are pleased to present a highly improved, combination farmland tract in northwest Wayne County, Iowa. This individual tract, comprised of 198.98 acres m/l located 3.50 miles northeast of Humeston, Iowa, and 2.75 miles southeast of Derby, Iowa, would be a smart investment for a beginning farmer, a buyer looking to diversify their portfolio, or anyone interested in long-term land investment opportunities.

This turn-key farmland tract includes 173.18 FSA tillable acres carrying a CSR2 soil rating of 48.9, including Zook-Olmitz-Vesser complex and Arispe silty clay loam as the primary soil types. Currently, there are 138 acres being farmed with the balance consisting of alfalfa hay ground and highly improved pasture for grazing livestock. The farm has a conservation plan and is available for the 2025 cropping season.

The pasture is comprised of cool-season grasses with well-maintained perimeter and interior fences that have been updated within the last 10 years, with the majority of it being replaced in the past 5 years with EQIP funding. There are a total of 4 ponds, all built within the last few years, that are well-distributed across the farm. All ponds are fenced and equipped with Cobett waterers, located directly below the dams, providing unmatched winter endurance and versatility for fall grazing of crop residue for southern Iowa livestock producers.

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Location

State IA

County Wayne

Area Humeston

Zoning Ag

Interior

Fireplace No

Exterior

Private Pool No

Schools

School District Mormon Trail

Others

Tax ID 020A06200005

Monthly Total Fees $315

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Auction


Listed by Peoples Company

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Ethan Hokel

Agent | SS63807000

+1(515) 981-2113

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1670 Vale Road