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Listing #19686

$1,750,000

Greene County, IA

Overview

  • $11,985Per acre
  • 146.01Total acres M/L
  • $5,900Net taxes
Greene County, Iowa Farmland Available! Peoples Company is pleased to present 146.01 acres m/l of Greene County, Iowa farmland that has been a long-held family heirloom of the Kruse Family. The farmland is located south of Jefferson, Iowa, and just west of Iowa Highway 4 on the east/west gravel road 280th Street. Further, the farm can be found in Section 31 of Grant Township.
 
The farm includes 136.56 FSA NHEL cropland acres with a CSR2 soil rating of 81.5. The farm includes highly productive soil types of Clarion loam and Nicollet loam. County drainage tile lies on the farm with a 26" tile main running through the southeastern portion of the farm. Water in the tile main flows north and outlets into the open creek located on the northeast edge of the property, which would allow additional drainage tile to be added and outlet to ‘daylight’.  The southern portion of the farm lies in Drainage District 40.  See the "Tile Map" and "Drainage Map" found under attachments for more information and approximate locations.

The current farm tenant is the second generation to operate this farm and has done a great job taking care of this property. Acting as good stewards to the farmland, the tenants have maintained the grass headland running the length of the east side of the property, have kept trees and weeds out of the established terraces, and have been actively engaged in conservation practices through waterway placement. A substantial waterway improvement project was completed in 2020 that included extensive dirt work and waterway re-shaping to more efficiently direct water off the property.

Access to the farm is provided from the southeast end of the property off 280th Street, with a grass lane running along the east side of the field leading to the middle of the tract. Lying just 1.5 miles west of Iowa Highway 4, the farm offers convenient access to nearby grain elevators and ethanol plants, as well as local and state highways. Farming rights are available for the 2027 growing season. 

Whether you are a local producer looking to expand your operation, an investor searching for an income producing asset, or a beginner farmer, this tract presents the opportunity to own highly productive farmland in a desirable farmland community of Greene County, Iowa. 

Land

Zoning
Ag
Gross Taxes
5900
Net Taxes
5900
Parcel(s)
1131100004, 1131100003, 1131100007, 1131300002, 1131300003, 1131300004
School district
Greene County Community School District

Location

Address:
280th Street, Jefferson, IA 50129 Get Directions
Directions:
From Jefferson, Iowa: Head south on Iowa Highway 4 for approximately 3.5 miles until 280th Street. Then take a right (west) onto 280th Street and continue for 1 mile. The farm will be on the right (north) side of the road. Look for Peoples Company signage.

Terms

Possession
At Closing, Subject to Tennant's Rights
Zoning
Ag
Legal description
88.02 acres off the East side of the Northwest Quarter (NW 1/4) and 99.20 acres off the East side of the Southwest Quarter (SW 1/4), all in section Thirty-one (31), Township Eighty-three North (83N), Range Thirty (30) West of the 5th P.M., Greene County, Iowa, EXCEPT Lot One (1) of the Northeast Quarter (NE 1/4) of the Northwest Quarter (NW 1/4), and Lot one (1) of the Northwest Fractional Quarter (NW fr 1/4) of the Northwest Quarter (NW 1/4), and Lot One (1) of the Southeast Quarter (SE 1/4) of the Northwest Quarter (NW 1/4). Exact legal description to be taken from Abstract.

Remaining terms and conditions are supplied per listing by the CMS.

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