Property Info

Description

Rare opportunity to own a large, contiguous grain farm in Guthrie County, Iowa between Adair, Iowa and Casey, Iowa!  This farm consists of 360 acres m/l with 309.75 current crop acres and a CSR2 rating of 55.5.  The balance of the property includes 19.48 acres enrolled in two newer CRP (Conservation Reserve Program) contracts until 2027 with an annual payment of $4,606.  This farm includes several Sharpsburg soil ridges and overall has been a high producing farm with an APH (Actual Production History) yield for Corn of 194 bushels per acre and 50 bushels per acre for Soybeans.  (10 year average yields in Guthrie County have been 167 for Corn and 50 for Soybeans and 10 Year average yields in Adair County have been 157 for Corn and 49 for Soybeans)

Extensive improvements have been made to this property including drainage tile, terraces, general dirt work, and waterway installation and maintenance.  Over 40,000 feet of drainage tile has been installed including 5 inch, 8 inch, and 10 inch lines with water intakes placed throughout the terraces and anywhere else where necessary.  (See Attached Tile Map)  The four ponds located on this property are dual purpose as an outlet for the drainage tile and great recreational fishing ponds.  The dirt work done on this farm includes invoices that add up to over 785 hours of tree removal, waterway shaping, topsoil management, and upkeep for the ponds and dams.  There’s also 20,550 linear feet of terraces that manage the erosion and keep topsoil in place and have been spaced to accommodate 24 row equipment.  Fertility has always been a high priority for this farm with well above average P, K, and Organic Matter levels.  The most recent soil test was done on four acre grids and the maps are available upon request.

Farm is located in Section 36 of Grant Township along paved road Iowa Highway 925 / White Pole Road between Adair, Iowa and Casey, Iowa.  Several grain market options are available between a variety of grain elevators, livestock facilities that purchase grain locally, and ethanol plants in Atlantic, Iowa and Menlo, Iowa.

Legal Description

The Northwest Quarter (NW1/4), Parcel "A" of the Northeast Quarter of the Northeast Quarter (NE1/4 NE1/4), the South Half of the Northeast Quarter (S1/2 NE1/4), and the North Half of Southeast Quarter (N1/2 SE1/4), all in Section Thirty-six (36), Township Seventy-eight (78) North, Range Thirty-three (33), West of the 5th P.M., in Guthrie County, Iowa, except a triangular parcel of land in the Southeast corner of the NE1/4 SE1/4 of Section 36-78-33, described as beginning at the Southeast corner of said quarter-quarter, thence West along the South line thereof 123 feet, thence Northeasterly, 152.2 feet to a point in the East line of said quarter-quarter, said point being 92.2 feet North of said Southeast corner thereof, thence South 92.2 feet to the point of beginning, and containing 0.13 acres more or less, subject to and together with any and all easements, restrictions or covenants apparent or of record and except Parcel A in the Northwest Quarter recorded in the office of Guthrie County Recorder on March 1, 2006 in Book 2006 at Page 580. Exact legal to be taken from abstract.

Details

FSA Cropland Acres: 329.91
Corn: 183.2 Base Acres with a PLC Yield of 139
Soybeans: 125.4 Base Acres with a PLC Yield of 43
 

Directions

From Casey, Iowa: Travel west out of Casey on W Sherman Street / White Pole Road for 4 miles until reaching Indigo Avenue. The farm will be just past Indigo Avenue on the south side of Iowa Highway 925 / White Pole Road. Look for signs. 

• Sign On Property: Yes
• MLS Number: 579109
• Parcel Number: 423700
• School District: Adair - Casey
• General Area: West of Casey, Iowa
• Gross Taxes: $4,796.00
• CSR2: 55.50
• Possession: At Closing, Subject To Tenant's Rights
• Terms: Cash, Conventional

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