Cerro Gordo County, IA
200.00 Acres M/L

190th Street |
Clear Lake, IA 50428 |
Listing #14763

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Map
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$1,400,000

Property Info

Description

Peoples Company is pleased to announce that a farm owned by the Oehlert family since the 1960's will be made available to the public. Offering 200 acres m/l of productive Cerro Gordo County farmland consisting of 195.95 FSA tillable acres carrying a CSR2 rating of 64.9. Private and county drainage tile has been installed (see attached tile map for known tile location). The county tile size increases to 22”, 24”, and finally 26” before out-letting into an open ditch flowing north into Beaverdam Creek. A wetland determination has been completed on the farm and the tract has been deemed "prior converted" or PC which would allow for current drainage tile to be maintained and new drainage tile to be installed on the farm without any restrictions (Contact Agent for copy of Wetlands Determination).

This farm would be a great add-on to an existing farm operation or for an investment buyer looking to diversify their portfolio. There are several competing grain marketing outlets in the surrounding area and a variety of ethanol plants and grain elevators. The farm is located just south of Clear Lake, Iowa in Union Township in Section 13.

There is a pipeline easement running through this tract. Please see attachments of map showing the easement location (Contact Agent for details).

Legal Description

The Southwest Quarter (SW1/4) and the Southwest Quarter (SW 1/4) of Northwest Quarter (NW 1/4) in Section Thirteen (13), Township Ninety-five (95) North, Range Twenty-two (22) West of the 5th P.M., Cerro Gordo County, Iowa. Exact legal to be taken from abstract.

Details

FSA Cropland Acres: 195.95
Corn: 147.4 base acres with a PLC Yield of 137
Soybeans: 4.5 base acres with a PLC Yield of 42
Farm is enrolled in ARC-CO

Directions

From Clear Lake, Iowa: Travel south on Grouse Avenue for 5 miles until reaching 190th Street. Turn right (west) on 190th Street for 1 mile. Tract is located on the north side of 190th Street marked with Peoples Company signs.

Sign On Property: Yes
MLS Number: 594594
Parcel Number: 091310000400, 091330000200, 091330000100, 091330000300, 091330000400
School District: Clear Lake
General Area: South of Clear Lake, Iowa
Net Taxes: $3,938.00
CSR2: 64.90
Possession: At Closing Subject to Tenant's Rights
Terms: Cash, Conventional

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