Jasper County, IA
234.59 Acres M/L

Highway F17 East/East 116th Street North
Grinnell, IA 50112
Listing #17311

Pending

$1,950,000

Property Info

Description

Peoples Company is pleased to present 234.59 acres m/l of Jasper County farmland located approximately 4.5 miles west of Newburg, Iowa, and 4.5 miles southeast of Laurel, Iowa. The farm includes 193.81 FSA Cropland acres with approximately 149.63 acres M/L currently in production with a CSR2 soil rating of 66.3. 

The tillable acres include highly productive Tama silty clay loam, Killduff silty clay loam, and Ackmore-Colo complex. The farm is open for the 2024 cropping season. The property also offers a recreational component of over 30 acres m/l of timber draws with a creek bed on the northeastern portion of the property. The farm is located in Section 18 of Hickory Grove Township, Jasper County, Iowa. 

Frontage on paved County Highway F17 East & East 116th Street North provides great access from both the south and east sides of the property. There are several grain marketing outlets located nearby including grain elevators and ethanol plants that can be accessed by both county and state paved highways. This farmland tract is located in a strong farming community and would make a great add-on to an existing farming operation or an investment for the Buyer looking to diversify their portfolio or hedge inflation.

Legal Description

The Southeast Quarter and the South Half of the Northeast Quarter of Section 18, Township 81 North, Range 17 West of the 5 P.M., Jasper County, Iowa, EXCEPT Parcel A lying in the Southwest Quarter of said Southeast Quarter of Section 18. Exact legal description to be taken from Abstract. 

Directions

From Gilman, Iowa: Travel south out of Gilman on County Highway T38 North for 4 miles until reaching County Highway F17 East. Turn right (west) on County Highway F17 East and continue straight for 4 miles. The property is located on the right. Look for the Peoples Company sign. 

From Kellogg, Iowa: Travel north out of Kellogg on State Highway 224 for 7 miles until reaching County Highway F17 East. Turn right (east) on County Highway F17 East and continue straight for half a mile. The property is located on the left. Look for the Peoples Company sign.
  • Sign On Property: Yes
  • MLS Number: 687660
  • Parcel Number: 0518400005, 0518400004, 0518400002, 0518400001, 0518200003, 0518200004
  • School District: Grinnell-Newburg Community Schools
  • General Area: West of Newburg
  • Net Taxes: $6,946.00
  • CSR2: 66.30
  • Possession: At Closing, Subject to Tenant's Rights
  • Terms: Cash, Conventional

Interactive Map

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Photos

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