Madison County, IA
26.76 Acres M/L

Rustic Avenue & 285th Lane |
East Peru, IA 50222 |
Listing #17434

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$307,740

Property Info

Description

Peoples Company is pleased to market a high-quality farm in Madison County, Iowa. The farm has 26.76 m/l surveyed acres with 24.96 FSA Cropland Acres carrying a CSR2 of 79. The farm yielded 205-bushel corn during the 2023 crop season. Farm improvements were made last year by removing terraces and cleaning up fence lines to improve the ability to farm. The tillable acres are being custom operated for the 2024 crop season.

The property also has multiple spots to build being less than one-half mile off pavement and only 35 minutes to the Des Moines Metro. The farm is located northeast of East Peru in Section 2 of Walnut Township.

Legal Description

Parcel "E" a tract of land described as part of the NE 1/4 of the SE 1/4 (NE 1/4 SE 1/4) of Section 2, Township 74 North, Range 27 West of the 5th P.M. Madison County, Iowa. Exact legal description to be taken from Abstract.

Directions

From the intersection of Interstate 35 and Highway 5 in West Des Moines, head south on Interstate 35 for 20 miles and take Exit 47 onto Highway 46 / Peru Road. Take Peru Road west for 9 miles until reaching Rustic Road. Turn right (north) on Rustic Road for one-half mile. The property is located on the southwest corner of Rustic Road and 285th Lane.

Sign On Property: Yes
MLS Number: 690138
Parcel Number: 700150282010000
School District: Winterset School District
General Area: Northeast of East Peru
Net Taxes: $516.00
CSR2: 79.00
Possession: At Closing
Terms: Cash, Conventional, FSA

Additional Info

*A principal of the selling LLC holds an active real estate license in the State of Iowa.

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