Redfield, IA 50233,00 255th Street
Redfield, IA 50233,00 255th Street
Redfield, IA 50233,00 255th Street
$1,069,375
Est. payment /mo
$1,106,250
3.3%
Est.Price: ?

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73.75 Acres Lot
SOLD DATE : 10/25/2023

Key Details

Sold Price $1,069,375

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 675595

Sold Date 10/25/23

HOA Y/N No

Annual Tax Amount $1,494

Lot Size 73.750 Acres

Acres 73.75

Property Description

Dallas County, Iowa Farmland Available - I'm pleased to present 73.75 acres m/l of prime Dallas County farmland located north of Redfield, Iowa, and northwest of Adel, Iowa on 255th Street. This nearly 100% tillable farm consists of 73.33 FSA cropland acres, with 69.16 acres currently in production. The cropland acres currently being farmed boast an impressive CSR2 rating of 88.7, surpassing the Dallas County average of 76. The primary soil types on the property include Clarion loam, Webster clay loam, and Nicollet loam.

Additionally, 2.90 acres, situated in the southwest corner of the farm, is currently enrolled in an active CRP contract of CP21 providing an annual payment of $870 ($300/acre), this contract expires in 2032. Situated in Section 11 of Linn Township, this farmland benefits from its close proximity to a range of grain marketing options, including nearby ethanol plants and a variety of competitive grain elevators.

Located on the east side of the farm is a Northern Natural Gas pump station. The Northern Natural Gas Contract will transfer with the land, the new buyers will receive approximately $1,150 annually.

As farmland ownership continues to be long term, this is a rare opportunity to own land that hasn't been on the market for generations and is located in a tightly held area.

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Location

State IA

County Dallas

Area Redfield

Zoning Ag

Interior

Fireplace No

Exterior

Private Pool No

Schools

School District West Central Valley

Others

Tax ID 0911300003

Monthly Total Fees $124

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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Listed by Peoples Company
Bought with Peoples Company

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agent

Erika Hansen

+1(515) 720-2618

Agent | License ID: S58632000

Agent License ID: S58632000

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