Fairbank, IA 50629,0 270th Street / V62 Avenue
Fairbank, IA 50629,0 270th Street / V62 Avenue
Fairbank, IA 50629,0 270th Street / V62 Avenue
$1,479,000
Est. payment /mo
$1,507,365
1.9%
Est.Price: ?

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116.85 Acres Lot
SOLD DATE : 03/25/2025

Key Details

Sold Price $1,479,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 708997

Sold Date 03/25/25

HOA Y/N No

Annual Tax Amount $3,784

Lot Size 116.850 Acres

Acres 116.85

Property Description

Offering 116.85 acres m/l of high-quality farmland with a location just northwest of Fairbank in Bremer County, Iowa. This farm is nearly 100% tillable with 113.43 FSA tillable acres carrying an average CSR2 of 83, well above the county average. The main soil types include Marquis loam, Readlyn silt loam, and Clyde silty clay loam. Drainage has been improved over the years with over 44,000 feet of plastic tile installed in 1979, 1994, 1997, and 2020. The land lies along V62 Highway and 270th Street and is only four miles from the POET ethanol plant in Fairbank, Iowa. The current owner-operator has improved and taken excellent care of the land creating a turn-key opportunity for a local farmer to add to their operation or an investor to their portfolio. The farmland is located in Section 25 of Franklin Township, Bremer County, Iowa.

Location

State IA

County Bremer

Area Other

Zoning Ag

Interior

Fireplace No

Exterior

Private Pool No

Schools

School District Wapsie Valley

Others

Tax ID 1225400005, 1225400003, 1225400001

Monthly Total Fees $315

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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