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FNC Listing Number: L-1800110

Price: $1,443,388.00
State: Iowa
County: Howard
Acres: 156.89
Listing Agent:  Roger Johnson
Phone:  (319) 277-0464
Fax:  (319) 277-0464
Mobile:  (319) 230-0389


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Property description:
Very high quality 156.89 acre bare land tract located on a paved road, in southwest Howard County, in northeast Iowa. Available to investors only with a lease back to seller required. The farm is approximately 97% tillable and fully patttern tiled on 40 foot centers (tile map is available). All NHEL, with average CSR of 79.7 and CSR2 of 88.7, excellent operation. Offering a 2.50% to 3.00% net return on investment. Priced to sell quickly!

The farm is located four and three-quarter miles north of Elma on County Paved road V-18 (Garden Avenue). Located on the west side of paved road V-18 (Garden Avenue) and on the north side of the first gravel road (135th Street) and on the south side of the second gravel road (130th Street).

For additional information, please contact Roger Johnson, Agent, at (319) 230-0389.

Legal Description: NE 1/4 (Except A 3.11 acres hog confinement building site in the S1/4 SW1/4 NE1/4, which is legally described as Lot 1) of section 12, Township 98 North, Range 14 West of the Fifth P.M. (Afton Township)


Crop: Corn Base: 116.63 acres Yield: 143 bushels per acre

Crop: Soybeans Base: 7.33 acres Yield: 38 bushels per acre

Crop: Oats Base: 1.95 acres Yield: 49 bushels per acre

Annual Taxes: $4,012.00



If you need additional property information or would like to arrange for showing, please contact the Listing Agent or call Farmers National Company at 1-800-346-2650.
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