Combination of tillable (78%) and recreational, timber, creek, pasture (22%). Farm made up of very high quality Tama-Dinsdale-Colo Series soils, with an average CSR2 of almost 82 on cropped acres. Contract terms offered, with an attractive interest rate. Selling subject to cash rent lease for 2021. Nice secluded timber cut by Black Hawk Creek for hunting and fishing.
Property Location: From intersection of T-65 (W Avenue) and Iowa Highway 175 (260th Street) at the east edge of Reinbeck, go one mile east on Iowa Highway 175, then approximately one half mile north on dead end road (X Avenue). Farm is located on the west side of road.
CRP: 1.29 acres in CRP at $492.00 per year through September 30, 2024. Part of CRP contract including other land.
Legal Description: Sec 22-87N-15W, Grundy Co, all of SW 1/4 NE 1/4 lying N & W of the former RR right-of-way, all the abandoned former RR right-of-way across the SW 1/4 NE 1/4, E 1/2 NE 1/4, N 20 Ac of E 1/2 SE 1/4 (Black Hawk Township). Property includes a 50 ft wide access easement across Parcel 691-A & Parcel 692-A (the building site acreage sold off the farm).
Annual Taxes: 2019-2020 Real Estate Taxes: $2,496 per year (net), or $19.20/acre (net).