STORY COUNTY: 80 ACRES M/L
- The Dirt Dealer
- Jun 7
- 3 min read
Updated: 3 days ago
STORY COUNTY
LAND FOR SALE
80 ACRES M/L
LISTING AGENT:
LISTING # 25117
DRONE AND MORE PHOTOS
COMING SOON
PRICE: $14,750/ACRE
DESCRIPTION: 80 acres m/l in northeastern Story County land is for sale. This property consists of 80 acres m/l, of which there are 79 taxable acres m/l and 80 cropland acres m/l. This tract has an average CSR2 of 87.3, with the Story County average CSR2 being 80.2.
DIRECTIONS: From Zearing, Iowa, go south on State Highway 65 to 160th Street, then west on 160th Street 1 mile to 690th Avenue, then south on 690th Avenue 1/2 mile. The subject property is located on the east side of 690th Avenue. Please watch for real estate signs.
LEGAL DESCRIPTION: (80 Acres M/L) North One-Half of the Southwest Quarter (N1/2 SW1/4), all in Section Five (5), Township Eighty-four (84) North, Range Twenty-one (21), West of the 5th P.M., Story County, Iowa. Please refer to abstract for the exact legal description.
FARM PROGRAM INFORMATION:
Cropland: 80 acres
Corn Base: 60 acres PLC Yield: 165 bu.
Bean Base: 20 acres PLC Yield: 50 bu.
This farm is classified as Non-Highly Erodible Land. No Wetlands Determination is complete at this time.
FARM LEASE: The subject property is rented for the 2025 crop year. Contact realtor for terms and conditions of the lease.
IMPROVEMENTS: Improvements are field drainage tile and perimeter fence.
PROPERTY TAXES: $2,692/year. Property taxes will be prorated to date of closing.
TERMS AND CONDITIONS
SALE METHOD: This tract will be offered as an individual tract of 80 acres m/l.
MINERALS: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer.
EARNEST PAYMENT: A 10% earnest money payment is required with all offers. The earnest payment may be paid in the form of cash or check. All funds will be held in the named attorney’s trust account.
POSSESSION: Possession will be granted at closing, which will occur 30 days after acceptance of an offer by all parties.
CONTRACT AND TITLE: Immediately upon acceptance of an offer by all parties, buyer will deposit with Mid Iowa Real Estate, Auctions, & Appraisals the required earnest payment. The Seller will provide a current abstract at their expense. Seller to pay all escrow closing costs for advertised tract only.
CLOSING: Closing will occur on whatever date is negotiated by buyer and seller. The balance of the purchase price will be payable at closing in cash, guaranteed check, or wire transfer.
SURVEY: At the Seller’s option, the Seller shall provide a new survey where there is not an existing legal or where new boundaries are created. The Seller will be responsible for any survey costs for advertised tract only.
ATTORNEY: Franklin J. Feilmeyer
SELLERS: Johnson Real Estate Trust & Carmody Farms, LLC
This sale is subject to all easements, covenants, leases and restrictions of record. All property is sold on an “As is—Where is” basis with no warranties or guarantees, expressed or implied, made by the Realtor or Seller. All potential buyers are urged to perform their due diligence on the subject property prior to the auction. All map boundaries are approximate, and photographs used may or may not depict the actual property. Total tract acres, tillable acres, FSA acres, etc. are approximate and may be subject to change.Seller reserves the right to accept or reject any and all offers.
Mid Iowa Real Estate, Auctions, & Appraisals and its representatives have an agency agreement with the seller or may have a consensual dual agency agreement with both buyer and seller.
