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00 Abbott Avenue Gilman, IA 50106
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Key Details
Sold Price $2,500,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 669428
Sold Date 07/18/23
HOA Y/N No
Annual Tax Amount $6,898
Lot Size 240.000 Acres
Acres 240.0
Property Description
Marshall County, Iowa Farmland – We are pleased to present the sale of 240 total acres m/l of prime Marshall County, Iowa farmland with top-producing soils! The farm has 236.4 FSA cropland acres that are currently in production, carrying a CSR2 rating of 59.3. The FSA cropland acres have an excellent yield history, including 211 bushels of corn in 2022 and 67 bushels of beans in 2021. The primary soil types are Tama silty clay loam, Shelby loam, Liscomb loam, and Colo silt loam.
Farmland in the tightly held Greencastle Township in Marshall County, Iowa has a proud history of agriculture distinction and this farm is no exception. Situated only two and one-half miles north of Gilman, Iowa, and immediately east of Zeller Avenue and the 310th Street intersection, this nearly 100% tillable tract would make for an outstanding add-on unit to an existing farm operation or investment-grade quality land purchase. In addition, there are several competing grain marketing options that are located nearby including a variety of grain elevators to merchandise crops. The farm is leased for the 2023 cropping season and has been operated by a long-term, reputable farm tenant that has served as an outstanding steward of the land. Contact Agent for additional details.
Farm Details
DCP Cropland Acres: 236.4
Corn: 129.60 Base Acres with a PLC Yield of 205
Soybeans: 9.10 Base Acres with a PLC Yield of 54
Oats: 23.50 Base Acres with a PLC Yield of 57
Location
State IA
County Marshall
Area Gilman
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Schools
School District East Marshall
Others
Tax ID 821713400001
Monthly Total Fees $574
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Peoples Company