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Matt Adams
Matt Adams
Peoples Company
Available

Sparks Farm - 125 Ac, Marshall Co

160th Street & Binford Avenue, Saint Anthony, Iowa 50239 - Marshall County
$1,065,000 125 Acres
Property ID 3249791

Description

Offering 125 acres m/l of productive Marshall County, IA farmland! Waterways enrolled into CRP provide income on nearly every acre. The property includes 112.71 tillable acres m/l which carry a CSR2 of 80.9 (CSR of 75.6). The two CRP contracts on the farm expire in 2023 and 2024 and pay approximately $3,969 annually. The first contract consisting of 9.7 acres of waterways is enrolled into a CP8A practice paying $339.01 per acre or $3,288 annually and expires in 2023. The second contract consists of approximately 2.18 acres along the pond in the southeast corner of the property. This contract is enrolled into a CP21 practice which pays $312.58 per acre or approximately $681 annually and expires in 2024. The farm has a very productive crop history with corn yields exceeding 200 bushel per acre. The 125 acre m/l parcel will be surveyed and split from a total of 163 acres including a large pond which would also be available for purchase. Call agents for more details.

Corn Base: 103.4 acres m/l with a PLC Yield of 178.

Bean Base: 9.3 acres m/l with a PLC Yield of 47.

Total Base Acres: 112.7 m/l

CP8A CRP Contract: 9.7 acres expiring in 2023 paying $339.01 per acre or $3,288 annually.

CP21 CRP Contract: 2.18 acres m/l expiring in 2024 paying $312.58 per acre or approximately $681 annually.

Annual CRP Payment: Approximately $3,969

*Base acres and CP21 CRP contract acres are estimates and may vary depending on reconstitution to be done by the Farm Service agency after the property is surveyed and split.

Directions

From St. Anthony: Travel West on 160th Street / County Road E23 for 1 mile to Binford Avenue. Farm is located in the southwest corner of this intersection with frontage along 160th Street / County Road E23 & Binford Avenue. Watch for signs.

Agriculture and Farming

Agricultural Uses
CRP
Row Crop

CRP Number of Acres in Program
11.88 Acres

Yield History
APH on corn yield exceeds 200 bushels per acre.

CRP Annual Payment Amount
$3,969

Primary Soil Types
Clarion, Nicollet, Coland-Teril

CRP Contract expires in Year
2023 & 2024

Soil Productivity Rating
CSR of 75.6 (CSR2 of 80.9)

Financing Options

Mortgage Options
Conventional Mortgage

Land

Barn Information
N/A - No Buildings

Minerals - % Oil & Gas Owned
100% Owned

Present Use
Agriculture

Proposed Use
Agriculture

Topography
Level
Rolling

Game
Ducks
Geese
Mule Deer
Pheasant
Quail
Turkey
Whitetail Deer

Minerals - % Water Owned
100 Owned

Property Tax Exemption
No

Road Frontage Desc
Concrete
County

Type of Fence
Barbed Wire

Land Type
Livestock

Minerals - % Wind Owned
100% Owned

Property Type
Farm/Ranch

Surface Rights
All

Will Subdivide
No

Tax Data (Show Tax Data)

Contact Agent

Fill out this form to contact Agent about this property

Matt Adams

Peoples Company

1300 50th St.
Suite 106
West Des Moines, IA 50266

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    NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.