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00 160th Street
FairbankIA 50629

$1,500,000
New Listing
Tools
Brochure
Size
163.37 Acres
Exterior
Financial
$1,500,000
Change Currency
$4,290
Annual taxes
Listing Details
Land
Property type
11155938
Web Id
693481
MLS ID
15
Days Posted

Description

00 160th Street, Fairbank, IA 50629

Buchanan County Farmland Available! A great opportunity to own productive, income-producing land with added recreational value in northeast Iowa. This 163.37 surveyed acre farm consists of 147.04 FSA tillable acres, of which 24.26 acres are currently enrolled into CRP programs, and offers a beautiful 14.53-acre wetland area with a man-made pond creating the ideal bird habitat. The income potential on this property is excellent with the currently farmed acres enrolled into an EQIP 2018 conservation program paying $7,438 annually through 2027 and $1,326 in 2028, rewarding the landowner for following cover-crop and no-till practices. This program can be transferred to the new owner or discontinued if preferred. The 24.26 acres enrolled into CRP is split into six contracts expiring in 2027 and 2032 and paying an average of $291.51 per acre or $7,072 annually. The entire tillable portion of the farm has been pattern-tiled and will require no immediate capital improvements for the new owner. The current owner would be willing to continue renting the farm and would offer a competitive rate, however, the sale is not contingent on a "lease-back". There may be an opportunity to add a manure easement on the farm to ensure optimum fertility for years to come. The farm is located along 160th Street between Dunkerton and Littleton in Section 31 of Fairbank Township, Buchanan County, Iowa. Visit our website for more information regarding this listing!

This is an Active listing.

Broker Office Phone Number: 515-222-1347

Copyright © 2024Des Moines Area Association of REALTORS®, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Price History

datePricevariancetype
4/17/2024$1,500,000-Listed
Listing By: Peoples Company via Data Source: Des Moines Area Association of REALTORS®, Inc. 
listing agent: Travis Smock


Located at 00 160th Street, Fairbank, Iowa 50629, this Land is for Sale with a price of $1,500,000 USD. The property. This listing encompasses a lot of 163.37 Acres. See all Homes for Sale in Fairbank.
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