Greater Des Moines Market Center

Home for Sale at 0 El Paso& 250th Street, Redfield, IA 50233

     For additional information, contact Greater Des Moines Phone: (515) 334-4900

0 El Paso& 250th Street, Redfield, IA 50233
Listing# 454157
Sold Price: $889,200
Type: Land
County: Dallas
    Photo of home for sale at 0 EL PASO& 250TH Street, Redfield IA
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Property Description:
High Quality Farm in Strong Farming Area! 117 acres m/l to be sold at public auction Thursday, June 11th, 2015, 10:00 AM, and to be held at the Redfield Community Center. Farm consists of 87.65 FSA tillable acres with a CSR of 84.7 (CSR2 of 87.7). High quality soil types include loam soils of Clarion, Webster, Nicollet, and Canisteo. Additional farm income provided by CRP acres, natural gas easements, and storage contracts. 24.2 acres enrolled in CRP (CP-27 and CP-28) until 2022 with an annual payment of $5,671 ($234.32 per acre). Contract with Northern Natural Gas for underground storage and a 1.74 acre easement. Natural gas storage and easement add an additional annual payment of $3,794.87 that is paid in March. Farm has been enrolled in ARC-Co and is leased for the 2015 farm year. Winning Bidder will assume the current lease and receive the second half of the cash rent payable on September 1st. Contact agent for lease details. Property is located just northwest of Adel on paved road

Property Type:Land
Listing Status:Sold
Sold Date:9/15/2015
Area Name:Redfield

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