1762 137th Street

Tract 3 consists of 278 acres m/l with an estimated 101.22 FSA cropland acres, carrying a CSR2 of 70.5. The primary soil types on this tract include Ladoga silt loam, Zook silty clay loam, and Olmitz loam. The balance of this tract consists of a fenced pasture with ample water sources via Tom Creek and a pond. The farmland tract is located just southeast of Earlham, Iowa, with excellent access to 137th Street, Heritage Avenue, and Iowa Lane. In addition to the row crop and livestock capabilities, this tract could very well be utilized as a recreational farm by the new owner. The farm offers great hunting and the ability to build a cabin or new dwelling on a secluded piece of property, at the end of the prescribed easement off of 137th Street. The whitetail and turkey populations on this tract are very high, ensuring continuous opportunities for hunting success. The tract features a nice 42' x 84' Morton Building with electricity, an older 24' x 65' shed, and a grain bin. The farm is currently cash-rented, with an active lease in place for the 2024 crop year. The Winning Bidder will receive a cash rent credit in the amount of $18,757.40 at closing. The farm lease will be terminated prior to closing and the farm will be open for the 2025 crop year. The pasture is not encumbered by an active farm lease and can be utilized by the Winning Bidder immediately upon closing.