County Highway S56 Melrose, IA $ 1
County Highway S56
$ 1
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County Highway S56

Melrose, IA, 50238
$ 1
Baths0.0

Monthly Estimate*

$ 0

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Studio Farms/Ranches for sale in Melrose, IA for $1. The lot size is 157.4.

Wayne County, Iowa Farmland Auction – Mark your calendar for Friday, January 24th, 2025 at 10:00 AM! I'm pleased to present the sale of 157.4 total acres m/l of Wayne County, Iowa farmland. The farmland is located 11 miles northeast of Corydon, Iowa on paved County Highway S56. Situated in Section 9 of Wright Township, this high quality combination farm includes 110.91 FSA cropland acres with an average CSR2 soil rating of 49.5. The primary soil types include highly productive Seymour silt loam and Gara loam. The hunting aspect of this farm includes over 40 acres of mature oak and hickory timber providing excellent habitat for whitetail deer and wild turkeys. Farm is leased for the 2025 farming season. The farm sits just a few short miles from Rathbun Lake with easy access to all the fishing, boating, and golfing that Iowa's second largest lake has to offer. It is the perfect place to build your dream home with paved access, income, and endless recreational opportunities. This farm is located in a strong farming area with several competing grain markets located nearby. The tract will be sold using the traditional auction method. The auction will be held at 10:00 a.m. CDT on Friday, January 24th, 2025, at the Wayne County Fair Event Center in Corydon, Iowa. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available. Visit our website for more information regarding this Auction!

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Farms/Ranches Pending

Price

$ 1

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 2,608

Style

Lot Size

157.4

Town/City

Melrose

County/Region

WAYNE

MLS | Web ID

6323492

Features
General
Zoning Agriculture
Architectural Style Other
Tax Year 2024
County Wayne
Property Type Farm
Contingency None
Possible Use Recreational
Status Pending
Directions From Russell Iowa: Head south out of town on County Highway S56 and travel for 8.75 miles. The property will be located on your right. Look for the Company signs.
Association Name RLIT
Lot Size Units Acres
Lot Size Square Feet 6856344
Tax Annual Amount 2608
Living Area Units Square Feet
Standard Status Pending
Legal Description 157.4 +- acres of land in the SW 1/4 of Section 9 Township 70 North Range 20 West. Exact legal description to be taken from Abstract.
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Interior
Fireplace Y/N N
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Exterior
Lot Size Acres 157.4
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* Excluded Features
List By
Daran Becker

Listing Agent

Peoples Company

Broker

daran@peoplescompany.com

Email

Affordability Calculator

$217
Per Month
0%
100%
0%
Monthly Principal & Interest
$0
Monthly Property Taxes
$217
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/5/2024$1 Listed Price

Map


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County Highway S56, Melrose, IA, 50238 is a Farms/Ranches for sale at $1 with a lot size of 157.4. County Highway S56 is a studio with 0.0 baths. The property's zip code is 50238 which is in Melrose, IA