Peoples Company is pleased to offer 77 acres m/l of highly tillable ground located 1 mile North and 1/2 mile East of Lacona in Warren County, Iowa. The farm is situated just 1/2 mile west of highway S23 and offers some fantastic building sites. There are 60.89 tillable acres with 57.11 acres of that currently in row crop production and 3.78 acres in CRP with an annual payment of $1,030 through 2020. The tillable acres carry a CSR2 value of 57.7 and had $39,700 worth of tile put in in 2014. The owner will cash rent the crop ground for $12,000 for the 2019 season or will allow a buyer the option to opt out of the rental agreement. There are multiple pond sites and the old rail line is a natural corridor for whitetail deer. Come take a look!
The North Half (N 1/2) of the Northwest Quarter (NW 1/4) except parcel F in Section 21 Township 74 North Range 22 West of the 5th PM, Warren County, Iowa. Exact legal to be taken from the abstract.
FSA Cropland: 60.89 acres
Corn: 24.6 acres with a PLC Yield of 89
Oats: 3.8 base acres with a PLC Yield of 44
CRP: 3.8 acres paying $1,030 annually
CP21: $271.04 per acre expiring in 2020
From Lacona, IA go North on Co. Hwy S23 for 1 mile to Tyler Street. Then, go West on Tyler Street for a 1/2 mile and the property is situated on the South side of the road.
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