$1,399,360
$1
139935900.0%For more information regarding the value of a property, please contact us for a free consultation.
87.46 Acres Lot
SOLD DATE : 01/16/2025
Key Details
Sold Price $1,399,360
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 706138
Sold Date 01/16/25
HOA Y/N No
Annual Tax Amount $2,618
Lot Size 87.460 Acres
Acres 87.46
Property Description
Hancock County, Iowa Land Auction – Mark your calendar for Friday, November 22nd, 2024! Offering the sale of 87.46 surveyed acres m/l located south of Garner, Iowa. The farmland will be offered via Public Auction as one tract and will take place at 10:00 AM at the Klemme Public Library.
This high-quality farm consists of 84.28 FSA cropland acres carrying a CSR2 of 86.3, well above the Hancock County average CSR2 of 75. Primary soil types include highly productive Webster clay loam, Nicollet clay loam, and Clarion loam. Farmland acres are designated as NHEL (Non-Highly Erodible Land) and are located within Drainage District #5. In 2010, over 50,000 linear feet of drainage tile was installed on the farm. Per discussions with the Hancock County Drainage Clerk, there are no outstanding assessments due or upcoming projects in the Drainage District.
ITC Midwest has an easement for an overhead electric transmission line running east and west through the middle of the property. The easement area is 100 feet in width. There is also a pipeline easement through the northern portion of the property (See attached Pipeline Map). Electric transmission infrastructure is in place, including a 161 kV electric substation owned by Interstate Power & Light Company. With this capacity, there is an increased potential for future wind energy, solar development, or economic development projects. * Any future projects are not guaranteed and should be independently verified by the Buyer.
Location
State IA
County Hancock
Area Garner
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Schools
School District Outside School District
Others
Tax ID 0906153000, 0906426000
Monthly Total Fees $218
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Auction
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