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Ernest Abell

ernieabell.realty@hotmail.com +1(641) 414-3893

Listed by Travis Smock Peoples Company

$ 1

Est. payment | -/mo

151.86 Acres Lot

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$ 1

Est. payment | -/mo

Save

151.86 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID NOC6340555

Style Lots & Land

Annual Tax Amount $5,692

Tax Year 2026

Lot Size 151.860 Acres

Acres 151.86

Lot Dimensions ***

Property Description

Fayette County, Iowa Farmland Auction – Mark your calendars for Thursday, August 27th, 2026! We are pleased to present the opportunity to purchase 151.86 surveyed acres of Fayette County, Iowa farmland located just outside the Oelwein city limits. Offered in two individual tracts, this farm presents an excellent opportunity for farmers, investors, development speculators, and buyers seeking high-quality Iowa farmland with strong long-term potential. The property consists of 151.86 surveyed acres and will be offered as two separate tracts. Tract 1 contains 108.32 surveyed acres with an estimated 102.89 cropland acres, carrying an impressive CSR2 soil rating of 84.4. Tract 2 consists of 43.54 surveyed acres with an estimated 40.74 cropland acres, carrying an average CSR2 soil rating of 85.3. Both tracts are considered NHEL (Non-Highly Erodible Land), and feature highly productive soils that exceed the Fayette County average CSR2, with the predominant soil type being Kenyon Loam. The farm is currently enrolled in the Conservation Reserve Program (CRP), with the majority of the contracts expiring in 2026, allowing for immediate possession at closing. Tract 1 has one CP5A field windbreak CRP contract remaining, covering 1.67 acres and paying $393.20 per acre or $657.00 annually through 2030.

Location

State IA

County Fayette

Direction From Downtown Oelwein: Travel east on East Charles Street to Outer Road. Head north on Outer Road for 1/2 mile to 6th Street NE. Continue north on Outer Road for 1/4 mile, and Tract 1 will be located on the west side of the road.

Exterior

View Y/N true

Building

Architectural Style Lots & Land

Schools

School District 4869 - Oelwein

Others

Acceptable Financing NOC6340555

Listing Terms NOC6340555

Schools and Properties Nearby

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+1(641) 414-3893

ernieabell.realty@hotmail.com

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Outer Road & 6th Street NE Oelwein, IA 50662