Bought with Duesenberg Chase Peoples Company
$3,400,000
$3,700,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
400 Acres Lot
SOLD DATE : 07/24/2025
Key Details
Sold Price $3,400,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NOC6328024
Sold Date 07/24/25
Style Other
Annual Tax Amount $9,444
Tax Year 2025
Lot Size 400.000 Acres
Acres 400.0
Property Description
Chickasaw County, IA Farmland Available I'm pleased to present 400 acres m/l of farmland located east of Fredericksburg, Iowa. Opportunities to acquire a property of this size and in such a desirable location are exceptionally rare. The farm consists of 371.81 FSA cropland acres, which includes 302.63 acres currently in row crop production carrying a CSR2 of 64.8. The primary soil types on the property include Flagler sandy loam, Clyde clay loam, and Floyd loam. Private drainage tile has been installed on the farm (Refer to the attached tile map), and the farm lease will be open for the 2026 crop season. The balance of the FSA cropland acres includes 69.18 acres enrolled in CRP (Conservation Reserve Program). The CRP contracts include: 22.48 acres enrolled in CP38E-12 through 2038, generating $6,408 annually ($285.06/acre) 6.20 acres enrolled in CP5A through 2038, generating $1,828 annually ($294.83/acre) 10.30 acres enrolled in CP27&28 through 2037, generating $3,090 annually ($300/acre) 6.30 acres enrolled in CP8A through 2026, generating $2,169 annually ($344.26/acre) 23.90 acres enrolled in CP21 through 2025, generating $5,570 annually ($233.06/acre) Together, these contracts yield a total annual income of $19,065. Beyond its productive agricultural land, the property also features recreational opportunities. Ample food sources, diverse cover, and water sources provide a sanctuary supporting a strong population of deer, turkey, and upland game birds.
Location
State IA
County Chickasaw
Zoning Agriculture
Direction From Fredericksburg, Iowa: Travel east out of town on US Highway 18 for 6 miles until reaching York Avenue. Turn left (north) onto York Avenue for 1 mile, and the property will be on the left (west) side of the road marked with a Company sign.
Interior
Fireplace No
Exterior
View Y/N true
Building
Architectural Style Other
Others
Acceptable Financing NOC6328024
Listing Terms NOC6328024
Financing Cash
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