Bought with Dirksen Missi American Legacy Land Co.
$1,380,000
$1,603,665
13.9%For more information regarding the value of a property, please contact us for a free consultation.
118.79 Acres Lot
SOLD DATE : 12/16/2025
Key Details
Sold Price $1,380,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NOC6325459
Sold Date 12/16/25
Style Lots & Land
Annual Tax Amount $3,440
Tax Year 2024
Lot Size 118.790 Acres
Acres 118.79
Lot Dimensions ***
Property Sub-Type Unimproved Land
Property Description
Here's a chance to own a spectacular farm in North Central Iowa. This property consists of 118.79 nicely laid acres that have been meticulously cared for and leased by the same farmer for over 30 years, who is willing to continue to lease if purchased by an investor. This ground has highly productive yields. The predominant soil type is Clarion loam, 0 to 6 percent slopes. This 118.79 acre tract is located just off I-35 and Hwy 3, near Coulter in Franklin County. This property would make a great addition to your existing farm operation and has investment potential. The property is currently rented for the 2025 growing season. Current owners have a wind turbine easement agreement with Interstate Power & light. They each receive $250.00 annually per year. There is NO indication that they plan to erect a wind turbine. This highly productive farm CSR2 Parcel # 0902300002 81.74 40 AC Parcel # 0902100006 49.33 40 AC Parcel# 0902300004 86.65 38.79 AC
Location
State IA
County Franklin
Direction Head North on Gull Ave ½ mile to Hwy 3. Go left (West) on Hwy 3 for 2 miles to Finch Ave (Just before Interstate Bridge). Go left (South) on Finch Ave (S21) 2 miles to 130th Street. Go right (West) on 130th Street for ¾ mile. The Farm is on North side before the Interstate bridge.
Exterior
View Y/N true
Building
Architectural Style Lots & Land
Schools
School District 916 - Cal
Others
Acceptable Financing NOC6325459
Listing Terms NOC6325459
Financing Exchange/Trade
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