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1190 180th St, Barnum, IA 50518

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For Sale

$1,396,928

151.84 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 151.8 acres
    Lot size

Explore this Property

This farm is 151.84± acres of quality farmland northwest of Barnum, Iowa. Past yields have been as high as 220 for corn and 68 for soybeans. This farm offers an outstanding return on investment! Secure a high price for your corn just down the highway a few miles at the local ethanol plant. Receive a huge, guaranteed payment every year for the acres in the conservation reserve program (CRP). From the intersection at Highway 7 north of Barnum, go one mile north on Easter Avenue and then two miles west on 180th street to arrive at the farm s southeast corner. Approximate Legal Description: Fr. SE1/4, except 8.16 acre building site, Section 8-T89N-R30W of the 5th P.M. in Johnson Township, Webster County, Iowa, containing 151.84± acres. Now only $1,396,928 total consideration or $9,200 per acre for 151.84± acres. Method & Terms of Sale: Exclusively listed agricultural property. Earnest money will be ten percent (10%) of the total sale consideration at the time a purchase agreement is signed. Balance due via wire transfer at time of closing with delivery of warranty deed and abstract showing merchantable title. Real estate taxes prorated to date of closing. Rental Status: Sale is subject to the crop share lease with the current operator through March 1, 2025.
MLS# 6321612

Courtesy Of Sunderman Farm Mgt. Co.

(515) 576-3671

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    151.84 Acres

Map and Directions

Directions to 1190 180th St, Barnum, IA 50518

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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