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2275 Florida Avenue Humboldt, IA 50548 • Land - Residential

Pending
  • 2275 Florida Avenue, Humboldt, IA 50548 Main Photo

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Description

This farm in the heart of Iowa's corn-growing region with a 90 CSR2 is hard to come by. This farm presents an amazing opportunity to secure prime farmland. Located on hard-surface county roads (Florida Avenue & County Road C44), deep, dark, and fertile soil can raise some of the best crops in the area. It would make an excellent addition for an existing farming operation, or it would be a smart investment for a buyer to add to a diversified portfolio. Exclusively listed property. Interested buyers should contact the agent to submit offers. Property is offered As-Is, Where-Is with no warranties or guarantees, expressed or implied, made by the seller or their agent. Sale is subject to all easements, covenants, and restrictions of record. A standard purchase agreement with no contingencies will be signed and buyer will provide earnest money in the amount of 10% of the total sales consideration. Balance due via wire transfer at closing with delivery of a warranty deed and abstract showing merchantable title. Real estate taxes prorated to date of closing. Asking $1,020,000.00, or $13,600 per acre on 75.00± acres. 5 miles west of Humboldt, Iowa along 230th Street (County Road C44), at the northeast quadrant of the intersection of 230th Street and Florida Ave, also known as the 'Unique Corner.' Current farm lease is terminated effective March 1, 2027. Landlord's possession will be provided to the buyer at closing. Seller reserves 100% of the 2026 farm income.

Property Highlights

Property Type: Land - Residential
Total Acres: 75.08 Acres

General Information

County: Humboldt
Listed By:
Sunderman Farm Mgt. Co. 515-576-3671
No Coast MLS
$1,020,000
Est. $7,147/mo
Pending
LOT SIZE 75.080 acres MLS#6343147
STATUS PROPERTY TYPELand - Residential

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Ruhl&Ruhl Realtors
563.441.1776

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2275 Florida Avenue, Humboldt, IA 50548.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $1,020,000$1,020,000$1,020,000
Down Payment $204,000$35,700$255,000
Monthly Mortgage Amount $5,429$6,663$6,612
Taxes $1420$1420$1420
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$612$0
Monthly Estimated Total $7,147$8,993$8,330

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