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28378 S Wells, Conrad, IA 50621.
Located in one of Iowa's premier agricultural regions, this exceptional tillable farm presents a rare opportunity to own high-quality farmland in southern Grundy County. The property is situated approximately 5 miles northwest of Conrad, Iowa, and just one-half mile west of Highway 14, offering excellent access and a strong farming community. The farm features 80+/- gross acres and 78.41 FSA cropland acres with an outstanding CSR2 soil rating of 92.1. Predominant soil types include Tama silty clay loam and Colo-Ely complex (0?5% slopes), making this a highly productive tract with excellent long-term agricultural potential. According to the tenant, who has farmed the property for more than 20 years, the farm has a substantial amount of tile drainage in place; however, no tile maps are currently available. The property is currently leased through February 28, 2027. The existing lease has been properly terminated, and the farm is being offered with open agricultural possession beginning March 1, 2027, allowing the new owner the flexibility to farm the property, negotiate a new lease, or choose their own tenant. The sellers will retain all cash rent income under the current lease. Whether you're a local producer looking to expand your operation or an investor seeking a premier Iowa farmland asset, this highly productive, manageable-sized tract deserves your consideration.
MLS ID: 6341132
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28378 S Wells, Conrad, IA 50621.

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563-441-1862
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,520,000 | $1,520,000 | $1,520,000 |
| Down Payment | $53,200 | $0 | $304,000 |
| Monthly Mortgage Amount | $9,311 | $9,687 | $7,686 |
| Taxes | $2115 | $2115 | $2115 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $912 | $0 | $0 |
| Monthly Estimated Total | $12,781 | $12,245 | $10,244 |
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