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29443 Ia-14 Conrad, IA 50621 Land - Farm

New - 4 Hours Ago
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Description

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 3.5 miles northwest of Conrad, Iowa, on Highway 14, offering excellent access and a strong farming community. The farm features 155.87+/- gross acres and 149.57 FSA cropland acres with an outstanding CSR2 soil rating of 92.5. Predominant soil types include Tama silty clay loam and Muscatine silty clay loam (2?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.

Property Highlights

Property Type: Land - Farm
Total Acres: 155.87 Acres
Zoning: Agriculture

General Information

County: Grundy
Listed By:
Iowa Land Company Real Estate LLC 641-777-5484
No Coast MLS
$2,961,530
Est. $19,960/mo
New to the Market Active
LOT SIZE 155.870 acres MLS#6341134
STATUS PROPERTY TYPELand - Farm

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Ruhl&Ruhl Realtors
563.441.1776

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29443 Ia-14, Conrad, IA 50621.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,961,530$2,961,530$2,961,530
Down Payment $103,654$0$592,306
Monthly Mortgage Amount $18,141$18,873$14,975
Taxes $4121$4121$4121
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,777$0$0
Monthly Estimated Total $24,903$23,858$19,960

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