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30196 S Marshalltown Conrad, IA 50621 Land - Farm

New - 4 Hours Ago
  • 30196 S Marshalltown, Conrad, IA 50621 Main Photo

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Description

Located in one of Iowa's premier agricultural regions, this highly productive tillable farm offers a rare opportunity to own premium Iowa farmland in southern Grundy County. The property is conveniently located approximately 3 miles northwest of Conrad, Iowa, with excellent frontage along Highway 14, providing outstanding accessibility and long-term investment appeal. The farm consists of 36+/- gross acres featuring approximately 35.37+/- FSA cropland acres with an exceptional CSR2 soil rating of 98.4! The property's nearly level topography and outstanding soils rank among the very best in Iowa, making it an excellent addition to any farming operation or investment portfolio. The property is currently leased through February 28, 2027. The existing lease has been properly terminated, allowing the buyer to receive open agricultural possession beginning March 1, 2027. This gives the new owner the flexibility to farm the property themselves, negotiate a new cash rent lease, or select their own tenant. The sellers will retain all cash rent income under the current lease. Smaller, high-quality farmland tracts with excellent highway access and nearly perfect soils seldom become available in Grundy County. Whether you are a neighboring farmer looking to expand, an investor seeking a stable land investment, or completing a 1031 exchange, this premier property deserves your consideration.

Property Highlights

Property Type: Land - Farm
Total Acres: 36.00 Acres
Zoning: Agriculture

General Information

County: Grundy
Listed By:
Iowa Land Company 515-962-5048
No Coast MLS
$702,000
Est. $4,732/mo
New to the Market Active
LOT SIZE 36.000 acres MLS#6341130
STATUS PROPERTY TYPELand - Farm

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Ruhl&Ruhl Realtors
563.441.1776

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30196 S Marshalltown, Conrad, IA 50621.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $702,000$702,000$702,000
Down Payment $140,400$24,570$175,500
Monthly Mortgage Amount $3,550$4,300$4,407
Taxes $977$977$977
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$309$0
Monthly Estimated Total $4,732$5,791$5,589

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