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P27 Redding, IA 50835 Land - Farm

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Description

This tract offers a strong combination of productive tillable acres, solid soil ratings, and high-quality grain handling infrastructure, making it well-suited for farmers, investors, and land buyers seeking dependable long-term performance. Located approximately 5.5 miles north of Redding, Iowa, Tract 2 includes 171.72± tillable acres (Surety Maps) and carries an average 51.6 CSR2 on the tillable acres-making it a strong option for row-crop expansion, 1031 exchange buyers, and long-term land ownership strategies. A key value-added feature of Tract 2 is the approximately 233,000 bushels of on-site grain bin storage with a dryer, providing operational efficiency, harvest flexibility, and additional income potential. The farmland is rented for the 2026 crop season, offering near-term income stability, with lease termination to be served upon an accepted offer. Tract 2 Acreage & Soil Information Total Acres: 197.51± Tillable Acres: 171.72± (Surety Maps) CSR2 Rating: 51.6 (avg. on tillable acres) Grain Storage: Approximately 233,000 bushels with on-site dryer Location: 5.5 miles north of Redding, Iowa

Property Highlights

Property Type: Land - Farm
Total Acres: 197.51 Acres
Zoning: Agriculture

General Information

County: Ringgold
Listed By:
Whitaker Marketing Group 515-460-8585
No Coast MLS
$2,172,610
Est. $13,801/mo
Active
LOT SIZE 197.510 acres MLS#6335215
STATUS PROPERTY TYPELand - Farm

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Ruhl&Ruhl Realtors
563.441.1776

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P27, Redding, IA 50835.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,172,610$2,172,610$2,172,610
Down Payment $76,041$0$434,522
Monthly Mortgage Amount $12,619$13,128$10,143
Taxes $3024$3024$3024
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,303$0$0
Monthly Estimated Total $17,580$16,786$13,801

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