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Us Highway 61 Montrose, IA 52639 • Land - Farm

New - 15 Hours Ago
  • Us Highway 61, Montrose, IA 52639 Main Photo

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Description

This 129-acre m/l Lee County farm is located approximately three miles southwest of Montrose, Iowa, east of U.S. Highway 61 and west of 250th Avenue. The property includes approximately 115 acres of cropland with a tillable CSR2 rating of 48.5. With a high percentage of productive cropland, convenient highway access, and a strong agricultural setting, this tract offers an attractive opportunity for agricultural producers and farmland investors. Available for the 2027 crop year if closed before 3/1/2027. DISCLAIMER: The Dakota Access Pipeline clips the northeast corner of the farm. See the Pipeline Map on page 7 of the brochure for the easement map and the recorded easement details. A 1% buyer premium will be added to the accepted purchase price and is paid by the buyer at closing.

Property Highlights

Property Type: Land - Farm
Total Acres: 129.26 Acres
Zoning: Agriculture

General Information

County: Lee
Listed By:
Growthland Realty 563-542-6473
No Coast MLS
$1,206,150
Est. $8,613/mo
New to the Market Active
LOT SIZE 129.260 acres MLS#6343402
STATUS PROPERTY TYPELand - Farm

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Ruhl&Ruhl Realtors
563.441.1776

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Us Highway 61, Montrose, IA 52639.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,206,150$1,206,150$1,206,150
Down Payment $42,215$0$241,230
Monthly Mortgage Amount $7,979$8,405$6,582
Taxes $1679$1679$1679
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $724$0$0
Monthly Estimated Total $10,734$10,436$8,613

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