Marion County, Iowa 316.2 +/- Acres Investment Farm

Marion County 316.2 – Pending Offer

PROPERTY DESCRIPTION

This 316.20 +/- acre farm is in Southern Marion County, just 2 miles from Columbia, Iowa, ten miles south of Knoxville, Iowa, and along the Marion-Lucas County line. There are 242.25 +/- tillable acres with primary soil types of the tillable acres are Gara Loam and Pershing silt loam. The farm has many terraces to hold soil and a CRS2 of 50 on the tillable. There is 0.88 acres enrolled into a grassed waterways. The remaining balance of the farm consists of wooded timbered draws, two ponds, and grassed waterways. There are several access points on the east, north and west side of the farm. There is plenty of wildlife on and around this farm. There was an abundant sign from deer rubs and scrapes, turkeys, and we heard several pheasants while touring this farm. Farm is rented for the 2022 farm season. The farm currently has a 3.62% ROI at asking price. The details are listed below.

  • Crop income – $64,130
  • CRP income – $214
  • Hunting lease – $4500
  • Total income – $68,844.00

For more information on this property in Marion County, call Land Agent Jim Davis at 641-777-5484 today to set up a private showing.   

Farm Highlights

  • 242.25 +/- Tillable
  • High ROI
  • Crop income – $64,130
  • CRP income – $214
  • Hunting lease – $4500
  • Total income – $68,844.00
  • Terraces in place
  • 50 CSR2
  • Two ponds
  • Wooded draws
  • Grass waterways
  • Abundant wildlife

Brief Legal Description  

  • 316.2 +/- acres located in Marion County, Iowa; Washington Township, Section 36. Exact legal will come from the deed.
  • Taxes – $7,072

From Knoxville, Iowa

  • Travel southwest on Hwy 14 for approximately 10 miles to Virginia Street
  • Turn left (east) onto Virginia Street for 3.5 miles to 130th Ave.
  • Turn right (south) onto 130th Ave. and continue south for 0.5 miles.
  • The farm will on the right.
PROPERTY AERIAL
LAND AGENT
Jim with Background Website
Jim Davis
SE Iowa Land Agent
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