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County Highway S56 Melrose, IA 50238 Land - Farm

Auction • January 24th, 2025
Pending
  • County Highway S56, Melrose, IA 50238 Main Photo

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Description

Wayne County, Iowa Farmland Auction ? Mark your calendar for Friday, January 24th, 2025 at 10:00 AM! I'm pleased to present the sale of 157.4 total acres m/l of Wayne County, Iowa farmland. The farmland is located 11 miles northeast of Corydon, Iowa on paved County Highway S56. Situated in Section 9 of Wright Township, this high quality combination farm includes 110.91 FSA cropland acres with an average CSR2 soil rating of 49.5. The primary soil types include highly productive Seymour silt loam and Gara loam. The hunting aspect of this farm includes over 40 acres of mature oak and hickory timber providing excellent habitat for whitetail deer and wild turkeys. Farm is leased for the 2025 farming season. The farm sits just a few short miles from Rathbun Lake with easy access to all the fishing, boating, and golfing that Iowa's second largest lake has to offer. It is the perfect place to build your dream home with paved access, income, and endless recreational opportunities. This farm is located in a strong farming area with several competing grain markets located nearby. The tract will be sold using the traditional auction method. The auction will be held at 10:00 a.m. CDT on Friday, January 24th, 2025, at the Wayne County Fair Event Center in Corydon, Iowa. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available. Visit our website for more information regarding this Auction!

Property Highlights

Property Type: Land - Farm
Total Acres: 157.40 Acres
Zoning: Agriculture

General Information

County: Wayne
Listed By:
Peoples Company 515-222-1347
IARMLS
$1
Est. $100/mo
Pending
LOT SIZE 157.400 acres MLS#6323492
STATUS PROPERTY TYPELand - Farm

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County Highway S56, Melrose, IA 50238.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $1$1$1
Down Payment $0$0$0
Monthly Mortgage Amount $0$0$0
Taxes $0$0$0
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$0$0
Monthly Estimated Total $100$100$100

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