440th Street

RCWH+97 Rolfe, IA, USA

RCWH+97 Rolfe, IA, USA

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    Basics

    • Date added: Added 1 day ago
    • Category:
    • Type:
    • Status:
    • Lot size: 1742400 sq ft
    • County: Pocahontas
    • Zoning: Agriculture
    • Acres: 40 acres
    • MLS ID: 6323808

    Description

    • Description:

      AUCTION!! Located northwest of Rolfe, IA, this high-quality farmland boasts an impressive 86.3 CSR2 rating. It comes with a cash rent lease in place, generating $11,550 per year through 2027. This tract offers a fantastic opportunity for those seeking reliable returns on premium tillable ground. This farm offers an attractive rental rate combined with tax credit potential — a great investment opportunity! The seller has received a tax credit certificate through the Beginning Farmer Tax Credit program. You may be eligible for this tax credit for the next three years; however, it will be your responsibility to apply for the tax credit certificate through the Iowa Agricultural Development Division Board and the Iowa Finance Authority. Legal Description: E 1/2 E 1/2 NW 1/4 Section 25-93-32 Possession Terms: Landlord possession until April 1, 2028. Closing Date: On or before February 21, 2025 Soil Productivity: 86.3 CSR2 FSA Farmland: 39.93 FSA Cropland: 38.53 Taxes: $1,270 Annual Real Estate Earnest Deposit: 10% due upon Seller's acceptance of your bid Tenancy: The farm is rented for the 2025, 2026 and 2027 season. Rent Proration: Buyer will receive all rent for 2025, 2026 and 2027 directly from the tenant on November 1 of each year, in the amount of $11,550, according to the existing lease. THIS PROPERTY WILL SELL AT AUCTION! THE PRICE SHOWN IS NOT REFLECTIVE OF THE ASKING/SALES PRICE!

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    Location

    • Directions: From Havelock, head south on Dean St, then turn left onto 450th St/Brenton Ave. Continue for 6.1 miles, then turn left onto 270th Ave. Continue for 1 mile, then turn right onto 440th St. Continue for 0.4 miles. The farm will be on your right. Watch for signs.

    Building Details

    • Drainage: Tile

    Amenities & Features

    • Style: Other

    Miscellaneous

    • Association: RLIT
    • Contingency: None
    • Land Lease: 1

    Fees & Taxes

    • Gross Taxes: $1,270
    • Tax Year: 2023
    • Net Taxes: $1,270

    Inquire About This Property

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    This style property is located in Rolfe is currently and has been listed on 1st Rate Real Estate. This property is listed at $2. It has bedrooms, bathrooms, and is . The property was built in year.

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