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349.09 Acres Lot
New
Monroe Wapello Road IA 52536
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 747870
HOA Y/N No
Annual Tax Amount $5,524
Lot Size 349.090 Acres
Acres 349.09
Property Description
Wapello County, Iowa Land Auction! - Presenting the sale of 349.09 acres m/l of tillable farmland located west of Ottumwa, Iowa. The farm will be offered as 3 individual tracts with both live and online bidding options available on October 30th, 2026, at the Bridge View Center in Ottumwa, Iowa at 10:00 A.M. (CST).
Of the total 349.09 acres m/l in this portfolio, the farmland includes 280.17 FSA cropland acres carrying CSR2 ratings in the low-50s to mid-20s. All three tracts have previously been enrolled in CRP; however, all CRP contracts have been cancelled, allowing the new owners to put the farms back into production for the 2027 crop year. These farms are located in a strong farming community near several competing grain markets, which include both grain elevators and ethanol plants. These highly tillable tracts of farmland would make for a great add-on unit to an existing farm operation or an investment-grade land purchase.
Tract 1: 195.61 Acres M/L with 155.21 FSA cropland acres, carrying a CSR2 value of 51.8. Located just north of Blakesburg, Iowa.
Tract 2: 105.50 Acres M/L with 78.72 FSA cropland acres, carrying a CSR2 value of 38.2. The remainder of the farm is utilized as pasture. Located northwest of Ottumwa, Iowa.
Tract 3: 47.98 Acres M/L with 46.24 FSA cropland acres, carrying a CSR2 value of 26.6. Located northwest of Ottumwa, Iowa.
Visit our website for more information regarding this 3 Tract Auction!
Of the total 349.09 acres m/l in this portfolio, the farmland includes 280.17 FSA cropland acres carrying CSR2 ratings in the low-50s to mid-20s. All three tracts have previously been enrolled in CRP; however, all CRP contracts have been cancelled, allowing the new owners to put the farms back into production for the 2027 crop year. These farms are located in a strong farming community near several competing grain markets, which include both grain elevators and ethanol plants. These highly tillable tracts of farmland would make for a great add-on unit to an existing farm operation or an investment-grade land purchase.
Tract 1: 195.61 Acres M/L with 155.21 FSA cropland acres, carrying a CSR2 value of 51.8. Located just north of Blakesburg, Iowa.
Tract 2: 105.50 Acres M/L with 78.72 FSA cropland acres, carrying a CSR2 value of 38.2. The remainder of the farm is utilized as pasture. Located northwest of Ottumwa, Iowa.
Tract 3: 47.98 Acres M/L with 46.24 FSA cropland acres, carrying a CSR2 value of 26.6. Located northwest of Ottumwa, Iowa.
Visit our website for more information regarding this 3 Tract Auction!
Location
State IA
County Wapello
Area Blakesburg
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Others
Tax ID 001010610752000
Monthly Total Fees $460
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Auction
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Listed by Peoples Company
NEARBY SCHOOL & BUSINESS
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