F-17 , Collins, IA 50055(Jasper County)

48.5 Acres in Collins, IA - $266,750

Approximately 48.5 acres to be surveyed with an estimated 45 acres tillable of which 35.5 is tilled and 9.5 acres is in hay. There is also 3 acres, m/l, in timber. Overall Corn Suitability Rating of 75.1 with a tillable CSR of 76.9. The lease for 2011 will pay $8,100 on 4/1/11. The lease can be cancelled for 2012. There is a 60’ easement along the west line of the farm from F-17. Property is being sold by the owners of the home and land to the south and NW. Land is to be surveyed upon reaching an agreement. Overall sale price will be adjusted on a per acre basis once exact acres are determined. Real estate taxes are not yet split from the larger parcel but are assumed to be in the $20/acre/year range.

This is an excellent opportunity to purchase high quality central Iowa farmland with a recreational aspect at a reasonable price.