Asking Price: $4,979,600.00
Town: Near Diagonal
Taxes: $7,896.00/year total
Tract #348 (East Farm)- $5,035.00/year
Tract # 349 (West Farm) - $2,861.00/year (Ringgold Co. Treasurer)
Terms: Cash, Payable at Closing
Possession: Upon Closing
Taxable Acres: 414.5 total acres, ml
Tract #348 (East Farm): 258.95 acres, ml (Assessor)
Tract # 349 (West Farm): 155.55 acres, ml (Assessor)
Land Use: 407.19 farmland acres, with 155.46 effective cropland acres & 195.20 CRP acres, as follows:
Tract #348 (East Farm): 254.83 farmland acres with 155.46 eff. crop acres, 62.38 CRP acres, rem. in timber (FSA)
Tract #349 (West Farm): 152.36 farmland acres with 132.82 CRP acres (FSA)
FSA Description:
Tract #348 (East Farm): Wheat Base 31.56, 39 PLC Yield; Corn Base 79.85, 92 PLC Yield; Soybeans Base 44.05, 34 PLC Yield (FSA)
Tract # 349 (West Farm): Wheat Base 0.0, 0 PLC Yield; Corn Base 0.0, 0 PLC Y...
Tract # 349 (West Farm): Wheat Base 0.0, 0 PLC Yield; Corn Base 0.0, 0 PLC Yield (FSA)
CRP Description: $47,464.00 income annually as follows:
(East Farm): $11,787 annually - 62.38 acres enrolled in the Conservation Reserve Program (CRP) at $188.96 per acre expiring 9/2026 (FSA)
(West Farm): $35,677.00 annually 132.82 acres enrolled at $268.61 per acre expiring 9/2026 (FSA)
CSR Description:
Tract #348 (East Farm): CSR2 61.7 (Surety Maps)
Tract #349 (West Farm): CSR2 57.5 (Surety Map)
Comments: Preferred Properties of Iowa is proud to present the DeMott Family Trust Farm! This excellent farm property totals 422 gross acres in two tracts, located on the High & Dry just North of Diagonal. This property features excellent income potential from a great Conservation Reserve Program (CRP) payment, some beautifully laying and productive row crop acres and some excellent timber for some great recreation potential, which includes several nice ponds. Land in this area is always in tight demand, so this investment definitely demands your attention! Contact Listing Agent Tom Miller (712-621-1281) to learn more and to schedule your private showing of this excellent property today!
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