Brenda Smith
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Offering 117 acres m/l of high-quality Buchanan County farmland located less than one mile from the Fairbank, Iowa POET ethanol plant. This premier eastern Iowa farm includes 106.75 tillable acres m/l with an impressive CSR2 rating of 80.6, well above the county average. The property features productive Clyde clay, Kenyon, and Floyd loam soils, known for their strong yield potential and consistency. The eastern portion of the farm includes a non-tillable area bordering the Fairbank Fen recreational area, adding hunting, wildlife, and outdoor value to the tract, an attractive bonus for buyers seeking both income and recreation. Market access is exceptional. The Fairbank POET ethanol plant sits just around the corner, and Highway 281 is only 1/2 mile away. Additional grain and ethanol markets, including Shell Rock & New Hampton ethanol plants, and the Cedar Rapids & Mississippi River terminals, are all within an hour's drive, creating outstanding marketing flexibility and reduced hauling costs. This is a rare opportunity to purchase high-quality Iowa farmland in a prime location with strong soils, excellent access, and multiple nearby grain outlets. The farm is located at the corner of Dillon Avenue and 105th Street in Sections 2 & 3 of Fairbank Township, Buchanan County, Iowa.
Property Highlights
Property Type: Land - Farm
Total Acres: 117.00 Acres
Zoning: Agriculture
General Information
County: Buchanan
Listed By:
Peoples Company
515-222-1347
No Coast MLS
MLS ID: 6340846
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Dillon Avenue, Fairbank, IA 50629.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,398,150 | $1,398,150 | $1,398,150 |
| Down Payment | $48,935 | $0 | $279,630 |
| Monthly Mortgage Amount | $8,565 | $9,027 | $7,070 |
| Taxes | $1946 | $1946 | $1946 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $839 | $0 | $0 |
| Monthly Estimated Total | $11,758 | $11,381 | $9,424 |
Brenda Smith
REALTOR®
Office: (563) 583-4550
Cell: (563) 451-5132
Licensed in IA
Dubuque Office
600 Star Brewery Drive
Suite 300
Dubuque, IA 52001
(563) 583-4550
Suite 300
Dubuque, IA 52001
(563) 583-4550
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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