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1657 Nathen Bethel Avenue, Independence, IA 50644

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For Sale

$1

213.44 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 213.4 acres
    Lot size

Explore this Property

I'm pleased to represent the Larry L. Rasmussen Trust in the sale of 213.44 acres m/l located just northeast of Independence in Buchanan County, Iowa! A farmland auction will be held on Tuesday, November 4, at 10:00 AM at the VFW Post 2440 in Independence, Iowa. The land will be offered in two individual tracts using the Buyer's Choice sale method, where the high bidder will be able to choose either or both tracts after the bidding. This land will be sold with NO RESERVE, and all of the proceeds of this sale will be generously gifted to local non-profit organizations. Tract 1 consists of 133.44 acres m/l with 119.51 FSA Cropland acres carrying a CSR2 of 85.3, as well as a 12-acre m/l building site with a nice Morton building and pasture. The cropland is comprised of 25.13 tillable acres m/l carrying a CSR2 of 88.4 and 94.38 acres with an average CSR2 of 84.5, currently enrolled in CRP contracts, paying $30,484.74 annually, and expiring in 2027. Tract 2 consists of 80 acres m/l with 58.97 FSA Cropland acres carrying a CSR2 of 71.4, as well as 14.19 acres m/l of pastureland. All of the cropland acres are currently enrolled in CRP contracts, paying $18,839.34 annually, and expiring in 2027 and 2031. The excellent location just off Nathen Bethel Avenue, northeast of Independence, is in the heart of a prime land ownership area with ethanol plants, the Mississippi River, and Cedar Rapids grain markets all less than an hour away. Visit our website for more information.
MLS# 727340

Courtesy Of Peoples Company

(515) 222-1347

Property Features

  • Lot Size
    213.44 Acres

Map and Directions

Directions to 1657 Nathen Bethel Avenue, Independence, IA 50644

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.