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400th St & 405th Street, Osage, IA 50461

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For Sale

$1

116.51 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 116.5 acres
    Lot size

Explore this Property

Mitchell County, Iowa Farmland Auction - Mark your calendars for Wednesday, September 24th, 2025! We are honored to represent the heirs of the Russell G. McPhail Estate in the sale of 116.51 acres m/l located northeast of Osage, Iowa, or just south of Little Cedar, Iowa. The farmland will be sold as two individual tracts through the Buyer's Choice Auction Method, taking place at 10:00 AM at the CRC Events Center in Osage, Iowa. Tract 1: 80 acres with 76.79 FSA cropland acres; CSR2 of 86.6. Tract 2: 36.51 acres with 35.48 FSA cropland acres; CSR2 of 79.3. These high-quality farmland tracts are located in a strong farming community with several grain marketing outlets nearby. They would be a great add-on to an existing farm operation, an affordable tract for a beginning farmer, or a smart investment for the buyer looking to diversify their portfolio. The farmland acres are classified as NHEL (Non-Highly Erodible Land) and have been professionally managed, enhancing their value as a reliable and sustainable asset. The tracts are located in Liberty and Burr Oak Townships. The farm lease has been terminated, and the farming rights will be available for the 2026 growing season. The farms will be offered via a live Public Auction that will take place at 10:00 AM CST on Wednesday, September 24th, 2025, at the CRC Events Center, 1006 Chestnut Street, Osage.
MLS# 723855

Courtesy Of Peoples Company

(515) 222-1347

Property Features

  • Lot Size
    116.51 Acres

Map and Directions

Directions to 400th St & 405th Street, Osage, IA 50461

Home seller CENTURY 21 Preferred

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Preferred

(641) 424-9400
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Copyright © 2025 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† 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.

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