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County Highway J22, Humeston, IA 50123

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For Sale

$1

221.12 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Farm/Ranch
    Property type

  • 221.1 acres
    Lot size

Explore this Property

Wayne County, Iowa Farmland Auction Mark your calendar for Friday, April 11th, 2025 at 10:00 AM! I'm pleased to represent D Bar C Land and Cattle in the sale of 221.21 total acres m/l of Wayne County, Iowa farmland. Located just four miles east of Humeston, Iowa, this farm sits along paved County Highway J22 in Section 17 of Washington Township. It includes 187.63 FSA cropland acres with an average CSR2 rating of 49.3, featuring productive soil types such as Zook-Olmitz-Vesser complex, Arispe silty clay loam, and Shelby clay loam. Additionally, the property offers 30+ acres of timber and a creek running through its center, creating excellent hunting and recreational opportunities. With road frontage on three sides, the farm provides convenient access for both agricultural and recreational use. The farm is leased for the 2025 growing season, with 185 cropland acres cash-rented at $273/acre, generating $50,505 in annual income. The cash rent will be credited to the buyer at closing. The property also has a $4,000 annual hunting lease, which will be terminated prior to the sale but can be renegotiated by the buyer if desired. Located in a strong agricultural area with multiple competing grain markets nearby, this highly tillable farmland offers an excellent opportunity for expansion or as an investment-grade land purchase. Visit our website for more information regarding this Auction!
MLS# 6324964

Courtesy Of Peoples Company

(515) 222-1347

Property Features

  • Architecture Style
    Other
  • Lot Size
    221.12 Acres

Map and Directions

Directions to County Highway J22, Humeston, IA 50123

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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.

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