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Gum Avenue, Blencoe, IA 51523

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For Sale

$2

199.09 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Farm/Ranch
    Property type

  • 199.1 acres
    Lot size

Explore this Property

AUCTION! This farm, located in Sherman Township, southwest of Blencoe, will be sold as 1 tract. The farm has an irrigation well and a pivot, which is included in the sale. The pivot was given full maintenance and repair in 2024. The farm has a mix of tillable farmland and CRP acreage, with an annual CRP payment of $15,455. A persistent pond exists on the property, as well. All bidding will be held online. If you wish to make bids offline, you can be present at our Onawa office at 820 Iowa Avenue, on August 14 at 1:30 PM to bid in person. Legal Description: PT LOT 6 (PT S1/2 SE), PT LOT 6 (PT SW SE), Section 18-82N-45W PT NW NE, LOT 4 NE NE, PT SW NE, PT SE NE, Section 19-82N-45W PT SW NW PT GOV'T LOTS 2-3 Section 20-82-45 Possession Terms: Landlord possession at closing. Closing Date: On or before September 12, 2025 FSA Farmland: 199.09 FSA Cropland: 144.58 CRP Acres: 54.51 CRP Annual Income: $15,455.00 Taxes: $4,654 Annual Real Estate Earnest Deposit: 10% due upon Seller's acceptance of your bid. Tenancy: The farm is rented for the 2025 season. *THIS PROPERTY WILL SELL AT AUCTION! THE PRICE SHOWN IS NOT REFLECTIVE OF THE ASKING/SALES PRICE!
MLS# 6329464

Courtesy Of DreamDirt Farm & Ranch Real Estate, LLC

(641) 423-6400

Property Features

  • Architecture Style
    Other
  • Lot Size
    199.09 Acres

Map and Directions

Directions to Gum Avenue, Blencoe, IA 51523

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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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