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6050 Duffy Road Fairbank, IA 50629 Land - Farm

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Description

Offering 77 acres m/l of farmland in Black Hawk County, Iowa. The farm includes approximately 74.39 cropland acres with a CSR2 of 52.9 and is currently planted to aronia berries. The permanent crop planting is irrigated by a drip irrigation system supplied by two 250-foot-deep wells installed in 2017. The property also features a 60 ft x 45 ft Spahn & Rose pole building, constructed in 2017, with 16-foot sidewalls, a sliding door, two walk-in doors, and a 16 ft x 14 ft insulated overhead door. Access between the two parcels is provided by a 16-foot-wide owned strip of land, along with a 41-foot-wide easement, for a total access width of 57 feet. The opportunities on this property are endless. The existing irrigation system allows for continued aronia berry production or conversion to other permanent or annual irrigated crops. Power and water are available on-site, and the pole building provides an excellent foundation for an acreage site or farm operation. In addition to its agricultural potential, the farm is adjacent to 345 kV MidAmerican Energy power lines, offering potential future renewable energy income opportunities. The property is located in a strong agricultural area, with the POET ethanol plant in Fairbank, Iowa, just seven miles away. Don't miss the opportunity to own this unique property located along Duffy Road in Sections 24 and 25 of Lester Township in Black Hawk County, Iowa.

Property Highlights

Property Type: Land - Farm
Total Acres: 77.00 Acres
Zoning: Agriculture

General Information

County: Black Hawk
Listed By:
Peoples Company 515-222-1347
No Coast MLS
$635,250
Est. $4,157/mo
Active
LOT SIZE 77.000 acres MLS#6338431
STATUS PROPERTY TYPELand - Farm

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Ruhl & Ruhl Careers
563.441.1776

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6050 Duffy Road, Fairbank, IA 50629.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $635,250$635,250$635,250
Down Payment $127,050$22,234$158,813
Monthly Mortgage Amount $3,088$3,841$3,925
Taxes $884$884$884
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$279$0
Monthly Estimated Total $4,157$5,188$4,994

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