Coulter, IA 50431 | Listing | American Legacy Land Co.

Coulter, IA 50431

Property Detail

Coulter, IA 50431

Coulter, IA 50431 - Franklin

Listing Courtesy of: American Legacy Land Co.

Farms

Active

$1,603,665

118.79 acres

For Sale

Listing Date: 02/17/2025

FRANKLIN COUNTY 118
Here’s a chance to own a spectacular farm in North Central Iowa. This property consists of 118 nicely laid acres that have been meticulously cared for and leased by the same farmer for over 30 years, who is willing to continue to lease if purchased by an investor. This ground has highly productive yields. The predominant soil type is Clarion loam, 0 to 6 percent slopes.

This 118 acre tract is located just off I-35 and Hwy 3, near Coulter in Franklin County. This property would make a great addition to your existing farm operation and has investment potential.

The property is currently rented for the 2025 growing season.

Current owners have a wind turbine easement agreement with Interstate Power & light. They each receive $250.00 annually per year. There is NO indication that they plan to erect a wind turbine.

This highly productive farm CSR2
Parcel # 0902300002 81.74 40 AC
Parcel # 0902100006 48.87 40 AC
Parcel# 0902300004 86.65 38.79 AC

Taxes: $3,440.00

Lot Description
Acreage
Hunting
Current Use
Agriculture
Property Tax Exemption

No

Street/Utilities Information
Dirt
No City Services

Mortgage Options
Conventional Mortgage

Agricultural Uses
Row Crop
Tillable Acres

118.79

Row Crop Type(s)
Corn
Soy

Legal Address

East Half of the South West Quarter and the South East Quarter of the North West Quarter of Section Two, Township Ninety One, Range Twenty Two, Wes... See more

East Half of the South West Quarter and the South East Quarter of the North West Quarter of Section Two, Township Ninety One, Range Twenty Two, West of the Fifth P. M. Iowa. See less

GIS Parcel Id

0902100006, 0902300002, 0902300004

Directions
Head North on Gull Ave ½ mile to Hwy 3. Go left (West) on Hwy 3 for 2 miles to Finch Ave (Just before Interstate Bridge). Go left (South) on Finch Ave (S21) 2 miles to 130th Street. Go right (West) on 130th Street for ¾ mile. The Farm is on North side before the Interstate bridge.