Kotohomes Logo
Kotohomes partnered with:
The Courier
For Sale For Rent
Advertise
bedrooms Pending
bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
0
acreage
Acreage
40.0
open houses
Open Houses
-
year built
year built
-
full baths
Full Baths
0
half baths
Half Baths
0
AUCTION!! Located northwest of Rolfe, IA, this high-quality farmland boasts an impressive 86.3 CSR2 rating. It comes with a cash rent lease in place, generating $11,550 per year through 2027. This tract offers a fantastic opportunity for those seeking reliable returns on premium tillable ground. This farm offers an attractive rental rate combined with tax credit potential — a great investment opportunity! The seller has received a tax credit certificate through the Beginning Farmer Tax Credit program. You may be eligible for this tax credit for the next three years; however, it will be your responsibility to apply for the tax credit certificate through the Iowa Agricultural Development Division Board and the Iowa Finance Authority. Legal Description: E 1/2 E 1/2 NW 1/4 Section 25-93-32 Possession Terms: Landlord possession until April 1, 2028. Closing Date: On or before February 21, 2025 Soil Productivity: 86.3 CSR2 FSA Farmland: 39.93 FSA Cropland: 38.53 Taxes: $1,270 Annual Real Estate Earnest Deposit: 10% due upon Seller's acceptance of your bid Tenancy: The farm is rented for the 2025, 2026 and 2027 season. Rent Proration: Buyer will receive all rent for 2025, 2026 and 2027 directly from the tenant on November 1 of each year, in the amount of $11,550, according to the existing lease. THIS PROPERTY WILL SELL AT AUCTION! THE PRICE SHOWN IS NOT REFLECTIVE OF THE ASKING/SALES PRICE!
Location
Subdivision -
County Pocahontas
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Jason Smith, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: 6323808
Listing agent: Jason Smith #***
Listing broker: Dreamdirt Farm & Ranch Real Estate (641) 423-6400
Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Thursday, January 23 2025 at 7:56 p.m. EST
Kotohomes National