774 92nd Avenue, Pleasantville, IA 50225 For Sale

Marion County, Iowa Farmland & Building Site – Peoples Company is pleased to present 61.06 surveyed acres located just five miles northeast of Pleasantville and a short 10-minute drive from Knoxville, Iowa. The property is conveniently situated just over half a mile north of County Highway G40 on 92nd Avenue and is bordered by Gear Street on the north side. Located in Section 4 of Union Township, this exceptional property offers an outstanding combination of highly productive farmland, a ranch-style home with grain storage, recreational appeal, and a future building site offering breathtaking views overlooking Lake Red Rock.

The farm includes 57.65 FSA cropland acres, with approximately 54.68 acres currently in production, carrying a CSR2 soil rating of 61.1. The property was recently improved with 17,718 feet of 4-inch pattern tile with 6-inch mains installed in November of 2020, providing superior drainage and enhancing the farm's productivity. The cropland is currently farmed by the owner, and the residence is currently leased. Contact the Listing Agent for lease details and additional information.

An attractive feature of the property is the surveyed 11.53-acre parcel located in the northwest corner of the farm, giving a future owner the flexibility to construct a new home, sell the parcel as a separate building site, or continue to use it as farmland. The elevated setting provides outstanding views overlooking Lake Red Rock and creates an exceptional rural homesite opportunity.

The property includes an 816-square-foot home built in 1952 featuring two bedrooms and one bathroom. The home is currently occupied by a tenant. Additional improvements include an 18' x 15' grain bin, a 30' x 22' grain bin, and a half-acre stocked pond.

Located adjacent to Lake Red Rock and its more than 36,000 acres of lake area, public land, and public hunting opportunities, this property offers an excellent combination of productive farmland, recreational appeal, investment potential, and future building site opportunities. Contact the Listing Agent for more information on this exceptional Marion County property.