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34114375
34114372

Underwood Avenue & 297th Street, Crawfordsville, IA 52621 For Sale

MH
IA IA S68835000
Peoples Company - Indianola
RS
IA S66739000
Peoples Company
Listed by Peoples Company - Indianola, Peoples Company
Unpriced
1 day on market
Updated 1 day ago

High-Quality Washington County, IA Land Auction

Details
APN 1608400002,1608400005,1608200004,160820000,1608200009,16082000011
Property Type Land
Sub Type Agricultural, Farm
Acreage 199.460
Zoning Ag

Underwood Avenue & 297th Street, Crawfordsville, IA 52621

Marketing description

Washington County, Iowa Sealed Bid Land Auction
Peoples Company & Jensen & Associates are pleased to represent Fulton Legacy Acres in the sale of 199.46 surveyed acres of premium Washington County, Iowa, farmland, ideally located just off US Highway 218 and within a short drive of Crawfordville, Iowa. With excellent access and a strong agricultural presence in the surrounding area, this tract presents a rare opportunity in a highly regarded farming community.

This farm has been proudly held in the same family since 1939, nearly 87 years, making this a truly rare opportunity to acquire a legacy property with a long-standing history of ownership and stewardship. The farm will be offered via Sealed Bid Sale, with all bids due prior to 12:00 PM "Noon" (CST) on June 16, 2026.

The entire farm contains 191.18 tillable acres carrying an impressive CSR2 rating of 77.8. Main soil types include Kalona Silty Clay Loam, Nira Silty Clay Loam, & Mahaska Silty Clay Loam. Buyers have the option to submit bids on the entire farm or on tracts 1 and 2, respectively. Final bids will be made on gross surveyed acres. The Fulton Legacy Farm is rented for the 2026 farming season, the buyer will receive $33,456.50, the second half cash rent at closing. Situated 1.25 miles northwest of Crawfordsville, IA, this meticulously maintained farm offers high-quality soils, tile improvements, and the opportunity to add a high quality tillable farm to your farming operation or land holdings portfolio.

Tract 1: 69.31 Acres - 65.63 estimated tillable acres - CSR2 rating of 82.4 - Survey Completed 5/18/2026, a copy is attached.
Tract 2: 130.15 Acres - 125.55 estimated tillable acres - CSR2 rating of 75.4 - Survey Completed 5/18/2026, a copy is attached.
Whole Farm: 199.46 Acres - 191.18 estimated tillable acres - CSR2 rating of 77.8 - Survey Completed 5/18/2026, a copy is attached.

The Fulton family continuously aimed to improve the farm. A majority of the drainage tile was installed on or before 1966, a re-creation of the projects completed on or before 1966 is attached. There have been significant tile enhancements over the past 27 years, which includes 39,639 feet of modern plastic tile, substantially improving drainage and overall land quality. Approximate tile maps are provided below.

Investment highlights

  • 199.46 surveyed acres of premium Washington County, Iowa farmland
  • 191.18 tillable acres with CSR2 rating of 77.8
  • Farm held in same family since 1939 - nearly 87 years of family ownership
  • Ideally located just off US Highway 218, 1.25 miles northwest of Crawfordsville, IA
  • Main soil types: Kalona Silty Clay Loam, Nira Silty Clay Loam, & Mahaska Silty Clay Loam
  • All NHEL Non-Highly Erodible Land
  • 39,639 feet of modern plastic tile improvements over past 27 years
  • 2026 farm lease in place; buyer receives $33,456.50 second half cash rent credit at closing
  • Yield History: 2025 Corn 242bu - Soybeans 63bu; 2024 Corn 229bu - Soybeans 77bu; 2023 Corn 239bu - Soybeans 61bu; 2022 Corn 196bu - Soybeans 77bu
  • Tract 1: 69.31 Acres, 65.63 tillable, CSR2 82.4
  • Tract 2: 130.15 Acres, 125.55 tillable, CSR2 75.4
  • Sealed Bid Sale - bids due June 16, 2026 by 12:00 Noon CST
  • Closing on or before July 30, 2026
  • 10% earnest money required at signing of Purchase Agreement

Listing Contacts

MH
IA IA S68835000
Peoples Company - Indianola
RS
IA S66739000
Peoples Company
Listed by Peoples Company - Indianola, Peoples Company

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Additional Information

Name
Matt Hoenig
License
IA S68835000
Brokerage
Peoples Company
Title
Real Estate Agent
Brokerage Address
12119 Stratford Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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