Paton, IA 50217 - Greene County

Peoples Company is pleased to present an exceptional income-producing farm located just south of Paton, Iowa in Section 29 of Paton Township. This farm is 62.80 net acres m/l consisting of 59.86 FSA cropland acres and a CSR2 of 83.6. Prominent soil types include highly-productive Canisteo clay loam, Webster clay loam, and Nicollet clay loam. There is no Wetland Determination on file for this tract. All 59.86 cropland acres are currently enrolled in the Conservation Reserve Program (CRP) with expiration dates in 2027 and 2033. Upon expiration of the CRP contracts, these acres would be favorable for farming as they include top-producing soil types, or they could be re-enrolled in their respective CRP programs or be used as a building site.

The CRP contract details are listed below:

Contract #11367C: 53.36 Acres enrolled in the Pollinator Habitat Program (Practice CP42) with an annual payment of $16,506 or $309.34 per acre. This contract is set to expire in September of 2027.

Contract #12027A: 6.50 Acres enrolled in the Farmable Wetlands Program (Practice CP27 & CP28) with an annual payment of $1,950 or $300 per acre. This contract is set to expire in September of 2033. *This contract has been in place since 2009.

Access to the farm is from the east side of the property off of Iowa Highway 144. Included on the property is a 52 x 52 pole barn that was built in 1959. It is being sold in as is where is condition. The Union Pacific Railroad runs through the property and a private railroad crossing grants access to the western portion of the farm. An overhead transmission line runs along the eastern border of the property on Iowa Highway 144 and connects to two substations located just northeast of Paton, Iowa.