03 V Avenue
Grand Junction, IA 50107
160 Acres M/L - Greene County, Iowa Auction · Land For Sale · 159.70 AC

Major Greene County, Iowa Farmland Auction - September 25 at 10 AM! Tract 3 consists of 160 acres m/l with 156.30 FSA cropland acres. Of the cropland acres, 153.40 acre currently farmed, with the remaining 2.90 acres enrolled in the Conservation Reserve Program (CRP). See the attached 'CRP Map'. The row-crop acres have a CSR2 soil rating of 69.5. Access to the farm is from V Avenue. This tract is located in Section 28 of Junction Township, Greene County, Iowa. CRP Contract Details: Contract #12147 - 2.90 Acres enrolled in a Grass Filter Strip (Practice CP21) with an annual payment of $870 ($300/Acre). This contract is set to expire in September 2039. Part of the tract lies in the lower half of Drainage District #169. This drainage district only has open ditches as apart of its current drainage infrastructure. An open ditch runs along a majority of the western boundary, and forks just south of the Louis Dreyfus ethanol plant next to the farm. See the attached 'Tile Map' for more details. Pipeline Easements & Information There is a Summit Carbon Pipeline Easement Agreement on 152.673 acres, excluding 7.327 acres in the southeast corner of the tract. The easement is 50 feet in width and permanent, with temporary construction easements in place as well. Summit Carbon has paid for this easement, although the pipeline has not yet been built. This easement is considered 'Phase 1', and there is a 'Phase 2' Easement Agreement that will be needed for Summit to continue their pipeline project; it has not been signed by the current owners. The Phase 2 pipeline comes from the south and meets with the pipeline in the northwest corner. It includes a permanent 50-foot wide easement covering 2.34 acres. See the attached 'Summit Carbon Pipeline Easement Map' for approximate locations. Contact the listing agent for more information. Another pipeline easement with the Louis Dreyfus Commodities Grand Junction, LLC from 2009 exists on the property. This easement includes a 50' wide strip of land, allowing Louis Dreyfus to construct, maintain, or repair a pipeline. Currently, no pipeline has been constructed under this easement. Additionally, a gas transmission pipeline runs through the eastern side and northern half of the property. See the attached 'Gas Transmission Pipeline Map' for approximate location. Underground Electrical Easement There is an Underground Electric Line Easement with Interstate Power and Light Company on the tract. This easement covers 10 feet in width, lying parallel and adjacent to the west property line of the property. Beaver Creek Wind Project There are two Mid-American wind turbines located on the property. The 2025 estimated annual payment for the wind project on Tract 3 is $21,336.49. Contact the listing agent for more details. *Please note that these payments are the best estimates of Peoples Company and payments are subject to change as the ownership of the parcels included in the Wind Lease Agreement change. Also, Peoples Company does not warrant or guarantee any part of the Wind Lease Agreement and any interested potential buyer or bidder should be aware of any potential risks of the Wind Lease Agreement.*