• Total Acreage: 392.40 ac • Tillable: 355 ac

This property offers productive tillable land and a CRP contract on 17.1 acres, with a high rental rate, for conservation and wildlife habitat. The wooded and grass ridge that crosses part of this property shows signs of heavy deer activity and would also be a beautiful setting for a home or cabin. This property is in a prime deer location and do not overlook the pond stocked with bass, bluegill and catfish. There is also a very functional 48ft x 96ft machine shed with a concrete floor and electric. The sellers will consider divisions of the property.

PROPERTY/LISTING DETAILS:

Possession Date: At closing subject to farm tenant rights which expire January 1, 2021

Taxes: 2019 Real Estate Taxes Payable 2020 - Property east of Meridian Road (2 tax ID's): $4,879.74 - Drainage Assessments: $888.60 - 2019 Real Estate Taxes Payable 2020 - Property west of Meridian Road (1 tax ID): $4,172.00 - Drainage Assessments: $859.20

Zoning: Ag

Other: The sellers will consider divisions of the property.

Note: County tax records show 210.21 acres on the property east of Meridian Road while a 2014 survey shows 211.427 +/- acres. County tax records show 182.251 acres on the property west of Meridian Road. Total acres from County Tax records is 392.461.

School District: North Newton School Corporation

Elec. Source: Newton County REMC

FSA DATA:

FSA Cropland: 357.53* acres of which 17.1 acres is in CRP. *Listing Company estimates approximately 2.5 acres of FSA Cropland not part of property being sold. Contact listing agents for FSA Aerial and other information.

Corn Base Acr.: 182.5, PLC Yield: 131

Wheat Base Acr.: 4.2, PLC Yield: 44

Soybean Base Acr: 110.0, PLC Yield: 37

Conservation Reserve Program (CRP): 17.1 acres; Annual Rental Rate Per Acre - $339.83; Contract expires: September 30, 2025

Buyer shall assume the existing CRP contract obligations and shall timely sign all documents required by the FSA Office in connection therewith. Any penalty, repayment and/or interest assessed due to termination, noncompliance and/or owner-ineligibility after closing shall be the responsibility of the Buyer.

Improvements: 48ft X 96ft Pole Building with concrete floor and 220 amp electric service. 23ft 4in wide x 14ft high door, 23ft 4in wide x 12 ft high clearance door & 15ft 3in wide x 12ft high clearance door.

Owners: John and Peggy Luzer