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116.51 Acres Lot
Active
0 400th St & 405th Street Osage, IA 50461
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 723855
HOA Y/N No
Annual Tax Amount $4,092
Lot Size 116.510 Acres
Acres 116.51
Property Description
Mitchell County, Iowa Farmland Auction - Mark your calendars for Wednesday, September 24th, 2025! We are honored to represent the heirs of the Russell G. McPhail Estate in the sale of 116.51 acres m/l located northeast of Osage, Iowa, or just south of Little Cedar, Iowa. The farmland will be sold as two individual tracts through the Buyer's Choice Auction Method, taking place at 10:00 AM at the CRC Events Center in Osage, Iowa.
Tract 1: 80 acres with 76.79 FSA cropland acres; CSR2 of 86.6.
Tract 2: 36.51 acres with 35.48 FSA cropland acres; CSR2 of 79.3.
These high-quality farmland tracts are located in a strong farming community with several grain marketing outlets nearby. They would be a great add-on to an existing farm operation, an affordable tract for a beginning farmer, or a smart investment for the buyer looking to diversify their portfolio. The farmland acres are classified as NHEL (Non-Highly Erodible Land) and have been professionally managed, enhancing their value as a reliable and sustainable asset. The tracts are located in Liberty and Burr Oak Townships. The farm lease has been terminated, and the farming rights will be available for the 2026 growing season.
The farms will be offered via a live Public Auction that will take place at 10:00 AM CST on Wednesday, September 24th, 2025, at the CRC Events Center, 1006 Chestnut Street, Osage.
Tract 1: 80 acres with 76.79 FSA cropland acres; CSR2 of 86.6.
Tract 2: 36.51 acres with 35.48 FSA cropland acres; CSR2 of 79.3.
These high-quality farmland tracts are located in a strong farming community with several grain marketing outlets nearby. They would be a great add-on to an existing farm operation, an affordable tract for a beginning farmer, or a smart investment for the buyer looking to diversify their portfolio. The farmland acres are classified as NHEL (Non-Highly Erodible Land) and have been professionally managed, enhancing their value as a reliable and sustainable asset. The tracts are located in Liberty and Burr Oak Townships. The farm lease has been terminated, and the farming rights will be available for the 2026 growing season.
The farms will be offered via a live Public Auction that will take place at 10:00 AM CST on Wednesday, September 24th, 2025, at the CRC Events Center, 1006 Chestnut Street, Osage.
Location
State IA
County Mitchell
Area Other
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Schools
School District Outside School District
Others
Tax ID 0735100001, 1103200003
Monthly Total Fees $341
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Auction
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Listed by Peoples Company