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Rustic Ave
East Peru, IA 50222
Unknown bed None bath unknown SqFt ($0/SqFt)
26.76 acre lot.
Listed 2024-05-20
Ⓧ USDA Ineligible
due to property

near East Peru

Absolute Madison County Land Auction - Mark your calendar for Thursday

June 27th, 2024! We are pleased to present 26.76 m/l surveyed acres via an online-only auction. The farm has 24.96 FSA Cropland Acres carrying a CSR2 of 79. Primary soil types include high-producing Ladoga Silt Loam and Givin Silt Loam. The farm yielded 205-bushel corn during the 2023 crop season. Farm improvements were made last year by removing terraces and cleaning up fence lines to improve the ability to farm. The tillable acres are being custom-operated for the 2024 crop season. The buyer will receive a $150 per tillable acre credit at closing for the second half of the growing season.

Possession will be granted once the crop is harvested. Seller financing available, contact agent for details. The p roperty also has multiple spots to build, being less than one-hlf mile off pavement and 35 minutes from the Des Moines Metro. The farm is located northeast of East Peru in Section 2 of Walnut Township. The tract will be offered through a TIMED ONLINE-ONLY auction. Bidding is currently LIVE and will remain open until Thursday, June 27th, 2024, at 3:00 PM Central Time Zone (CST). If you are unable to bid online, accommodations can be made to participate in the auction by contacting the Listing Agents. Additional Info A principal of the selling LLC holds an active real estate license in the State of Iowa. Visit our website for more information.


Presented by John Reburn at
Peoples Company.


Property MLS #695618 from DesMoines

Total Bathrooms: 0.00

Lot Size Acres: 26.76
Lot Size Square Feet: 1165666

School District: Winterset

Winterset Middle School is a public elementary school located approximately 8.1 miles away.
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Winterset Junior High School is a public middle school located approximately 8.1 miles away.
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Winterset Senior High School is a public high school located approximately 8.3 miles away.
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Source Listing Status: Active
County: Madison
Directions: From the intersection of Interstate 35 and Highway 5 in West Des Moines, head south on Interstate 35 for 20 miles and take Exit 47 onto Highway 46 / Peru Road. Take Peru Road west for 9 miles until reaching Rustic Road. Turn right (north) on Rustic Road for one-half mile. The property is located on the southwest corner of Rustic Road and 285th Lane.
Disclaimer: Auction
Source Property Type: Land
Area: Peru
Source Neighborhood: Peru
Parcel Number: 70015028201000
Zoning: Ag
Source System Name: C2C

Listed 2024-05-20
$1
DesMoines
Listing removed 2024-05-16
$0
DesMoines
Listed 2024-02-28
$307,740
DesMoines
Listing removed 2024-02-21
$0
DesMoines
Price Changed 2023-10-06
$307,740
DesMoines
Listed 2023-08-14
$340,000
DesMoines
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.