Jolean Overton-Austin
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
Major Lee County, Iowa Land Sale ? High-Quality Farmland in a Strong Farming Community! I'm representing the State of Iowa in the sale of 532.64 surveyed acres m/l of Lee County, Iowa quality farmland. Located within a short drive from Fort Madison, IA, these tracts would make for a great addition to an existing farming operation or a smart investment for the Buyer looking to diversify their investments. The four tracts will be offered through a Sealed Bid Sale Method where Buyers are able to submit bids on any individual tracts. All Sealed Bids are due before 4:00 PM (CST) on March 5th, 2026. Of the total 532.64 surveyed acres m/l in this portfolio, the farmland includes an estimated 296.54 cropland acres. The portfolio will be offered as four tracts ranging in size from 57.56 to 205.57-surveyed-acre tracts, where they can be purchased individually or in any combination. Located in a strong farming community near several competing grain markets including both grain elevators and ethanol plants, these highly tillable, contiguous tracts of farmland have been proudly owned by the State of Iowa for many decades with a long-term tenant that has taken excellent care of each tract. Tract 1: 159.45 Surveyed Acres M/L, 152 est. cropland acres Tract 2: 110.06 Surveyed Acres M/L, 98.86 est. cropland acres Tract 3: 205.57 Surveyed Acres M/L, 11 est. cropland acres Tract 4: 57.56 Surveyed Acres M/L, 34.68 estimated cropland acres Visit our website for more information!
Property Highlights
Property Type: Land - Farm
Total Acres: 532.64 Acres
Zoning: Agriculture
General Information
County: Lee
Listed By:
Peoples Company
515-222-1347
No Coast MLS
MLS ID: 6335192
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239th Avenue, Montrose, IA 52639.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $1 | $1 | $1 |
| Down Payment | $0 | $0 | $0 |
| Monthly Mortgage Amount | $0 | $0 | $0 |
| Taxes | $0 | $0 | $0 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $0 | $0 |
| Monthly Estimated Total | $100 | $100 | $100 |
Jolean Overton-Austin
REALTOR®
ABR, CRS, AHWD
Cell: (563) 676-6363
Licensed in IA & IL
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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