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Garling Road La Porte City, IA 50651 Land - Farm

Pending
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Description

We are pleased to offer 195 acres m/l of productive farmland located in Black Hawk County, Iowa, northeast of La Porte City. This property features approximately 190 tillable acres with a CSR2 rating of 61.7 and is classified as Non-Highly Erodible Land (NHEL), making it a valuable asset for sustainable farming. The farm is nearly 100% tillable and was completely pattern tiled in 2010 presenting an excellent opportunity for investors or a substantial addition for any local farmer. Its close proximity to Interstate 380 enhances operational efficiency and provides easy access to major transportation routes and local markets. The farm has been well cared for and owner-operated. The current operator would be open to continuing to lease from an investor Buyer, offering the potential for a favorable return. The property is situated along Garling Road in Section 22 of Spring Creek Township, Black Hawk County, Iowa.

Property Highlights

Property Type: Land - Farm
Total Acres: 195.00 Acres
Zoning: Agriculture

General Information

County: Black Hawk
Listed By:
Peoples Company 515-222-1347
IARMLS
$1,950,000
Est. $12,387/mo
Pending
LOT SIZE 195.000 acres MLS#6321133
STATUS PROPERTY TYPELand - Farm

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Garling Road, La Porte City, IA 50651.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,950,000$1,950,000$1,950,000
Down Payment $68,250$0$390,000
Monthly Mortgage Amount $11,326$11,783$9,104
Taxes $2714$2714$2714
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,169$0$0
Monthly Estimated Total $15,778$15,066$12,387

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