#2 • Tract 2 - 193.50 Acres M/L

Part of Monroe County, IA Land Auction - 308.41 Acres M/L (#19297) (live auction by Peoples Company)

Location: Melrose, IA

High bid $7,025.00

Status: Sold

Tract 2 presents as 193.50 surveyed acres of productive Monroe County farmland in an area where large, contiguous tracts of tillable ground are a rarity. This gently rolling farm offers 182.08 estimated FSA cropland acres classified as a combination of NHEL (Non-Highly Erodible Land) and HEL (Highly Erodible Land) and features dependable Grundy silty clay loam soils with an average CSR2 rating of 56.1 for consistent row crop yields and cash rent potential. Fingered, timber lined draws through the farm's south half add recreational appeal. Access is from the west off of County Road S63 / 500th Avenue and from the south from 255th Street. Located southwest of Melrose, Iowa, in Sections 18 & 19 of Jackson Township in Monroe County, Iowa.   Tract 2 Farm Lease: The farm is leased for the 2026 farming season, and an early lease termination has been agreed upon with the current farm lease terminating on Thursday, December 31st, 2026, or upon removal of all crops from the property, whichever occurs first. The second half rental payment for Tract 2 is due to the new Buyer(s) on or before September 1st, 2026. Please reach out to the Listing Agents for more details.  Legal Description To be taken from the abstract. Details Acres: 193.50 Acres M/L Parcel Number: 180619008000000, 180619009000000, 180619005000000, Portion of 180619007000000, Portion of 180619006000000 Net Taxes: $3,150.00 CSR2: 56.1   Directions From Chariton, Iowa: Travel east on US Highway 34 for 10 miles until reaching 500th Avenue/County Line Road. Turn right (south) onto 500th Avenue/County Line Road and travel south for 1.5 miles until reaching Bluegrass Road. Turn right (west) onto Bluegrass Road and travel west/southwest for 1.25 miles until reaching 332nd Avenue. Turn left (south) onto 332nd Avenue and travel south for 1 mile until reaching 440th Street. Turn left (east) onto 440th Street and travel east for 0.75 miles until reaching County Road S63. Turn right (south) onto County Road S63 and travel south for 1 mile. The farm will be located on the east side of County Road S63. Look for the Peoples Company signage. From Albia, Iowa: Travel west on US Highway 34 for 15.3 miles until reaching 500th Avenue/County Line Road. Turn left (south) onto 500th Avenue/County Line Road and travel south for 1.5 miles until reaching Bluegrass Road. Turn right (west) onto Bluegrass Road and travel west/southwest for 1.25 miles until reaching 332nd Avenue. Turn left (south) onto 332nd Avenue and travel south for 1 mile until reaching 440th Street. Turn left (east) onto 440th Street and travel east for 0.75 miles until reaching County Road S63. Turn right (south) onto County Road S63 and travel south for 1 mile. The farm will be located on the east side of County Road S63. Look for the Peoples Company signage.