Ferguson Carlson

Located on the northeast side of Parkersburg, this farm provides a unique combination of land uses within one large property. The farm is a total of 492.18± acres, and has land in crop production, CRP, and timber. The row crop field has a CSR2 of 63.9 and is currently in a corn and soybean rotation. The well-established CRP field is 191.31 acres in two contracts. The smaller contract expires September 30, 2026, while the larger contract expires September 30, 2029. This field has a CSR2 value of 70.8. The 127.68-acre m/l timber field is located on the north side of the property and contains portions of Beaver Creek. The proximity to CRP, timber, and a water source provides excellent wildlife habitat.

Asking Price: $3,568,917.00 or $7,251.24/ac on 492.18± acres.

Farm Information:

FSA Farm/Tract Number 8381/8782

Total Gross acres 492.18±

Currently Tilled Acres 173.19±

Conservation Reserve Program (CRP) Acres – All Contracts 191.31

181.41 ac. @ $327.19/ac – $59,356.00/yr – exp. 9/30/2029

9.90 ac. @ $262.41/ac – $2,599.00/yr – exp. 9/30/2026

Timber Acres 125.35±

Annual Real Estate Taxes ($22.39/acre) $11,022.00

CSR2 on Currently Tilled Acres 63.9

CSR2 on CRP Acres 70.8

No Highly Erodible Land, No Valid Wetland Determination

Driving Directions: From the intersection of Highway 57 and Orchid Lane on the east side of Parkersburg, go north on Orchid Lane approximately 0.7 miles to the railroad tracks. The entrance to the field is on the north side of the drainage ditch which is across the railroad tracks approximately 630 feet to the north via an easement across the airstrip.

Method and Terms of Sale: Exclusively listed property. Interested buyers should contact Brent Larson with Sunderman Farm Management Co. to submit offers at 515-571-3704. Property is offered "As-Is, Where-Is" with no warranties or guarantees, expressed or implied, made by the seller or their agent. Sale is subject to all easements, covenants, and restrictions of record. Buyers should consult with the applicable professionals of their choice and complete all research and inspections prior to making an offer. A standard purchase agreement with no contingencies will be signed and buyer will provide earnest money in the amount of ten percent (10%) of the total sales consideration. Balance due via wire transfer at closing with delivery of a warranty deed and abstract showing merchantable title. Real estate taxes and CRP payment prorated to date of closing. Landlord’s possession at closing. Farm is leased for 2026.

Approximate Legal Description: SE1/4 Sec 20-T90N-R16W, AND SW1/4 AND SW1/4 SE1/4 Sec 21-T90N-R16W, AND NE1/4 North of RR ROW except Parcel Q and except that part of tax parcel 1529200041 lying North of RR ROW Sec 29-T90N-R16W, AND NW1/4 North of RR ROW except Parcel B Sec 28-T90N-R16W of the 5th PM, all in Albion Township, Butler County, Iowa. Exact legal description will come from abstract of title.