Mark your calendars for Friday, November 8th, 2024, at 10:00 AM! Peoples Company is pleased to represent the Michael L Dooley Revocable Trust in the sale of 151.9 acres located in Warren County, Iowa. This offering consists of productive tillable farmland tracts with recreational qualities and a 1960’s 2-story farmhouse, located just south of Martensdale, Iowa. All of these tracts are located within the desirable Martensdale-St Marys School District and the Interstate 35 corridor, near the Warren/Madison County line. The portfolio will be offered in three tracts via the Buyer’s Choice auction method of sale at the Immaculate Conception Hall in St Marys, Iowa.

Tract 2 consists of 30.38 acres (survey completed 10/8/24) with 20.04 FSA cropland acres, carrying a CSR2 value of 78.6. Primary soil types on this tract consist of Kennebec silt loam, Dockery-Quiver silt loams, and Wabash silty clay loam. The farm features a 1960’s built 2-story farmhouse, offering 1,578 sq. ft. of finished living space with 4 bedrooms and 2 bathrooms. Multiple garages, sheds, and a grainery are present on the farm as well. This tract would be an excellent addition to a local farm operation, option for a family looking for an acreage with no neighbors close to Interstate 35, or an investor purchase looking for an attractive return between the dwelling and cropland revenue.

Tract 2 is located in the northwest quarter of Section 28 in Jefferson Township in Warren County, Iowa.