239th Avenue Montrose, IA 52639 Land - Farm

Auction • March 5th, 2026
  • 239th Avenue, Montrose, IA 52639 Main Photo

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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
$1
Est. $100/mo
Active
LOT SIZE 532.640 acres MLS#6335192
STATUS PROPERTY TYPELand - Farm

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239th Avenue, Montrose, IA 52639.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $1$1$1
Down Payment $0$0$0
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Taxes $0$0$0
Insurance $100$100$100
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