Bondurant, IA 50035 - Polk County

Here is a great opportunity to acquire a prime candidate in the growing area near Bondurant to develop into rural estate home building lots! Featuring high quality tillable that is adjacent to new home construction; this exclusive offering represents a chance to own the next potential transitional property for future residential development in the area. The farm will be offered in one tract through public auction, subject to sellers choice, at 1:00pm on Thursday June 30th at the Mitchellville Community Center and online.

Ranch & Farm Auctions, a division of Whitetail Properties Real Estate, is honored to present this high quality row crop farm in a thriving area on the northeast fringe of Bondurant, with the potential for estate residential development. This offers an exclusive opportunity to acquire a prime candidate in this growing region to develop into 1-3 acre rural estate home building lots*. Bondurant is a growing city on the northeast fringe of greater Des Moines, with schools, grocery stores, and shopping/entertainment just minutes away.

The farm is in the Northeast Planning District of Polk County, in the Estate Residential future land use category. According to the Polk County 2030 Comprehensive Plan, Estate Residential district is intended to provide for very low-density residential development, with on-site septic systems. There is an emphasis on retaining natural features and creating a connected network of open space.

There are 79 taxable acres, with 66.32 FSA effective crop land acres carrying an average weighted CSR2 of 87.7. The crop acres are leased for the 2022 growing season and will be open for full possession on March 1, 2023. The farm will be offered in one tract through public auction, subject to sellers choice, at 1:00pm on Thursday June 30th at the Mitchellville Community Center.

Note: new owner must work with Polk County Planning & Zoning to determine the feasibility of subdivision.

Location:

From Bondurant: 3 miles east on 78th Avenue. Turn left (north) on NE Morgan Drive. The farm is located 1.3 miles north, on the east side of the road. 6 miles from Mitchellville, 9 miles from Altoona, 18 miles from Des Moines.

Legal Description: SE of SW and SW of SE of S22, T80N, R22W of the 5th PM in Polk County, IA. Exact legal description will come from the abstract.

Real Estate Tax:

Taxes Payable 2021 - 2022: $2,937

Net Taxable Acres: 79 m/l

FSA Data:

FSA Effective Crop Acres: 66.32

Quality farmland with strong development potential

New home construction in the immediate area

Less than five miles northeast of Bondurant, Iowa

Hard surface road in a beautiful countryside setting

66.32 FSA crop acres with 87.7 CSR2

Level to gently rolling topography

13 ac. m/l in mature hardwood timber

Exclusive opportunity to own future development land

Prorated portion of the 2022 cash rent at closing

Tenancy open on March 1, 2023

Soil Types/Productivity:

Primary soils are Clarion loam, Webster clay loam. Estimated CSR2 on the crop acres is 87.7, according to Surety AgriData.

Topography:

Level to gently rolling in the timber