Description
I'm pleased to present this 40-acre m/l farm located just southeast of Bernard, Iowa, in Jackson County. Whether you are looking to expand your current farming operation or searching for a first-time farm purchase, this property offers an excellent opportunity. The farm includes 35.88 FSA tillable acres with an average CSR2 rating of 44. An additional 2.67 acres are currently enrolled in CRP, generating an annual payment of $423. The predominant soil type across the property is Fayette silt loam. In the fall of 2025, the seller applied approximately 220 units of NH3, along with phosphorus (P), potassium (K), and sulfur (S). Don't miss the opportunity to add this well-maintained 40-acre m/l farm to your operation. **The current owner intends to farm the property for the 2026 crop season, with a closing anticipated on or around November 1, 2026. Please contact the listing agent for details regarding input reimbursement and the potential for the buyer to farm the property in 2026.
Property Highlights
Property Type: Land - Farm
Total Acres: 40.00 Acres
Zoning: Agriculture
General Information
County: Jackson
Listed By:
Peoples Company
515-222-1347
No Coast MLS
MLS ID: 6336728
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Mcdevitt Lane, Bernard, IA 52032.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $440,000 | $440,000 | $440,000 |
| Down Payment | $88,000 | $15,400 | $110,000 |
| Monthly Mortgage Amount | $2,110 | $2,590 | $2,696 |
| Taxes | $612 | $612 | $612 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $194 | $0 |
| Monthly Estimated Total | $2,850 | $3,524 | $3,436 |