This is a unique timber tract located 3.5 miles SW of Rippey, 10 miles NW of Perry and 35 miles NW of Grimes. The closest intersection is 320th Street and Terrace Avenue, The land lies on the north-east side of the North Raccoon River. The property is roughly 3/4 mile north to south and 3/8 to 1/2 mile wide. It is mostly rolling timber but the SW corner is on the Raccoon River floodplain about 100 yards from the current stream; the river would extend onto the property in flood stage.
This is a large stand of mature oak, hickory, walnut and other native Iowa species plus some open hay land at the north end. The access is from the north via a permanent easement through land that the owners will be retaining for the time being. Rural water and electric are available at the road and can be extended to the 125 acres if needed.
The timber has not had any trees harvested that we know of. The Hanson family has owned the land since 1937. A copy of a timber evaluation was done in 2012 and is currently being updated. There are no heavily traveled lanes through the timber except the deer trails but the land can be walked without too much trouble.
There is about 6 acres of hay land to the north end. This can be rented to the present tenant if desired but would make a nice home or cabin site. The timber to the west was a partial gift and sale sold by the owner in 2015 to Greene County Conservation. This land is well marked with county conservation boundary signs.
Gross: 125 A m/l
Net: 125 A m/l
Taxes: $671 approx. (most of this property could be put in the timber reserve with little or no taxes due)
Township: Washington
10 Miles NW of Perry. From Perry take IA-144N towards Rippey. In Rippey, take 290th St. West, then slight lift on Hwy E57. Keep left to continue on Terrace Ave. for 2 miles. Entrance is at Terrance Ave. and 320th St.
Preliminary Legal Description (exact legal description will be in the abstract): W ยฝ of the NE ยผ of the SW 1/4, the E ยฝ of the NW ยผ of the SW 1/4, the SE ยผ of the NW 1/4, the E ยฝ of the SW ยผ of the NW ยผ, the South 25 acres, m/l of the NE ยผ of NW 1/4 and the E ยฝ of the SW ยผ of the NW 1/4: all in 29-82-29, Greene County Iowa.
Muscatine County, Iowa
148.91 m/l Acres
Auction Date: November 21, 2024 10:00 am
$2,501,688
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