STORY CO. 37.38 ACRES M/L

This tract is an ideal small farm located close to Ames and in the Ames School District. There is a high building site area in the NE corner overlooking the pond and land to the south. The pond was built in 2018 as part of the flyover overpass for I-35. The pond is approximately 6.5 acres from the tops of the berms and approximately 6 acres of water normally. The pond has a sand bottom and the water level will fluctuate as the aquifer adjusts from time to time. The pond and NE corner are out of the 100 year floodplain but the farmland is mostly in the floodplain. The property is approved for a residence by the Story Co. Planning and Zoning. The floodplain has been surveyed so the NE area is not subject to flood insurance requirements. There are three grain bins and an open front shed on the east side of the property. Some of the property is fenced with a new fence on the north. The Iowa DOT is responsible for the west fence. The farm lease is canceled for 2025 possession. There is full possession at closing on the pond and NE non tillable area. The land could be easily irrigated from the pond or a shallow well. This land would be ideal for pasture, trees and truck farming crops. The east side of the pond was recently re-seeeded and reshaped with a pier leading out into the pond. This ownership of this land goes back to C. G. Lee who was a district judge in Ames in the early 1900s. Emma McCarthy Lee Park in Ames was donated by C. G. Lee in remembrance of his wife, Emma.

FSA Info, Soil Tests and previous yield information is available upon request

Gross: 37.38 A m/l

Net: 36.66 A m/l

Tillable: 23.4 A m/l

CSR2: 63.4

Taxes: $936

Water: Central Iowa Water – main runs N side of 245th St. Approx. $4,000 for hookup.

Electricity: Consumers Energy Cooperative of Iowa

Buildings:

26’ x 32’ – Open Front Utility Building
Three Grain Bins – 24,000 bu. +/- total. Not rented for 2024 but have been leased in the past for $3,000/year and likely could be again.

Possible Uses of the Property:

Zoned for one Single Family home
Commercial or Residential/Commercial Combination
Rented Farmland, Pasture or Intensive Vegetable and/or Fruit crop farm
High water table for easy irrigation or pump from the pond
Fish Hatchery for Commercial Production – (Has not been stocked except minnows 3 years ago and we have the receipt)
Pond for Recreation and nice backdrop for a new home facing west
Hunting, Fishing and Waterfowl viewing on the pond