Outer Rd & St Ne, Oelwein, IA 50662

Property Description

Fayette County, Iowa Farmland Auction – Mark your calendars for Thursday, August 27th, 2026! We are pleased to present the opportunity to purchase 151.86 surveyed acres of Fayette County, Iowa farmland located just outside the Oelwein city limits. Offered in two individual tracts, this farm presents an excellent opportunity for farmers, investors, development speculators, and buyers seeking high-quality Iowa farmland with strong long-term potential. The property consists of 151.86 surveyed acres and will be offered as two separate tracts. Tract 1 contains 108.32 surveyed acres with an estimated 102.89 cropland acres, carrying an impressive CSR2 soil rating of 84.4. Tract 2 consists of 43.54 surveyed acres with an estimated 40.74 cropland acres, carrying an average CSR2 soil rating of 85.3. Both tracts are considered NHEL (Non-Highly Erodible Land), and feature highly productive soils that exceed the Fayette County average CSR2, with the predominant soil type being Kenyon Loam. The farm is currently enrolled in the Conservation Reserve Program (CRP), with the majority of the contracts expiring in 2026, allowing for immediate possession at closing. Tract 1 has one CP5A field windbreak CRP contract remaining, covering 1.67 acres and paying $393.20 per acre or $657.00 annually through 2030.