Mills County, IA 956.7± Acres

Website Listing: wpgo.me/460f3a
Description:
Whitetail Properties Real Estate is honored to represent the Guttau Land Company I, LLC in selling this iconic southwestern Iowa farm. Locally known as the Van Pelt Ranch, this property has a vast history with the Glenwood community and surrounding area.
The original 4-story farmhouse sits on the top of the hill in the northeast corner of the farm with a commanding view. The +3,900 sq. ft. five-bedroom, two ¾ bath home was fully renovated in 2017. The kitchen, bathrooms, and bedrooms have been updated and modernized with high-end finishes and appliances. The original woodwork, trim, and hardwood floors have been restored and refinished to add character and capture the unique details of the past.
The land offers a combination of high-quality tillable, rolling pastures, hardwood timber, multiple ponds, and thick habitat for the native wildlife. The farm’s main use is currently for livestock and grazing. Still, more acres could easily be converted to row crops to take advantage of strong commodity prices and increase the overall revenue and productivity of the farm.
Located on 221st Street, just minutes from the growing community of Glenwood and a short drive to Council Bluffs and Omaha, this property is ideally situated in the path of future residential development. The rolling timbered hills, beautiful views, and short commute make it a great place many would like to call home.
Farms of this size offer so many options for the next owner. This property would greatly add to existing livestock or row crop operations. It could be purchased for investment and rented to a local operator while taking advantage of all the recreational opportunities on the property with family and friends.
Call the Listing Agent to schedule a private showing for more information about this amazing property and see it for yourself. Showings are by appointment only with advanced notice.
Details:
287.73 FSA Tillable acres with a weighted average CSR2 of 58.6 (AgriData, Inc. 2022). Only 128.94 of those acres are currently in row crop production leaving an opportunity to increase the productivity of the farm
Approximately 670 acres are pasture and timber which could easily support 325 cow/calf pairs
Current cash rent for the farm is $125,000.00. This revenue could be increased to more than $160,000.00 if the remained tillable acres were in production
More than 8.5 miles of new perimeter 4 and 5 strand barb wire fence
Multiple gated entrances to the farm to check cattle, chore or access the tillable acres with large Ag equipment
Timber is a mixture of hardwoods, cedars, and brush. This combination provides tremendous cover for the wildlife on this farm
This farm is loaded with a high density of wild turkeys and whitetail deer
SW Iowa is known to produce incredible whitetail bucks and with the size of this property, the new owner could grow and hold trophy bucks year after year
Located in Non-Resident Deer Zone #3 - Best drawing odds for NR Archery and NR Shotgun tags in the state
The recreational opportunities on a farm of this scale are endless: hunting, fishing, horse back riding, UTV/ATV riding, canoeing, kayaking, camping, and hiking
Access to more than 25 acres of fishing ponds stocked with bass, crappie, catfish, and panfish
With the farm’s proximity to the growing communities of Omaha, Council Bluffs and Glenwood, the property has tremendous future residential development potential. The Brookside neighborhood could be developed further to the south and the rolling hills, flat ridge tops and beautiful views of the western +700 acres would make for an incredible housing development
Farm tenancy is open for 2023 and new owner will have full possession on 3/1/23
3,913 square foot 1900’s 4 story home has been fully renovated with a modern kitchen, bathrooms and bedrooms. The original woodwork and character of this home has been beautifully maintained giving it the balance of farmhouse charm with modern updates
2 car detached garage with apartment/guest house
50’ x 80’ machine shed with concrete floors, floor drains, water, electricity, insulation, and propane heat
8,000-bushel MFS bin with fan and 6,000 bushel Butler bin with fan, dryer, and stirator for blending grain adjacent to the home and buildings
6,000-bushel MFS bin with fan and 3,000 bushel Butler bin located at the south end of the east 240 adjacent to the 45’ x 70’ metal horse barn
Located less than 18 miles to downtown Omaha and only 12 miles to Council Bluffs with door-to-door hard surface roads. No gravel roads
Glenwood Community School District
Located in Sections 14, 15, 22 & 23 of Oak Township (14/15/22/23-73N-43W)
Zoning: A - Agriculture
Annual Property Taxes: $23,616.00 (2020)

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