$1,650,000
EMERSON, IA 51533
MLS# 25-1404
Status: Closed
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Property Description
Premier Iowa Farmland Opportunity - 173± Acres | Mills & Montgomery Counties KILOTERRA is proud to present 173± Acres of high-quality farmland located on the Mills/Montgomery County line, just northeast of Emerson, Iowa. With strong soils and proven productivity, this farm is a prime investment for producers or land investors alike. Section 13, Indian Creek TWP, Mills County & Section 18, Garfield TWP, Montgomery County.
Details
Maps
Documents
Contract Information
Auction: No
Bank Owned?: No
Current Price: $1,650,000
Status: Closed
Listing Date: 2025-07-11
Sold Price: $1,650,000
General Property Description
Size of Land: More than 10 Acres
Lot Size: 173.3 Gross Taxable Acres
# of Acres: 173
Price/Acre: 9521
Street Frontage: 2,700'
Average Depth: 2,750'
Location, Tax & Legal
Elementary School: East Mills
Jr. High: East Mills Middle School
High School: East Mills
School District: East Mills
Legal: 173M/L Gross Taxable Acres. Section 13, Indian Creek TWP, Mills County & Section 18, Garfield TWP, Montgomery County.
Parcel No.: 09444-000-00-00-000 + Parcels Listed below
Zoning: Agricultural
Agent Equity: N
Current REIDS Yr Pd: N/A
Area: 14C
House #: 00
Street Name: 415TH
Street Suffix: Street
State/Province: IA
County: MILLS
Zip Code: 51533
Subdivision: Not Applicable
Remarks & Misc
Directions: From Oakland: go South on Hwy 59 19 miles, then go East on Hwy 34 just over ½ mile, then go North on 415th St ¼ mile.
From Glenwood: go east on Hwy 34 19 miles, then go North on 415th St ¼ mile.
From Red Oak: go west on Hwy 34 8 miles, then go North on 415th St ¼ mile.
From Emerson: go North just over ½ mile on Hwy 59, then go East on Hwy 34 just over ½ mile, then go North on 415th St ¼ mile.
Office/Member Info
Net Taxes: 6622
Tax Year: 2023
Status Change Info
Type Of Financing: Cash
Status Change Date: 2025-12-10
Under Contract Date: 2025-07-15
Sold Date: 2025-12-10
Sold Price: $1,650,000
Possession
Other: 1
Will Transfer By
Sale: 1
Terms
Cash: 1
Conventional: 1
Docs on File
Aerial Photos: 1
Soil Survey: 1
Topography Map: 1
Other - See Remarks: 1
Lot Improvements
Other - See Remarks: 1
Lot Location
Agricultural: 1
Restrict/Easements
Other - See Remarks: 1
Topography
Rolling: 1
Road Frontage
County: 1
Unimproved: 1
Road Surface
Dirt: 1
Surface Water
Stream: 1
Type of Soil
Black Dirt: 1
Clay: 1
Loam: 1
Sewer
None: 1
Water
None: 1
Utilities
None: 1
Flood Ins
Not Required: 1
Best Use
Farm: 1
Mortgage Info
Gross Taxes: $6,622
Net Taxes: $6,622
Status Info
Sold Status: MLS Member List/MLS Member Sold
REIDS Incl Sale Prc: No
Sale Price Incl Lot: Yes
Photo Certification
I own the photos or have the right to use.: Yes
Property Features
Will Transfer By: Sale
Docs on File: Aerial Photos; Soil Survey; Topography Map; Other - See Remarks
Lot Improvements: Other - See Remarks
Lot Location: Agricultural
Topography: Rolling
Road Frontage: County; Unimproved
Road Surface: Dirt
Type of Soil: Black Dirt; Clay; Loam
Sewer: None
Surface Water: Stream
Water: None
Utilities: None
Flood Ins: Not Required
Possession: Other
Best Use: Farm
Terms: Cash; Conventional
Supplements
--- Location & Access:
Situated just over ½ mile east of Hwy 59 and ¼ mile north of Hwy 34
Located northeast of Emerson
Excellent access to grain markets in every direction
--- Property Overview:
Gross Taxable Acres: 173.32
FSA Acres: 161.2
CSR2: 77.21
Terraced: 2015
Soil Types: Marshall, Shelby, Kennebec, Ackmore-Colo-Judson Complex, Judson, Exira (0-14% slopes)
(Detailed soil map available in property documents)
--- FSA & Base Acres Breakdown:
Mills County - 91.2 FSA Acres
71.70 Corn Base Acres | PLC Yield: 145
15.20 Oats Base Acres | PLC Yield: 43
Montgomery County - 70.0 FSA Acres
55.20 Corn Base Acres | PLC Yield: 145
11.70 Oats Base Acres | PLC Yield: 43
--- Tenancy & Ownership:
Current Owner and Tenant retain the 2025 crop
Open tenancy for 2026 crop year
Possession March 1, 2026
Wind Farm Easement in place (no turbines currently built)
--- Taxes & Legal:
2024 Mills County Taxes: $3,630
2023 Montgomery County Taxes: $2,992
Total Annual Taxes: $6,622
Parcel Numbers:
Mills County: 094430000000000, 094440000000000, 094450000000000, 094460000000000
Montgomery County: 240518100003000, 240518300001000
Legal Description: To be taken from abstract
Directions:
From Oakland: go South on Hwy 59 19 miles, then go East on Hwy 34 just over ½ mile, then go North on 415th St ¼ mile.
From Glenwood: go east on Hwy 34 19 miles, then go North on 415th St ¼ mile.
From Red Oak: go west on Hwy 34 8 miles, then go North on 415th St ¼ mile.
From Emerson: go North just over ½ mile on Hwy 59, then go East on Hwy 34 just over ½ mile, then go North on 415th St ¼ mile.
From Shenandoah: go North on Hwy 59 18 miles, then go East on Hwy 34 just over ½ mile, then go North on 415th St ¼ mile.
Aeriel Map 
FSA Maps 
Listing Office: Kiloterra
Last Updated: December - 10 - 2025
Information deemed reliable but not guaranteed.