$124,250
$124,250
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35.5 Acres Lot
SOLD DATE : 02/09/2022
Key Details
Sold Price $124,250
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 613992
Sold Date 02/09/22
HOA Y/N No
Annual Tax Amount $630
Lot Size 35.500 Acres
Acres 35.5
Property Description
This flat and fertile 35.5+/- acre farm is a great long term investment and provides numerous recreational opportunities.
34.38 acres are currently enrolled in a CRP program for $158/acre until 9/30/2029 ($5432/year), yielding over a 4% Annual Return. Once the CRP program has expired, you can expect high yields from tillable acres, with a CSR2 61.5.
This area is know for producing big whitetails and this farm has great bedding habitat. With the heavy timber on the surrounding property there is no doubt deer frequent this tract. The native grasses on this farm, combined with the adjacent crops, provides ideal habitat for the pheasant population too.
Key Features Include:
*35.5 FSA Tillable Acres
*CSR2 of 61.5
*34.38 acres enrolled in CRP for $158/ acre expiring on 9/30/2029, totaling $5432 of income per year
*Great pheasant hunting, with other recreational opportunities
Location
State IA
County Union
Area Thayer
Zoning Ag
Interior
Fireplace No
Exterior
Utilities Available Electricity Available
Private Pool No
Building
Water Rural
Others
Tax ID 1236200003
Monthly Total Fees $52
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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