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Listed by Garret Armstrong Whitetail Properties Real Estate, LLC
$995,000
Est. payment /mo
160 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NOC6335712
Style Other
Annual Tax Amount $3,832
Tax Year 2024
Lot Size 160.000 Acres
Acres 160.0
Lot Dimensions 6,969,600 square feet
Property Description
Look no further than this diverse, multi-use farm in Southwest Iowa. This well-balanced property offers something for nearly every buyer - strong income, quality hunting, productive pasture and excellent building sites for your dream home or getaway. A well-maintained gravel road borders the north and east sides, providing year-round access. Three established entrances allow convenient access to multiple portions of the farm - whether you're running cattle, farming row crop acres, maintaining CRP ground, or slipping into strategic hunting setups. The farm features 67.68 acres enrolled in the Conservation Reserve Program. -28.96 acres in CP-1 and CP-2 through 2034 paying $6,978 annually -38.72 acres in CP-1 through 2035 paying $7,831 annually Additionally, there are 10.65± acres currently in row crop production. Cash rent on the tillable was $200/AC or $2,140 annually. The pasture could be rented for up to $6,275 per year. Combined cash rent from the tillable and pasture ground generates approximately $8,415 annually, bringing the total annual property income to $23,224. The remaining 78.45± acres are fenced pasture, currently utilized as a single paddock. A corral near the entrance provides convenient loading and unloading. Two ponds offer reliable water sources for livestock. Notably, 26.81 acres of the pasture are registered with FSA as crop acres, offering potential for conversion to additional tillable ground if desired.
Location
State IA
County Montgomery
Zoning Agriculture
Direction ...
Interior
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Water Available
View Y/N true
Topography Rolling
Improvements Fence
Building
Architectural Style Other
Others
Acceptable Financing NOC6335712
Listing Terms NOC6335712
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United Country Midwest Lifestyle Properties
. | License ID: 76296
. License ID: 76296