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Listed by Luke Nissen Hawkeye Farm Mgmt & Real Estat
$1,020,000
Est. payment /mo
120 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID NOC6338897
Style Other
Annual Tax Amount $3,927
Tax Year 2025
Lot Size 120.000 Acres
Acres 120.0
Property Description
Located on the Northeast edge of Kimballton, Iowa, this 120 +/- acre farm offers an outstanding combination of income production, future agricultural potential, and recreational appeal in the scenic rolling hills of Western Iowa. This Southwest Audubon County farmland features a mix of level creek bottom ground and gently rolling terrain, creating both visual appeal and practical usability. Currently, 73.58 acres are enrolled in three separate CRP contracts generating a strong annual income of $23,639, with all contracts expiring September 30, 2027. At the asking price, the farm offers an attractive 2.31% return on investment through the existing CRP income. The income-producing acres carry a very strong 67.9 CSR2 average, presenting an excellent opportunity for future conversion back into row crop production and contour farming. In addition to the income and farming potential, the property offers excellent recreational characteristics with a winding creek, timbered draws, and natural wildlife habitat that create quality hunting opportunities. Two-sided highway road frontage also presents the opportunity for ideal future building possibilities. Productive farmland combined with attractive topography and recreational appeal make this a well-rounded investment opportunity in a highly desired farm country of Western Iowa.
Location
State IA
County Audubon
Zoning Agriculture
Direction From Kimballton, IA head East on HWY 44. Continue East for ¼ mile property is located on the left hand side of the road.
Interior
Fireplace No
Exterior
View Y/N true
Building
Architectural Style Other
Others
Acceptable Financing NOC6338897
Listing Terms NOC6338897
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United Country Midwest Lifestyle Properties
. | License ID: 76296
. License ID: 76296