118th Avenue, Ottumwa, IA 52501
118th Avenue, Ottumwa, IA 52501
118th Avenue, Ottumwa, IA 52501
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United Country Midwest Lifestyle Properties

United Country Midwest Lifestyle Properties

+1(608) 399-1013
Listed by Amy McDermott Growthland Realty
$793,000
Est. payment /mo
122 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID NOC6344239

Style Other

Annual Tax Amount $2,872

Tax Year 2024

Lot Size 122.000 Acres

Acres 122.0

Property Description

This 122 acre Wapello County farm offers dependable CRP income. FSA acres: 124.79. Cropland acres: 107.94. CRP acres: 72.12. CSP acres: 35.82. The CSP acres may be terminated and returned to production for the 2027 crop season. The average CSR2 across the cropland acres is 51.9. CRP contracts: 11915, 8.68 acres, $1,840.00 annual payment; 11603 expires 09/30/2031, 44.11 acres, $10,844.00 annual payment; 11959 expires 09/30/2036, 19.33 acres, $5,057.00 annual payment. Total 72.12 acres, $17,741.00 per year, pending FSA reconstitution. Whether you're looking to expand your farming operation or add to your investment portfolio, this property is an excellent opportunity. Tract acres pending FSA reconstitution and survey.

Location

State IA

County Wapello

Zoning Agriculture

Direction From the Highway 163 and Highway 149 intersection North of Ottumwa, go 1/2 mile North to Highland Center Road, then East 1.25 miles to 118th Avenue, then North 3/4 mile. East border is 118th Avenue.

Interior

Fireplace No

Exterior

View Y/N true

Building

Architectural Style Other

Schools

School District 5049 - Ottumwa

Others

Acceptable Financing NOC6344239

Listing Terms NOC6344239


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United Country Midwest Lifestyle Properties

United Country Midwest Lifestyle Properties

+1(608) 399-1013

. License ID: 76296

. License ID: 76296

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