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$645,000
Est. payment /mo
99.96 Acres Lot
UPDATED:
09/30/2024 10:04 PM
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 698102
HOA Y/N No
Annual Tax Amount $3,404
Lot Size 99.960 Acres
Acres 99.96
Property Description
Pleased to present 99.96 acres m/l located in Clarke County, IA just East of Osceola, IA. The property consists of an estimated 78.85 Cropland acres with a weighted average CSR2 of 46.0. The primary soil types include Clarinda silty clay loam and Arispe silty clay loam with moderate slopes. 74.45 of the cropland acres are currently enrolled in the Conservation Reserve Program (CRP) with an annual rental rate per acre of $222.18. The total annual income of the CRP contract totals $16,541. The CRP contract expires in September of 2026. Fields are planted with a variety of grasses, legumes, and forbs providing improved water quality, reduced soil erosion, and habitat creation for a host of wildlife including a healthy population of pheasants and quail.
The property also includes a 1,428 square foot 1 1/2 story farmhouse built in 1920. The home offers 5 bedrooms, 1 full bathroom, and one 3/4 bathroom as well as several historic outbuildings and a newer Morton Building. With very little improvement, this home could be brought back to its original glory with its turn of the century style of woodworking and trim. A dream restoration project or simply another revenue stream of rental income for the investor buyer.
Improvements: 30 X 36 Morton Building
78.85 Cropland Acres
74.45 CRP Acres CP1 paying $222.18 per acre expiring 9/30/2026
34.20 Corn Base Acres with a PLC yield of 98
The property also includes a 1,428 square foot 1 1/2 story farmhouse built in 1920. The home offers 5 bedrooms, 1 full bathroom, and one 3/4 bathroom as well as several historic outbuildings and a newer Morton Building. With very little improvement, this home could be brought back to its original glory with its turn of the century style of woodworking and trim. A dream restoration project or simply another revenue stream of rental income for the investor buyer.
Improvements: 30 X 36 Morton Building
78.85 Cropland Acres
74.45 CRP Acres CP1 paying $222.18 per acre expiring 9/30/2026
34.20 Corn Base Acres with a PLC yield of 98
Location
State IA
County Clarke
Area Woodburn
Zoning Ag
Interior
Fireplace No
Exterior
Utilities Available Electricity Available
Private Pool No
Building
Sewer Septic Tank
Water Rural
Schools
School District Clarke Community
Others
Tax ID 03503
Monthly Total Fees $283
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Peoples Company
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