Building Site on Pavement with Pond

  • $275,000
  • 55 Acres
Union County, Iowa
Sold South Central Iowa

Building Site on Pavement with Pond

Union County, Iowa
  • $275,000
  • 55 Acres

Description

This 55+/- ac farm is located just West of Lorimor, Iowa in Union County.  For those looking for a future building site, or just a huntable property with income, this tract has a lot to offer.   Features include paved road frontage, a pond, gorgeous hilltop building site, a flowing creek, annual income, and thick timber.

 

This farm lies along Loefler Creek, between several timbered fingers to the North and large blocks of timber to the South.  As you enter the SW corner of the property, you are on top of an East-West ridge overlooking Loefler Creek.  This would be a gorgeous location for a home and shop.  The terrain would provide a couple different walkout locations, while still being able to see the creek below.  Continuing North, the property opens into a large field with a secluded pond located near the center of the farm.  A timber finger connects the pond to the creek below and is one of many locations for hunting opportunities.  If you’re looking for a secluded building location, this ridge offers that possibility as well.  Heading North East from the pond, a thick section of timber drops into the creek bottom.  Several deer beds, trails, and large rub are scattered throughout this section, which is adjacent to a 7 acre bottom field, perfect for a secluded food plot.  110th Street connects on the NE corner of the property creating a secondary access for hunting multiple wind directions.

 

Approximately 38 acres of the property are considered FSA Tillable, and have a 54.3 CSR2.  The owner will rent back the tillable at $150/acre, yielding a $5,700 annual income for the new owner (pro-rated to closing).  This will go a long way to cover the taxes and pay for food plots.

 

If this sounds like a farm you would be interested in learning more about, contact Land Broker Chuck Johnson for more details (515) 442-7709

 

Features Include:

  • Gorgeous Building Site, with walkout potential, overlooking creek below
  • Utilities at the Road
  • Paved road Frontage (REA Rd)
  • 35 miles from I-80 in Desoto, Iowa, Commuting Distance to Des Moines
  • Secluded Pond
  • Loefler Creek connects timber for miles in either direction
  • 2 Access points for hunting multiple wind directions
  • Taxes (estimated): $860
  • 38 ac Rented at $150/ac = $5,700 Income

 

Survey:

Property will be surveyed prior to closing, and price adjusted to reflect exact surveyed acres.  Maps provided for intended boundary locations.

 

Legal:

A parcel of land, containing 55+/- ac located in E 1/2 of NE 1/4 12-73-29; exact legal will be taken from abstract.

 

Directions:

From Des Moines: Follow I-35 S to IA-92 W. Take exit 56 from I-35 S 15 min (16.4 mi) Turn right onto IA-92 W 18 min (15.0 mi) Continue onto US-169 S 15 min (14.1 mi) In Lorimor, Turn right onto 5th St 0.6 mi Continue onto Rea Rd 2.6 mi Turn right onto Rea Rd/Strawberry Ln 0.5 mi Turn left to stay on Rea Rd and Travel 0.8 miles. Property is on the North Side of the Road.

Property Documents

Overview

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Chuck Johnson
  • Chuck Johnson