Income Farm in Southern Iowa

  • $1,075,000
Wayne County, Iowa
Pending Sale South Central Iowa

Income Farm in Southern Iowa

Wayne County, Iowa
  • $1,075,000

Description

 

 

Now is your chance to purchase a highly tillable income producing farm in Southern Iowa with deer hunting opportunity. KILOTERRA is  excited to present this 199.6 acre m/l investment farm in Wayne County, IA. This farm consists of 183.99 FSA Farmland acres, of which 24.14 Acres are enrolled in CRP paying $3,035 per year. The West side of this farm is a 78 Acre tract with a 1 acre pond and the East farm is 121.61 acre tract mostly tillable tract with timber draws. This farm is not only a great investment farm, but there is ample hunting opportunity as well with timbered draws and CRP throughout that will hold deer year round. These farms are located on pavement and very accessible for farm equipment as well as couple different locations for building a country home.

18.9 CRP Acres are paying $144.22/acre or $2,726.00 Annually and expire in 2030. 5.23 CRP Acres are paying $59/acre or $309.00 Annually expiring in 2030. 160 m/l FSA Cropland Acres – Currently being rented at $150/acre. Farmer open to continue farming for 2022 if desired. Tenant Rights open for 2022 Farm Year

 

Directions:

From Humeston, IA drive South on HWY 65 for 4.8 Miles. The properties will be on the West and East sides of HWY 65

Property Documents

Lusk_East 122_FSA Map
Lusk_East 122_Soil Map
Lusk_West 80_FSA Map
Lusk_West 80_Soil Map

Details

  • Property ID: WC200
  • Price: $1,075,000
  • Property Size: 200 Acres
  • Property Type: Farms & Ranches
  • Property Status: Pending Sale
  • Address 65 Highway humeston
  • County Wayne County
  • State Iowa
  • Zip/Postal Code 50123

Overview

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