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0000 277th Street

Lineville, IA 50147
  • $1,346,875
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 696567
UPDATED: 120 min ago
$1,346,875
  • 0
    BEDS
  • 215.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Type:
Vacant Land / Lots
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Area:

School Ratings & Info

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Description

This 215 m/l acre farm in Decatur County, southern Iowa, is a rare find, being on the market for the first time in over 25 years. The property offers a unique blend of income-generating opportunities and recreational benefits, making it an attractive investment for both farmers and outdoor enthusiasts. There is also a barn that has been restored with new metal installed that could be finished inside for a nice cabin or lodge. Power and water at the road. The farm generates a significant annual income, with nearly $9,000 coming from Conservation Reserve Program (CRP) payments. These payments are secure, with most of the contracts set to expire in 2032. Additionally, the farm includes 80 acres of pasture ground, which brings in another $5,600 annually. Together, these income sources provide a steady yearly income of approximately $14,600. Beyond its financial benefits, this farm is a paradise for hunters and nature lovers. The 55 acres of timber on the property offer outstanding deer and turkey hunting opportunities. The cows are always taken off the pasture by September, ensuring that the deer hunting season is undisturbed, allowing for optimal hunting conditions. The property also features five ponds, adding to its scenic beauty and enhancing its appeal as a recreational retreat. All information obtained from Seller and public records.

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© 2024 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Kooyman Real Estate Team | Coldwell Banker Mid-America. Data last updated: 2024-07-13T11:22:30.093.
www.kooymanrealestateteam.com/homes/151306918
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0000 277th Street Lineville, IA 50147

  • Price: $1,346,875
  • Status: Active
  • On Site: 38 Days
  • Updated: 120 min ago
  • MLS #: 696567
0
Beds
0
Baths
0
½ Baths
215.5
Acres
Neighborhood:
Lynnville
County:
Decatur
Area:
Lynnville
School District:
Waco Csd
Property Description
This 215 m/l acre farm in Decatur County, southern Iowa, is a rare find, being on the market for the first time in over 25 years. The property offers a unique blend of income-generating opportunities and recreational benefits, making it an attractive investment for both farmers and outdoor enthusiasts. There is also a barn that has been restored with new metal installed that could be finished inside for a nice cabin or lodge. Power and water at the road. The farm generates a significant annual income, with nearly $9,000 coming from Conservation Reserve Program (CRP) payments. These payments are secure, with most of the contracts set to expire in 2032. Additionally, the farm includes 80 acres of pasture ground, which brings in another $5,600 annually. Together, these income sources provide a steady yearly income of approximately $14,600. Beyond its financial benefits, this farm is a paradise for hunters and nature lovers. The 55 acres of timber on the property offer outstanding deer and turkey hunting opportunities. The cows are always taken off the pasture by September, ensuring that the deer hunting season is undisturbed, allowing for optimal hunting conditions. The property also features five ponds, adding to its scenic beauty and enhancing its appeal as a recreational retreat. All information obtained from Seller and public records.
Exterior Features

Road Surface Type Asphalt Concrete

Property Features

Lease Considered YN No Listing Terms Cash Conventional Lot Features Irregular Lot Tax Annual Amount 2362 Utilities Electricity Available Zoning A

Listing provided courtesy of RE/MAX Precision: (515) 223-9492. © 2024 Des Moines Multiple Listing Service.
© 2024 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Kooyman Real Estate Team | Coldwell Banker Mid-America. Data last updated: 2024-07-13T11:22:30.093.
 
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