The StopulosTeam
Description
Income Producing Farm with CRP, Row Crop & Recreational Appeal ? SE of Centerville. Located just 1.7 miles east of Hwy 5 and Walmart on the southeast side of Centerville, this 108-acre tract offers a strong mix of income, productive soils, and hunting potential in a proven area of Appanoose County. The farm includes 29.28 acres enrolled in CRP paying $4,316 annually through 2035 and an additional 15.42 acres paying $1,971 annually through 2027. There are 42 acres of cash rented crop ground generating $8,300 annually. Total annual income is $14,587. The open acres carry a 48 CSR2 average, with the crop acres averaging 55 CSR2, providing solid productivity for southern Iowa. The crop lease is in place for immediate return. The balance of the property consists of timber, draws, and natural drainage that create strong wildlife travel corridors. The established CRP adds bedding cover, and with a pond in place and two access points off a gravel road, the farm lays out well for both hunting and long-term investment. Utilities and rural water are available at the road, offering flexibility for future plans if desired. This is a well-balanced 108-acre tract that offers income today and flexibility moving forward. Whether you're looking to add to an existing land portfolio or secure a southern Iowa farm with long-term potential, this one is worth a serious look.
Property Highlights
Property Type: Land - Farm
Total Acres: 108.00 Acres
Zoning: Agriculture
General Information
County: Appanoose
Listed By:
Hawkeye Farm Mgmt & Real Estat
641-932-7796
No Coast MLS
MLS ID: 6336266
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Dewey Road, Centerville, IA 52544.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $615,600 | $615,600 | $615,600 |
| Down Payment | $123,120 | $21,546 | $153,900 |
| Monthly Mortgage Amount | $2,874 | $3,527 | $3,742 |
| Taxes | $857 | $857 | $857 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $271 | $0 |
| Monthly Estimated Total | $3,911 | $4,835 | $4,779 |
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.” Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.
Listings courtesy of No Coast MLS as distributed by MLS GRID.
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