Wayne County, IA
199.00 Acres M/L

1670 Vale Road
Humeston, IA 50123
Listing #13854


$750,000

Property Info

Description

Peoples Company is offering 199 Acres M/L of income producing and recreational Wayne County farmland.  Located just a few miles north and east of Humeston, Iowa, this outstanding farm has a lot of potential.  With the CRP and the timbered draws, the hunting in this area for deer, turkeys and pheasants is perfect with the thick cover and bedding across this farm.  This farm has 173.18 FSA total cropland acres of which there are two separate CRP contracts.  The first contract has 59.9 acres of CP-1 paying $8135 per year expiring in 2022.  The second contract has 62.4 acres of CP-1 paying $11,328 per year expiring in 2023.  There is an estimated 52 acres m/l that is currently in productive alfalfa hay ground with the potential to be row-cropped.  This property also has a 1984 Champion 24x48 double-wide home and a nice 42x80 Morton building with 14’ eaves and double 10’ sliding doors on both ends that was built new just a few years ago.  Couple all of the income together with this property and the return per year is very attractive.  Make plans and take a look today!

Legal Description

Located in Section 6 of Washington Township T-70-N R-22-W, Wayne County, Iowa.  Exact legal to be taken from abstract.

Details

173.18 FSA Acres
97.6 acres enrolled into 2 CRP contracts
59.9 acres CP-1 expiring in 2022 paying $8135 annually
62.4 acres CP-1 expiring in 2023 paying $11,328 annually
52.7 acres m/l currently in alfalfa with potential for tillable acres

Directions

Address to farm is 1670 Vale Road, Humeston, Iowa 50123.  Beginning in Humeston, Iowa, travel north on Highway 65 approximately 1 mile to Vale Road.  Travel East on Vale Road approximately 3.5 miles to farm located along north side of Vale Road.  Watch for Peoples Company signage.

  • Sign On Property: Yes
  • School District: Mormon Trail CSD
  • General Area: North and East of Humeston, Iowa
  • Net Taxes: $2,462.00
  • CSR2: 53.00
  • Possession: At Closing
  • Terms: Conventional, Cash

Improvements

1984 Champion 24’ x 48’ Double Wide Home with 3 bedrooms
42’ x 80’ Morton Building with 14’ eaves
Pond


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Video

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Photos

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