Monroe County, IA

555th Trail
Melrose, IA 52569

133 Acres M/L
Price: $432,250 Price Per Acre: $3,250

Listing #: 14401

Agents

PROPERTY INFO

Description

Tremendous opportunity to own an excellent hunting farm with good income in Monroe County, Iowa. This 133 m/l acre farm features 41.65 acres of CRP, 24 acres of hay ground, multiple food plots, stocked 1 acre pond, steel utility building, RV hookup site, and cabin with electric and water.  The CRP pays $190.57/acre for a total of $7937/year till 2027. Total income on the farm will be around $10,000-$11,000 per year depending on income received from the 50/50 hay crop share lease. The sellers have done many projects to improve this farm including improving the 5 access driveways, building and stocking the deep 1 acre pond, establishing food plots and deer stand locations, and improving the hardwood timber quality by doing 28.3 acres of timber stand improvement work. This is a premium move-in-shape deer and turkey hunting farm with food plots and deer stands setup in strategic locations. This farm is located in a top-notch hunting neighborhood surrounded by 1000’s of acres of managed hunting land.

Legal Description

133 m/l acres in Sections 14 and 23, Township 72N, Range 19W Monroe County, Iowa

Exact legal to be taken from the abstract

  • MLS Number: 573953
  • Parcel Number: 060414015000000, 060414016001000, 060414017000000, 060423001000000, 060414014001000
  • School District: Albia Schools
  • General Area: Melrose
  • Net Taxes: $1,472.00
  • CSR2: 48.20
  • Possession: At Closing
  • Terms: Cash

Directions

From Albia, Iowa head west on Highway 34 for 9.25 miles, head north on trail 555 for 2 miles. Farm will be on the east side of the road.  

Improvements

41.65 acres of CRP paying $190.57/acre for a total payment of $7,937/year till 9/30/2027

24.74 of tillable/hay acres with average CSR2 of 69.9

 

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