Adams County, IA
110.06 Acres M/L

Elm Avenue
Corning, IA 50841
Listing #17139

Sold

$544,797

Property Info

Description

Peoples Company is pleased to offer this 110.06 acre combination farm with tillable acres, CRP, creek bottoms, and heavy, south-facing timber in Adams County, Iowa. This farm is located just west of Corning and south of Carbon on Elm Avenue. The property offers a new owner the opportunity to purchase a mixed-use tract that would be ideal for farming, hunting, and building a home.

There are an estimated 68.69 FSA tillable acres, carrying a CSR2 value of 54.2. Of the FSA tillable acres, 13.04 are actively being row-cropped on a corn/bean rotation. There are a total of 26.41 acres enrolled into two separate CRP contracts, with a total annual payment of $5,893.52 (see contract breakdown in the Farm Details section below). The additional tillable acres could either be put into hay, food plots, row cropped, or eventually, put into CRP. The farm lease has been terminated and the row crop acres are open for the 2024 crop season.

The farm features excellent hunting and recreational opportunities for the investment minded outdoorsman. Heavy, hardwood timber on the west side of the farm allows a hunter to access the farm with ease, and without spooking game. The property holds a large amount of whitetail, turkey, pheasant, and other game. Multiple food plot locations with secluded access would be ideal for hunting predominant winds in the fall. The creek bottom that runs north to south and connects bigger blocks of timber provides multiple stand locations for hunting rutting bucks in late October through mid-November. The turkey hunting on this farm is stellar, with big blocks of timber and roost trees overlooking the current ag fields on the farm.

This farm is located in Section 23 of Douglas Township in Adams County, Iowa. Please contact one of the Listing Agents for more details regarding this offering!

Legal Description

The Southeast Quarter except the South 10 Acres in the Southeast Quarter of the Southeast Quarter and the Southeast Quarter of the Northeast Quarter West of the Highway in Section 23, all in Township 72 North, Range 35 West of the 5th P.M., Adams County, Iowa EXCEPT Parcel "A" part of the Southeast Quarter of Section 23, Township 72 North, Range 35 West of the 5th P.M., Adams County, Iowa, according to the Plat at Survey filed at Book 2023 Page 635 in the Office of the Adams County Recorder. Exact legal description to be taken from Abstract.

Details

CRP Acres Information:
10.68 acres, CP21 paying $1,368.00 annually ($129.98/acre) through 2032
15.73 acres, CP38E-25 paying $4,525.52 annually ($287.70/acre) through 2032

Directions

From Corning, Iowa: Head west out of town on Highway H34 / 210th Street for 5.2 miles. Turn right onto Elm Avenue and continue north for 1.1 miles. The property will be on the west side of Elm Avenue.

From Carbon, Iowa: Head south out of town on Elm Avenue. Travel south for 2 miles. The property will be on the west side of Elm Avenue.

  • Sign On Property: Yes
  • MLS Number: 682620
  • Parcel Number: 8211100, 8212100, 8215100, Portion of 8214100, Portion of 8213100
  • School District: Corning
  • General Area: Corning
  • Net Taxes: $1,947.27
  • CSR2: 54.20
  • Possession: At Closing
  • Terms: Cash or Conventional

Covenants

None

Additional Info

*The Seller of this property holds an active real estate license in the State of Iowa*

*The Listing Agent has a financial interest in the sale of this property*


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Photos

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