Appanoose County, IA
160.00 Acres M/L

Iowa Highway 5
Centerville, IA 52544
Listing #17215



Property Info


Rare opportunity to own property along Iowa Highway 5 just south of Centerville, Iowa. Peoples Company is pleased to offer 160 total acres m/l in Appanoose County with various attributes featuring future development, agricultural, and recreational opportunities.

The farm has 108.36 acres m/l currently in row crop production carrying a CSR2 of 49.6. Primary soil types include Seymour and Edina silt loams, ranging from 0-5% slopes. There are 15 acres m/l being hayed that have been left for recreational purposes and could be converted to crops with minimal effort. A wetland determination has been completed on the farm and has been deemed "prior converted" or PC which would allow for the current drainage tile to be maintained and new drainage tile to be installed on the farm without any restrictions. The farm lease is available for the 2024 crop season (Contact agent for details).

Utilities, including water; sewer; and electricity, have already been run to the property allowing for commercial and residential development. Electric service is provided through Alliant Energy and rural water is serviced through Rathbun Rural Water and Centerville City Water. If you are an avid outdoorsman, this property has created exceptional hunting opportunities to harvest trophy whitetail deer, turkey, upland game birds, and waterfowl. The recreational aspect could be enhanced by furthering the trail system throughout the property. 

The property also features a 30’ x 40’ steel utility building with concrete floors and two stocked ponds where you will catch Largemouth Bass, Crappie, and Bluegill. The City of Centerville has a permanent easement allowing access to their lift station located on the property (See Attached Easement). The property is located in Section 18 of Vermillion Township just minutes away from Centerville, Iowa.

Take advantage of this premier location with unlimited possibilities. Please contact one of the listing agents for a showing or more information regarding the property.

Legal Description

160 acres m/l in Section 18 of Vermillion Township in Appanoose County, Iowa. Exact legal description to be taken from Abstract. 


From Centerville, Iowa: Travel south out of Centerville, IA on Iowa Highway 5 for 2 miles and the property will be located on the left (east) side of Iowa Highway 5, marked with a Peoples Company sign. 
  • Sign On Property: Yes
  • MLS Number: 684448
  • Parcel Number: 290251000311000, 290251000320000, 290251010781000, 290251010780000, 290251008321000
  • School District: Centerville Community School District
  • General Area: South of Centerville, Iowa
  • Net Taxes: $2,358.00
  • CSR2: 49.60
  • Possession: At Closing, Subject to Tenant's Rights
  • Terms: Cash or Conventional Financing


- Rural Water is available on the east side of Iowa Highway 5
- Centerville City Water & Sewer
- Alliant Energy electric service
- 30' x 40' Steel Utility Building
- Two stocked and well-maintained ponds 

Additional Info

The Seller is willing to divide the property into separate parcels, please contact the agent for details. 

Interactive Map

Use the Interactive Map to explore the property's regional location. Zoom in and out to see the property's surroundings and toggle various mapping layers on and off in the Map Layer Menu.


Listing Photo Listing Photo Listing Photo Listing Photo Listing Photo Listing Photo Listing Photo Listing Photo Listing Photo Listing Photo Listing Photo Listing Photo Listing Photo Listing Photo