New Listing

Guthrie County, IA
159.10 Acres M/L

2978 Ranch Trail
Menlo, IA 50164

Price	$1,380,000
Listing	#19839

Land Agent

Brandon Tessau

Office: 855.800.LAND
Mobile: 515.850.8179
Brandon.Tessau@PeoplesCompany.com

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Land Agent

Kolt Kiburz

Office: 855.800.LAND
Mobile: 515.468.5035
Kolt@PeoplesCompany.com

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Property Info

Description

Peoples Company is pleased to present 159.10 acres m/l located just north of Menlo, Iowa, in Guthrie County. This property offers an attractive combination of recreational opportunities, established income, agricultural acres, and a residence - creating a rare opportunity to own a diverse tract with an easy commute from the Des Moines Metro. The farm features two established food plots that provide additional food sources for wildlife and enhance the overall hunting setup.

The farm features 116.34 DCP Cropland Acres with 74.59 acres enrolled in the Conservation Reserve Program (CRP), generating $14,892 in annual income. This provides an immediate revenue stream to help offset ownership costs while also creating outstanding wildlife habitat. An additional 22 acres m/l are currently in row crop production and cash rented for $4,000 annually. The combination of CRP, cropland, timber, and rolling terrain creates excellent habitat diversity and provides strong hunting and recreational potential.

Adding another dimension to the offering is an existing home that could serve as a primary residence, weekend retreat, or hunting lodge. The home is a highly improved farmhouse that has benefited from several significant updates. These updates include a new foundation, a new walkout basement addition with 9-foot ceilings, new underground water and electric lines from the road, a new deck with timber tech decking and white aluminum railings, 200-AMP electrical service, and a new HVAC system. The basement has been sprayed with spray in foam insulation and has been roughed for two full bathrooms. The unfinished walkout basement provides valuable additional space and gives the next owner a blank canvas to finish how they desire.

In addition to the home, the property includes a 40' x 60' utility shop with a concrete floor and new 14-foot doors, providing excellent space for equipment, vehicles, storage, hobbies, or a workshop. There is new underground power to the building.

With 159.10 acres m/l, nearly 75 acres of income-producing CRP, additional cropland, diverse wildlife habitat, and an improved residence, this Guthrie County property brings together income, recreation, and country living in one complete package.

*Guthrie County REC is the electric provider*
*Xenia Rural Water is the rural water provider*

Legal Description

Exact legal description to be taken from Abstract.

Directions

From Menlo, Iowa: Head west out of town to Ranch Trail/County Highway P20. Turn right (north) onto Ranch Trail/County Highway P20 and continue north for 4.8 miles. The property will be to the right (east). Look for the Peoples Company sign.

Improvements

- New Foundation
- New 9 ft Walkout Basement
- New Water and Electric Lines from the Road to the Home
- New HVAC System
- Electric Heat
- New Deck
- 200 AMP Service
- New Underground Power to the Morton Building
- New 14 ft Door(s) on the Morton Building

Appliances

All appliances will stay on the property.

Sign On Property: Yes
Parcel Number: 0000150101, 0000150102, 0000150200, 0000150300, 0000150400
School District: West Central Valley School District
General Area: Menlo
Net Taxes: $4,142.00
Water: Xenia Water
Zoning: A-Agriculture/AD-Agriculture Dwelling
Bedrooms: 3
Full Bathrooms: 1
Stories: 2
Year Built: 1900
Heating: Electric
Living Area Square Feet: 1,584

Interactive Map

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