Warren County, IA
21.40 Acres M/L

Roosevelt Street |
Indianola, IA 50125 |
Listing #16381

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$200,000

Property Info

Description

Peoples Company is pleased to bring to you this 21.4-acre m/l building site/recreational getaway located 8.5 miles southwest of Indianola, Iowa. The farm is currently enrolled in two separate CRP contracts. Today 13.8 acres are enrolled in CP2 until 10/01/23 at $191.38 per acre and 6.3 acres enrolled are enrolled in a new CP2 contract until 09/30/32 at $158.13 per acre for a total annual income of $3,637. There is plenty of deer, turkey, and upland game that call this property home and the bonus of a nice income stream makes this parcel super attractive. Utilities are provided by Clarke County electric services and Warren County Rural Water. Rural Water is east of the property 1,000 feet. There is an additional acres m/l (listing #16380) lying just to the west where you can build your dream home and leave these 21.4 acres as a hunting paradise with CRP income!

Legal Description

Parcel M, plus to be surveyed 7.55 acres of the NE 1/4 of the SW 1/4 all in Section 3 Township 74N Range 24W. Exact legal description to be taken from Abstract.

Details

6.3 Acres of CRP in CP2 paying $158.13 per acre or $996.21 annually until September 30th, 2022. The seller is in the process of renewing this contract.

13.8 Acres of CRP in CP2 paying $191.38 per acre or $2,641 annually until September 30th, 2023.

Directions

From the intersection of Highway 65 and Highway 92, in Indianola, IA, head south on Highway 65. After roughly 8.5 miles turn right heading west onto Ray St. Continue 1 mile where the road bends south again onto 108th Place. In roughly 0.75 miles, the road will bend back to Roosevelt St. The listing will be on the right-hand side in just over 0.25 miles.

Sign On Property: Yes
MLS Number: 659430
Parcel Number: 23000030683, 23000030620
School District: Interstate 35 Schools
General Area: South of Lake Ahquabi
Net Taxes: $313.26
Possession: At Closing
Terms: Cash, Conventional

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