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Address
Landproz Real Estate LLC
111 East Clark Street
Albert Lea, MN 56007
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507-373-5660
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#1678 Farm

new listing
Acres:
315
County:
Wayne County
State:
IA
Price:
$1,323,000 or $4,200/acre
Directions
315 acres +/-
Wayne County, IA
Price: $1,323,000 or $4,200/acre

Property Description

These 315 acres located in Wayne county consists of 248 acres of productive row crop and two large wooded draws. Farm has a newly built machine shed with water, power and automatic overhead doors. A 25,000-bushel grain bin in the SW corner gives you crop storage or additional income from bin rental.  Approximately $80k in improvements from terraces and tile have been done to the property over the last few years. Great access from 7 different points. Farm is bordered by pavement to the south and gravel on the east and west. This is a great rate of return farm with some recreational benefits. For more information or a private showing please contact Glen Salow at 515.494.5560.

Property Features

• 248 acres of tillable renting for $200.00 per acre.

• $4100.00 income from Bin rental

• $5600.00 Income from hunting lease

• Approximate total farm income $59,300.00

• Corn base 170.2

• CSR2 of row crop acres of 40.9

• Farm is open for the 2019 farming season

• 40’ by 60’ machine shed built in 2008 with water, power, partial concrete floors and automatic overhead doors.

• Excellent access from 7 different points off road

• Farm is bordered by pavement to the south, gravel to the East and West

• Several improvements have been done to the farm in recent years, including terraces, tile and waterways

• Wooded draws with several mature trees

• High abundance of wildlife including deer and turkeys

• One fully stocked pond 

• Annual taxes are $3558.00

• Farm is located just East of Confidence or 15 minutes NE of Corydon.

For more information please contact Glen Salow at 515.494.5560

 

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