250th Street & US Highway 169
Mount Ayr, Iowa
Rare Opportunity. Two landowners have joined together to offer a chance to purchase 140-Acres m/l of beautiful Southern Iowa mixed-use property to the right buyer for $599,000. One owner is now offering to combine 2 - 20-acre tracts currently listed at $209,000 with the adjoining neighbor's 100-Acres m/l which will be listed at $390,000 to provide the absolute perfect hunters paradise.
These properties combined have an excellent source of income between CRP and row crop with beautiful hardwood timbers and many draws making this the perfect getaway retreat. The existing 2 - 20 acres parcels each have 15 -acres m/l currently enrolled in the CRP and generates income of $6,542 with annual real estate taxes of $571/Year.
The additional 100-Acres m/l of adjoining land consists of 35.42 acres currently enrolled in the CRP and generates income of $8,295. It also has another 31-acres of row crop currently generating $6,045 with an additional 8-acres that could be hayed with the remainder in timber, creeks and a pond. This offers an annual income on the 100-Acres m/l of $14,340 with annual real estate taxes of $1,512/Year.
With total income for the entire 140-Acres m/l of $20,880 and annual Real Estate Taxes of $2,083 this property generates a return on your investment while providing an opportunity to enjoy the great outdoors and wildlife galore.
This property is private and secluded on a gravel road with minimal traffic and only one mile from US Highway 169. These tracts combined have timber with several hardwood trees and also has a beautiful view allowing an opportunity to build your dream home or just a getaway retreat. Properties like this are in Extreme High Demand so don't hesitate - contact us today to view this property and make this yours before it slips away.
Please note the wooded 20-acre parcel between the 2-20-Acre parcels was sold, but is now for sale again if it is of interest. Listed at $115,000 it has approximately 7-acres enrolled in the CRP earning approximately $1,318/Year, this property generates a return on your investment while providing an opportunity to enjoy the great outdoors and wildlife galore. If you include this middle piece it would make the entire property 160-Acres that is available. See website for additional information on this parcel.
Boundary lines are approximate
Currently no onsite utilities but they are nearby
Map Coordinates 40.682630 Latitude, -94.260642 Longitude
Ringgold County, Iowa Rice Township, Section 13
Directions Go south on US Hwy 169 out of Mount Ayr approx. 2 miles to 250th Street. Turn east on 250th Street and go 1 mile. Farm is located on North side of road.
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