00 120th Street Pending

Other,IA 51055

$ 280000

0 Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 709895

Annual Tax Amount $1,320

Lot Size 39.240 Acres

Property Description

Pleased to present 39.24 surveyed acres m/l of Monona County farmland located south of Sloan, Iowa. This farm combines recreational potential with productive, tillable acres and would make for a great add-on unit to an existing farm operation or provide an excellent entry-level investment for those looking to access the land ownership market. Affordable and income-producing, this farm includes 37.98 FSA cropland acres carrying a CSR2 soil rating of 62.3, of which, 28.87 acres m/l are currently tillable. There are 9.11 CRP enrolled acres, producing a payment of $232.88 per acre or $2,122 annually. The CRP acres are contracted through 2031 and nicely pair western Iowa hunting opportunities with a guaranteed annual income.

Property is accessed via a 33-foot-wide easement extending from the north from 120th Street to the northwest corner of the property. See easement survey document in listing attachments for details. The property is located within McCandless Main Drainage District and requires an average annual drainage levy of approximately $338. No additional major drainage projects are currently planned for the district.

Property is located just 1 mile from paved County Highway K45 and less than 4 miles from direct access to Interstate 29. The farm is open for the 2025 crop season.

Location

State IA

County Monona

Area Other

Zoning Ag

Others

Monthly Total Fees $110

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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