$1,050,000
$1,165,000
9.9%For more information regarding the value of a property, please contact us for a free consultation.
120 Acres Lot
SOLD DATE : 07/11/2025
Key Details
Sold Price $1,050,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 716294
Sold Date 07/11/25
HOA Y/N No
Annual Tax Amount $3,605
Lot Size 120.000 Acres
Acres 120.0
Property Description
Midwest Land Group is proud to present this 120+/- acre farm in Audubon County. The farm consists of 113.05 FSA Cropland acres with the remainder including timber edge, draws and ditches. The weighted CSR2 average is 57.3. The farm is currently in a CRP contract that will expire 9/30/2027. The annual contract payment is 33,322.00 or 301.26 per acre with 110.61 acres enrolled in CRP.
The farm would be a fantastic addition to ones investment portfolio! Once the CRP contract expires the new buyer could either farm it themselves, try re-enrolling into a new 10 year program or have a local farmer cash rent the open ground for an excellent ROI.
In addition to the high-quality farm land this property has multiple beautiful build sites with hunting and recreational opportunities. With large blocks of timber and cedar thickets to the north and to the south the addition of a couple strategically placed food plots and tower stands the new owner would have great hunting for deer, turkeys and pheasants. The Seller's would consider offers on selling the south 80 acres or the north 40 acres as two separate transactions.
If your looking to move some money from the volatile stock market into real property to diversify your investment portfolio, add additional tillable ground to your current farming practices or looking to build in the country to enjoy the peacefulness the country provides this could be your farm! If you're wanting more information or
Location
State IA
County Audubon
Area Exira
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Others
Tax ID 05-12-29-240-600, 310-610 and 420-630
Monthly Total Fees $300
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Midwest Land Group LLC
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