52 +/- Acres of Tillable Farmland, CRP Income, & Pasture Ground
Price:
$480,000
Acreage:
52.1
County:
Henry
State:
Iowa
Price Per Acre
$9,213.05 per acreProperty Description
For a farmer, hobby farm buyer, or a family looking to build and run a place of their own, this 52 +/- acre Henry County farm checks boxes most listings only promise. Tillable ground carrying a 75.3 CSR2, one of the strongest soil ratings you'll find in this market, a CRP contract already locked in through 2035, and additional acreage suited to running a few head of cattle all sit on one property, priced below appraised value and minutes from Mount Pleasant and Highway 34.Roughly 33.07 acres are FSA cropland, about 65% of the farm, carrying a 75.3 CSR2, more than 11 points above the Henry County average of 64 and putting this ground in the upper tier of what's currently on the market. Three terraces and tile drainage run throughout the tillable acres, and the farm has been managed under no-till practices, giving the next operator a head start on soil health and water management from day one.
There are 6.2 acres enrolled in CRP through 2035, generating $1,240 annually. That income runs alongside whatever the tillable ground produces, giving the next owner a locked-in baseline return for the next decade.
The acreage outside the farmed and CRP ground, including a seasonal creek and timber in the southeast corner, is currently used to run cattle, with fencing and gates already in place throughout the property. For a buyer looking to diversify beyond row crops, or a family wanting room for a few head of their own, having tillable ground, CRP income, and grazing acreage together on 52 +/- acres is hard to find.
Property Features
- 52 +/- gross acres, subject to final survey
- 33.07 FSA acres, approximately 66% tillable
- 75.3 CSR2, more than 11 points above the Henry County average of 64
- 6.2 CRP acres through 2035, $1,240 annual payment
- Three terraces and tile drainage throughout
- No-till farm management
- Cattle ground with seasonal creek, timber, and existing fencing and gates throughout
- Listed below appraised value
- Minutes from Mount Pleasant and Highway 34
- STR: 5/71N/7W
- Tippecanoe Township
- Parcel 170070525100600: PT PAR 2012-027 LYG IN SE NW & SW NE EX PAR 2020-015
- Annual taxes: $1,592
- Electric: Access Energy
- Rural water: Rome Rural Water
- 52 +/- gross acres: the projected sale removes the structures in the northeast corner from the parcel pending final survey, though the seller is open to those structures remaining with the property
