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00 120th Street, Other, IA 51055
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$280,000
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Home Details for 00 120th Street
Price
$280,000
Type
Lots/Land
Lot Size
39.24
County
Monona
Tax
$1,320
MLS®️ Listing#
709895
On exitrealty.com
254 days
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.
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Listing Courtesy: Peoples Company - (712) 898-5913
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Des Moines Area Association of REALTORS®. All Rights Reserved.
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