Bought with Steinfeldt Kyle • Midwest Land Group, LLC
$345,000
$370,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
0000 210th ST Diagonal, IA 50845
55 Acres Lot
Key Details
Sold Price $345,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20240827
Sold Date 04/18/24
Annual Tax Amount $814
Lot Size 55.000 Acres
Acres 55.0
Lot Dimensions Irregular
Property Sub-Type Unimproved Land
Property Description
You are going to want to see this 55-acre farm located in northwest Ringgold County! A quality tillable farm with impressive income and return, but also a major food source and travel corridor between neighboring large tracts of timber and cover in an area known for high deer density and producing giant mature whitetails season after season. This property is ready for a new owner and lies just two miles southeast of Clearfield in a strong well-known farming community. A reliable and quality tenant is in place for the 2024 farming year on this property that boats a 49.4 CSR2 rating and has great access via field approaches on both the southeast corner and northwest corner of the property, large enough for larger equipment. Investors, there are 48.28 base cropland acres and 41 of those acres are being leased in row crop production providing a great annual return making this an excellent opportunity for someone looking to add more land to their portfolio with a tenant already in place. This property has been well maintained and is in great condition and will continue to provide and generate income for many years to come with little to no maintenance. Tiling and waterways are in place and additional streams of revenue would exist with the potential to lease hunting rights. Hunters, this farm is trampled with deer sign. Scrapes and rubs along the grassy timbered waterways on the edges of the tillable affirm this property's potential at being a great late muzzleloader season in a Redneck tower blind when deer are hammering food sources as this is a main food source in the area. A muzzleloader tag is a much easier draw for non-residents than most Iowa tags and this farm would shine in the late season. With the current cropping history, one could easily turn some or all of the certified tillable acres into CRP and still have the ability to plant food plots or buy back some of the row crops from the tenant for late-season hunting opportunities. The current owner hung a few cameras during the last 10 days of Iowa's muzzleloader season and had several large bucks on camera that were feeding on the property daily. Don't miss this opportunity to add this great farm to your land portfolio!
Location
State IA
County Ringgold
Zoning A-1
Interior
Fireplace N
Exterior
View Y/N true
Building
Sewer None
Water Rural
Others
Acceptable Financing NBR20240827
Listing Terms NBR20240827
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP