Courtnee Tomlinson
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Income Producing Farm with CRP, Row Crop & Recreational Appeal ? SE of Centerville. Located just 1.7 miles east of Hwy 5 and Walmart on the southeast side of Centerville, this 108-acre tract offers a strong mix of income, productive soils, and hunting potential in a proven area of Appanoose County. The farm includes 29.28 acres enrolled in CRP paying $4,316 annually through 2035 and an additional 15.42 acres paying $1,971 annually through 2027. There are 42 acres of cash rented crop ground generating $8,300 annually. Total annual income is $14,587. The open acres carry a 48 CSR2 average, with the crop acres averaging 55 CSR2, providing solid productivity for southern Iowa. The crop lease is in place for immediate return. The balance of the property consists of timber, draws, and natural drainage that create strong wildlife travel corridors. The established CRP adds bedding cover, and with a pond in place and two access points off a gravel road, the farm lays out well for both hunting and long-term investment. Utilities and rural water are available at the road, offering flexibility for future plans if desired. This is a well-balanced 108-acre tract that offers income today and flexibility moving forward. Whether you're looking to add to an existing land portfolio or secure a southern Iowa farm with long-term potential, this one is worth a serious look.
Property Highlights
Property Type: Land - Farm
Total Acres: 108.00 Acres
Zoning: Agriculture
General Information
County: Appanoose
Listed By:
Hawkeye Farm Mgmt & Real Estat
641-932-7796
No Coast MLS
MLS ID: 6336266
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Dewey Road, Centerville, IA 52544.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $615,600 | $615,600 | $615,600 |
| Down Payment | $123,120 | $21,546 | $153,900 |
| Monthly Mortgage Amount | $2,874 | $3,527 | $3,742 |
| Taxes | $857 | $857 | $857 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $271 | $0 |
| Monthly Estimated Total | $3,911 | $4,835 | $4,779 |
Courtnee Tomlinson
REALTOR®
Cell: (563) 529-2012
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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