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Preferred Properties of Iowa 
Lenox, IA — 641.333.2705

Contact: Thomas Miller, Owner/Agent
cell: 712.621.1281
email: [email protected]

#Griggs Farm: Farms & Ranches - ag production -- Show
Carbon, IA  50839  (Adams County)
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Scenic Farm Property W/ Solid CRP Income & Income Options in the Near Future! 162.98 Acres, ML — Price: $520,000

Town: Carbon
State: IA
Taxes: $2,030
Terms: cash, payable upon closing
Land Use: Total - 161.57, ml, 4.5 eff. tillable, 136.55 CRP
Income: 14,859
Possession: upon closing, may be subject to farm tenancy
Tillable Acres: 4.50
CRP Acres: 136.55
CRP Description: $14,859 Total Annual Payment with 133.,3 acres @ $105.35/acre = $14,043 annually, exp. 2019 and with 3.4 acres @ $239.93/acre = $816 annually, exp. 2025 - Adams Co. FSA
FSA Description: Corn Base Acres 3.2, PLC Yield 96 - Adams Co. FSA
CSR Description: CSR1 – 43.8; CSR2 – 48.1 - Surety Map; CSR2 – 48.37 - Adams Co. Assessor
Building: Yes
Building Description: Metal Machine Building with overhead door
Comments: Presenting the Griggs Farm, a beautiful and scenic farm with the majority of its acres enrolled in the Conservation Reserve Program (CRP). With its strong CRP stand, this farm offers beautiful scenery in addition to its steady CRP income. With the majority of these CRP acres coming out of the program in 2019, the new owner will have a bevy of options in a couple years that can maximize this farm’s ample income potential, whether it be a new, strong CRP bid or with crop production or cash rental income, this farm has a great deal of potential. Don’t forget the nice machine building that is part of this property

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Bsmt: Land: CRP, Timber, Cash Rent or Lease Agreement, Pond Income
Roof: Taxes: $2,030
Acres or Lot size: 162.98 m/l Incorporated:
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Preferred Properties of Iowa; Dan Zech, Owner/Broker. 500 West Temple Street, Lenox, IA 50851. Office Ph: 641.333.2705. Licensed in Iowa.

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