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Preferred Properties of Iowa 
Lenox, IA — 641.333.2705

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#Fleming 240: Farms & Ranches - ag production -- Show
Arispe, IA  50830  (Iowa County)
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Union County - 240 acres M/L — Price: $1,380,000

Presenting the Fleming 240 Farm, talk about the ultimate recreational farm with income! •Above average soils (63.5 CSR) with a farm that has 86 percent of production income. •11 acres of lakes for excellent fishing. •Remarkable pheasant hunting. •Several of the most beautiful building spots you could ask for. •39 miles to Interstate 35. •80 miles to Des Moines •A manure contract for fertilization. •A watershed contract for priority funding from FSA and NRCS. It has been years since we have listed a farm with this income stream accompanied with the amount of beauty and hunting that this farm offers.
Town: Arispe
County: Union
State: IA
Taxes: $4,162
Terms: cash, payable at closing
Land Use: FSA show 231.81 total acres of farmland; 47.16 effective cropland; 158.29 in CRP
Income: $37,770.00
Possession: upon closing
Tillable Acres: 40
CRP Acres: 158.29
CRP Description: 7.7 acres @ $188.37 per acre annual payment of $1,450.45 expiring 2020. 4.41 acres @ $300.00 per acre annual payment of $1,323.00 expiring 2027. 42.73 acres @ $238.12 per acre annual payment of $10,174.87 expiring 2021. 103.5 acres @ $181.86 annual payment of $18,822.51 expiring 2022.
FSA Description: The subject farm is being sold off of a larger tract. The subject farm will have to be reconstituted by the Farm Service Agency in order to determine the government payment information.
CSR Description: CSR1– 55.4 CSR2- 63.5 Surety Maps

GPCink Real Estate details:

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Bsmt: Land: CRP, Gamebird Hunting, Pond
Roof: Taxes: $4,162
Acres or Lot size: 240.00 m/l Incorporated:
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Legal Description: See Preferred Properties of Iowa
Room Size Details:
  
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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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