Contact us: 563.441.1776
Description
Located just outside of Ottumwa on 194th Street, this 45+/- acres (to be surveyed) presents an excellent opportunity for farmers, investors, and buyers looking to expand their operation. Featuring all 45+/- are tillable acreage with a respectable CSR2 rating of 60.5, this farm offers productive ground in a highly desirable location with excellent access. The majority of the farm consists of Pershing silty clay loam soils, providing dependable row crop potential and long-term value. Adding to its appeal, the farm is leased for the 2026 crop season and generates $250 per acre in annual income, offering an immediate return for the new owner. Whether you are looking to add quality acres to your family farming operation, diversify your investment portfolio, or purchase your first farm to begin your agricultural career, this tract is worth a serious look. Smaller, all tillable farms in this area are hard to come by. Don't miss your chance to own this quality piece of Iowa farmland. Farm is leased for the 2026 farm season.
Property Highlights
Property Type: Land - Farm
Total Acres: 45.00 Acres
Zoning: Agriculture
General Information
County: Wapello
Listed By:
Iowa Land Company
515-962-5048
No Coast MLS
MLS ID: 6337750
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- 194th Ave, Ottumwa, IA 52501.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $345,000 | $345,000 | $345,000 |
| Down Payment | $69,000 | $12,075 | $86,250 |
| Monthly Mortgage Amount | $1,655 | $2,031 | $2,114 |
| Taxes | $480 | $480 | $480 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $152 | $0 |
| Monthly Estimated Total | $2,236 | $2,764 | $2,695 |
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.” Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.
Listings courtesy of No Coast MLS as distributed by MLS GRID.
DMCA Notice:
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information:
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(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
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