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2248 250th St. Stanton, IA 51573 Land - Farm

  • 2248 250th St., Stanton, IA 51573 Main Photo

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Description

Look no further than this diverse, multi-use farm in Southwest Iowa. This well-balanced property offers something for nearly every buyer - strong income, quality hunting, productive pasture and excellent building sites for your dream home or getaway. A well-maintained gravel road borders the north and east sides, providing year-round access. Three established entrances allow convenient access to multiple portions of the farm - whether you're running cattle, farming row crop acres, maintaining CRP ground, or slipping into strategic hunting setups. The farm features 67.68 acres enrolled in the Conservation Reserve Program. -28.96 acres in CP-1 and CP-2 through 2034 paying $6,978 annually -38.72 acres in CP-1 through 2035 paying $7,831 annually Additionally, there are 10.65± acres currently in row crop production. Cash rent on the tillable was $200/AC or $2,140 annually. The pasture could be rented for up to $6,275 per year. Combined cash rent from the tillable and pasture ground generates approximately $8,415 annually, bringing the total annual property income to $23,224. The remaining 78.45± acres are fenced pasture, currently utilized as a single paddock. A corral near the entrance provides convenient loading and unloading. Two ponds offer reliable water sources for livestock. Notably, 26.81 acres of the pasture are registered with FSA as crop acres, offering potential for conversion to additional tillable ground if desired.

Property Highlights

Property Type: Land - Farm
Total Acres: 160.00 Acres
Utilities: Cable Available, Electricity Available, Water Available
Zoning: Agriculture

General Information

County: Montgomery
Listed By:
Whitetail Properties Real Estate, LLC 217-285-9000
No Coast MLS
$995,000
Est. $6,384/mo
Active
LOT SIZE 160.000 acres MLS#6335712
STATUS PROPERTY TYPELand - Farm

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Ruhl&Ruhl Realtors
563.441.1776

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2248 250th St., Stanton, IA 51573.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $995,000$995,000$995,000
Down Payment $199,000$34,825$248,750
Monthly Mortgage Amount $4,709$5,779$6,048
Taxes $1385$1385$1385
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$597$0
Monthly Estimated Total $6,384$8,051$7,723

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