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Description
Located just over one mile southeast of Cambridge, Iowa, in southern Story County, sits this exceptional 40-acre farm owned by the Robert Nassen Estate. This property presents an outstanding opportunity for both agricultural producers and investors seeking quality farmland in a highly desirable area. The farm features approximately 37.11 +/- cropland acres with a strong 75.4 CSR2 average, providing excellent long-term productivity and investment potential. The property is currently enrolled in the Conservation Reserve Program (CRP) through September 30, 2034, generating annual income of $11,133 ($300 per acre). At closing, the successful buyer will have the option to either assume the existing CRP contract or have the estate terminate the contract prior to closing. This attractive, manageable-sized tract offers an excellent opportunity to expand an existing farming operation or add a quality investment property to a land portfolio. Conveniently located less than 10 miles from Ankeny, the farm benefits from strong local demand and proximity to one of central Iowa's fastest-growing communities.
Property Highlights
Property Type: Land - Farm
Total Acres: 40.00 Acres
Zoning: Agriculture
General Information
County: Story
Listed By:
Iowa Land Company Real Estate LLC
641-777-5484
No Coast MLS
MLS ID: 6340146
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59390 Ia 210, Cambridge, IA 50046.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $340,000 | $340,000 | $340,000 |
| Down Payment | $68,000 | $11,900 | $85,000 |
| Monthly Mortgage Amount | $1,675 | $2,028 | $2,118 |
| Taxes | $473 | $473 | $473 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $150 | $0 |
| Monthly Estimated Total | $2,248 | $2,751 | $2,691 |
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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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