Contact us: 563.441.1776
Description
This 73.12 +/- acre income producing farm is located just Northeast of Ottumwa, Iowa, in Competine Township. Located on the edge of one of Southeast Iowa's productive agricultural regions, this farm offers an excellent combination of income potential, future row-crop production, and recreation opportunity, this property is well suited for investors, farmers, and outdoor enthusiasts. The farm is currently enrolled in the Conservation Reserve Program, with 60.65 acres generating $15,497 in annual income through September 30, 2026. Upon expiration of the contract, the new owner will have the opportunity to utilize the farm with whatever practices are best suited. The current production acres carry a strong 67.4 CSR2 average, with the predominant soil types consisting of Zook, Colo, and Vesser soils. The remaining acres feature timber, brushy fence rows, and wooded draws that create exceptional wildlife habitat. Cedar Creek winds along the Southern boundary of the property, while timbered draws and natural fencerows funnel deer and turkey movement throughout the farm, providing multiple stand locations and great hunting opportunities. Whether you're looking for a manageable farm to begin or expand your farming operation, a recreational property with dependable income, or an investment with future production potential, this versatile Wapello County farm offers an outstanding opportunity in a desirable location.
Property Highlights
Property Type: Land - Farm
Total Acres: 73.12 Acres
Zoning: Agriculture
General Information
County: Wapello
Listed By:
Hawkeye Farm Mgmt & Real Estat
641-932-7796
No Coast MLS
MLS ID: 6341117
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60th Avenue, Hedrick, IA 52563.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $584,960 | $584,960 | $584,960 |
| Down Payment | $116,992 | $20,474 | $146,240 |
| Monthly Mortgage Amount | $2,920 | $3,583 | $3,643 |
| Taxes | $814 | $814 | $814 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $257 | $0 |
| Monthly Estimated Total | $3,905 | $4,825 | $4,628 |
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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:
(1) description of the copyrighted work that is the subject of claimed infringement;
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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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