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County Road J18 Moravia, IA 52571 Land - Farm

Pending
  • County Road J18, Moravia, IA 52571 Main Photo

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Description

Less than 1/2 mile from Rathbun lake sits the perfect combination property featuring, great hunting for high end deer, strong income & building or development potential. The current owner has carefully managed the habitat. The CRP acres & tree plantings have created great south facing bedding areas. Included in the CRP are strategic food plots planted in a variety of crops to provide full season attractions. All the wooded edges were edge feathered to make the most of the timbered cover. The high-end deer are a direct result of these improvements & its location directly across the road from over 700 acres of No Hunting Honey Creek State Park\Preserve. This cover improvement has created a boom in the Pheasant & Quail populations for added recreational opportunity. The access is hard to beat w/ paved road access from the south, gravel road on the west and a level B road on the entire north border. Income is provided by 49.9 acres of CRP that pays a yearly payment of $8,298 until 9-30-2032. There are also 23.76 acres of crop land that rents for $150/acre per year totaling $3,564. The property has a long history of crop production & would be eligible for future CRP or an increase in food plot acres should the new owner wish. This property's location will have added value for building sites for a vacation home, personal residence or campsite w/ full utilities. The northwest side provides a large level area outside of the current CRP while the northeast side has Lake Rathbun views.

Property Highlights

Property Type: Land - Farm
Total Acres: 110.00 Acres
Zoning: Agriculture

General Information

County: Appanoose
Listed By:
Hawkeye Farm Mgmt & Real Estat 641-932-7796
No Coast MLS
$643,500
Est. $4,088/mo
Pending
LOT SIZE 110.000 acres MLS#6335190
STATUS PROPERTY TYPELand - Farm

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Ruhl&Ruhl Realtors
563.441.1776

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County Road J18, Moravia, IA 52571.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $643,500$643,500$643,500
Down Payment $128,700$22,523$160,875
Monthly Mortgage Amount $3,004$3,687$3,848
Taxes $896$896$896
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$283$0
Monthly Estimated Total $4,088$5,054$4,932

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