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Hwy 44 Kimballton, IA 51543 Land - Farm

New - 11 Hours Ago
  • Hwy 44, Kimballton, IA 51543 Main Photo

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Description

Located on the Northeast edge of Kimballton, Iowa, this 120 +/- acre farm offers an outstanding combination of income production, future agricultural potential, and recreational appeal in the scenic rolling hills of Western Iowa. This Southwest Audubon County farmland features a mix of level creek bottom ground and gently rolling terrain, creating both visual appeal and practical usability. Currently, 73.58 acres are enrolled in three separate CRP contracts generating a strong annual income of $23,639, with all contracts expiring September 30, 2027. At the asking price, the farm offers an attractive 2.31% return on investment through the existing CRP income. The income-producing acres carry a very strong 67.9 CSR2 average, presenting an excellent opportunity for future conversion back into row crop production and contour farming. In addition to the income and farming potential, the property offers excellent recreational characteristics with a winding creek, timbered draws, and natural wildlife habitat that create quality hunting opportunities. Two-sided highway road frontage also presents the opportunity for ideal future building possibilities. Productive farmland combined with attractive topography and recreational appeal make this a well-rounded investment opportunity in a highly desired farm country of Western Iowa.

Property Highlights

Property Type: Land - Farm
Total Acres: 120.00 Acres
Zoning: Agriculture

General Information

County: Audubon
Listed By:
Hawkeye Farm Mgmt & Real Estat 641-932-7796
No Coast MLS
$1,020,000
Est. $6,676/mo
New to the Market Active
LOT SIZE 120.000 acres MLS#6338897
STATUS PROPERTY TYPELand - Farm

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Ruhl&Ruhl Realtors
563.441.1776

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Hwy 44, Kimballton, IA 51543.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $1,020,000$1,020,000$1,020,000
Down Payment $204,000$35,700$255,000
Monthly Mortgage Amount $4,958$6,167$6,302
Taxes $1420$1420$1420
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$612$0
Monthly Estimated Total $6,676$8,497$8,020

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