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Terrace Avenue Rippey, IA 50235 Land - Farm

  • Terrace Avenue, Rippey, IA 50235 Main Photo

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Description

Greene County, Iowa Farmland Available! Presenting 168.07 acres m/l of Greene County, Iowa farmland located just northwest of Perry, Iowa, in the southeast corner of the county. This is an opportunity to purchase a historically high producing farm that would generate an above average return compared to the farm's market value. The farm has been managed with above average farming practices and fertility improvements, including both hog manure and cattle manure applications, supporting the most recent corn yield of 239 bushels per acre. The farm includes approximately 150.07 FSA cropland acres with an average CSR2 soil rating of 66. Over 70% of the farm carries a CSR2 soil rating of 77 or better. The primary soil types include both upland loam soils as well as productive bottom ground. Included in the FSA cropland acres are 14 +/- acres that have recently been seeded down to a clover/alfalfa/fescue mix in the Spring of 2025. The farmland tract has great natural drainage with a gentle slope starting on the higher east end of the farm and a gradual grade towards the west. Well maintained waterways are established, preventing erosion and allowing water to move off the farm. Farming rights will be open for the 2027 crop year. Both Wetland and Highly Erodible Land (HEL) Determinations were completed on the farm in January 2026. Vsit our website for more information regarding this listing.

Property Highlights

Property Type: Land - Farm
Total Acres: 168.07 Acres
Zoning: Agriculture

General Information

County: Greene
Listed By:
Peoples Company 515-222-1347
No Coast MLS
$1,575,000
Est. $10,615/mo
Active
LOT SIZE 168.070 acres MLS#6341223
STATUS PROPERTY TYPELand - Farm

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Ruhl&Ruhl Realtors

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Terrace Avenue, Rippey, IA 50235.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,575,000$1,575,000$1,575,000
Down Payment $55,125$0$315,000
Monthly Mortgage Amount $9,648$10,169$7,964
Taxes $2192$2192$2192
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $945$0$0
Monthly Estimated Total $13,244$12,820$10,615

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