Boone County, IA
20.00 Acres M/L

I Avenue |
Ogden, IA 50212 |
Listing #13904

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$187,500

Property Info

Description

Affordable land investment or building site located southeast of Ogden, Iowa! Land offering of 20 acres m/l including a mix of tillable farmland and CRP. Property consists of 13.54 FSA tillable farmland acres with a CSR2 value of 85.9 and 6.04 acres newly enrolled in CRP (Conservation Reserve Program) with an annual payment of $2,045. CRP contract is a 15 year contract with an expiration date of 2031 and includes CP-27 and CP-28 farmable wetland practices. This would make for a great building site just off US Hwy 30 with rural water and electric located at the road. Rural water is available through Xenia Rural Water Association and electric is available through Midland Power Cooperative. The Harrier Marsh Wildlife Management Area is adjacent to the west of this parcel with the habitat being managed for waterfowl, doves, and pheasants. Farm lease is in place for 2017 farm year.

Legal Description

The South One-Half of the Southeast Quarter of the Northeast Quarter (S 1/2 SE 1/4 NE 1/4) in Section 8, Township 83, Range 27 in Marcy Township and located entirely in Boone County, Iowa.
Full Legal Description to be taken from Abstract.

Details

FSA Cropland- 19.58 Acres

Corn Base: 13.50 Base Acres with a PLC Yield of 143

CRP (Conservation Reserve Program) 6.04 acres with an annual payment of $2,045 ($338.65 per acre) and expiring in 2031
*Contract practices are CP-27 & CP28 (Farmable Wetlands)

Directions

From Ogden, Iowa: East on US Hwy 30 for just over 1 mile until I Avenue. Turn right (south) on I Avenue for one mile and property is on your right (west) side of the road. Look for sign.

Sign On Property: Yes
School District: Ogden Community School District
General Area: 3 Miles just southeast of Ogden, Iowa
Net Taxes: $490.00
CSR2: 85.00
Possession: At Closing Subject to Tenant's Rights
Terms: Conventional, Cash

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