Wendy Corzatt
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
This exceptional 272 acre Wapello County farm offers an outstanding combination of productive cropland, dependable CRP income, and a well-maintained rural acreage. The farm includes approximately 251.05 FSA cropland acres, with 97.53 acres in row crop production, 96.90 acres enrolled in CRP, and 56.62 acres seeded to native grasses and forbs through the Conservation Stewardship Program (CSP). The CSP acres may be terminated and returned to production for the 2027 crop season. The average CSR2 across the cropland acres is 64.4, while the average CSR2 across the current production acres is 83. Whether you're looking to expand your farming operation, add to your investment portfolio, or purchase a country acreage, this property is an excellent opportunity. The Sellers may consider dividing the farm into multiple tracts, and Buyers are encouraged to structure and submit offers accordingly. The one story ranch style dwelling has 3 bedrooms and 1 bathroom. Dwelling roof and windows were replaced in 2026. Dwelling siding will be replace prior to closing. There is a partial unfinished basement. The updated water heater and furnace are located in the basement. A deck has recently been added on the north side of the dwelling. A portion of the machine shed has concrete floor and electricity, one sliding door on west side and two sliding doors on south side.
Property Highlights
Property Type: Residential - Farm
Lot Size: 272.00 acres
Built in 1956
General Information
Bedrooms: 3
Bathrooms: 2
County: Wapello
Listed By:
Growthland Realty
563-542-6473
No Coast MLS
MLS ID: 6341556
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15355 118th Avenue, Ottumwa, IA 52501.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $2,924,000 | $2,924,000 | $2,924,000 |
| Down Payment | $102,340 | $0 | $584,800 |
| Monthly Mortgage Amount | $17,912 | $18,634 | $14,785 |
| Taxes | $4069 | $4069 | $4069 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,754 | $0 | $0 |
| Monthly Estimated Total | $24,588 | $23,556 | $19,707 |
Wendy Corzatt
REALTOR®
Office: (319) 752-9933
Cell: (309) 221-9720
Licensed in Iowa & Illinois
Burlington Office
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(319) 752-9933
Suite 105
West Burlington, IA 52655
(319) 752-9933
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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