Land for Sale - Terre Haute Road, Decatur, IA 50067 - 241.4 acres

241.4 Acres CRP Ground, Recreational Land & Cropland in Decatur County, IA

Terre Haute Road, Decatur, IA | Lat/Lng:  40.7212, -93.8483

$1,448,400
241.4 ac.
03/18/2025
ACTIVE
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Description

This Decatur County property offers a mixture of timber and CRP; a great opportunity for both hunters and investors alike. It features 148.46 acres enrolled in CRP, with a return of $129 per acre. The farm also offers flexibility in terms of purchase options. It can be acquired in its entirety or the owners are willing to divide it into two tracts. The legal descriptions for the 2 tracts are as follows: Tract 1 (118 Acres m/l)- The Northeast Quarter (NE) of Section Four (4), Township Sixty-eight (68) North, Range Twenty-six (26) West of the 5th P.M. lying West of Interstate 35 and South and East of centerline of county road, Decatur County, Iowa. Tract 2 (123.40 Acres m/l) - The Southwest Quarter (SW) of Section Four (4), Township Sixty-eight (68) North, Range Twenty-six(26) West of the 5th P.M., lying West and North of centerline of county road, Decatur County, Iowa. Exact legal to be taken from abstract. FSA Information is for both tracts combined and includes 155.97 cropland acres including 152.28 acres currently enrolled in CRP. Tract 1 CRP Acres: 69.94 acres Annual CRP Payment: $9,022.26 ($129/acre) Contract Expiration: 9/30/2030 Tract 2 CRP Acres: 82.34 acres Annual CRP Payment: $10,621.86 ($129/Acre) Contract Expiration Date: 9/30/2030

Details

CountyDecatur
Zipcode50067
Property Type OneRecreational Property
Property Type TwoUndeveloped Land
Property Type ThreeHunting Land
BrokerageMidwest Land Management & Real Estate, Inc.
Brokerage Linkwww.midwestlandmanagement.com
Land Listing Agent Photo
Agent: Ben Hollesen
Contact Agent:Email Land Listing Agent
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