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Listed by Tyler Boley Boley Real Estate
$ 1,237,500
Est. payment | /mo
198 Acres Lot
$ 1,237,500
Est. payment | /mo
198 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NOC6343095
Style Other
Land Lease Amount 3167.0
Annual Tax Amount $2,578
Tax Year 2026
Lot Size 198.000 Acres
Acres 198.0
Property Description
Rare opportunity to own 198 +/- acres in a desirable area of Monroe County, Iowa! This farm features approximately 177 FSA-indicated tillable acres, offering an excellent ratio of productive cropland to total acreage. The property is currently rented for $38,000 annually, providing immediate income potential. The 2027 crop year is open, giving a new owner the flexibility to farm the ground themselves or choose their own tenant. The current tenant would also be willing to continue farming the property. The farm is located near a substantial amount of solid timber, providing an excellent food source and habitat for local wildlife, including whitetail deer and turkey. With access from two different roads, the property offers convenient access and flexibility for farming operations. It is not often that a farm of this size becomes available with this much tillable acreage. The combination of productive cropland, current rental income, wildlife habitat, location and multiple access points makes this a property worth a close look. The seller is highly motivated and ready to consider offers. Buyers are encouraged to take a look and bring an offer!
Location
State IA
County Monroe
Zoning Agriculture
Direction Property is located on both 576th Ave and 139th Tr. Lovilia, IA
Interior
Fireplace No
Exterior
View Y/N true
Building
Architectural Style Other
Others
Acceptable Financing NOC6343095
Listing Terms NOC6343095
Schools and Properties Nearby
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