Tbd 540th Street Centerville, IA 52544 • Land - Residential

  • Tbd 540th Street, Centerville, IA 52544 Main Photo

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Description

This 324± acre Appanoose County farm offers a strong combination of income-producing acres, quality wildlife habitat, and excellent hunting. With approximately 99 acres of tillable ground, 111 acres enrolled in CRP, and the balance consisting of diverse upland and bottomland timber, this property provides a well-rounded mix of agricultural income and hunting potential. The property is located approximately 6 miles southeast of Centerville, 53 miles south of Oskaloosa, and 90 miles from the Des Moines metro area. The advertised acreage is 324± acres and is subject to final survey. 99 acres are currently being cash rented, generating $19,800 in annual income. An additional 111 acres are enrolled in the Conservation Reserve Program, generating more than $13,500 annually, with the current contracts running through 2035. Combined, the current agricultural income is more than $33,000 annually. This provides a valuable food source and quality habitat for the property's wildlife. The timber consists of a mix of upland and bottomland cover, including several species within the red and white oak families. Numerous mature red and pin oak trees provide an excellent mast-producing resource for wildlife, while scattered cedar cover throughout the timber provides additional bedding and security cover for whitetails. The diversity of the timber and open ground creates a variety of habitat types across the property. Portions of the timber are also in the Forest Reserve.

Property Highlights

Property Type: Land - Residential
Total Acres: 324.00 Acres

General Information

County: Appanoose
Listed By:
Whitetail Properties Real Estate, LLC 217-285-9000
No Coast MLS
$2,025,000
Est. $14,598/mo
Active
LOT SIZE 324.000 acres MLS#6342383
STATUS PROPERTY TYPELand - Residential

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Tbd 540th Street, Centerville, IA 52544.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,025,000$2,025,000$2,025,000
Down Payment $70,875$0$405,000
Monthly Mortgage Amount $13,062$13,936$11,189
Taxes $2818$2818$2818
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,216$0$0
Monthly Estimated Total $17,687$17,345$14,598

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