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1410 160th Street Clare, IA 50524 Land - Residential

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Description

153.16 surveyed acres of cropland and timber found 1.5 miles southwest of Clare, IA. The farm is comprised of cropland and timber. The cropland is currently enrolled in CRP programs. Lizard Creek is the east boundary of this farm. This farm offers an exceptional opportunity to own an expansive multi-purpose recreational tract with tremendous income producing abilities. This farm is home to an array of wildlife including a pedigree of large white tail deer. The sizable tracts of well-established and maintained CRP offer a tremendous opportunity for pheasant hunting. The property has an abundance of resident turkey as well. Located a half-mile off of pavement, this farm is a prime opportunity for a hunter's paradise while generating cash flow for years to come. Due to a qualifying event, the CRP contracts on this property are eligible for cancelation with no penalty. The CRP payment is 112.0 acres @ $298.77 average rate = $33,462.56. Gross Acres: 153.16 acres m/l. Cropland Acres: 114.91 acres m/l. Corn Suitability Rating (CSR2): 63.2. Timber/Creek: 33.47 acres m/l. Predominant soils types are Spillville, Wadena, Clarion. Real Estate Taxes: Estimated at $3,368.00 annually. Tax information is estimated and subject to survey & county re-assessment. Wooded areas are enrolled in Forest Reserve, a tax exempt program.

Property Highlights

Property Type: Land - Residential
Total Acres: 153.16 Acres

General Information

County: Webster
Listed By:
Sunderman Farm Mgt. Co. 515-576-3671
No Coast MLS
$1,202,300
Est. $8,025/mo
Active
LOT SIZE 153.160 acres MLS#6337909
STATUS PROPERTY TYPELand - Residential

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Ruhl & Ruhl Careers
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1410 160th Street, Clare, IA 50524.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,202,300$1,202,300$1,202,300
Down Payment $42,081$0$240,460
Monthly Mortgage Amount $7,269$7,562$6,001
Taxes $1673$1673$1673
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $721$0$0
Monthly Estimated Total $10,014$9,586$8,025

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