Type: Company
Price: $139,000
Location: Indianola, Iowa
Address: 0 Lucas St, Indianola, IA, 50125
Zip: 50125
Property size: 996652 square feet
Condition: Used
For sale by: Broker
Agent: Joshua Flournoy
This small Warren County property just 3 miles southeast of Indianola boasts some extremely prime tillable soil at 92 CSR2!
If you farm in the area and are looking to add additional high quality tillable acres to your holdings, or are simply looking for an income producing investment property that also has some hunting and fishing opportunities,
this is definitely a property to check out. There are 22.88 /- gross and 19.88 /- net acres, with 15.94 FSA Cropland acres, approximately 12 acres m/l of which are being farmed by the current tenant. The tillable acres are primarily Amana silt loam. Farm lease is $3,000 for the 2023 season.
2023 farm lease income will be pro-rated to the buyer from date of sale closing. Physical possession of property at closing, full possession on 3/1/24 subject to tenant rights. Farm lease is open for the 2024 season. Showings by appointment only. Copyright © 2023 Southeast Iowa Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.