147 Acres in Mount Union, IA - $650,000
This property is the perfect place for someone who would like to farm and hunt. Property features a 3 bedroom, 1 bath home with a pole barn. The parcel west of the house has 36.25 acres and produces corn/beans. The parcel with the house and pole barn has 37.11 acres m/l. It also has timber, a pond and tillable ground. The two parcels due east of the house has 41.61 Acres m/l. It is a combinations tillable/timber. The final parcel is 32.35 acres m/l and is mostly timber. The tillable ground has been cash rented for the past 15 years. Notice has been served to the tenant. Gross taxes for all parcels is $3435.
The tillable cropland on this farm is 72.9 acres m/l. Wheat base is 2.3/ yield 36, corn base 54.6/yield 122, soybeans is 14.2/yield 30.
Income from rented tillable ground is $9477.00 Pole Barn is rented for $300/yr
****Owner is licensed Real Estate Agent.
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