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  • $1,122,000

    505 Avenue, Lovilia, IA 50150

    --beds
    --baths
    --sqft
    Farm
    Built in ----
    255 Acres Lot
    $-- Zestimate®
    $--/sqft
    $703 Estimated rent

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    $703/mo

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    $6,165/mo

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    What's special

    Iowa Investment Property with Income Producing Ag Land, CRP Land & Exceptional Recreational & Hunting Use. This Monroe County, Iowa 255 +/- acre combination farm is located near the borders of Lucas & Marion offering productive ag land currently seeded to alfalfa/hay and CRP with timbered fingers & draws bisecting the farm. 70% of this farm is income producing w/ 89 +/- acres CRP w/ an annual payment of $13,810. The additional income comes from 91+/- open acres carrying a 47 CSR2, a majority being alfalfa with grass hay & pasture acres. This property lays in an area that produces world-class hunting opportunities & is set up with solid access to multiple natural funnels across the farm. Timbered draws break up the farm perfectly & offer several smaller & larger fields, all of which create major travel corridors & offer edge habitat for hunting multiple winds. This Iowa Land offers true investment potential with sustainable income and long-term trophy hunting potential.

    Zillow last checked: 8 hours ago

    Listing updated: May 20, 2024 at 03:35pm

    Listed by:

    Nathan Ammons 641-777-2861,

    Hawkeye Farm Mgmt & Real Estat,

    Ryan Ammons 641-777-2955,

    Hawkeye Farm Mgmt & Real Estat

    Bought with:

    Nathan Ammons, ***

    Hawkeye Farm Mgmt & Real Estat

    Ryan Ammons, ***

    Hawkeye Farm Mgmt & Real Estat

    Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6309135MLS Logo

    Facts & features

    Interior

    Features
    • Has fireplace: No

    Property

    Lot
    • Size: 255 Acres
    • Dimensions: 255 +/- Acres
    • Topography: Rolling
    Details
    • Parcel number: 012050307016000000
    • Zoning: Agriculture

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Farm

    Utilities & green energy

    • Sewer: None
    • Water: None

    Community & neighborhood

    Location
    • Region: Lovilia

    HOA & financial

    HOA
    • Has HOA: No
    • Association name: SEIA