This farm offers a variety of great opportunities for many different buyers. Whether you are looking for CRP income, hunting and recreational opportunities, or an opportunity to farm a property that has been in CRP for 10 years, there are many choices with this farm. The majority of the CRP will expire in 2025, allowing an opportunity for a buyer to renew the contract for continuous income or allow you to farm the farm after the 2025 crop season. This is a rare opportunity for someone to chose what they do with this property after the CRP contracts expire.
1.5 miles south of Wallingford, Iowa on Highway 4 and 3/4 mile west on 240th Street.
The Northeast Quarter (NE¼) of Section Twenty-four (24), Township Ninety-eight (98) North, Range Thirty-four (34) West of the 5th P.M., Emmet County, Iowa except all of Schacherer Subdivision in the Northeast Quarter of Section Twenty-four.
Cropland Acres: 114.54 Acres including 113.75 CRP Acres
Corn Base: .72 acres / PLC Yield: 157
CRP Contract 1 – 109.71 Acres
Annual CRP Payment: $30,085 ($274.22/acre)
Contract Expiration Date: 9/30/2025)
CRP Contract 2 – 2.57 Acres
Annual CRP Payment: $364 ($141.82/acre)
Contract Expiration Date: 9/30/2030
CRP Contract 3 – 1.47 Acres
Annual CRP Payment: $264 ($179.59/acre)
Contract Expiration Date: 9/30/2029
Total Annual CRP Payments: $30,713
Avg. CSR2: 70.4
Avg. CSR1: 58.5
Clarion, Omsrud-Storden, Nicollet, Okoboji, Storden, Webster, Spillville, Delft, Coland-Spillville, Delft-Terril
$3,296
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We are proud members for the following professional organizations: American Society of Farm Managers and Rural Appraisers, National Association of Realtors, Realtors Land Institute and Iowa Auctioneers Association.
