Schafer 120 Farm

190th Street & Orange Avenue, Prescott, IA 50859 | Listed at $516,000 NEW PRICE $450,000

Price Reduced
Town: Prescott
County: Adams
State: IA
Taxes: $1,970
Terms: Cash, payable at closing
Land Use: 114.17 farmland acres, 75.8 cropland
Income: 15,494
Possession: Upon closing
Tillable Acres: 17.31
CRP Acres: 58.49
CRP Description: $15,494 CRP income per year, as follows: 58.49 acres @ $264.90 / acre for $15,494, expiring 09/30/2027.
FSA Description: FSA shows 114.17 farmland acres, with 75.8 cropland acres, of which 58.49 are in CRP. Crop CORN, Base Ac. 17.31, CRP Red. 14.59, PLC Yld. 87; Crop OATS, Base Ac. 0, CRP Red. 1.0, PLC Yld. 0; TOTAL BASE ACRES 17.31; Adams County FSA
CSR Description: CSR2- 57.5, Surety Maps
Eight years left on the CRP contract with income totaling $123,952 for the remainder of the contract. CRP income is $15,494 per year(58.49 acres in the pollinator program @ $264.90 per acre). Also there is some new fencing, new crossings, new tile, new pond(1.5 acre M/L) with livestock watering system. This farm has it all-- income, recreation that offers excellent deer, and turkey hunting. Highway location that bodes well for new home construction or a great place to build a cabin and enjoy fishing the new pond with the grandkids. 17 acres of row crop or pasture. Very unique farm. Come take a look!
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Thomas Miller | 712-621-1281
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