Sold
All Around Recreational Farm With Two Ponds
Acreage
212 ±
County
Wayne
SOLD
Address Quail Run Road, WP#Lot001 Corydon, IA 50060
View on Google MapsDescription
This property has every aspect of Southern Iowa Rec Land and produces a VERY SOLID return on one’s investment. If you are looking for a property that has excellent return but also allows an owner to build a “getaway” home or cabin, hunt every big and small game animal known to Southern Iowa, or fish in one of the three stocked ponds. This property has it all!
Details
- All around rec. farm with great return and every aspect of hunting in Southern Iowa
- Great building site overlooking the entire farm and 8+ acre lake
- Approx. 196 acres CRP in 3 contract
- 99 acres @ $159.38 acre or $15,778.62 annual
- 85.58 Acres at 178.60 acre or $15,284.58 annual
- 11.05 acres at 182.86 acre or $2,020.60 annual
- For a total annual farm income of $33,083.80.
- Over 3% ROI at asking price. If a hunting lease was added to the income stream this farm could Easily go to a 3.5% ROI at asking price. (call for details)
- Power is available at the road, Water is available 420 feet East of the property
- Property has 2 ponds of which one is 9+ acres and fully stocked
- 9 mile creek runs West to East through the North end of the property (see pics)
- Creek will serve at major travel corridor during the rut with larger blocks of timber on the East and West sides of the property.
- Good native grass CRP that has a good population of upland birds. I seen and heard many pheasants while taking pictures of the property.
- The property has just enough timbered/brushy draws with the surrounding CRP grass cover to harbor deer and wild turkey.
Summary
Fencing
Low
Land Type
Hunting and Recreational, Timberland
Land Details
Timber, Enrolled in Government Program, Pond, Lake
Road Surface
Gravel
Property Type
Recreational Land, Timberland, Hunting Land
Road Frontage
County Road
Improvements/Features
Small Game, Big Game, Upland Game, Predators, Waterfowl, Fish, Creek/Spring, Seller's Mineral Rights Convey
Land and Farm Property Types
Land - Hunting, Land - Recreational, Timberland - Natural
Other Property Details
Utilities
- electric: onsite
- internet: onsite
- telephone: onsite
- water: nearby
Coordinates
40.8187, -93.3995
Annual Taxes
$0
Sold Property
For more information or to see additional properties currently for sale see Gabe Adair's listings.