REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1
Est. payment /mo
New
0 320th Street & Lakin's Grove Avenue Stanhope, IA 50246
120 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 732047
HOA Y/N No
Annual Tax Amount $4,766
Lot Size 120.000 Acres
Acres 120.0
Property Description
Hamilton County, Iowa Land Auction – Mark your calendar for Thursday, February 5th, 2026, at 10:00 AM! Representing the Clifford L. Johnson Farm in the sale of 120.00 acres m/l located approximately 3 miles northeast of Stanhope, Iowa. This high-quality Hamilton County, Iowa farm consists of 117.14 Non-Highly Erodible FSA cropland acres, of which 99.70 are currently in row crop production carrying a CSR2 average of 71.1. The balance of the 17.44 FSA cropland acres are currently enrolled in CRP programs CP27 & CP28, producing an annual payment of $5,232.
Farm Lease:
The farm is leased for the 2026 crop season, and the Buyer will assume the 2026 farm lease. The total cash rent for the 2026 year is $26,919 and is paid in three equal payments. The first payment of $8,973 is paid on March 1st, 2026, and will appear as a credit to the Buyer at closing. The final two payments will be made directly to the Buyer with the second payment of $8,973 being made on September 1st, 2026, and the third payment of $8,973 being made on November 15th, 2026. Please reach out to the listing agent for more details.
CRP Contracts:
2.02 acres enrolled in CP27 | Contract expires 9/30/32 | $300.00 Rental Rate per Acre | Annual Payment $606
3.03 acres enrolled in CP27 | Contract expires 9/30/32 | $300.00 Rental Rate per Acre | Annual Payment $909
12.39 acres enrolled in CP28 | Contract expires 9/30/32 | $300.00 Rental Rate per Acre | Annual Payment $3,717
Farm Lease:
The farm is leased for the 2026 crop season, and the Buyer will assume the 2026 farm lease. The total cash rent for the 2026 year is $26,919 and is paid in three equal payments. The first payment of $8,973 is paid on March 1st, 2026, and will appear as a credit to the Buyer at closing. The final two payments will be made directly to the Buyer with the second payment of $8,973 being made on September 1st, 2026, and the third payment of $8,973 being made on November 15th, 2026. Please reach out to the listing agent for more details.
CRP Contracts:
2.02 acres enrolled in CP27 | Contract expires 9/30/32 | $300.00 Rental Rate per Acre | Annual Payment $606
3.03 acres enrolled in CP27 | Contract expires 9/30/32 | $300.00 Rental Rate per Acre | Annual Payment $909
12.39 acres enrolled in CP28 | Contract expires 9/30/32 | $300.00 Rental Rate per Acre | Annual Payment $3,717
Location
State IA
County Hamilton
Area Stanhope
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Schools
School District South Hamilton
Others
Tax ID 40872528200002, 40872528200004, 40872528200003
Monthly Total Fees $397
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Auction
©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by Peoples Company
GET MORE INFORMATION
QUICK SEARCH