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$ 1,125,000
Est. payment /mo
Active
2851 Ocean Avenue Greene, IA 50636
2 Beds
2 Baths
1,020 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
Square Footage 1,020 sqft
Price per Sqft $1,102
MLS Listing ID 736242
Style Ranch
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 2012
Annual Tax Amount $1,020
Property Sub-Type Acreage
Property Description
Floyd County, Iowa Farmland & Recreational Property – Presenting 160 acres m/l of income-producing, recreational farmland located just 3.5 miles northeast of Greene, Iowa, in Section 20 of Pleasant Grove Township. This well-rounded property features a diverse mix of CRP, row crop, and mature timber, making it an excellent opportunity for both investors and outdoorsmen.
The farm includes 106.42 FSA cropland acres, with 71.32 acres currently enrolled in the Conservation Reserve Program (CRP) and an estimated 24.71 acres in row crop production. The tillable acres carry a CSR2 soil rating of 58.4. The CRP acres generate a total annual income of $19,834 through multiple contracts:
24.1 acres enrolled in CP21 paying $380/acre, expiring in 2053
34.32 acres enrolled in CP42 paying $219.06/acre, expiring in 2026
12.9 acres enrolled in CP42 paying $244.83/acre, expiring in 2025
In addition to the tillable and CRP acres, the property features mature timber and a creek that winds through the farm, providing year-round water for wildlife.
The property also includes a 2-bedroom, 1.5-bathroom home built in 2012 with 1,020 sq ft of living area. The interior of the house remains unfinished, presenting the opportunity to customize it as a hunting cabin or finish it as a full-time residence. Additional outbuildings on the property provide storage and utility for farming or recreational use. The dwelling will sell as-is.
The farm includes 106.42 FSA cropland acres, with 71.32 acres currently enrolled in the Conservation Reserve Program (CRP) and an estimated 24.71 acres in row crop production. The tillable acres carry a CSR2 soil rating of 58.4. The CRP acres generate a total annual income of $19,834 through multiple contracts:
24.1 acres enrolled in CP21 paying $380/acre, expiring in 2053
34.32 acres enrolled in CP42 paying $219.06/acre, expiring in 2026
12.9 acres enrolled in CP42 paying $244.83/acre, expiring in 2025
In addition to the tillable and CRP acres, the property features mature timber and a creek that winds through the farm, providing year-round water for wildlife.
The property also includes a 2-bedroom, 1.5-bathroom home built in 2012 with 1,020 sq ft of living area. The interior of the house remains unfinished, presenting the opportunity to customize it as a hunting cabin or finish it as a full-time residence. Additional outbuildings on the property provide storage and utility for farming or recreational use. The dwelling will sell as-is.
Location
State IA
County Floyd
Area Greene
Zoning Ag
Interior
Interior Features Dining Area
Heating Propane
Fireplace No
Exterior
Roof Type Asphalt,Shingle
Private Pool No
Schools
School District North Butler
Others
Senior Community No
Tax ID 15-20-400-002-00
Monthly Total Fees $85
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Peoples Company
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