Randy Richter
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Located just southeast of Blakesburg in Wapello County, Iowa, this 146.5-acre combination farm offers agricultural income potential, livestock capabilities, hunting, and multiple potential building sites. The property includes approximately 54.12 certified FSA acres with an average CSR2 rating of 54. Approximately 17.36 acres are established in alfalfa, with 36.65 acres available for potential row-crop production or cash rent. Open for the 2027 crop season, the farm offers flexibility for future farming arrangements. At estimated rental rates of $225?$250 per acre, the 36.65 acres could generate approximately $8,246?$9,163 annually. A previous cattle lease brought in $6,800 annually, for identified combined income potential of approximately $15,046?$15,963, depending on future arrangements. Established fencing, pasture, automatic waterers, and alfalfa support livestock use. Extensive road frontage, multiple potential homesites, and utilities available along the road offer options for a country home or homestead. Timber, food, cover, and water sources create quality whitetail habitat, with a layout suited to hunting predominant winds and cold fronts. A versatile Southern Iowa farm for agriculture, livestock, recreation, or a future homesite.
Property Highlights
Property Type: Land - Residential
Total Acres: 146.50 Acres
General Information
County: Wapello
Listed By:
Land Guys, LLC of Iowa
217-341-8526
No Coast MLS
MLS ID: 6343573
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01 Adams Road, Blakesburg, IA 52536.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $952,250 | $952,250 | $952,250 |
| Down Payment | $190,450 | $33,329 | $238,063 |
| Monthly Mortgage Amount | $5,197 | $6,299 | $6,271 |
| Taxes | $1325 | $1325 | $1325 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $572 | $0 |
| Monthly Estimated Total | $6,800 | $8,474 | $7,874 |
Randy Richter
REALTOR®
Office: (319) 730-4330
Cell: (319) 310-1430
Licensed in IA
Cedar Rapids Office
5805 Council St. NE
Suite A
Cedar Rapids, IA 52402
(319) 373-7845
Suite A
Cedar Rapids, IA 52402
(319) 373-7845
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