Carlisle, IA 50047,000 Highway 5 Highway
Carlisle, IA 50047,000 Highway 5 Highway
Carlisle, IA 50047,000 Highway 5 Highway
$950,000
Est. payment /mo
$1,085,288
12.5%
Est.Price: ?

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131.55 Acres Lot
SOLD DATE : 02/22/2024

Key Details

Sold Price $950,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 686876

Sold Date 02/22/24

HOA Y/N No

Annual Tax Amount $2,522

Lot Size 131.550 Acres

Acres 131.55

Property Description

Pleased to offer an excellent land ownership opportunity adjoining the city limits of Carlisle, Iowa. The farm is located on the southeast edge of town, at the intersection of paved roads Highway 5 and 165th Place. The farm offers multiple unique opportunities that would make it a solid addition to a local farm operation or a great candidate for an investor looking to diversify their portfolio.

The farm consists of 131.55 acres m/l, with an estimated 96.46 FSA tillable acres. An estimated 81.54 acres are currently in row crop production, carrying a CSR2 value of 78.3. Primary soil types on this tract include highly productive Bremer and Nevin silty clay loams, with slopes ranging from 0-2 percent. There are an additional 9.41 Acres in CRP (Conservation Reserve Program) paying $2,949.00 annually ($313.35/acre) through 2027. The farm is located within close proximity to Heartland Co-Op, just a few miles north of the farm in Avon.

Under the current farm bill, this farm qualifies for the implementation of Wetland Reserve Program. This perk offers a great opportunity for a new owner who would want to pursue putting the farm into a conservation program that would provide habitat for wildlife, decrease flood damages, improve water quality, and help the recovery of endangered and threatened species of wildlife. Please contact the Listing Agent for information regarding the potential opportunity of enrolling the farm into WRP.

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Location

State IA

County Warren

Area Carlisle

Zoning Ag

Interior

Fireplace No

Exterior

Private Pool No

Schools

School District Carlisle

Others

Tax ID 01000100261

Monthly Total Fees $210

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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Listed by Peoples Company
Bought with Peoples Company

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Erika Hansen

+1(515) 720-2618

Agent | License ID: S58632000

Agent License ID: S58632000

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