Aerial view of the 122 Acres M/L tract, Wapello County, IA, with the boundary outlined Aerial view looking east across the 122 Acres M/L tract, Wapello County, IA, with the boundary outlined

Wapello County, IA Farmland. 122 Acres M/L. $793,000 ($6,500/A)

Property Overview

  • 122 Acres M/L
  • 107.94 Tillable Acres M/L; 51.9 Tillable CSR2
  • Wapello County, IA
  • $793,000 ($6,500/A)
  • Howard McDonald Farm LTD

122-acre Wapello County tract of the McDonald farm featuring dependable CRP income.

Location map, 122 acres M/L, Wapello County, Iowa, north of Ottumwa

Property Details

Legal Description: Tract is part of: The Southwest Quarter (SW1/4) and the Southeast Quarter (SE1/4) of the Northwest Quarter (NW1/4) (except the north 20 feet thereof) in Section Twenty (20), and the North Half (N1/2) of the Northwest Quarter (NW1/4) of Section Twenty-nine (29), all in Township Seventy-three (73) North, Range Thirteen (13) West of the 5th P.M., Wapello County, Iowa. Pending survey.
Township: Highland
Location: From the Highway 163 and Highway 149 intersection North of Ottumwa, go 1/2 mile North to Highland Center Road, then East 1.25 miles to 118th Avenue, then North 3/4 mile. East border is 118th Avenue.
Tract Acres: 122 M/L (*Pending FSA Reconstitution & Survey)
FSA Acres: 124.79
Cropland Acres: 107.94
CRP Acres: 72.12
CSP Acres: 35.82
Cropland CSR2: 51.9
Property Taxes: $2,872.00 (Pending Survey)
Parcel Numbers: 007172040634000, 007172040633000, 007172040636000, 007172910638000
School District: Ottumwa Community School District
FSA Farm Base Acres: Corn Base Acres: 29.12; Corn PLC Yield: 119; Bean Base Acres: 6.06; Bean PLC Yield: 37 (*Pending FSA Reconstitution)
Conservation Reserve Program (CRP): Contract 11915, expires 09/30/2035, 8.68 Acres, $212.00 rental rate per Acre, $1,840.00 annual payment. Contract 11603, expires 09/30/2031, 44.11 Acres, $245.84 rental rate per Acre, $10,844.00 annual payment. Contract 11959, expires 09/30/2036, 19.33 Acres, $261.60 rental rate per Acre, $5,057.00 annual payment. Total 72.12 Acres, total payment $17,741.00 (*Pending FSA Reconstitution).
Comments: This 122 acre Wapello County farm offers dependable CRP income. The CSP acres may be terminated and returned to production for the 2027 crop season. The average CSR2 across the cropland acres is 51.9. Whether you’re looking to expand your farming operation or add to your investment portfolio, this property is an excellent opportunity.

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Contact an Agent for More Information

Mac Chilton

Farm Manager, Real Estate Agent
Licensed In IA, IL & MO
Associate Appraiser, Licensed In IA

Details

Property Type : Land
City : Wapello County, IA
County : Wapello