$645,000 Price Analysis 3238 Nature StWoodburn, IA 50275 4 bed 1 bath 1,428 SqFt ($451/SqFt) 99.96 acre lot. Built 1920 Listed 2024-06-27 | ✓ USDA Eligible near Woodburn, IA |
IA East of Osceola, IA. The property consists of an estimated 78.85 Cropland acres with a weighted average CSR2 of 46.0. The primary soil types include Clarinda silty clay loam and Arispe silty clay loam with moderate slopes. 74.45 of the cropland acres are currently enrolled in the Conservation Reserve Program (CRP) with an annual rental rate per acre of $222.18. The total annual income of the CRP contract totals $16, 541. The CRP contract expires in September of 2026. Fields are planted with a variety of grasses, legumes and forbs providing improved water quali ty, reduced soil erosion and habitat creation for a host of wildlife including a healthy population of pheasants and quail.
The property also includes a 1, 428 square foot 1 1/2 story farmhouse built in 1920. The home offers 4 bedrooms and 1 full bathroom as well as several historic outbuildings and a newer Morton Building. With little improvement, this home could be brought back to its original glory with its turn of the century style of woodworking and trim. A dream restoration project or simply another revenue stream of rental income for the investor buyer. 30 X 36 Morton Building 78.85 Cropland Acres 74.45 CRP Acres CP1 paying $222.18 per acre expiring 9/30/2026 34.20 Corn Bse Acres with a PLC yield of 98
Presented by Kenny Herring at
Peoples Company.
Property MLS #698090 from DesMoines
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.