$544,797   •   110.06 Acres
Under Contract

Peoples Company is pleased to offer this 110.06 acre combination farm with tillable acres, CRP, creek bottoms, and heavy, south-facing timber in Adams County, Iowa. This farm is located just west of Corning and south of Carbon on Elm Avenue. The property offers a new owner the opportunity to purchase a mixed-use tract that would be ideal for farming, hunting, and building a home. There are an estimated 68.69 FSA tillable acres, carrying a CSR2 value of 54.2. Of the FSA tillable acres, 13.04 are actively being row-cropped on a corn/bean rotation. There are a total of 26.41 acres enrolled into two separate CRP contracts, with a total annual payment of $5,893.52 (see contract breakdown in the Farm Details section below). The additional tillable acres could either be put into hay, food plots, row cropped, or eventually, put into CRP. The farm lease has been terminated and the row crop acres are open for the 2024 crop season. The farm features excellent hunting and recreational opportunities for the investment minded outdoorsman. Heavy, hardwood timber on the west side of the farm allows a hunter to access the farm with ease, and without spooking game. The property holds a large amount of whitetail, turkey, pheasant, and other game. Multiple food plot locations with secluded access would be ideal for hunting predominant winds in the fall. The creek bottom that runs north to south and connects bigger blocks of timber provides multiple stand locations for hunting rutting bucks in late October through mid-November. The turkey hunting on this farm is stellar, with big blocks of timber and roost trees overlooking the current ag fields on the farm. This farm is located in Section 23 of Douglas Township in Adams County, Iowa. Please contact one of the Listing Agents for more details regarding this offering! Farm Details CRP Acres Information: 10.68 acres, CP21 paying $1,368.00 annually ($129.98/acre) through 2032 15.73 acres, CP38E-25 paying $4,525.52 annually ($287.70/acre) through 2032

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Construction Status: - None -