(this property is no longer available)
$880,000   •   160 Acres

Rare opportunity to own property along Iowa Highway 5 just south of Centerville, Iowa. Peoples Company is pleased to offer 160 total acres m/l in Appanoose County with various attributes featuring future development, agricultural, and recreational opportunities. The farm has 108.36 acres m/l currently in row crop production carrying a CSR2 of 49.6. Primary soil types include Seymour and Edina silt loams, ranging from 0-5% slopes. There are 15 acres m/l being hayed that have been left for recreational purposes and could be converted to crops with minimal effort. A wetland determination has been completed on the farm and has been deemed "prior converted" or PC which would allow for the current drainage tile to be maintained and new drainage tile to be installed on the farm without any restrictions. The farm lease is available for the 2024 crop season (Contact agent for details). Utilities, including water; sewer; and electricity, have already been run to the property allowing for commercial and residential development. Electric service is provided through Alliant Energy and rural water is serviced through Rathbun Rural Water and Centerville City Water. If you are an avid outdoorsman, this property has created exceptional hunting opportunities to harvest trophy whitetail deer, turkey, upland game birds, and waterfowl. The recreational aspect could be enhanced by furthering the trail system throughout the property. The property also features a 30’ x 40’ steel utility building with concrete floors and two stocked ponds where you will catch Largemouth Bass, Crappie, and Bluegill. The City of Centerville has a permanent easement allowing access to their lift station located on the property (See Attached Easement). The property is located in Section 18 of Vermillion Township just minutes away from Centerville, Iowa. Take advantage of this premier location with unlimited possibilities. Please contact one of the listing agents for a showing or more information regarding the property.

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Construction Status: - None -