Address
0 Hamlin AVE Modale, IA
Price
$ 1,499,000
Property Attributes
  • MLS#542376
  • TypeLand
  • CountyHARRISON
  • CityModale
  • Zip51556
  • Style
  • Taxes5290
  • Price$ 1,499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size235 Acres
Listing Provided Courtesy Of:
Peoples Company
Property Description

Offering an aggressive return on investment and abundant wildlife opportunities with this 235 acre tract of income producing Wetland Restoration CRP land nestled among the Loess Hills of Western Iowa! Additionally, the farm is adjacent to Vaile Wetland Nature Area and Sawmill Hollow Wildlife Area with combined acres of wetland, woodland, and ridge top prairie habitat. Property includes 233.83 acres enrolled in two separate CRP contracts (CP-21 & CP-23) with an annual payment of $67,440. (223.71 acres with an annual payment of $66,308 enrolled until 2025 and 10.1 acres with an annual payment of $1,138 enrolled until 2018) ANNUAL PAYMENT OF $67,440 EQUATES TO A 4.5% GROSS RETURN! With the volatility and uncertainty that comes with investing in the stock market and lack of returns on alternative investments, owning this property with the Federal Government as your "tenant" should be enticing. Located a few miles from Interstate 29 providing easy access .......

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
6/22/2017 Listed $1,499,000

General Features

School District Outside School District
Terms Available Cash, Conventional
Zoning AG

Interior Features

Electricity Street

Exterior Features

Acres 235.0000
Acres Qualifier More or Less
Water Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 51556

Price
AVG $1.5M
$1.5M
Taxes
AVG $5,290
$5,290
Visits
AVG 8
7

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