Acres - 458 +/- with approximately
403 Acres tillable
Presently 368 acres is tilled with an additional 35 acres coming out of CRP this year that can be tilled.
Price - $2,061,000 or $4,500 /Acre
Amenities - Seven acre lake with docks and small pond. Catfish, bass, bluegill and croppie. Abundant deer and wild turkey on site.
Improvements - Land is partially tiled and terraced. 42x60 Morton metal building.
Yields - Beans - avg 40-50 Bu/acre
Wheat - 2012 yield was 70 Bu/acre
Corn - all in beans and wheat previously until 2012 yields not in yet for this year's corn crop.
Rent - Present tenant farmer is paying $269.00 per acre cash rent. Need to negotiate same rent for next year.
Taxes - $4.00 per acre or $1,832.00
Income - 403 tillable acres at 269.00 = $108,407
Less taxes 1,832
...
$106,575
or 5.1% return
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationLocation Approximately one mile east of Highway 13 and on the south side of I-70. Hard surfaced road on the north, gravel roads on the east, south and west sides.
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