Rasmussen 145 Farm

Presenting the Rasmussen 145 Farm: one of three quality farms offered with a rare net 4%+ return at the asking price. Also all the work and all expense to main the CRP contracts is provided through the IHAP program.

Town: Mount Ayr

County: Ringgold

State: IA

Taxes: $2,086

Terms: Cash, payable at closing

Land Use: 143.99 farmland acres, 118.03 CRP cropland acres

Income: 24,504

Possession: Upon closing

CRP Acres: 118.03

CRP Description: 118.03 acres at $207.61/acre, for $24,504 annually, expiring 09/2026 (Ringgold County FSA)

FSA Description: FSA shows 143.99 acres Farmland, with 118.03 acres of Cropland, all of which are currently in CRP. CROP Corn, BASE ACRES 0, CRP RED 24.45, PLC YLD 0; CROP Soybeans, BASE ACRES, CRP RED 24.65, PLC YLD 0; TOTAL BASE ACRES 0, TOTAL CRP RED ACRES 49.10 (Ringgold County FSA)

CSR Description: CSR2- 43.8 (Surety Maps)