Thielen Farm

Income! Income! Income! CRP bid at $295 per acre. This is a higher bid than you could have received when corn was $7! Also there is 39 acres that could be rented out or farmed. Seller has put in tile and improved the farm. Total income potentially $37,300 for a 4.2% net return at full asking price.

Town: Corning

County: Adams

State: IA

Taxes: $3,090

Terms: Cash, payable at closing

Land Use: 139.03 crplnd ac; 99.81 inCRP; 39.22 eff tillable

Income: 29,520

Possession: Upon closing

Tillable Acres: 39.22

CRP Acres: 99.81

CRP Description: 99.81 total acres in CRP at 295.76 per acre, for an annual payment of $29,520. Adams County FSA

FSA Description: FSA shows 162.18 farmland acres, with 139.03 cropland acres; 99.81 acres in CRP and 39.22 effective cropland acres, m/l; Cmdty Corn Base Ac. 36.47 PLCYld 91; Cmdty Sorghum BaseAc. 2.75 PLCYld 7 (Adams County FSA)

CSR Description: CSR2- 57.6 Suret...