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Income-Producing Iowa Farm
For Sale
$2,106,000

540th Street, Centerville, IA 52544

Land, Centerville, IA

Property SizeContact for details
Lot Size324.00 Acres
Days on Market17

Property Features for 540th Street

General Information

Property type Land
Property subtype Other
Directions From Centerville, head south on IA-5 S and turn left onto 540th St. Continue for about 3.5 miles. The property will be on your right.
Standard status Active
APN 220211000300000
Lot size 324.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description NE NW 1/4 exc 1.21 ac Rdease Se Nw Exc .49 Ac Pt S& W Of Rr Nw Ne Exc 1.21 Ac Rd Ease Ne Ne Exc 2.10 Ac Rd Ease & Exc The E 1/3 Of The N 1/3 Of Ne Ne Sw Ne Se Ne Exc 1.51 Ac Rd Ease Ne Sw S & W Of Cen
Tax Annual Amount 3200
Legal Description NE NW 1/4 exc 1.21 ac Rdease Se Nw Exc .49 Ac Pt S& W Of Rr Nw Ne Exc 1.21 Ac Rd Ease Ne Ne Exc 2.10 Ac Rd Ease & Exc The E 1/3 Of The N 1/3 Of Ne Ne Sw Ne Se Ne Exc 1.51 Ac Rd Ease Ne Sw S & W Of Cen

Building Details

Architectural style Other
Listing Agency: Whitetail Properties Real Estate, LLC
Listed By: Benjamin Harshyne · License #***
Added: Aug 20 Changed: Sep 4 Last Checked: Sep 5 at 7:06AM
MLS# 6342383

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 324+/- acre Appanoose County farm includes approximately 99 acres of tillable ground, 111 acres enrolled in the Conservation Reserve Program, and remaining acreage in mixed upland and bottomland timber. The agricultural acreage is currently leased for farming, while CRP contracts extend through 2035. Portions of the wooded acreage are also included in the Forest Reserve.

The property’s timber includes mature red and pin oaks, along with scattered cedar cover. These wooded areas provide varied habitat across the farm, complemented by open ground and established conservation acreage. The property is approximately 6 miles southeast of Centerville, 53 miles south of Oskaloosa, and 90 miles from the Des Moines metro area. The advertised acreage is subject to final survey.

Key Highlights

  • 324+/- acres in Appanoose County, subject to final survey
  • Approximately 99 acres of tillable ground currently cash rented
  • 111 acres enrolled in CRP with contracts running through 2035

Property Analytics

Current Use

Hunting land

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 52544, IA

7,481
Population
4,096
Households
1.8
Avg Household Size
44
Median Age
19%
College-Educated
88%
High-School Grad
138.3 sq mi
ZIP Area
54
Density / Sq Mi
$45,257
Median Household Income
$36,792
Median Earnings
$779
Median Rent
$114,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Farm - Farm combines cash-rented tillable acres, CRP enrollment, and mixed upland and bottomland timber.
Where is this farm located?
The property is located at 540th Street Centerville, IA.
What is the asking price?
The asking price for this property is $2,106,000.
What are key features of this property?
This property features: 324+/- acres in Appanoose County, subject to final survey; Approximately 99 acres of tillable ground currently cash rented; 111 acres enrolled in CRP with contracts running through 2035
More about this property
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