30 Terre Haute Rd Lamoni, IA 50140
- Land
- 241.40 lot acres
Current Use by Public Records
- Land
Property Details for 30 Terre Haute Rd
- Lot size
- 241.40 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 241.4-acre property in Decatur County, Iowa, presents a unique blend of recreational and investment opportunities. Ideally situated near Interstate 35 for easy access, this diverse farm boasts a mix of timber, Conservation Reserve Program (CRP) land, and row crop acreage. The meticulously managed land is renowned for its abundant wildlife, making it a prime hunting location for Iowa's prized whitetail deer. A significant portion, 148.46 acres, is enrolled in the CRP program, generating a substantial annual income of $129 per acre. This consistent revenue stream adds significant value to the property's investment potential. The property is offered for sale as a whole, but the owners are also open to dividing it into two separate tracts. Tract 1 encompasses approximately 118 acres, with 67.92 acres in CRP. Tract 2 includes roughly 123.40 acres, with 80.54 acres in CRP. This versatile property offers a compelling combination of recreational enjoyment and sound financial returns, making it an attractive proposition for both hunters and investors seeking a piece of Southern Iowa's rich landscape. The property is located at R 30, Terre Haute Road, Lamoni, IA 50140. The asking price for the entire 241.4-acre property is $1,569,100.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lamoni
- County
- Decatur
- State
- Iowa
- Longitude
- -93.909
- Latitude
- 40.6666
