Lineville, IA 50147 0000 277th Street
$1,346,875
Pending
15 more
Presented By: RE/MAX Precision
Home Details
This 215 m/l acre farm in Decatur County, southern Iowa, is a rare find, being on the market for the first time in over 25 years. The property offers a unique blend of income-generating opportunities and recreational benefits, making it an attractive investment for both farmers and outdoor enthusiasts. There is also a barn that has been restored with new metal installed that could be finished inside for a nice cabin or lodge. Power and water at the road.
The farm generates a significant annual income, with nearly $9,000 coming from Conservation Reserve Program (CRP) payments. These payments are secure, with most of the contracts set to expire in 2032. Additionally, the farm includes 80 acres of pasture ground, which brings in another $5,600 annually. Together, these income sources provide a steady yearly income of approximately $14,600.
Beyond its financial benefits, this farm is a paradise for hunters and nature lovers. The 55 acres of timber on the property offer outstanding deer and turkey hunting opportunities. The cows are always taken off the pasture by September, ensuring that the deer hunting season is undisturbed, allowing for optimal hunting conditions. The property also features five ponds, adding to its scenic beauty and enhancing its appeal as a recreational retreat.
All information obtained from Seller and public records.
Presented By: RE/MAX Precision
Interior Features for 0000 277th Street
Bedrooms
Total Bedrooms
Bathrooms
3/4 Baths0
Half Baths
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
General for 0000 277th Street
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLineville
CountyDecatur
Days on Market79
DirectionsTake the Decatur City exit from interstate 35 to the east on highway 2 for 7.5 miles. Turn south on highway R52 (Lineville Rd) and continue on this road until you see Snowtown road to the east (left)
Elementary School DistrictWaco CSD
Full Baths
Garage Y/NNo
High School DistrictWaco CSD
Home Owner Association Y/NNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description32.68.24 NW SE, 32.68.24 NE SW, 32.68.24 SW NE, 32.68.24 SE NW, 32.68.24 SW SE, 32.68.24 SE SE LYING S & W OF CO RD 52
Lot Size UnitsAcres
MLS AreaLynnville
Middle/Junior School DistrictWaco CSD
MobileHomeRemainsYNNo
New ConstructionNo
PostalCityLineville
Private PoolNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusPending
StatusPending
Tax Annual Amount2362.0
TermsCash, Conventional
UtilitiesElectricityAvailable
View Y/NNo
Waterfront Y/NNo
ZoningA
Exterior for 0000 277th Street
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesIrregularLot
Lot Size Acres215.5
Lot Size Area215.5
Open Parking Y/NNo
Road Surface TypeAsphalt, Concrete
SpaNo
Additional Details
Price History
Rachel Tiskevics
Realtor®