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Presenting the Engel Farm, a great opportunity with a fantastic location right next to Lake Icaria. With the lakeside location, this property has excellent recreation potential. In addition, it has productive row crop acres along with acres enrolled in the Conservation Reserve Program that will expire in the next few years. This gives the new owner the option of potentially converting additional acres into row crop production to further increase the income potential on this farm. This is an excellent opportunity to have an income producing property with recreation value.

 

The information contained in this website was gathered from sources believed to be reliable. We do not guarantee this information and urge the prospective buyer to do further investigation on their own. PPI, Inc. is representing the Seller.

NAME:

Engel Farm

PRICE:

$648,000

SIZE:

180 acres ml

LAND USE:

138.6 cropland acres, with 77.2 acres in CRP. Adams Co. FSA

CRP:

77.2 acres @ $100.47 = $7,756 annually, expiring 9/30/2013

 Adams Co. FSA

FSA DATA:

Cmdty Acres D. Yield Corn      57.4       89 Wheat     4.0        37 

 Adams Co. FSA

POSSESSION:

May be subject to farm tenancy

CSR:

Avg. 49 

Adams Co. Assessor

TERMS:

Cash, payable upon closing

TAXES:

$2,206/year

Adams Co. Treasurer

LOCATION:

Approximately 2 miles north of Corning, IA on 148, and the 1 mile on North on Juniper Avenue.

AGENT:

Agent: Tom Miller  - 712-621-1281

No photos at this time.  Please check back for updates.