, Nodaway, IA (Adams County)

306 Acres in Nodaway, IA - $750,000

This is an excellent Iowa Bottom Land Farm. Of the 306+/- total acres, 254.9+/- are cropland acres according to the FSA. Farm has 4 acres enrolled in CRP Program at $124/acre resulting in $496/year income. Farm has potential lease of $170/tillable acre x 245 lease acres = $41,650/year income. Total est. income = $42,146. Farm offers excellent soils. Average CSR = app 64.5 with the bottom land soils being in the 60 to 85 range. Farm has Wheat Base = 2.8, Corn Base = 127.4, Soybean Base = 108.3. Sum of bases = 238.5. Farm current DCP Payment = $4,092.