Lamoni, IA (Decatur County)

125 Acres in Lamoni, IA - $343,750

Here is an excellent opportunity to purchase a well maintained farm located along the northeast city limits of Lamoni, IA with part of the farm in the city limits. This farm is approx. 94% tillable with a tillable CSR of 48.3. Part of the farm is in alfalfa now but the conservation plan calls for a corn-soybean no-till rotation. The tilled acres were leased at $200/acre in 2008 Access to the farm is off of S Smith Rd. (paved) to the east. If you are looking for good southern Iowa farm with a possibility of future development you need to take a look at this one. Property will be surveyed. Current owner will be retaining the 40 acres and buildings to the NW. It is possible for a buyer to also purchase the south building and the grain bin if needed. These are both new buildings in great condition. Farm had 3T of lime/acre applied in 2007.