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316.20 Acres m/l, Marion Co., Knoxville, IA

Peoples Company is pleased to represent the Carruthers family in the sale of 316.20 acres in southern Marion County, Iowa. Situated immediately along the Marion/Lucas County line and two miles southeast of Columbia, Iowa, this recreational property offers it all with heavily timber draws, two ponds, and income-producing opportunities.

There are 243.13 tillable acres across the farm enrolled in two different Conservation Reserve Program (CRP) contracts. These contracts included 242.25 acres enrolled into Rare and Declining Habitat (CP25/1) thru 2030 with an annual payment of $39,245 ($162 per acre) and 0.88 acres enrolled into Grassed Waterways (CP8A) expiring in 2024 with an annual payment of $214 ($243.68 per acre). The current annual income between the two CRP contracts is $39,459. The balance of the property consists of grassed waterways and wooden timber draws located in the middle ...

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Directions

From Knoxville, Iowa: Travel south/southwest out of town on State Highway 14 for approximately 10 miles to Virginia Street. Turn left (east) onto Virginia Street and travel east for 3.5 miles to 130th Avenue. Turn right (south) onto 130th Avenue and continue south for 0.5 miles. The property will be to the right (west). Look for Peoples Company signs.

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Contact Seller
Peoples Company

Clive, IA

(515) 423-9235

Provided By

Peoples Company, (515) 423-9235
Source: MLS# 642798
Listing last updated: February 17, 2022 at 7:03 AM
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