$265,200 or $6,630/Acre – For Sale
PROPERTY DESCRIPTION
PROPERTY DESCRIPTION
Located just over 1 mile northwest of Kensett, Iowa in central Worth county, Iowa sits this diverse farm for sale owned by HWCSM Trust. The farm offers 32.37 FSA cropland acres. 24.56 of the 32.56 cropland acres are being farmed on a corn-bean rotation. 7.81 acres of the 32.56 cropland acres are in Conservation Reserve Programs (CRP), paying on average $233.56 / acre or $1,746 annually. There are three CRP contracts in place; the CRP contracts and maps are listed above. The tillable acres are rented for 2025 agriculture season, the 2025 cash rent income shall be negotiated with any offer. The 2026 agriculture possession will remain open allowing the buyer to farm the farm or rent the tillable acres out to whoever they desire to.
Elk Creek runs through the north ⅓ of this property. This is a great travel corridor for whitetail deer and waterfowl. The opportunities for this smaller affordable tract of farmland is endless. The property would make for a great starter farm, a perfect place to recreate, or a great addition to a current landholding portfolio! Call Cody or Nick Skinner today to request a private showing.
Farm Highlights:
- 40 +/- Gross Acres
- 32.37 +/- FSA cropland acres
- 24.56 +/- acres being cash rented on a corn bean rotation for $260 / acre or $6,384 annually
- 54.8 CSR2 on current tillable acres
- 7.81 acres in CRP paying $1,746 annually – CRP maps and contracts are in the farm documents above
- CRP contract #1 – 2.71 acres enrolled through 9/30/2034 paying $191 / acre or $518 annually
- CRP contract #2 – 4.4 acres enrolled through 9/30/2030 paying $248.86 / acre or $1,095 annually
- CRP contract #3 – .7 acres enrolled through 9/30/2030 paying $190.37 / acre or $133.00 annually
- 24.56 +/- acres being cash rented on a corn bean rotation for $260 / acre or $6,384 annually
- Total current annual farm income is $8,130 which is a 3.06% annual return at the asking price
- Elk Creek runs through the north ⅓ of this property. This is a great travel corridor for whitetail deer and waterfowl!
- Located in central Worth County, Iowa 1.2 miles northwest of Kensett, Iowa
- Located 5 miles south of Northwood, Iowa
- Located 1 mile west of HWY 65
Brief Legal Description
40+/- gross acres located in Worth County, Iowa, Kensett Township, Section 29. Exact legal description will come from the abstract.
Taxes:
726 +/- Annually
From Kensett, Iowa
- Go west on Highway 65 for approximately 1 mile
- Turn right or go north on Nuthatch Ave
- Travel on Nuthatch Ave for .8 miles
- The southeast corner of the property is on the left side of the road
- For sale sign is located on the farm
