2851 Ocean Avenue, Greene, IA 50636

Property Description

Floyd County, Iowa Farmland & Recreational Property – Presenting 160 acres m/l of income-producing, recreational farmland located just 3.5 miles northeast of Greene, Iowa, in Section 20 of Pleasant Grove Township. This well-rounded property features a diverse mix of CRP, row crop, and mature timber, making it an excellent opportunity for both investors and outdoorsmen. The farm includes 106.42 FSA cropland acres, with 71.32 acres currently enrolled in the Conservation Reserve Program (CRP) and an estimated 24.71 acres in row crop production. The tillable acres carry a CSR2 soil rating of 58.4. The CRP acres generate a total annual income of $19,834 through multiple contracts: 24.1 acres enrolled in CP21 paying $380/acre, expiring in 2053 34.32 acres enrolled in CP42 paying $219.06/acre, expiring in 2026 12.9 acres enrolled in CP42 paying $244.83/acre, expiring in 2025 In addition to the tillable and CRP acres, the property features mature timber and a creek that winds through the farm, providing year-round water for wildlife. The property also includes a 2-bedroom, 1.5-bathroom home built in 2012 with 1,020 sq ft of living area. The interior of the house remains unfinished, presenting the opportunity to customize it as a hunting cabin or finish it as a full-time residence. Additional outbuildings on the property provide storage and utility for farming or recreational use. The dwelling will sell as-is.