00 120th Street, Lake, IA 51055

Lake
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
00 120th Street,Other, IA 51055
$280,000
  • 39.24 Acres
  • Lots / Land
  • Pending
Listed by: andrew zellmer
Office: peoples company
MLS#:709895
Source:IA_DMAAR

Price summary

  • Price:$280,000

About this home

Pleased to present 39.24 surveyed acres m/l of Monona County farmland located south of Sloan, Iowa. This farm combines recreational potential with productive, tillable acres and would make for a great add-on unit to an existing farm operation or provide an excellent entry-level investment for those looking to access the land ownership market. Affordable and income-producing, this farm includes 37.98 FSA cropland acres carrying a CSR2 soil rating of 62.3, of which, 28.87 acres m/l are currently tillable. There are 9.11 CRP enrolled acres, producing a payment of $232.88 per acre or $2,122 annually. The CRP acres are contracted through 2031 and nicely pair western Iowa hunting opportunities with a guaranteed annual income. Property is accessed via a 33-foot-wide easement extending from the north from 120th Street to the northwest corner of the property. See easement survey document in listing attachments for details. The property is located within McCandless Main Drainage District and...

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Home facts

  • Listing ID #:709895
  • Added:4 day(s) ago
  • Updated:May 24, 2026 at 07:36 AM

Structure and exterior

  • Lot area:39.24 Acres

Finances and disclosures

  • Price:$280,000
  • Tax amount:$1,320

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