0 320th Street & Lakin's Grove Avenue, Stanhope, IA 50246
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
0 320th Street & Lakin's Grove Avenue,Stanhope, IA 50246
$1
- 120 Acres
- Lots / Land
- Active
Listed by: andrew zellmer, matt adams
Office: peoples company
MLS#:732047
Source:IA_DMAAR
Price summary
- Price:$1
About this home
Hamilton County, Iowa Land Auction – Mark your calendar for Thursday, February 5th, 2026, at 10:00 AM! Representing the Clifford L. Johnson Farm in the sale of 120.00 acres m/l located approximately 3 miles northeast of Stanhope, Iowa. This high-quality Hamilton County, Iowa farm consists of 117.14 Non-Highly Erodible FSA cropland acres, of which 99.70 are currently in row crop production carrying a CSR2 average of 71.1. The balance of the 17.44 FSA cropland acres are currently enrolled in CRP programs CP27 & CP28, producing an annual payment of $5,232.
Farm Lease:
The farm is leased for the 2026 crop season, and the Buyer will assume the 2026 farm lease. The total cash rent for the 2026 year is $26,919 and is paid in three equal payments. The first payment of $8,973 is paid on March 1st, 2026, and will appear as a credit to the Buyer at closing. The final two payments will be made directly to the Buyer with the second payment of $8,973 being made on September 1st, 2026, and the third payment of $8,973 being made on November 15th, 2026. Please reach out to the listing agent for more details.
CRP Contracts:
2.02 acres enrolled in CP27 | Contract expires 9/30/32 | $300.00 Rental Rate per Acre | Annual Payment $606
3.03 acres enrolled in CP27 | Contract expires 9/30/32 | $300.00 Rental Rate per Acre | Annual Payment $909
12.39 acres enrolled in CP28 | Contract expires 9/30/32 | $300.00 Rental Rate per Acre | Annual Payment $3,717
Contact an agent
Home facts
- Listing ID #:732047
- Added:5 day(s) ago
- Updated:January 01, 2026 at 04:13 PM
Structure and exterior
- Lot area:120 Acres
Finances and disclosures
- Price:$1
- Tax amount:$4,766
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