01 NE 110th Avenue,Elkhart, IA 50073
Elkhart, IA 50073
Description
An exceptional opportunity to own 60 acres in the path of future growth. Located on pavement in a rapidly expanding area, this versatile property offers outstanding potential for development, investment, continued farming, recreation, or the construction of a private estate, with utilities available at the road. Held by the same family for over 25 years, this property combines location, productivity, and long-term value. Boasting an impressive CSR2 of 84, the farm features highly productive Iowa soils. Known for excellent pheasant hunting adds outstanding recreational appeal. Approximately 58.17 acres are enrolled in the Conservation Reserve Program (CRP), generating a total annual income of $17,047. A current CRP contract for 23.57ac pays $7,082/year through September 2026. A new contract begins this fall on 34.6ac and runs through 2036, paying $9,965/year. Buyers wishing to return the CRP acres to crop production in 2027 may terminate the new contract, subject to USDA/FSA requirements. Whether you're a developer planning for the future, an investor seeking land in the path of growth, a farmer adding productive acres, an investment minded hunter looking for quality upland habitat, or someone wanting to build a private country estate on a paved road, this exceptional 60-acre property offers versatility and lasting value situated in the path of eminent growth.
Details
| MLS # | 745088 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 38 |
| Listing Provided By | RE/MAX Real Estate Center | Sean Asada |
Features
| Zoning | AG |
|---|---|
| Acreage | 60.00 |
Taxes
| Tax Annual Amount | 2460.21 |
|---|
Area Information
| State | IA |
|---|---|
| County | Polk |
| City | Elkhart |
| Zip Code | 50073 |
| Area | Ankeny |
| Listing VS Median (in 50073) | |
Price: $1,560,000 low | high Med: $325,000 On site: 38 low | high Med: 101.5 | |
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Learn More About This Property
| State | IA |
|---|---|
| County | Polk |
| City | Elkhart |
| Zip Code | 50073 |
| Area | Ankeny |
| Listing VS Median (in 50073) | |
Price: $1,560,000 low | high Med: $325,000 On site: 38 low | high Med: 101.5 | |