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27673628
27673629

2851 Ocean Ave, Greene, IA 50636

DB
IA S60473000
Peoples Company - Indianola
Listed by Peoples Company - Indianola
$1,125,000
229 days on market
Updated 23 days ago

2851 Ocean Avenue

Details
Property Type Land
Sub Type Farm, Hunting/Recreational
Acreage 160.000
Zoning Agriculture

Land | 160 acres

Marketing description

Peoples Company is pleased to present 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. With limited cover in the surrounding area, this property attracts and holds deer and turkey, offering exceptional hunting opportunities. The combination of timber, water, and bedding areas creates an outstanding habitat for whitetail, turkey, and upland game.

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.

This Floyd County farm is a unique offering that blends strong income streams with top-tier recreational opportunities. Whether you are an investor seeking dependable returns or a sportsman looking for a high-quality hunting property with income, this property is sure to impress.

Contact the Listing Agent for more information on this outstanding northern Iowa farmland and recreational tract.

SE 1/4 Section 20, Township 94 North, Range 16 West of the 5th PM Floyd County, Iowa. Exact Legal description to be taken from Abstract.

Investment highlights

  • Sign On Property: Yes
  • Parcel Number: 15-20-400-002-00
  • School District: North Butler Community School District
  • General Area: Northeast of Greene, IA
  • Net Taxes: $4,372.00
  • Water: Well
  • Sewer: Septic
  • Zoning: Agriculture
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Garages: 2-Car Attached Garage
  • Stories: 1
  • Basement: Unfinished
  • Year Built: 2012
  • Living Area Square Feet: 1,020
  • Basement Square Feet: 1,020
  • Roof: Asphalt Shingles
  • Exterior: Vinyl
  • Foundation: Concrete Block

Listing Contacts

DB
IA S60473000
Peoples Company - Indianola
Listed by Peoples Company - Indianola

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