Sold: Bailey Farm
This is a good opportunity to purchase quality land in south central Iowa that provides a reasonable income that will increase once the CRP is renewed in 2019 or farmed as tillable acres. The CRP land has been in the program since at least 1995 thus has some red cedar trees scattered throughout. There is one small pond but a good location for a larger pond. The farm is in the Rathbun Lake watershed and there may be cost share funds available to help with the cost. The lease on the tillable acres has been cancelled so the Buyer can have the freedom to decide the use of this land. There is a new CRP program allowance that will allow the CRP to be cancelled if purchased by a beginning farmer. This is a good opportunity for the right situation. The current CRP rate is $79.73/acre until 9/30/19.
BAiley 92 AP Bailey 92 soils
Brief Legal Description:
N 1/2 NE 1/4 and the NE 1/4 NW 1/4 exc. Parcel A of 16-71-23, Lucas County, IA
From Derby, Iowa go north on US Highway 65 for approximately 1.5 miles and then go west on 440th Street for approximately 1.5 miles to the intersection of 440th Street and 130th Avenue. The north east corner of the farm is located on the south west side of the intersection.