NO 1% ORIGINATION FEEEric Baumgarth Office: 319.341.3070
Offering 294 m/l contiguous acres of quality Adair County, Iowa farmland located 2 miles east and 1 mile south of Greenfield. Farm has been owned and operated by the same family since 1918 and features 239 m/l acres of well managed CRP, paying $220.74/acre totalling $52,889 of income per year (Fall 2018 payment will go to the seller). CRP contract expires in 2020 with the remaining two payments on the contract available to the new owner. An additional $2,021/year of income from Mid-American Energy wind turbine options. This farm would qualify for possible transition to organic farming when CRP expires in 2020. Wildlife sign is abundant, featuring turkeys, deer, pheasant, and quail. Farm is conveniently located just off of Highway 92.
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