York Ave., Fredericksburg IA, 50674

Property Description

224.04 acres, m/l, located 5 miles northeast of Sumer, Iowa located along the Chickasaw/Fayette County line on the east and west side of York Ave. This level to moderately sloping farm has 149.49 FSA/Eff. crop acres with a CSR2 of 80.60. There are also 54.95 acres enrolled in four CRP contracts. There are 20.89 acres enrolled in a CP-38E-2 contract that pays $253.69/acre - or $5,300.00 annually - and expires 9/30/2028. There are 20.58 acres enrolled in a CP-42 contract that pays $283.47/acre - or $5,834.00 annually - and expires on 9/30/2026. There are 9.85 acres enrolled in a CP-21 contract that pays $342.31/acre - or $3,372.00 annually - and expires on 9/30/2031. There are 3.63 acres enrolled in a CP-21 contract that pays $265.41/acre - or $963.00 annually - and expires on 9/30/2027. This is a well-managed farm with productive cropland and CRP that would make a great addition to an existing farm operation or investment portfolio.