2547 260th Ct., Bedford, IA 50833 - Taylor County

NAME: Witt Farm

PRICE: $2,150,000.00

TERMS: Cash, payable at closing

TAXES: Approximately $7,660/year - Taylor Co. Treasurer

POSSESSION: At Closing may be subject to farm tenancy

LAND USE: Approximately 318.74 acres of cropland, with 198.74 effective crop acres, 120 acres enrolled in the Conservation Reserve Program with the balance in mostly pasture with some timber. - Taylor Co. FSA

HOME DETAILS: (The home is being sold As-Is) Bedrooms 4, Bathrooms 1.5, Square Feet 1,726, Year Built 1900, Full Unfinished Basement, Heat Forced Hot Air, Gas - Taylor Co. Assessor

FSA DATA: Corn Base - 198.7, DY83 - Taylor Co. FSA

Corn Suitability Rating (CSR): Surety CSR (CSR2): 50.03; Surety CSR (CSR1): 46.80; Assessor CSR (CSR1): 46.96 - Taylor Co. Assessor

CRP: $21,796 per year in three contracts on 120 acres, ml

- 82.5 acres at $158.59/acre = $13,084yr exp. 2022

- 21.8 acres at $221/acre = $4,818/yr exp. 2027

- 15.7 acres at 248/acre = $4,818/yr exp. 2021 - Taylor Co. FSA

OUTBUILDINGS:

- 24' x 48' Detached Garage;

- 24' x 48' Machine Building;

- 30' x 44' Feed-Livestock bldg;

- 60' x 120' Steel Utility bldg;

- 4 36' x 30' Grain Bins (26,992 bu storage each = 107,968 bu storage total);

- 3 smaller sheds - Taylor Co. Assessor)

COMMENTS: If youve been in the hunt for a large contiguous property, with several opportunities to generate income, you must consider this property. Farm the good-quality 198.74 effective acres (and possibly convert additional pasture acres to row-crop), while hunting and earning income on the 120 Conservation Reserve Program acres. Include the home on the property, and this would be an excellent location to establish a bed and breakfast for hunters. There are already 8 feet high fence on 142 acres, as well as four nice ponds. Take advantage of the great potential to earn income with this property. Please give PPI, Inc. a call for more information.