Pleased to present 99.96 acres m/l located in Clarke County, IA just East of Osceola, IA. The property consists of an estimated 78.85 Cropland acres with a weighted average CSR2 of 46.0. The primary soil types include Clarinda silty clay loam and Arispe silty clay loam with moderate slopes. 74.45 of the cropland acres are currently enrolled in the Conservation Reserve Program (CRP) with an annual rental rate per acre of $222.18. The total annual income of the CRP contract totals $16,541. The CRP contract expires in September of 2026. Fields are planted with a variety of grasses, legumes, and forbs providing improved water quality, reduced soil erosion, and habitat creation for a host of wildlife including a healthy population of pheasants and quail.The property also includes a 1,428 square foot 1 1/2 story farmhouse built in 1920. The home offers 5 bedrooms, 1 full bathroom, and one 3/4 bathroom as well as several historic outbuildings and a newer Morton Building. With very little improvement, this home could be brought back to its original glory with its turn of the century style of woodworking and trim. A dream restoration project or simply another revenue stream of rental income for the investor buyer. Improvements: 30 X 36 Morton Building78.85 Cropland Acres74.45 CRP Acres CP1 paying $222.18 per acre expiring 9/30/202634.20 Corn Base Acres with a PLC yield of 98
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