22352 248th Street Onawa, IA $ 1,308,000
22352 248th Street
$ 1,308,000
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22352 248th Street

Onawa, IA, 51040
$ 1,308,000
Baths0.0

Monthly Estimate*

$ 9,137

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Studio

Lots and Land for sale in Onawa, IA

for $1,308,000. The lot size is 120.

Just outside Onawa IA, lies this beautiful 120+/- acre production farm that has been in the same family for 113 years. The farm has been in origin since 1910 and in 2016 was recognized with the prestigious award of being a Century Farm. Farms of this nature rarely become available to the public. The farm consists of 119.64 FSA tillable acres and has a weighted CSR2 average of 71.4. Primary soils include Rodney, Albaton, Owego, and Onawa silty clay. The slope of the farm is 0-2% making planting and harvesting fast and efficient, increasing machinery performance, and lessening the chances of crop damage. The farm is accessed from the south off 248th Street and is only 1/2 mile from paved Hwy K45. The nearest Cooperative is just a short distance at only 2.5 miles away. Onawa is also home too many Agricultural product and seed dealers ensuring you have the care and support needed to run an effective and successful farming operation. For the investment minded buyer, the farm sits in a very strong farming community and a cash rental or crop share agreement/partnership would be a viable option as well. The farm has been in a corn and bean rotation and the 2022 corn yield was 216. bu./acre. 2023 cash rent was $285/acre or $34,200. The farm is open and available for the 2024 planting season. If you have been looking to start your own farming operation, add to existing acres, or looking for a sound investment to add to your portfolio, you will want to take a hard look at this one.

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Lots and Land Active

Price

$ 1,308,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 4,948

Style

Lot Size

120

Town/City

Onawa

County/Region

Monona

MLS | Web ID

683032

Features
General
Zoning ag
County Monona
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions From Onawa south on K45 to 248th street. West to property
City Onawa
Buyer Agent Compensation 3.0000
View Y/N N
Senior Community Y/N N
MLS Area Onawa
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 248th
Listing Terms Cash Conventional USDALoan
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4948.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 162
Standard Status Active
Legal Description 120+/- acres located in STR 17-83N-45W. Complete legal to be taken from abstract
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Exterior
Lot Size Area 120.0
Spa N
Lot Size Acres 120.0
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
3/4 Baths 0
Street Suffix Street
Total Bedrooms 0
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 22352
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* Excluded Features
List By
Sean Stewart

Listing Agent

Midwest Land Group

Broker

seanstewart@midwestlandgroup.com

Email

Affordability Calculator

$9,549
Per Month
96%
4%
0%
Monthly Principal & Interest
$9,137
Monthly Property Taxes
$412
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1177618 Elementary School
1177461 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/11/2024$1,308,000 -5.22% Price Down
11/23/2023$1,380,000 -6.72% Price Down
10/3/2023$1,479,429 Listed Price

Map


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22352 248th Street, Onawa, IA, 51040 is a Lots and Land for sale at $1,308,000 with a lot size of 120. 22352 248th Street is a studio with 0.0 baths. The property's zip code is 51040 which is in Onawa, IA