Highway 5 Centerville, IA $ 849,250
Highway 5
$ 849,250
New Construction
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Highway 5

Centerville, IA, 52544
$ 849,250
Baths0.0

Monthly Estimate*

$ 5,298

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Studio

Farms/Ranches for sale in Centerville, IA

for $849,250. The lot size is 158.

Located just north of Centerville, IA on the east side of Highway 5, this 159+/- acre farm offers excellent hunting, row crop income, & prime building sites. This area offers beautiful rolling hills & a multitude of recreational opportunities w/in minutes of town or Rathbun Lake. This farm features a mix of mature creek-bottom timber, oak & hickory ridges to the south, & thick, overgrown pasture to the north, creating ideal south-facing bedding areas. Hunting pressure has been minimal, w/ only one buck harvested in 2024—a mid-170s-class deer. Two newly constructed creek crossings provide better access & expand options for food plots & stand locations. The farm generates $12,250 annually from 70 acres of cash-rented cropland at $175/acre. Additional tillable acres are available for farming but have been left in wildlife cover for habitat enhancement. The mature timber stand, including walnut, white oak, & bur oak, offers future income potential through timber harvesting. The current owner has received an offer for a long-term solar lease, including a 3-year due diligence period before commitment. Details available upon request. With utilities available, this farm offers excellent building sites along w/ strong hunting & income potential. An existing open front shed is currently utilized for equipment storage w/ renovation opportunities. Whether you’re looking for a premier hunting property, an income-producing farm, or a great location to build, this tract is priced to sell.

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Farms/Ranches Active

Price

$ 849,250

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 2,458

Style

Lot Size

158

Town/City

Centerville

County/Region

Appanoose

MLS | Web ID

6324822

Features
General
Zoning Agriculture
Architectural Style Other
Tax Year 2024
County Appanoose
Property Type Farm
Contingency None
Possible Use Recreational
Status Active - Contingent
Directions From the intersection of Highway 5 & 2 in Centerville take Highway 5 North for approximately 3 miles. the property will be on the East side of the road between 493rd Street and 482nd Street.
Association Name SEIA
Lot Size Units Acres
Lot Size Square Feet 6882480
Tax Annual Amount 2458
Living Area Units Square Feet
Standard Status Active
Legal Description Parcel B in the SE 1/4 of Section 18 and West 1/2 SW 1/4 of Section 17 Township 69 North Range 17 West Appanoose County Iowa. Exact legal to come from abstract.
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Interior
Fireplace Y/N N
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Exterior
Lot Dimensions 158 +/- Acres
Lot Size Acres 158
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* Excluded Features
List By
Stephen Hanson

Listing Agent

Hawkeye Farm Mgmt & Real Estat

Broker

iowasch@gmail.com

Email

Affordability Calculator

$5,503
Per Month
96%
4%
0%
Monthly Principal & Interest
$5,298
Monthly Property Taxes
$205
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/20/2025$849,250 -5.70% Price Down
2/7/2025$900,600 Listed Price

Map


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Highway 5, Centerville, IA, 52544 is a Farms/Ranches for sale at $849,250 with a lot size of 158. Highway 5 is a studio with 0.0 baths. The property's zip code is 52544 which is in Centerville, IA