For Sale
$706,500

144 Paton St Paton, IA 50217

62.8 Acres, Income-Producing Farm

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional income-producing farm, located just south of Paton, Iowa in Section 29 of Paton Township, offers 62.8 net acres (m/l), including 59.86 FSA cropland acres with a CSR2 of 83.6. The property boasts highly productive soil types: Canisteo clay loam, Webster clay loam, and Nicollet clay loam. No wetland determination is on file. Currently enrolled in the Conservation Reserve Program (CRP), the cropland generates income through two contracts: Contract #11367C (53.36 acres in the Pollinator Habitat Program, expiring September 2027, with an annual payment of $16,506) and Contract #12027A (6.50 acres in the Farmable Wetlands Program, expiring September 2033, with an annual payment of $1,950). Upon CRP expiration, the land is suitable for farming or continued CRP enrollment. Access is from Iowa Highway 144. A 52' x 52' pole barn (built 1959) is included "as is, where is." The Union Pacific Railroad traverses the property, with a private crossing providing western access. An overhead transmission line runs along the eastern border, connecting to substations northeast of Paton. The asking price is $706,500. APN: 0429200002, 0429200004, 0429400003.

Highlights

  • $706,500 asking price for 62.8 acres of agricultural land in Greene County, Iowa.
  • Property includes 59.86 FSA cropland acres with a CSR2 of 83.6, primarily Canisteo, Webster, and Nicollet clay loam soils.
  • 59.86 acres are enrolled in CRP, with contracts expiring in 2027 and 2033; generating annual payments of $16,506 and $1,950 respectively.
  • Includes a 52' x 52' pole barn (as-is condition), private railroad crossing, and access from IA Highway 144.
  • Located in Section 29, Paton Township, near Paton, IA (zip code 50217), with APN: 0429200002, 0429200004, 0429400003.

Property Details for 144 Paton St

Property type
Land, Farms
Lot Size (sq. ft)
2,735,568 SF

Location Insight

City
Paton
County
Greene
State
Iowa
Latitude
42.146054487842
Longitude
-94.242593230029

FAQs

What type of property is this?
Land - 62.8 Acres, Income-Producing Farm
Where is the land located?
The property is located at 144 Paton St Paton, IA.
What is the asking price?
The asking price for this property is $706,500.
What are key features of this property?
This property features: $706,500 asking price for 62.8 acres of agricultural land in Greene County, Iowa.; Property includes 59.86 FSA cropland acres with a CSR2 of 83.6, primarily Canisteo, Webster, and Nicollet clay loam soils.; 59.86 acres are enrolled in CRP, with contracts expiring in 2027 and 2033; generating annual payments of $16,506 and $1,950 respectively.
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144 Paton St
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